US pushing India to seal big armed drone buy for Modi visit – sources
By Mike Stone, Trevor Hunnicutt and Krishn Kaushik WASHINGTON/NEW DELHI (Reuters) – Ahead of Indian Prime Minister Narendra Modi’s state…
Business
Hopes for a Fed pause bolster risk rally
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
With no big customers named, AMD’s AI chip challenge to Nvidia remains uphill fight
By Stephen Nellis and Chavi Mehta (Reuters) -Advanced Micro Devices Inc on Tuesday gave new details about an artificial intelligence…
Macquarie picks up majority stake in Coastal Waste & Recycling
By Chibuike Oguh NEW YORK (Reuters) – The asset management arm of Australian bank Macquarie Group Limited has bought a…
Amazon cloud services back up after big outage hits thousands of users
By Samrhitha A and Chavi Mehta (Reuters) – Amazon.com said cloud services offered by its unit, Amazon Web Services (AWS),…
US stocks end higher as inflation data cements bets on rate hike pause
By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq reached their highest closes in 14…
US consumer price increases slow; underlying inflation sticky
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices barely rose in May and the annual increase in inflation was…
Fewer people trust traditional media, more turn to TikTok for news, report says
By Helen Coster NEW YORK (Reuters) – The number of people globally who initially access news through a website or…
Investment bank may be liable for ex-partner’s $25 million fraud: NY court
By Daniel Wiessner (Reuters) – A Wall Street bank could be held liable for allegedly failing to stop a former…
Buyer of former Starbucks assets in Russia says he paid about $6 million -TASS
(Reuters) – Restaurateur Anton Pinskiy paid around 500 million roubles ($6 million) for assets formerly licensed by Starbucks in Russia,…