By Sinéad Carew and Stephen Nellis NEW YORK/SAN FRANCISCO (Reuters) – The Philadelphia semiconductor index hit its highest level in more than a year on Thursday and eyed its biggest one-day percentage gain in six months with artificial intelligence (AI) taking center stage after Nvidia Corp wowed investors with financial targets that blew past analyst…
MADRID (Reuters) – A 74-year-old Spanish man accused of sending a series of letter bombs in late 2022 will be bailed under supervision on Friday, after a high court judge concluded there was no risk that he would re-offend. Pompeyo Gonzalez Pascual, who faces terrorism charges for allegedly sending primed letters to six institutions including…
By Tom Hals WILMINGTON, Del (Reuters) – Twitter Inc has a strong legal case against Elon Musk walking away from his $44 billion deal to acquire the U.S. social media company but could opt for a renegotiation or settlement instead of a long court fight, according to legal experts. Delaware courts, where the dispute between…
(Reuters) – The $250,000-a-head expedition that vanished this week en route to the deep-sea wreck of the Titanic ocean liner is just one example of extreme tourism that is becoming more commonplace for those who can afford it. From Earth’s tallest peaks to suborbital space, here are some of the other exploits that can be…
By Tim Reid and Nathan Layne (Reuters) – Amid the headline-grabbing insults and name-calling, Donald Trump is pursuing a surprisingly policy-heavy strategy to damage his closest Republican rival Ron DeSantis before he enters the presidential race, according to a Reuters analysis of the former president’s statements since he announced his White House bid. Forty…
By Oliver Hirt, John O’Donnell and Noele Illien ZURICH/FRANKFURT (Reuters) – Credit Suisse is racing to firm up sales of part of its business that could limit the cash it needs from investors, a person with direct knowledge of the matter said, with just days to go before the bank unveils an overhaul. The embattled…
ROME (Reuters) – The European Commission will forecast Germany’s economic growth this year at 0.2%, while projecting a 1.2% rate for Italy, Italian daily La Stampa reported on Monday, citing Brussels-based sources. The Commission will issue its spring forecasts at 0900 GMT on Monday. The 0.2% rise in gross domestic product forecast for Germany would…
By Makiko Yamazaki (Reuters) -A Toshiba Corp independent director broke ranks with the company board’s public stance on Thursday, saying he would back a resolution at next week’s extraordinary shareholder meeting that could pave the way for a potential buyout deal. The comments from American Raymond Zage, a former Goldman Sachs banker and hedge fund…
(Reuters) -Bed Bath & Beyond is in talks to sell its Buybuy Baby chain to retail investment firm Go Global Retail, the Wall Street Journal reported on Monday citing people familiar with the matter. The once high-flying home goods chain, which filed for bankruptcy in April, is also fielding interest from online retailer Overstock.com for…
By Hyunjoo Jin and Nivedita Balu (Reuters) -Tesla Inc on Sunday reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages as it ramped up China production. It was the sixth consecutive quarter that the world’s most valuable automaker posted record deliveries. Tesla, led by billionaire CEO Elon Musk, delivered…
