(Reuters) – Taiwan Semiconductor Manufacturing Co, the world’s biggest contract chipmaker, said on Wednesday it has suspended work at its…
Biden, Xi call navigates Philippines and Taiwan tensions
By Nandita Bose, David Lawder and Michael Martina WASHINGTON (Reuters) -U.S. President Joe Biden sought to manage tensions over the…
Alibaba makes second biggest ever quarterly share repurchase worth $4.8 billion
(Corrects headline and text to say buyback is second biggest, not the biggest) (Reuters) – Chinese e-commerce giant Alibaba Group…
Payroll processor Paychex misses revenue estimates on weak client spending
(Reuters) – Paychex missed Wall Street estimates for third-quarter revenue on Tuesday, hurt by sluggish client spending on its human…
BYD hands back top EV seller title to Tesla after Q1 sales decline
BEIJING (Reuters) -BYD, China’s biggest electric vehicle (EV) maker, reported first quarter 2024 sales fell 43% compared to the fourth…
Gold rallies, stocks ease as rate cut optimism fades
By Herbert Lash and Kevin Buckland NEW YORK/TOKYO (Reuters) – Gold prices hit fresh all-time peaks on Monday with stocks…
AT&T says leaked data set impacts about 73 million current, former account holders
(Reuters) -Telecom company AT&T said on Saturday that it is investigating a data set released on the “dark web” about…
US pump prices set to climb on Russian refinery outages
By Shariq Khan and Laura Sanicola (Reuters) – Gasoline prices for U.S. motorists could jump by as much as 15…
OpenAI removes Sam Altman’s ownership of its Startup Fund
By Krystal Hu (Reuters) – OpenAI has changed the governance structure of its venture capital fund that backs AI startups,…
China’s forecast-beating economic data buys officials time to figure out fix
By Joe Cash BEIJING (Reuters) – China’s $18.6 trillion economy has skirted some near-term downside risks as suggested by recent…