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…
South Korea prepares support package worth over $7 billion for chip industry
SEOUL (Reuters) – South Korea is readying plans for a support package for chip investments and research worth more than…
Billionaire investor Ken Griffin calls on Harvard to embrace ‘Western values’
(Reuters) -Billionaire investor Kenneth Griffin called on his alma mater Harvard University on Saturday to embrace “Western values”, saying that…
Microsoft hit with $242 million US verdict in Cortana patent lawsuit
By Blake Brittain (Reuters) – Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said…
Roughly 1 in 8 US adults have taken GLP-1 drugs like Wegovy, poll shows
(Reuters) – About one in eight adults have taken a drug belonging to the GLP-1 class of medications for weight…
After layoffs, Musk says Tesla to spend $500 million on charging network
(Reuters) -Tesla will spend more than $500 million this year to expand its fast-charging network, CEO Elon Musk said on…
US announces new $400 million military aid package for Ukraine, official says
(Reuters) – The United States is preparing a $400 million military aid package for Ukraine, as the U.S. returns to…