Nippon Steel still in talks with Teck as it seeks stake in coal asset
By Yuka Obayashi and Mayu Sakoda TOKYO (Reuters) -Nippon Steel Corp is still in talks with Teck Resources, despite Glencore’s…
Business
Chip giant Nvidia nears trillion-dollar status on AI bet
By Aditya Soni (Reuters) -Nvidia Corp surged 24% on Thursday in one of the largest one-day gains in value for…
Australia retail sales flat in April as consumers cut back on food, dining out
By Stella Qiu SYDNEY (Reuters) -Australian retail sales were flat in April as consumers, who face high living costs and…
Low growth, high inflation are top risks for India, say economists: Reuters poll
By Vivek Mishra and Shaloo Shrivastava BENGALURU (Reuters) – India’s economy will grow about 6% this fiscal year with a…
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…
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…
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…
Fitch puts Fannie Mae, Freddie Mac on negative watch as US debt deadline looms
(Reuters) – Fitch has placed the ratings of U.S. mortgage finance giants Fannie Mae and Freddie Mac on watch for…