Year: 2024

China’s consumer prices rise for third month, signalling demand recovery

• Economy

China’s consumer prices rise for third month, signalling demand recovery

Stock Focus Report May 12, 2024

By Joe Cash BEIJING (Reuters) -China’s consumer prices rose for a third straight month in April, while...

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Arm plans to launch AI chips in 2025, Nikkei reports

• Business

Arm plans to launch AI chips in 2025, Nikkei reports

Stock Focus Report May 12, 2024

(Reuters) -SoftBank Group’s Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products...

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Pfizer and AstraZeneca announce new investments of nearly $1 billion in France

• Business

Pfizer and AstraZeneca announce new investments of nearly $1 billion in France

Stock Focus Report May 12, 2024

PARIS (Reuters) – Leading healthcare companies Pfizer and AstraZeneca announced on Sunday new investments in France worth...

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China’s ICBC to kick off TLAC bond sales with issuance of $4.15 billion

• Business

China’s ICBC to kick off TLAC bond sales with issuance of $4.15 billion

Stock Focus Report May 12, 2024

BEIJING (Reuters) – Industrial and Commercial Bank of China said it would issue 30 billion yuan ($4.15...

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Israel in spotlight at Eurovision semi-final as pro-Palestinian protests LOOM

• Top News

Israel in spotlight at Eurovision semi-final as pro-Palestinian protests LOOM

Stock Focus Report May 12, 2024

By Jacob Gronholt-Pedersen MALMO, Sweden (Reuters) –The second semi-final of this year’s Eurovision Song Contest will take...

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Musk’s Starlink satellites disrupted by major solar storm

• Business

Musk’s Starlink satellites disrupted by major solar storm

Stock Focus Report May 11, 2024

By Utkarsh Shetti (Reuters) -Starlink, the satellite arm of Elon Musk’s SpaceX, warned on Saturday of a...

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US Postal Service wants 25% price hike for high-volume package shipping

• Business

US Postal Service wants 25% price hike for high-volume package shipping

Stock Focus Report May 10, 2024

By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service on Friday said it is seeking an...

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Microsoft hit with $242 million US verdict in Cortana patent lawsuit

• Business

Microsoft hit with $242 million US verdict in Cortana patent lawsuit

Stock Focus Report May 10, 2024

By Blake Brittain (Reuters) – Microsoft must pay patent owner IPA Technologies $242 million, a federal jury...

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Fed officials mull whether rates high enough as inflation expectations jump

• Top News

Fed officials mull whether rates high enough as inflation expectations jump

Stock Focus Report May 10, 2024

By Ann Saphir and Howard Schneider NEW ORLEANS (Reuters) -Debate over whether U.S. interest rates are high...

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McDonald’s considering $5 meal deal launch to draw diners, source says

• Business

McDonald’s considering $5 meal deal launch to draw diners, source says

Stock Focus Report May 10, 2024

(Reuters) -McDonald’s U.S. franchises are considering launching a $5 meal deal, a source familiar with the matter...

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