Category Archives:
Intel and Google Cloud launch new chip to improve data center performance
By Jane Lanhee Lee (Reuters) - Intel Corp and Alphabet Inc's Google Cloud on Tuesday said they have launched a co-designed chip that can make data centers more secure and efficient. The E2000 chip, co...
Oct 11, 2022
Russia’s financial monitoring agency adds Meta to ‘extremists’ list -Ifax
MOSCOW (Reuters) - Russia's financial monitoring agency, Rosfinmonitoring, has added U.S. tech giant Meta Platforms Inc. to its list of "terrorists and extremists", the Interfax news agency reported o...
Oct 11, 2022
Uber exits five Pakistani cities, to continue services via unit Careem
(Reuters) - Uber Technologies Inc will discontinue its ride-hailing services app in five cities in Pakistan including Karachi and Islamabad, the company said on Tuesday, in a move that will reduce mar...
Oct 11, 2022
Leonteq shares hammered after FT report on unusual trading activity
MILAN (Reuters) -Leonteq shares headed for their biggest two-day drop in six years on Tuesday, losing as much as a quarter of their market value in that time, after the Financial Times reported on unu...
Oct 11, 2022
Spanish fast car charger startup Zunder reaches 400 million euro valuation
MADRID (Reuters) - Zunder, a startup setting up and operating ultra-fast chargers for electric cars, reached a valuation of 400 million euros ($388.40 million) after its latest funding round, sharehol...
Oct 11, 2022
Britons turn to electric blankets and candles as winter looms
By Sarah Young LONDON (Reuters) - British shoppers are stocking up on electric blankets, candles and energy-efficient slow cookers as surging gas bills and record food price inflation force millions o...
Oct 11, 2022
Japanese foreign currency deposits rise at fastest rate since 2015
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) - Japanese retail foreign currency deposits have jumped this year as local investors switch out of a weakening yen and zero-yielding local bond m...
Oct 11, 2022
China CDS hit highest in more than five years – S&P Global Market Intelligence
LONDON (Reuters) - The cost of insuring exposure to China's sovereign debt rose to the highest level since January 2017 on Tuesday, data from S&P Global Market Intelligence showed. China's five-year c...
Oct 11, 2022
Energy crisis could cut Europe’s car output nearly 40% – S&P Global Mobility
By Nick Carey LONDON (Reuters) - Auto forecaster S&P Global Mobility warned on Tuesday that, under a worst case scenario, Europe's energy crisis could cut its car production by close to 40%, or more t...
Oct 11, 2022
Futures slide over rising economic worries; tech stocks fall
By Ankika Biswas (Reuters) - U.S. stock index futures fell on Tuesday, with technology shares leading the selloff, as worries over the impact of aggressive rate hikes, escalating Russia-Ukraine war an...
Oct 11, 2022
Peoria, IL, USA
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