Microsoft to buy 4% stake in London Stock Exchange

Microsoft to buy 4% stake in London Stock Exchange

Dec 12 (Reuters) – Microsoft (MSFT.O) is to take a 4% equity stake in London Stock Exchange Group (LSEG.L) as part of a 10-year commercial deal to migrate the exchange operator’s data platform into the cloud, the British company said on Monday. It is the latest sign of deepening ties between financial services providers and … Read more

Foxconn’s woes to take bigger toll on giant China iPhone plant as more workers leave -source

Foxconn’s woes to take bigger toll on giant China iPhone plant as more workers leave -source

Foxconn Zhengzhou plant’s Nov shipments to fall further – source Worker unhappiness at plant escalated into protests this week Over 20,000 workers, mostly new recruits, have left – source TAIPEI, Nov 25 (Reuters) – Foxconn’s (2317.TW) flagship iPhone plant in China is set to see its November shipments further reduced by the latest bout of … Read more

France, Germany, Spain agree on moving on with FCAS warplane development – Berlin

France, Germany, Spain agree on moving on with FCAS warplane development – Berlin

BERLIN/PARIS, Nov 18 (Reuters) – France, Germany and Spain have reached agreement on starting the next phase of development of a new fighter jet dubbed FCAS, Europe’s largest defence project at an estimated cost of more than 100 billion euros($103.4 billion), the German government said on Friday. The Defence Ministry said in a statement that … Read more

Buffett’s Berkshire discloses $4.1 bln TSMC stake

Buffett’s Berkshire discloses $4.1 bln TSMC stake

Nov 14 (Reuters) – Berkshire Hathaway Inc (BRKa.N) said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing (2330.TW), , a rare significant foray into the technology sector by billionaire Warren Buffett’s conglomerate. The news sent shares in TSMC up more than 6% in Taiwan on Tuesday, as it boosted investor sentiment … Read more

Exclusive: Nvidia offers new advanced chip for China that meets U.S. export controls

Exclusive: Nvidia offers new advanced chip for China that meets U.S. export controls

OAKLAND, Calif., Nov 7 (Reuters) – U.S. chip maker Nvidia Corp (NVDA.O) is offering a new advanced chip in China that meets recent export control rules aimed at keeping cutting-edge technology out of China’s hands, the company confirmed on Monday. Nvidia responded to Reuters’ reporting that Chinese computer sellers are advertising products with the new … Read more

Wall Street ends lower as Fed worries outweigh earnings

Wall Street ends lower as Fed worries outweigh earnings

IBM up as it sees higher full-year sales Tesla expects to miss vehicle delivery target this year AT&T raises annual profit forecast Dow down 0.3%, S&P 500 down 0.80%, Nasdaq down 0.61% NEW YORK, Oct 20 (Reuters) – U.S. stocks closed lower on Thursday as data on the labor market and comments from a U.S. … Read more

U.S. to send munitions, military vehicles to Ukraine in latest aid package

U.S. to send munitions, military vehicles to Ukraine in latest aid package

WASHINGTON, Oct 14 (Reuters) – The United States will send munitions and military vehicles to Ukraine as part of a new $725 million security assistance package aimed at bolstering the country’s defense against the Russian invasion, the Defense Department said on Friday. The package is the first since Russia’s barrage of missiles fired on civilian … Read more

U.S. adds China’s YMTC and 30 other firms to ‘unverified’ trade list

U.S. adds China’s YMTC and 30 other firms to ‘unverified’ trade list

WASHINGTON, Oct 7 (Reuters) – The United States on Friday added China’s top memory chipmaker YMTC and 30 other Chinese entities to a list of companies that U.S. officials have been unable to inspect, ratcheting up tensions with Beijing and starting a 60 day-clock that could trigger much tougher penalties. The new listings were the … Read more

Exclusive: Biden to hit China with broader curbs on U.S. chip and tool exports

Exclusive: Biden to hit China with broader curbs on U.S. chip and tool exports

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 11(Reuters) – The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said. The Commerce Department intends to publish new regulations based on restrictions communicated … Read more

Dell ceases all Russian operations after August offices closure

Dell ceases all Russian operations after August offices closure

The Dell logo is seen on an item for sale in a store in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Aug 27 (Reuters) … Read more