Super Micro surges as sales projection fuels AI rally
(Reuters) – Super Micro Computer’s stock jumped almost 10% to a record high in extended trade on Monday, extending its…
January 2024
Albemarle lays off 4% of its global workforce -The Information
(Reuters) -Albemarle, the world’s largest lithium producer, has laid off more than 300 employees, or 4% of its workforce, as…
S&P could cut Israel’s credit rating if conflict expands beyond Gaza – director says
By Steven Scheer JERUSALEM (Reuters) -Israel’s sovereign credit rating could be cut if the war with Palestinian Islamist group Hamas…
Holcim eyes $30 billion valuation with N.American business listing, picks new CEO
By John Revill ZURICH (Reuters) -Switzerland’s Holcim will spin off 100% of its North American operations in a New York…
Slower wage growth needed for euro zone rate cuts, ECB’s Knot says
AMSTERDAM (Reuters) – The European Central Bank (ECB) will need to see proof of slowing wage growth in the euro…
US to announce billions in subsidies for advanced chips -WSJ
(Reuters) -President Joe Biden’s administration is expected to award billions of dollars in subsidies in coming weeks to top semiconductor…
Vulcan rocket’s debut brings long-awaited challenge to SpaceX dominance
By Joey Roulette WASHINGTON (Reuters) – (This Jan. 10 story has been corrected to clarify the payload capacities of SpaceX’s…
Exclusive-Morgan Stanley plans to double private credit portfolio to $50 billion
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Morgan Stanley’s asset management division aims to double its private…
Biden warns against rise of antisemitism, efforts to downplay Hamas attacks
By Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden on Friday marked International Holocaust Remembrance Day, warning against what…
Boeing’s MAX production issues ripple across aerospace industry
By Rajesh Kumar Singh, Abhijith Ganapavaram and David Shepardson (Reuters) -Boeing’s troubles with its 737 MAX jets are upending the…