GlobalFoundries sues IBM, says trade secrets were unlawfully given to Japan’s Rapidus
By Jane Lanhee Lee OAKLAND, California, (Reuters) -Chip manufacturer GlobalFoundries Inc said on Wednesday it had filed a lawsuit against…
Business
Analysis-Seaplanes and tech gods: Spain’s drive to dish out $84 billion of EU cash
By Belén Carreño and Charlie Devereux MADRID (Reuters) – A request for seaplanes needed to fight forest fires is red-flagged…
Japan March export growth slows, annual trade deficit widens to record
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s export growth slowed in March, dragged down by a drop in China-bound shipments of…
Google to use generative AI in its ad business – FT
(Reuters) -Alphabet Inc’s Google plans to introduce generative artificial intelligence into its advertising business over the coming months to create…
Ad group Publicis sales jump as data-driven businesses strengthen
By Diana Mandia (Reuters) – French ad group Publicis’ revenues beat forecasts in the first quarter, driven by its digital…
Analysis-Crisis radar falls on fault lines in Europe’s commercial property
By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – European banks appear better positioned than U.S. peers to weather any…
BOJ keeps upbeat economic view on seven of Japan’s nine regions
By Leika Kihara TOKYO (Reuters) – The Bank of Japan maintained its upbeat economic assessment for most regions on Thursday,…
China funds flock to Hong Kong to sate mainland investors
By Summer Zhen HONG KONG (Reuters) – Large China-based fund managers are setting up shop in Hong Kong for the…
Marketmind: Cautious markets focus on central banks’ diverging paths
A look at the day ahead in European and global markets from Ankur Banerjee Investors have hunkered down in Asian…
Exclusive-In Rakuten Bank’s downsized IPO, investors pushed for details on troubled parent, sources say
By Miho Uranaka TOKYO (Reuters) – Japan’s Rakuten Bank Ltd amended the filing of its $625 million initial public offering…