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Taiwan's Foxconn says AI data centre with Nvidia to have 100 MW of power
TAIPEI, May 20 (Reuters) - Taiwan's Foxconn 2317.TW, the world's largest contract electronics maker, said on Tuesday an artificial intelligence center it has announced with Nvidia NVDA.O will be built in phases and is targeted to have 100 megawatts of power. Foxconn Chairman Young Liu was sp...Reuters
Tue, May 20
US launches unit to target DEI policies at colleges with civil fraud probes
By Sarah N. LynchWASHINGTON, May 19 (Reuters) - The United States announced on Monday the formation of a new unit that will crack down on federally-funded universities that have diversity, equity and inclusion policies using a civil anti-fraud law, the Justice Department said in a memo.The creation ...Reuters
Tue, May 20
Nike cuts some jobs in technology division
May 19 (Reuters) - Sportswear retailer Nike NKE.N is laying off some of its employees in its technology division, a company representative told Reuters on Monday. Nike will shift some of that work to third-party vendors, the representative said in an email, adding that the changes were announce...Reuters
Tue, May 20
Ryman Hospitality Properties Says It Upsizes Offering To 2.6 Million Shares At $96.20 Per Share
May 19 (Reuters) - Ryman Hospitality Properties Inc RHP.N:RYMAN HOSPITALITY PROPERTIES, INC. ANNOUNCES UPSIZING AND PRICING OF COMMON STOCK OFFERINGRYMAN HOSPITALITY PROPERTIES INC - UPSIZES OFFERING TO 2.6 MILLION SHARES AT $96.20/SHARERYMAN HOSPITALITY PROPERTIES INC - OFFERING EXPECTED TO CLOSE O...Reuters
Tue, May 20
On anniversary of taking office, Taiwan president reiterates willingness to talk to China
TAIPEI, May 20 (Reuters) - Taiwan President Lai Ching-te on Tuesday reiterated his willingness to talk to China, as he marked one year since taking office.Lai told reporters at the presidential office that he sought peace, but that Taiwan also needs to continue strengthening its defences.Reuters
Tue, May 20
Australia's National Party to end coalition agreement with Liberal party
SYDNEY, May 20 (Reuters) - Australia National Party, the junior partner in the conservative opposition coalition, said on Tuesday it would not re-enter a coalition agreement with the Liberal party, after the coalition lost a national vote this month.Reuters
Tue, May 20
Trump says Russia, Ukraine agree to immediate ceasefire talks, Kremlin offers no timeframe
Russia ready to work with Ukraine on a memorandum about future peace talks Zelenskiy calls for high-level talks with Russia, Western countriesTrump says Vatican interested in hosting talksBy Steve Holland, Guy Faulconbridge and Olena Harmash WASHINGTON/MOSCOW/KYIV, May 19 (Reuters) - Donald T...Reuters
Tue, May 20
Japan sticking to demand for US to eliminate tariffs, trade envoy says
TOKYO, May 20 (Reuters) - Japan's top trade negotiator, Ryosei Akazawa, said on Tuesday there was no change to Tokyo's stance of demanding an elimination of U.S. tariffs in bilateral trade negotiations.In a news conference, Akazawa said the two countries held working-level trade talks in Was...Reuters
Tue, May 20
US Senate confirms Trump nominee Kushner to be ambassador to France
By Patricia Zengerle WASHINGTON, May 19 (Reuters) - The U.S. Senate on Monday confirmed Charles Kushner, father of President Donald Trump's son-in-law Jared Kushner and the recipient of a presidential pardon after his conviction for witness tampering and tax evasion, to be ambassador to Franc...Reuters
Tue, May 20
Alphabet's Waymo gets California nod for robotaxi expansion in San Francisco Bay Area
SAN FRANCISCO, May 19 (Reuters) - Alphabet's GOOGL.O self-driving unit Waymo said on Monday it received approval from California to expand its robotaxi operations in more areas of the San Francisco Peninsula and further south, including San Jose.Waymo's permission from California comes as Te...Reuters
Tue, May 20
NVIDIA’s Huang blasts U.S. export rules, points to $15 billion in missed sales
Investing.com -- NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang sharply criticized U.S. export restrictions on AI chips, warning that the rules are diminishing America’s technology leadership while
Investing.com
Tue, May 20
Lawyers seek to force Trump to return Guatemalan deportee
Federal judge is asked to order administration to facilitate migrant's returnJustice Department admitted to a factual error in fighting the migrant's lawsuitTrump administration declining to commit to returning man, lawyers sayBy Nate Raymond BOSTON, May 19 (Reuters) - Lawyers for a Guate...Reuters
Tue, May 20
Fiscal concerns drag treasuries yields higher after Moody's downgrade
NEW YORK, May 19 (Reuters) - Longer-dated Treasury yields rose on Monday on concerns that a U.S. tax bill will increase the debt load by more than previously expected after Moody’s Investors Service on Friday also cut the United States' sovereign credit rating from the top “Aaa.”Reuters
Tue, May 20
EXCLUSIVE-Nippon Steel to invest $4 billion for new US Steel mill in $14 bln package, document says
Nippon Steel raises investment pledge for U.S. Steel in last ditch appeal to win US approval - document, sourcesNippon's $14 bln investment pledge includes $4 bln for a new steel mill, document saysDeal has faced opposition from both Biden and TrumpFresh national security review due on May 21By ...Reuters
Tue, May 20
Pfizer signs up to $6 billion licensing deal with China's 3SBio for cancer drug
May 19 (Reuters) - Pfizer PFE.N has signed a licensing agreement worth up to $6 billion with Chinese pharmaceutical products developer 3SBio Inc 1530.HK for the development, manufacturing and commercialization of a drug undergoing trials for treatment of certain types of cancer and tumours, the U.S....Reuters
Tue, May 20
Trade deals not expected at G7 meeting, joint statement must serve US priorities, source says
CALGARY, May 19 (Reuters) - The U.S. Treasury does not anticipate any trade deal announcements as part of a Group of Seven finance leaders meeting this week in Canada, and will not agree to a joint communique unless it serves U.S. interests, a source briefed on U.S. participation ...Reuters
Tue, May 20
Sunshine Guojian Says Co And Affiliates Have Granted Pfizer An Exclusive License On Commercialization Of Cancer Drug
May 20 (Reuters) - Sunshine Guojian Pharmaceutical Shanghai Co Ltd 688336.SS:SAYS CO AND AFFILIATES HAVE GRANTED PFIZER AN EXCLUSIVE LICENSE ON COMMERCIALIZATION OF CANCER DRUGSource textFurther company coverage: 688336.SSReuters
Tue, May 20
Pfizer Enters Into Exclusive Licensing Agreement With 3SBio
May 19 (Reuters) - Pfizer Inc PFE.N:PFIZER ENTERS INTO EXCLUSIVE LICENSING AGREEMENT WITH 3SBIOPFIZER INC - 3SBIO TO RECEIVE $1.25 BILLION UPFRONT PAYMENTPFIZER INC - 3SBIO ELIGIBLE FOR MILESTONE PAYMENTS UP TO $4.8 BILLIONPFIZER INC - TO MAKE $100 MILLION EQUITY INVESTMENT IN 3SBIOPFIZER INC - DEAL...Reuters
Tue, May 20
Alphabet's Waymo gets California nod for expansion in San Francisco Bay Area
SAN FRANCISCO, May 19 (Reuters) - Alphabet's GOOGL.O self-driving unit Waymo said on Monday it received approval from California to expand its robotaxi operations in more areas of the San Francisco Peninsula and further south, including San Jose.Waymo's permission from California comes as Te...Reuters
Tue, May 20
