Tag: Updated
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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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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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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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US announces new $400 million military aid package for Ukraine, official says
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(Reuters) – The United States is preparing a $400 million military aid package for Ukraine, as the U.S.…
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China’s Zeekr prices US IPO at top of range to raise $441 million
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By Echo Wang and Scott Murdoch NEW YORK (Reuters) -Chinese electric vehicle maker Zeekr Intelligent Technology priced its…
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BP looks to expand EV charging unit in US after Tesla disbands Supercharger team
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(Reuters) -BP’s electric charging unit is keen on expanding in the United States after electric vehicle maker Tesla…
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