Author: Reuters
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China’s consumer prices rise for third month, signalling demand recovery
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By Joe Cash BEIJING (Reuters) -China’s consumer prices rose for a third straight month in April, while producer…
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Arm plans to launch AI chips in 2025, Nikkei reports
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(Reuters) -SoftBank Group’s Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in…
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Pfizer and AstraZeneca announce new investments of nearly $1 billion in France
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PARIS (Reuters) – Leading healthcare companies Pfizer and AstraZeneca announced on Sunday new investments in France worth a…
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China’s ICBC to kick off TLAC bond sales with issuance of $4.15 billion
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BEIJING (Reuters) – Industrial and Commercial Bank of China said it would issue 30 billion yuan ($4.15 billion)…
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Musk’s Starlink satellites disrupted by major solar storm
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By Utkarsh Shetti (Reuters) -Starlink, the satellite arm of Elon Musk’s SpaceX, warned on Saturday of a “degraded…
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US Postal Service wants 25% price hike for high-volume package shipping
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By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service on Friday said it is seeking an average…
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Microsoft hit with $242 million US verdict in Cortana patent lawsuit
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By Blake Brittain (Reuters) – Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in…
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Fed officials mull whether rates high enough as inflation expectations jump
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By Ann Saphir and Howard Schneider NEW ORLEANS (Reuters) -Debate over whether U.S. interest rates are high enough…
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McDonald’s considering $5 meal deal launch to draw diners, source says
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(Reuters) -McDonald’s U.S. franchises are considering launching a $5 meal deal, a source familiar with the matter said…
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After layoffs, Musk says Tesla to spend $500 million on charging network
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(Reuters) -Tesla will spend more than $500 million this year to expand its fast-charging network, CEO Elon Musk…
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