Blackstone CEO Schwarzman to back Trump, Axios reports
(Reuters) – Blackstone CEO Stephen Schwarzman will support Donald Trump as the former president looks to return to the White…
Tesla slashes Model Y production in Shanghai, data shows
SHANGHAI (Reuters) – Tesla has cut output of its best-selling Model Y electric car by a double-digit percentage number at…
Micron hit with $445 million US verdict in Netlist patent trial
By Blake Brittain (Reuters) – Chipmaker Micron Technology owes computer-memory company Netlist $445 million in damages for violating Netlist’s patent…
Implementation of global minimum tax deal is Germany’s priority, Finance Minister says
By Maria Martinez and Christian Kraemer BERLIN (Reuters) – The implementation of the second pillar of the global minimum tax…
Tobacco industry aims to hook new generation on vapes, WHO says
LONDON (Reuters) -Tobacco companies still actively target young people via social media, sports and music festivals and new, flavoured products,…
Israeli forces press Gaza offensive from north and south
By Nidal al-Mughrabi CAIRO (Reuters) -Israeli forces pushed deep into the ruins of Gaza’s northern edge on Monday to recapture…
Morning Bid: Inflation, tariffs dominate market landscape
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Inflation data from the world’s three…
Factbox-Who is Andrei Belousov, Putin’s choice as defence minister?
MOSCOW (Reuters) – Russian President Vladimir Putin has proposed a surprise new defence minister, nominating civilian Andrei Belousov, a former…
Arm plans to launch AI chips in 2025, Nikkei reports
(Reuters) -SoftBank Group’s Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei…
Chinese companies win more bids to explore for Iraq oil and gas
By Moayed Kenany, Adam Makary and Timour Azhari BAGHDAD (Reuters) -Chinese companies won five more bids to explore Iraqi oil…