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…
Headlines
Credit Squeeze ‘biggest Threat’ To Economic Outlook – Asset Managers
By Nell Mackenzie PARIS (Reuters) – The biggest threat to the economic outlook is a credit squeeze that has not…
Oilfield Firm Baker Hughes Beats Profit Estimate
By Liz Hampton and Arunima Kumar (Reuters) -Oilfield firm Baker Hughes Co beat first-quarter profit estimates on Wednesday, as stronger…
TSMC Seeks Up To $15 Billion From US But Objects To Certain Conditions- WSJ
(Reuters) -Taiwan Semiconductor Manufacturing Co Ltd is pushing back on some of the conditions the United States has attached to…
Shanghai Auto Show Crowds Flock To BYD’s Seagull
By Casey Hall SHANGHAI (Reuters) – At the Shanghai auto show this week, the largest crowds can be found around…
Stocks Ease, Dollar Perks Up As Focus Returns To Fed And Inflation
By Amanda Cooper and Tom Westbrook LONDON/SINGAPORE (Reuters) – Global stocks eased on Wednesday, while the dollar pulled further above…
Heineken Sees Europe Resilience Offseting Asia Slowdown Risk
By Philip Blenkinsop BRUSSELS (Reuters) -Heineken maintained its forecast for 2023 profit growth with the risk of slower economic expansion…
Oil Dips As Potential Fed Rate Hike Overshadows Falling Stocks
By Laila Kearney and Muyu Xu (Reuters) -Oil dropped on Wednesday as the market weighed potential interest rate hikes from…
Analysis: China’s ‘atypical’ Deflation Cycle Gives Central Bank A Headache
By Kevin Yao BEIJING (Reuters) – China’s central bank has plenty of reasons to loosen policy as deflationary pressures in…
Indian Taxi Startup BluSmart Picks EV Fight With Uber
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – Indian ride-hailing startup BluSmart is seeking to challenge Uber and…