Category Archives:
Meta Platforms scoops up AI networking chip team from Graphcore
By Katie Paul (Reuters) - Meta Platforms Inc has hired an Oslo-based team that until late last year was building artificial-intelligence networking technology at British chip unicorn Graphcore. A Meta...
May 05, 2023
Instant View: Canada gains 41,400 jobs in April, jobless rate holds at 5.0%
TORONTO (Reuters) - Canada's economy gained a net 41,400 jobs in April, entirely in part-time work and ahead of analyst forecasts, Statistics Canada data showed on Friday. The jobless rate held at 5.0...
May 05, 2023
Solid April US jobs report undermines case for Fed cut soon
NEW YORK (Reuters) - U.S. employers boosted hiring in April while raising wages for workers, pointing to sustained labor market strength that could see the Federal Reserve keeping interest rates highe...
May 05, 2023
Traders pare bets on Fed rate cuts after strong jobs data
(Reuters) - Traders of futures contracts tied to the Federal Reserve's policy rate pared bets Friday that the U.S. central bank will soon turn to cutting interest rates, after the government reported ...
May 05, 2023
Canada adds more jobs than expected in April; jobless rate unchanged at 5.0%
By Ismail Shakil OTTAWA (Reuters) -The Canadian economy gained a net 41,400 jobs in April, far exceeding expectations, while the jobless rate stayed at 5.0% for a fifth consecutive month, Statistics C...
May 05, 2023
Johnson Controls beats estimates on strong demand, raises annual profit guidance
(Reuters) - Johnson Controls International posted quarterly earnings ahead of analysts' expectations on Friday, underpinned by strong demand for heating and air-conditioning systems from commercial bu...
May 05, 2023
US restaurants finally get labor relief with more workers seeking jobs
By Hilary Russ NEW YORK (Reuters) - More job seekers are filling out applications to sling Big Macs at McDonald's, and Starbucks baristas are staying in their jobs longer, as a cooling economy sends w...
May 05, 2023
China’s industry ministry issues draft data standards for smart vehicles
SHANGHAI (Reuters) - China's industry ministry issued on Friday a series of draft technical standards including cybersecurity requirements for vehicles, with the country moving to tighten data regulat...
May 05, 2023
France’s financial prosecution office probing Thales – source
PARIS (Reuters) - France's financial prosecution office is investigating arms maker Thales, a source close to the matter told Reuters, after a radio station earlier reported on a probe into a fighter ...
May 05, 2023
US equity funds record biggest weekly outflow in five weeks
(Reuters) - U.S. equity funds witnessed massive outflows in the week to May 3, undermined by uncertainty over U.S. debt ceiling, caution about the Federal Reserve's policy meeting and a sell-off in re...
May 05, 2023
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