Foxconn sees AI driving strong server demand, but full year to be flat
TAIPEI (Reuters) – Apple Inc supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server…
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China’s factory activity falls faster than expected as recovery stumbles
By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s factory activity shrank faster than expected in May on weakening…
Australia’s central bank reaffirms inflation fight, warns of pain ahead
By Stella Qiu SYDNEY (Reuters) -Australia’s central bank will do whatever it takes to bring inflation under control, its governor…
Deepfaking it: America’s 2024 election collides with AI boom
(Note: Strong language in paragraph 10) By Alexandra Ulmer and Anna Tong (Reuters) – “I actually like Ron DeSantis a…
FedEx reaches tentative deal with pilot union
(Reuters) -FedEx Corp has reached a tentative agreement with pilots of its air delivery unit who had voted in favor…
Australia’s central bank shuns PwC after tax plan leaks
By Lewis Jackson SYDNEY (Reuters) -The Reserve Bank of Australia will not sign any new contracts with PricewaterhouseCoopers (PwC) Australia…
BOJ’s Ueda says era of low global interest rates may be over
By Leika Kihara TOKYO (Reuters) – Global central banks may already be facing a new economic environment where inflation and…
Chinese jet carried out ‘aggressive’ maneuver near US military plane, Pentagon says
WASHINGTON (Reuters) – A Chinese fighter jet carried out an “unnecessarily aggressive” maneuver near a U.S. military plane over the…
Japan April factory output unexpectedly falls on weaker machinery orders
TOKYO (Reuters) -Japan’s factory output unexpectedly fell in April, government data showed on Wednesday, as production machinery orders slowed amid…
Australia inflation accelerates in April, keeps pressure on RBA
By Stella Qiu SYDNEY (Reuters) – Australian consumer prices rose by more than expected in April on a jump in…