Category Archives:
Analysis-US throws Nvidia a lifeline while choking off China’s chipmaking future
By Stephen Nellis and Max A. Cherney SAN FRANCISCO (Reuters) - While stripping China's access to key U.S. artificial intelligence chips, the Biden administration's sweeping new rules also quietly thre...
Oct 18, 2023
Infineon signs semiconductor supply deal with automakers Hyundai, Kia
BERLIN (Reuters) - German chip manufacturer Infineon said on Wednesday it has signed a multi-year agreement with Hyundai and Kia to supply power semiconductors for the production of electric cars. Inf...
Oct 18, 2023
UK inflation rate holds at 6.7% in September
LONDON (Reuters) - British annual consumer price inflation (CPI) was unchanged at 6.7% in September holding at August's 18-month low, official data showed on Wednesday. Economists polled by Reuters ha...
Oct 18, 2023
BOJ seen lifting inflation forecasts as pressure on policy grows
By Leika Kihara TOKYO (Reuters) - The Bank of Japan is expected to raise its inflation forecasts this month to show prices exceeding its 2% target for two straight years, three people familiar with th...
Oct 18, 2023
Ryanair vs Wizz Air: The low-cost fight spreads to Poland
By Joanna Plucinska and Michael Kahn WARSAW/PRAGUE (Reuters) - Ryanair is aiming to double its business in the fast-growing Polish market and expand across eastern Europe over the next decade, executi...
Oct 18, 2023
US Hurricane Center sees 80% chance of cyclone formation near Windward Islands
(Reuters) - A disturbance 1,000 miles east of the Windward Islands has an 80% chance of developing into a tropical cyclone in the next 48 hours, the U.S. National Hurricane Center (NHC) said on Wednes...
Oct 18, 2023
Truckmaker Volvo’s Q3 adjusted operating profit up more than expected
STOCKHOLM (Reuters) -Truck maker Volvo reported on Wednesday a bigger than estimated rise in adjusted operating profit and said it expected the major European and North American heavy trucks markets t...
Oct 18, 2023
Everton sale stalls amid questions about buyer’s financials – NYT
(Reuters) - The sale of struggling Premier League club Everton to 777 Partners has stalled as the U.S. investment fund has yet to provide audited financial statements to a British regulator, the New Y...
Oct 18, 2023
ASML reports third-quarter net profit of $2 billion
AMSTERDAM (Reuters) - Semiconductor equipment maker ASML Holding NV reported on Wednesday third-quarter earnings of 1.9 billion euros ($2.01 billion), in line with analyst expectations, and repeated i...
Oct 18, 2023
Analysis-EU climate divisions give foretaste of fight looming at COP28
By Kate Abnett BRUSSELS (Reuters) - A hard-won deal on the European Union's negotiating stance for this year's U.N. climate talks has revealed regional rifts that anticipate global tensions at the COP...
Oct 18, 2023
Peoria, IL, USA
44 °F Mist
