NEW YORK (Reuters) – U.S. job growth accelerated in November and the unemployment rate dropped to 3.7% even as more people entered the labor force, pointing to underlying strength in the labor m[...]
Read moreDecember 8, 2023
Nvidia to partner Malaysia’s YTL Power in $4.3 billion AI development project
By Rozanna Latiff and Fanny Potkin KUALA LUMPUR -Malaysian conglomerate YTL’s utilities unit will partner with U.S technology giant Nvidia to develop artificial intelligence (AI) infrastructure[...]
Read moreFTC seeks more information on $53 billion Chevron-Hess deal
(Reuters) – The U.S. Federal Trade Commission has sent a second request to Chevron and Hess, for additional information and documentary materials related to their $53 billion deal, the companies[...]
Read moreAxel Springer to close Upday in shift towards AI-based news
BERLIN (Reuters) – Axel Springer is shutting down the news outlet Upday, the German publishing giant said on Friday, in plans to revive the brand as a “trend news generator” driven b[...]
Read moreThyssenkrupp workers warn against confrontational management approach
DUESSELDORF (Reuters) – Thyssenkrupp must not divest its steel and marine units against the will of workers, the group’s labour leaders said on Friday, criticising the conglomerate’s[...]
Read moreUS equity funds see outflows as investors eye economic data
(Reuters) – U.S. equity funds witnessed outflows for a second straight week in the seven days to Dec. 6 on some investor caution ahead of economic data which could provide more insights about th[...]
Read moreMarketmind: Markets freeze for jobless recession gauge
A look at the day ahead in U.S. and global markets from Mike Dolan With investors trying to read recessionary warnings from softening U.S. labor market signals all week, the outsize importance of the[...]
Read moreUnited States’ Nvidia set to discuss chip deals in Vietnam next week
By Phuong Nguyen HANOI (Reuters) – U.S. chip giant Nvidia will discuss cooperation deals on semiconductors with Vietnamese tech companies and authorities in a meeting on Monday in Hanoi, an invi[...]
Read moreDanske Bank ups profit view; sees ‘negligible’ Q4 impairments
COPENHAGEN (Reuters) – Danske Bank on Friday raised its full-year net profit forecast due to more favourable macroeconomic conditions and “negligible” impairments in the fourth quart[...]
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