Sanctioned China stocks win sudden boost from patriotic buyers
By Samuel Shen and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – The trademark Chinese patriotism is back at play in markets. As…
Technology
Column-Sterling caught between rate spike and gilt rupture: Mike Dolan
By Mike Dolan LONDON (Reuters) – Britain’s interest rate horizon skyrocketed this week on another alarming inflation reading that some…
Latitude Group flags sharp drop in earnings due to cyberattack, shares fall
By Navya Mittal and Himanshi Akhand (Reuters) -Australia’s Latitude Group on Friday forecast a steep fall in fiscal 2023 earnings…
Baidu will ‘very soon’ officially launch generative AI model, says CEO
BEIJING (Reuters) – Chinese search engine giant Baidu’s CEO Robin Li said on Friday that the company will “very soon”…
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…
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…
U.S., Chinese commerce chiefs raise complaints on trade, investment, export policies
By David Lawder and Liz Lee DETROIT/BEIJING (Reuters) -U.S. Commerce Secretary Gina Raimondo and Chinese Commerce Minister Wang Wentao traded…
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…
Ford strikes deal with Tesla to gain access to rival charging stations starting 2024
By Hyunjoo Jin, David Shepardson and Abhirup Roy (Reuters) -Ford Motor Co said on Thursday it has agreed with Tesla…
US trade chief seeks new thinking on global challenges as APEC ministers meet
By David Lawder DETROIT (Reuters) – U.S. Trade Representative Katherine Tai on Thursday called on Asia Pacific Economic Cooperation (APEC)…