Foxconn sees ‘slightly better’ 2024, warns on AI chip shortage
TAIPEI (Reuters) – Taiwan’s Foxconn, Apple’s biggest iPhone assembler and the world’s largest contract electronics maker, expects its business this…
Category: Business
Australia releases preferred option on pollution rules to boost EV uptake
SYDNEY (Reuters) – Australia on Sunday released a “preferred model” for new standards on vehicle emissions as the country moves…
Analysis-New China property financing measures set to be tested by banks’ cautious approach
By Clare Jim and Ziyi Tang HONG KONG/BEIJING (Reuters) – China aims to ramp up financing for home projects in…
S&P 500 surges to record closing high on solid earnings, robust data
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended sharply higher on Friday and the S&P 500 registered an…
US labor market sizzles with blowout job growth, solid wage gains
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in January and wages increased by the most in nearly…
Mercuriadis bows out as Hipgnosis Songs Management CEO, to become chair
(Reuters) – Music industry veteran Merck Mercuriadis has stepped down as the CEO of Hipgnosis Songs Management (HSM), the artist…
Dollar jumps, traders pare rate cut bets after strong jobs report
By Karen Brettell NEW YORK (Reuters) -The U.S. dollar index jumped to a seven-week high in a broad rally on…
US court to hear JetBlue, Spirit appeal over blocked merger in June
By Nate Raymond and David Shepardson BOSTON (Reuters) -A U.S. appeals court on Friday said it would hear arguments in…