Today: May 03, 2024
Today: May 03, 2024

Technology

Strained Chinese cities struggle to pay home buying subsidies

By Liangping Gao and Marius Zaharia BEIJING/HONG KONG (Reuters) - Amy Wang was counting on a 100,000 yuan ($13,800) subsidy promised by authorities in the eastern Chinese city of Weifang to fit and

Exclusive-S&P Global weighs options for mobility unit, sources say

By Amy-Jo Crowley and Milana Vinn LONDON/NEW YORK (Reuters) -Financial information company S&P Global is weighing options for its mobility business, including a full sale, three people with knowledge

G7 offers leeway to Germany, Japan in deal to quit coal by 2035

By Francesca Landini TURIN (Reuters) -Energy ministers from the Group of Seven (G7) major democracies agreed on Tuesday to end the use of coal in power generation during the first half of the next

Amazon.com may be feeling pressure to join the dividend club

By Lewis Krauskopf NEW YORK (Reuters) -E-commerce titan Amazon.com may be under increasing pressure to offer investors a dividend, as it now finds itself one of the few massive U.S. technology and

US FTC seeks additional information on Walmart and Vizio's $2.3 billion deal

(Reuters) - The U.S. Federal Trade Commission has asked for more information from Vizio and Walmart regarding their proposed $2.3 billion deal, the smart-TV maker said on Tuesday.

Estonia says Russia violates international rules with GPS interference

By Stine Jacobsen and Anne Kauranen COPENHAGEN (Reuters) -Estonia accused Russia of violating international airspace regulations by interfering with GPS signals and the Baltic nation's foreign

AI fuels cloud computing boom for tech giants

By Yuvraj Malik (Reuters) - Three of the Wall Street's heavyweight technology firms have reported better-than-expected sales at their cloud computing units in recent days, as interest in artificial

Estee Lauder tempers sales view despite US, China recovery

By Ananya Mariam Rajesh (Reuters) -Estee Lauder lowered its annual organic sales estimate on persistent softness in mainland China's prestige beauty space, even as a demand rebound for its pricey

Bird flu testing shows more dairy products are safe, US FDA says

By Julie Steenhuysen and Tom Polansek CHICAGO (Reuters) -Preliminary results of tests on additional dairy products show that pasteurization inactivates the bird flu virus, the U.S.

US senator urges Biden to include safeguards in any nuclear power deal with Saudi Arabia

By Timothy Gardner and Jonathan Landay WASHINGTON (Reuters) -A Democratic U.S. senator on Wednesday urged President Joe Biden to include strict nonproliferation safeguards in any nuclear power deal

Kyiv's forces are up against a concerted Russian push in eastern Ukraine, a military official says

A senior Ukrainian military official says the situation on the front line in eastern Ukraine is worsening but local defenders are so far holding firm against a concerted push by Russia’s bigger and better-equipped forces

Fox News' Bill Hemmer heads north — way north — for look at U.S. military preparedness

Fox News' Bill Hemmer went on a road trip, but it was far from a beach vacation

Captain sentenced to 4 years for criminal negligence in fiery deaths of 34 aboard scuba boat

A federal judge in Los Angeles has sentenced a scuba dive boat captain to four years in prison and three years supervised release for criminal negligence after 34 people died in a fire aboard the vessel in 2019

Texas enters peak season for power output and emissions: Maguire

By Gavin Maguire LITTLETON, Colorado (Reuters) -The four-month window from May through August marks the high point for power generation and demand in the state of Texas, the largest U.S. user of

Amazon CEO Andy Jassy's comments about unions violated federal law, NLRB judge rules

An administrative law judge has ruled that Amazon CEO Andy Jassy violated labor law by making certain anti-union comments during media interviews two years ago

Morning Bid: Fed day focus is on what Jay says

A look at the day ahead in European and global markets from Kevin Buckland The marquee markets event for the week is almost upon us, and needs little introduction: The outlook for U.S. interest rates

Huawei's high-profile consumer CEO Richard Yu shifts role

(Reuters) -China's Huawei Technologies has moved the high-profile chief of its consumer business, Yu Chengdong, to a new role as chair of the unit, two people with knowledge of the matter said.

Crypto washout sends bitcoin below $58,000 ahead of Fed decision

By Amanda Cooper LONDON (Reuters) - Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies

Most Americans see TikTok as a Chinese influence tool, Reuters/Ipsos poll finds

By Jason Lange and David Shepardson WASHINGTON (Reuters) - - A majority of Americans believe that China uses TikTok to shape U.S. public opinion, according to a Reuters/Ipsos poll conducted as

Apple set for big sales decline as investors await AI in iPhones

By Yuvraj Malik (Reuters) -Apple's plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday, when the tech giant is expected to

Embraer counters report of new jet, says no major capex plan

By Abhijith Ganapavaram, Shivansh Tiwary and Tim Hepher (Reuters) -Brazilian planemaker Embraer on Wednesday played down a report that it is studying a new jet to compete directly with Boeing and

Amgen investors await weight-loss drug data

By Deena Beasley (Reuters) -Amgen investors eyeing dramatic share price gains for rivals with successful obesity drugs will be focused on any updates the biotech company may provide on its own weight-

Bombardier reveals NetJets as buyer of 12 Challenger business jets

(Reuters) -Canada's Bombardier said on Wednesday NetJets was the customer for the order of 12 Challenger 3500 business jets announced in December.

Garmin's Q1 results beat on strong demand for fitness, auto products

(Reuters) -Garmin topped Wall Street estimates for first-quarter results on Wednesday as the Swiss navigation device maker benefited from new launches and strong demand for its products in fitness and

UnitedHealth says hackers potentially stole a third of Americans' data

By Ahmed Aboulenein and Zeba Siddiqui WASHINGTON (Reuters) - Hackers who breached UnitedHealth's tech unit in February potentially stole a third of Americans' data, the largest U.S. health insurer's

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