Reuters
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VW production continuing for now but chip uncertainty high
Production at Volkswagen's VOWG_p.DE main plant will proceed as planned during its next work week, despite the risk of shortages from a stand-off between China and the Netherlands over chipmaker Nexperia, a person familiar with the matter said.
Thu, Oct 23
Super Micro cuts first-quarter revenue forecast
Super Micro Computer SMCI.O trimmed its first-quarter revenue forecast on Thursday, citing a shift in customer delivery schedules for large artificial intelligence deals.
Thu, Oct 23
Europe aerospace firms team up in space to counter Musk
Airbus, Thales, Leonardo to pool satellite activities New venture to employ 25,000, generate 6.5 bln euros in revenueAirbus initially to hold 35%, Thales and Leonardo 32.5% eachPreliminary faces regulatory approval processBy Giulia Segreti and Tim Hepher ROME/PARIS, Oct 23 (Reuters) - Europe'...
Thu, Oct 23
Chinese vice commerce minister met Walmart executive over China procurement
China's vice commerce minister Sheng Qiuping met senior Walmart WMT.N executive Dan Bartlett on October 16, the commerce ministry said in a statement on Thursday, and encouraged the U.S. retail giant to expand its procurement in China.
Thu, Oct 23
Japan's JERA to buy US shale gas assets for $1.5 bln, eyes output increase
JERA, Japan's top power generator, on Thursday said it will buy natural gas production assets in the U.S. for $1.5 billion, marking its entry into American shale gas production.
Thu, Oct 23
Gold gains as geopolitical risks, trade tensions burnish appeal
Gold prices rose on Thursday, as U.S. sanctions against Russia and possible new export controls on China added to geopolitical risks, buoying demand for safe-haven assets.
Thu, Oct 23
China confirms US trade talks to be held in Malaysia from Friday
BEIJING, Oct 23 (Reuters) - Chinese Vice Premier He Lifeng is set to meet U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer from Friday, as the world's two largest economies try to ease an unexpected flare-up in tension ahead of a key leaders' summit.
Thu, Oct 23
BOJ sees signs of overheating in Japan's stock market
TOKYO, Oct 23 (Reuters) - Japan's stock market is showing early signs of overheating, the central bank said on Thursday, warning of the risk that uncertainty over U.S. trade policy could cause sharp corrections and hit financial institutions.
Thu, Oct 23
Asian markets retreat as US weighs new trade curbs on China
SINGAPORE, Oct 23 (Reuters) - Asian stocks fell for a second day on Thursday as lacklustre earnings from tech megacaps deepened a selloff on Wall Street, while U.S. sanctions against Russia and possible new export controls on China revived geopolitical worries.
Thu, Oct 23
Alibaba launches AI chatbot service in renewed consumer push
BEIJING, Oct 23 (Reuters) - Alibaba 9988.HK launched a new AI chatbot assistant service on Thursday, refreshing its push into a consumer-facing space that is dominated by ByteDance and Tencent 700.HK.
Thu, Oct 23
China and US 'just flexing muscles' over critical metals, BHP chair says
MELBOURNE, Oct 23 (Reuters) - The U.S. and China are battling to project power as they compete to secure critical minerals supply, the new chair of BHP said on Thursday, downplaying any potential for the global miner to be caught between its top customer and the world's biggest economy.
Thu, Oct 23
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India's Tata Tech to hire more locals in US as Trump cracks down on immigration
Oct 23 (Reuters) - Tata Technologies TATE.NS will recruit more local nationals in the United States, its top boss said, as the Indian engineering services provider reacts to U.S. President Donald Trump's wide-ranging immigration crackdown.
Thu, Oct 23
South Korea keeps rates on hold but surprises with nod to further cuts
SEOUL, Oct 23 (Reuters) - South Korea's central bank kept policy interest rates unchanged on Thursday, wary of worsening an overheating housing market and a declining currency, but left the door open for another cut, pushing the won down even further against the dollar.
Thu, Oct 23
EXCLUSIVE-Nexperia's China unit resumes chip sales to domestic distributors, sources say
BEIJING/TAIPEI, Oct 23 (Reuters) - Dutch chipmaker Nexperia's Chinese unit has resumed supplying semiconductors to local distributors, according to two people briefed on the matter, having previously halted all shipments when Beijing banned exports following an ownership dispute.
Thu, Oct 23
WRAPUP 9-US sanctions Russian oil companies as Moscow holds nuclear drills
US sanctions Rosneft and Lukoil, in a change of approachRussia says it held exercise with strategic nuclear weaponsUS says Putin-Trump summit plans on holdBy Dmitry Antonov, Pavel Polityuk and Jeff Mason MOSCOW/KYIV/WASHINGTON, Oct 22 (Reuters) - The United States hit Russia's major oil compa...
Thu, Oct 23
Canada plans to shrink US reliance, cut spending in upcoming budget
OTTAWA, Oct 22 (Reuters) - Canadian Prime Minister Mark Carney on Wednesday said his government's first budget will reduce economic and security reliance on the United States and cut wasteful spending.
Thu, Oct 23
Amazon sees faster delivery speeds with hi-tech driver eyeglasses, AI
MILPITAS, California, Oct 22 (Reuters) - In its relentless drive to bring everyday items to customers faster, Amazon has shifted expectations from two-day delivery to same-day and even within an hour.
Thu, Oct 23
Conservative activist sues Google over AI-generated statements
Oct 22 (Reuters) - Conservative activist Robby Starbuck sued Google GOOGL.O on Wednesday, alleging the tech giant's artificial intelligence systems generated "outrageously false" information about him.
Thu, Oct 23
U.S. natural gas futures dip after 18% surge hits technical resistance
Oct 22 (Reuters) - U.S. natural gas futures eased on Wednesday as the contract hit technical resistance after soaring about 18% over the past few days.
Thu, Oct 23
US mulls curbs on exports to China made with US software, sources say
Oct 22 (Reuters) - The Trump administration is considering a plan to curb a dizzying array of software-powered exports to China, from laptops to jet engines, to retaliate against Beijing's latest round of rare earth export restrictions, according to a U.S. official and three people briefed by U.S. a
Thu, Oct 23
