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Reuters exclusively reported that Chinese military bodies, state-run artificial intelligence research institutes and universities have over the past year purchased small batches of Nvidia (NVDA.O), opens new tab semiconductors banned by the U.S. from export to China.  The post China’s military and government acquire Nvidia chips despite US ban appeared first on Reuters News Agency.

Reuters exclusively reported that Japanese stocks have made a blazing start to 2024, surging to three-decade highs as a weaker yen and expectations of interest rates staying low have re-ignited the strongest rally for years.  The post Sparkling start puts spotlight on Nikkei in 2024 appeared first on Reuters News Agency.

Reuters was first to report that Communications intercepts collected by the United States confirmed that Islamic State’s (ISIS) Afghanistan-based branch carried out twin bombings in Iran that killed nearly 100 people.  The post US intelligence confirms Islamic State’s Afghanistan branch behind Iran blasts  appeared first on Reuters News Agency.

Reuters exclusively reported that Tesla (TSLA.O) will suspend most car production at its factory near Berlin from Jan. 29 to Feb. 11, the company said late on Thursday, citing a lack of components owing to shifts in transport routes because of attacks on vessels in the Red Sea. It is the first company to disclose […]

Reuters was first to report India’s antitrust body is investigating domestic units of global delivery companies, such as Germany’s DHL, U.S.-based United Parcel Service (UPS.N) and FedEx (FDX.N), for alleged collusion on discounts and tariffs. The post India probes DHL, FedEx, UPS for alleged antitrust practices, price collusion  appeared first on Reuters News Agency.

Reuters exclusively reported that Beijing has informally asked some money managers in China to prioritise the launch of equity funds over other products like bond funds, as authorities scramble to revive its lagging stock market.  The post China pushes equity fund launches to support stock market appeared first on Reuters News Agency.

Reuters exclusively reported that Canadian miner First Quantum has entered into talks with its biggest shareholder China’s Jiangxi Copper about selling a stake in its Zambian mines. Citing a source familiar with the discussion, the story revealed that First Quantum is seeking to bolster the company’s finances after the Panama government ordered it to shutter […]

Reuters exclusively reported that Iraq wants a quick and orderly negotiated exit of U.S-led military forces from its soil but has not set a deadline, Prime Minister Mohammed Shia al-Sudani said, describing their presence as destabilising amid regional spillover from the Gaza war.  The post Iraq seeks quick exit of US forces but no deadline […]

Reuters was first to report that Vietnamese electric vehicle maker VinFast aims to increase its free float, or shares available to the public for trading, to 10% to 20% by the end of this year from roughly 2% currently. The post EV maker VinFast aims to raise free float to 10%-20% by end-2024 appeared first […]

Reuters exclusively reported that Billionaire hedge fund manager William Ackman, who joined other Harvard graduates in successfully calling for the university’s president Claudine Gay to resign, is pressing forward with his efforts to reshape the Ivy League school’s governance by backing a bid by four dissident alumni to join its board of overseers.  The post […]