By Anton Bridge TOKYO (Reuters) – Nomura Holdings, Japan’s largest brokerage and investment bank, reported a 195% jump in first-quarter profit on Tuesday as the rally in global markets and[...]
Read more
July 30, 2024
Apple used Google’s chips to train two AI models, research paper shows
By Max A. Cherney SAN FRANCISCO (Reuters) -Apple relied on chips designed by Google rather than industry leader Nvidia to build two key components of its artificial intelligence software infrastructur[...]
Read more
Dialysis firm FMC cuts outlook for US treatment volumes, shares fall
(Reuters) -World’s largest dialysis specialist Fresenius Medical Care cut the outlook for volumes in its key U.S. market on Tuesday after revenue from treatments there fell in the second quarter[...]
Read more
Air New Zealand drops 2030 carbon target, cites plane delivery delays
(Reuters) -Air New Zealand abandoned on Tuesday a 2030 emissions reduction target, citing delivery delays of fuel-efficient aircraft and high green fuel prices, in a move signalling the difficulty avi[...]
Read more
Ad group WPP names former BT boss Philip Jansen as new chair
(Reuters) – WPP named former BT chief Philip Jansen as its new chair on Tuesday, succeeding Roberto Quarta at the world’s largest advertising company. Jansen will join WPP’s board in[...]
Read more
Investors stick to bets on Japan banks amid rate hike hopes
By Summer Zhen HONG KONG (Reuters) – Japanese banks have attracted larger foreign investment flows than other sectors, as investors see them as top beneficiaries of potential monetary tightening[...]
Read more
Australian corporate profits’ decline to accelerate this year, says UBS
(Reuters) – Australian companies will likely post a steeper drop in profit this year than they did last year, as they struggle to match the ‘abnormally high’ earnings since the COVID[...]
Read more
Exclusive-SpaceX in talks to land and recover Starship rocket off Australia’s coast
By Joey Roulette WASHINGTON (Reuters) – SpaceX is in talks with U.S. and Australian officials to land and recover one of its Starship rockets off Australia’s coast, a possible first step t[...]
Read more
BOJ to debate rate hike timing as Fed opens door to cuts
By Leika Kihara TOKYO (Reuters) -The Bank of Japan will detail plans to taper its huge bond buying and debate the timing of a next interest rate hike on Wednesday, signalling its resolve to steadily u[...]
Read more