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EU starts early-stage probe into Nvidia-dominated AI chip market’s abuses – Bloomberg News
(Reuters) -The European Union is examining alleged anticompetitive abuses in chips used for artificial intelligence, a market which Nvidia dominates, Bloomberg News reported on Friday, citing people f...
Syndicated Content Sep 29, 2023
Retail investors flock to bond ETFs in third quarter as prices slide
By Bansari Mayur Kamdar (Reuters) - Investors continued piling into exchange-traded funds (ETFs) that track U.S. government debt in the third quarter, with retail investor flows hitting their highest ...
Syndicated Content Sep 29, 2023
Citigroup has ‘no room for bystanders’ in reorganization, CEO says
By Tatiana Bautzer NEW YORK (Reuters) - Citigroup CEO Jane Fraser said on Friday that top employees were on board with the company's sweeping reorganization, and that there was "no room for bystanders...
Syndicated Content Sep 29, 2023
Supervisors at Chile’s Escondida mine preparing to strike, union says
SANTIAGO (Reuters) - The union of supervisors at Chile's Escondida mine is gearing up to strike at the world's largest copper deposit and is almost certain to reject a contract offer from mine owner B...
Syndicated Content Sep 29, 2023
More than a quarter of US Senate calls on Russia to release US reporter
WASHINGTON (Reuters) - The Democratic and Republican leaders of the U.S. Senate Foreign Relations Committee announced a resolution on Friday calling for the immediate release of Wall Street Journal re...
Syndicated Content Sep 29, 2023
US dollar share of global FX reserves stays flat in Q2 -IMF
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The U.S. dollar's share of global currency reserves reported to the International Monetary Fund was 58.9% in the second quarter, unchanged from that of...
Syndicated Content Sep 29, 2023
United Airlines’ pilots accept new labor contract
(Reuters) - United Airlines' pilots have ratified a new four-year contract that includes a significant pay increase and other benefits, the union representing the pilots said on Friday. A committee re...
Syndicated Content Sep 29, 2023
Exclusive-Carlyle in exclusive talks for $7 billion-plus Medtronic units deal-sources
By David Carnevali NEW YORK (Reuters) - Private equity firm Carlyle Group Inc has entered into exclusive negotiations to acquire a majority stake in two medical device businesses of Medtronic Plc at a...
Syndicated Content Sep 29, 2023
Dips in core and “supercore” inflation could bolster a Fed hold
By Howard Schneider WASHINGTON (Reuters) - A measure of inflation closely watched by the Federal Reserve has now averaged near the central bank's 2% target for the last three months, another step forw...
Syndicated Content Sep 29, 2023
New York subways disrupted as more heavy rain triggers flooding
By Jonathan Allen and Brendan O'Brien NEW YORK (Reuters) -Torrential downpours after a week of mostly steady rainfall triggered flash flooding in New York City on Friday, disrupting subway service in ...
Syndicated Content Sep 29, 2023
Peoria, IL, USA
45 °F Overcast
