By Amanda Cooper LONDON (Reuters) -Global stocks hit record highs on Wednesday, driven by a rally in tech shares that has made AI chipmaker Nvidia the world’s most valuable company, while the do[...]
Read moreJune 19, 2024
Chinese automakers seek retaliatory tariffs on EU cars, state media reports
SHANGHAI/BEIJING/BERLIN (Reuters) -Chinese automakers have urged Beijing to hike tariffs on imported European gasoline-powered cars in retaliation for Brussels’ curbs on exports of Chinese-made[...]
Read moreDell, Super Micro providing server racks for xAI’s supercomputer
(Reuters) -Dell Technologies and Super Micro Computer will provide server racks for the supercomputer that Elon Musk’s artificial intelligence startup xAI is building, the U.S. businessman said[...]
Read moreDollar struggles for direction, euro close to 1-1/2-month low
By Stefano Rebaudo (Reuters) -The dollar struggled for direction on Wednesday while the euro remained close to its recent lows on concerns that a new government in France could weaken fiscal disciplin[...]
Read moreUS wants Netherlands, Japan to further restrict chipmaking equipment to China
By Karen Freifeld and Toby Sterling (Reuters) -A U.S. official was heading to Japan after meeting with the Dutch government to urge the allies to further restrict China’s ability to produce cutt[...]
Read moreApple suspends work on next high-end headset, to focus on cheaper model, the Information reports
(Reuters) – Apple has suspended work on its next high-end Vision headset, the Information reported on Tuesday, citing an employee at a manufacturer that makes key components for the Vision Pro.[...]
Read moreEV startup Fisker’s U.S. units file for bankruptcy
(Reuters) – Electric vehicle startup Fisker, which sought Chapter 11 protection earlier this week, said its U.S. units had also filed for bankruptcy in a court in Delaware on Wednesday. Fisker I[...]
Read moreAlong Peru’s mining corridor, Big Copper faces a snarl of trucks
By Marco Aquino LIMA (Reuters) – Surging copper prices this year have brought startling growth in the number of trucks carrying copper from illegal mines in Peru, jamming roads, causing accident[...]
Read moreAnalysis-US FDIC chair nominee likely has the votes but confirmation process could drag
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) – Christy Goldsmith Romero will likely win enough votes to be confirmed as U.S. Federal Deposit Insurance Corporation chair but Republic[...]
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