© Reuters. FILE PHOTO: H100, Nvidia’s latest GPU optimized to handle large artificial intelligence models used to create text, computer code, images, video or audio is seen in this photo.” Santa Clara, CA U.S.,September 2022. NVIDIA/Handout via REUTERS By Stephen Nellis and Jane Lanhee Lee SAN FRANCISCO (Reuters) -Nvidia Corp, the U.S. semiconductor designer that...
Category: Markets News
Ex-UK PM Boris Johnson fights for career in testimony on lockdown parties By Reuters
© Reuters. Former British Prime Minister Boris Johnson leaves his home, in London, Britain March 21, 2023. REUTERS/Peter Nicholls/File Photo LONDON (Reuters) – Britain’s former Prime Minister Boris Johnson will face hours of hostile questioning on Wednesday about whether he misled parliament over rule-breaking COVID-19 lockdown parties at a hearing where he will be fighting...
China capital Beijing experiences first population decline since 2003 By Reuters
© Reuters. FILE PHOTO: A mother walks with her twin daughters on a street in Shanghai, China June 7, 2021. REUTERS/Aly Song BEIJING (Reuters) – The death rate in China’s capital Beijing surpassed its birth rate in 2022, official data showed on Tuesday, pushing its natural population growth into negative territory for the first time...
Oil rises 2% in retreat from 15-mth low as banking fears subside By Reuters
© Reuters. FILE PHOTO: A view shows the Yan Dun Jiao 1 bulk carrier in the Vostochny container port in the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel By Arathy Somasekhar HOUSTON (Reuters) – Oil prices rose more than 2% on Tuesday, extending a retreat from...
US declines to force lower price on cancer drug Xtandi By Reuters
© Reuters. FILE PHOTO: Pfizer company logo is seen at a Pfizer office in Puurs, Belgium, December 2, 2022. REUTERS/Johanna Geron WASHINGTON (Reuters) – The U.S. government will not force Pfizer Inc (NYSE:) and Astellas Pharma Inc to lower the price of their prostate cancer drug Xtandi using its emergency “march-in” authority, the National Institutes...
Ukraine war: Russia tightens ties with China as West offers $16 billion lifeline to Kyiv By Reuters
6/6 © Reuters. Russian President Vladimir Putin and Chinese President Xi Jinping leave after a reception in honor of the Chinese leader’s visit to Moscow, at the Kremlin in Moscow, Russia March 21, 2023. Sputnik/Pavel Byrkin/Kremlin via REUTERS 2/6 (Reuters) – Xi Jinping and Vladimir Putin cemented friendship between China and Russia and jointly criticised...
US trade commission sides with iRobot, bans SharkNinja robot vacuum imports By Reuters
© Reuters. FILE PHOTO: Signage is seen outside of the U.S. International Trade Commission in Washington, D.C., U.S., August 31, 2020. REUTERS/Andrew Kelly By Blake Brittain (Reuters) -The U.S. International Trade Commission said on Tuesday it would ban imports of SharkNinja Operating LLC robot vacuums that infringe a patent owned by Roomba maker iRobot (NASDAQ:)...
First Republic may rely on US backing to facilitate deal – Bloomberg News By Reuters
© Reuters. FILE PHOTO: People are seen inside the First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. REUTERS/Mike Segar (Reuters) – Wall Street CEOs and U.S. officials discussing a deal for First Republic Bank (NYSE:) are exploring the possibility of government backing to encourage potential buyers,...
US officials talked about raising deposit insurance without Congress -sources By Reuters
© Reuters. By Pete Schroeder and Andrea Shalal WASHINGTON (Reuters) – Government officials discussed the idea of increasing deposit insurance without obtaining approval from Congress as they brainstormed various approaches to solving the turmoil in banking, two sources familiar with the talks said on Tuesday. The idea, potentially to use the Treasury Department’s Exchange Stabilization...
Marketmind: Hoping Powell sheds light in fog of uncertainty By Reuters
© Reuters. FILE PHOTO: Federal Reserve Chair Jerome H. Powell testifies before a U.S. Senate Banking, Housing, and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, U.S., March 7, 2023. REUTERS/ By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets...