Semiconductor index surges with Nvidia leading race to AI ‘gold rush’
By Sinéad Carew and Stephen Nellis NEW YORK/SAN FRANCISCO (Reuters) – The Philadelphia semiconductor index hit its highest level in…
May 2023
U.S., Chinese commerce chiefs raise complaints on trade, investment, export policies
By David Lawder and Liz Lee DETROIT/BEIJING (Reuters) -U.S. Commerce Secretary Gina Raimondo and Chinese Commerce Minister Wang Wentao traded…
New York City commission votes to halt deposits at Capital One
NEW YORK (Reuters) – The New York City Banking Commission voted to halt deposits into the city’s bank accounts at…
JPMorgan notifies some First Republic employees of job losses -source
By Nupur Anand (Reuters) -JPMorgan Chase & Co has notified nearly 1,000 First Republic Bank employees that they will no…
Impossible Foods accused of misusing private investigators in meat-substitute patent fight
By Blake Brittain (Reuters) – Motif Foodworks told a Delaware federal court that plant-based meat rival Impossible Foods improperly hired…
Oil Steady As Markets Await Clarity On OPEC’s Next Policy Move
By Arathy Somasekhar (Reuters) – Oil prices were roughly unchanged in early trading on Friday, as markets awaited clarity on…
DeSantis to stump in early voting states after rocky presidential launch
By James Oliphant and Doina Chiacu WASHINGTON (Reuters) -Florida Governor Ron DeSantis’ fledgling presidential campaign was looking to push forward…
BOJ’s Ueda says targeting shorter-duration bond yield among future options
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said changing the central bank’s policy target to the…
Putin ally says Ukraine war could last for decades – RIA agency
(Reuters) – A top ally of Russian President Vladimir Putin said the Ukraine war could last for decades, with long…
US raises concerns with China about actions against US companies
(Reuters) – U.S. Commerce Secretary Gina Raimondo raised concerns about Chinese actions against U.S. firms operating in China with Chinese…