TAIPEI (Reuters) – Intel should have focused on artificial intelligence rather than trying to become a contract chipmaker, the founder…
‘Bond vigilante’ PIMCO trims long-term US sovereign debt holdings
By Davide Barbuscia NEW YORK (Reuters) – PIMCO said on Monday it plans to diversify its government bond exposure by…
Shareholders approve breakup of Bollore’s Vivendi media conglomerate
By Gianluca Lo Nostro, Leo Marchandon and Florence Loeve (Reuters) -Shareholders of French media conglomerate Vivendi approved on Monday the…
Google says it has cracked a quantum computing challenge with new chip
By Stephen Nellis SANTA BARBARA, California (Reuters) – Google on Monday said that it has overcome a key challenge in…
US average gasoline price drops below $3 a gallon for the first time since 2021
By Shariq Khan and Nicole Jao NEW YORK (Reuters) – Average U.S. gasoline prices fell below $3 a gallon for…
Volkswagen plant closures ‘not the right way’, Germany’s Scholz says
FRANKFURT (Reuters) – Factory shutdowns would be a wrong move by Volkswagen, German Chancellor Olaf Scholz said, adding that Europe’s…
EV maker VinFast to build second production plant in Vietnam
HANOI (Reuters) – Vietnamese electric vehicle (EV) manufacturer VinFast on Sunday announced a plan to build its second domestic production…
Ant Group’s President Han to become CEO in March; Jing to stay as chairman
By Kanjyik Ghosh (Reuters) -The president and financial chief of China’s Ant Group, Cyril Han, will take over from Eric…
Super Micro Computer gets extension to file delayed annual report
(Reuters) – Super Micro Computer said on Friday it has received an extension from the Nasdaq till Feb. 25 to…
US judge won’t revive rule capping credit card late fees at $8
By Nate Raymond (Reuters) -A federal judge in Texas rejected on Friday a request by the Consumer Financial Protection Bureau…