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Intel to reveal tech details on forthcoming PC chip, sources say
Intel's Panther Lake chip uses new 18A manufacturing processIntel aims to reassure with technical briefings and factory tourIntel expects Panther Lake to use 30% less energy than prior generationBy Max A. Cherney SAN FRANCISCO, Oct 7 (Reuters) - Intel INTC.O plans to release technical details...
Wed, Oct 8
Musk's xAI nears $20 billion capital raise tied to Nvidia chips, Bloomberg News reports
Oct 7 (Reuters) - Elon Musk's AI startup xAI is raising more financing than initially planned, including an equity investment from Nvidia NVDA.O, to bring its ongoing funding round to $20 billion, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.Nvidia is investing ...
Wed, Oct 8
Tesla debuts 'affordable' Model Y and 3 that strike some as too expensive
Cars open for orders now; many locations show deliveries in December, JanuaryPricing disappoints some investors and analystsCars drop some premium features but offer over 300 miles of rangeMusk emphasizes affordability amid rising competition and sales challengesBy Abhirup Roy and Harshita Mary Varg
Wed, Oct 8
[Reuters Analysis] Easy Fed risks pouring fuel on 'everything' rally: McGeever
By Jamie McGeeverORLANDO, Florida, Oct 7 (Reuters) - The Federal Reserve says its interest rate cuts are aimed at softening the impact of a looming labor market rupture. Unfortunately, cheaper money is unlikely to achieve that goal, but what it almost certainly will do is fuel the "everything...
Wed, Oct 8
EIA hikes US oil output forecast, says oversupply will slash prices
US oil output to average record 13.53 million bpd in 2025By Shariq KhanNEW YORK, Oct 7 (Reuters) - U.S. oil production is expected to hit a larger record this year than previously expected, the Energy Information Administration said on Tuesday, even as the agency warned that a glut of oil will weigh
Wed, Oct 8
Traders seek yuan payment from Indian state buyers of Russian oil, sources say
NEW DELHI/SINGAPORE, Oct 7 (Reuters) - Traders offering Russian oil have begun asking Indian state refiners to pay in Chinese yuan, taking recent signs of improving relations between New Delhi and Beijing as a chance to simplify deals with Indian buyers, trade sour...
Wed, Oct 8
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Dollar rallies as US shutdown drags on, weighing on confidence
SINGAPORE, Oct 8 (Reuters) - The U.S. dollar rose to its strongest levels in six weeks in early Asian trading on Wednesday as risks around the U.S. government shutdown intensified, sparking fresh investor worries and boosting demand for safe haven assets.The dollar index =...
Wed, Oct 8
Gold prices hit record high, nears $4,000/oz mark on safe-haven demand
Oct 8 (Reuters) - Gold prices climbed to an all-time high on Wednesday, nearing the crucial $4,000-per-ounce level, bolstered by economic and geopolitical uncertainty and expectations of additional interest rate cuts by the U.S. Federal Reserve.
Wed, Oct 8
FACTBOX-The longest US government shutdowns
WASHINGTON, Oct 6 (Reuters) - Thousands of U.S. federal employees stopped working on October 1 when the government shut down due to a budget impasse in Congress. Following are the longest shutdowns since 1980, when U.S. administrations started furloughing some federal workers when budgets expired. ...
Mon, Oct 6
Copper slips from more than 16-month peak as dollar firms
Reuters - Copper prices fell on Monday after touching a more than 16-month high earlier in the session, as a stronger dollar offset support from concerns over supply from top producer Chile and major supplier Indonesia.
Mon, Oct 6
Japan's stocks zoom, yen slumps as Takaichi win dims BOJ hike bets
Nikkei surges past 48,000 after Takaichi's electionMarket bets for BOJ rate hike fallYen weakens, bond yields fluctuate amid policy expectationsBy Rocky Swift and Junko Fujita TOKYO, Oct 6 (Reuters) - Japanese shares surged to a record high on Monday, while the yen and long-term bonds tumbled...
Mon, Oct 6
Hamas readies for Gaza talks that US hopes will halt war, free hostages
Israel pounds Gaza despite Trump's call for end to bombingPalestinians wonder when Trump's Gaza plan will be implementedIsraeli and Hamas delegations head to EgyptIsraeli markets hit highs in sign of optimismBy Nidal al-Mughrabi, Alexander Cornwell and Jasper Ward CAIRO/JERUSALEM/CAIRO/WA...
Mon, Oct 6
QUOTES-Market analysts reaction to Takaichi becoming next Japan PM
SINGAPORE, Oct 6 (Reuters) - Japanese shares surged to record highs on Monday, while the yen sank after fiscal dove Sanae Takaichi was elected to lead the ruling party and become the next prime minister.Takaichi's victory has raised chances that the Bank of Japan will avoid lifting interest rate...
Mon, Oct 6
Oil posts 8% weekly loss on potential OPEC+ supply additions
OPEC+ could further boost output in November, sources sayAnalysts predict oil market surplus in fourth quarter and beyondChevron refinery fire unlikely to affect broader marketBy Arathy Somasekhar HOUSTON, Oct 3 (Reuters) - Oil prices settled higher on Friday but posted a weekly loss of 8.1% ...
Fri, Oct 3
BOJ's Ueda warns of global uncertainty, keeps markets guessing on next hike
Global uncertainty may prod firms to cut costs, Ueda says'Quite significant' uncertainty remains on tariff impactUeda wants to gather information in talks during IMF meetingUnderlying inflation to rise in tandem with actual price movesYen weakens vs dollar as markets saw remarks as dovishBy ...
Fri, Oct 3
Britain's trade remedies body to get more assertive ahead of overhaul
LONDON, Oct 3 (Reuters) - The new chiefs of Britain's Trade Remedies Authority said it would toughen the country's trade defences even before new legislation comes in, aimed at giving the body more clout to tackle global trade turmoil.
Fri, Oct 3
Asian stocks poised for weekly gains on rate cut wagers, AI fervour
SINGAPORE, Oct 3 (Reuters) - Asian stocks were set for solid weekly gains on Friday as rising odds of the Federal Reserve cutting rates in the near-term helped cushion jitters around a U.S. government shutdown that have pushed gold to record highs and weighed on the dollar.
Fri, Oct 3
California's solar and battery combo packs a transformational punch: Maguire
By Gavin MaguireLITTLETON, Colorado, Oct 3 (Reuters) - Although overshadowed so far by booming data center demand and the U.S. government's gutting of clean energy policies, California's rapid scaling of solar farms and battery systems may yet emerge as 2025's most significant power sto...
Fri, Oct 3
Apple removes ICE tracking apps after pressure by Trump administration
WASHINGTON, Oct 2 (Reuters) - Apple AAPL.O said on Thursday that it had removed ICEBlock, the most popular ICE-tracking app, and other similar apps from its App Store after it was contacted by President Donald Trump's administration.
Fri, Oct 3
Google, NBCUniversal reach agreement to keep shows on YouTube TV
Oct 2 (Reuters) - Alphabet's Google GOOGL.O and Comcast-owned CMCSA.O NBCUniversal have reached a multi-year agreement to keep NBC shows such as "Sunday Night Football" and "America's Got Talent" on YouTube TV, wrapping up a difficult negotiation.YouTube TV, one of the bigges...
Fri, Oct 3
