China starts second day of war games around Taiwan to test ability to ‘seize power’

By Bernard Orr and Ben Blanchard BEIJING/TAIPEI (Reuters) -China’s military started its second day of war games around Taiwan on Friday, with drills to test their ability to “seize power” and control key areas, exercises it has said were launched to punish Taiwan’s President Lai Ching-te. The two days of drills in the Taiwan Strait…

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Micron hit with $445 million US verdict in Netlist patent trial

By Blake Brittain (Reuters) – Chipmaker Micron Technology owes computer-memory company Netlist $445 million in damages for violating Netlist’s patent rights in memory-module technology for high-performance computing, a U.S. jury said on Thursday. Jurors in the U.S. District Court for the Eastern District of Texas agreed with Netlist that Micron’s semiconductor-memory products infringe two Netlist…

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Implementation of global minimum tax deal is Germany’s priority, Finance Minister says

By Maria Martinez and Christian Kraemer BERLIN (Reuters) – The implementation of the second pillar of the global minimum tax deal is Germany’s priority and further ideas should not be discussed until there is an agreement on the first pillar, German Finance Minister Christian Lindner said on Friday. “In the second pillar we already have…

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Medtronic beats fourth-quarter estimates on strength in medical devices

(Reuters) -Health tech firm Medtronic beat Wall Street estimates for quarterly profit and revenue on Thursday, as a pickup in surgical volumes at hospitals lifted demand for its medical devices. Investor expectations around the financial performance of medical devices makers have grown lately, owing to a resurgence in demand as people, especially older adults, opted…

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Tobacco industry aims to hook new generation on vapes, WHO says

LONDON (Reuters) -Tobacco companies still actively target young people via social media, sports and music festivals and new, flavoured products, the World Health Organization (WHO) said on Thursday, accusing companies of trying to hook a new generation on nicotine. Amid ever-stricter regulation targeting cigarettes, big tobacco companies and new entrants have begun offering smoking alternatives…

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