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Day: May 2, 2024

Xi’s trip to Europe may lay bare West’s divisions over China strategy
General

Xi’s trip to Europe may lay bare West’s divisions over China strategy

By Laurie Chen and Michel Rose BEIJING/PARIS (Reuters) -Chinese President Xi Jinping heads to Europe for the first time in…

May 2, 2024May 2, 2024
Qualcomm jumps as AI sparks rebound in Chinese smartphone market
General

Qualcomm jumps as AI sparks rebound in Chinese smartphone market

(Reuters) – Qualcomm shares climbed about 10% to a more than two-year high on Thursday after the smartphone-focused chipmaker signaled…

May 2, 2024May 2, 2024
US greenlights Exxon-Pioneer deal, alleges shale founder colluded with OPEC
General

US greenlights Exxon-Pioneer deal, alleges shale founder colluded with OPEC

By Sabrina Valle and Liz Hampton HOUSTON (Reuters) -U.S. regulators gave the go-ahead on Thursday to Exxon Mobil’s $60 billion…

May 2, 2024May 2, 2024
US IRS targets sharply higher audit rates on big firms, partnerships, millionaires
General

US IRS targets sharply higher audit rates on big firms, partnerships, millionaires

By David Lawder WASHINGTON (Reuters) – The Internal Revenue Service said on Thursday that it plans to sharply increase audit…

May 2, 2024May 3, 2024
US labor market still tight; productivity falters in first quarter
General

US labor market still tight; productivity falters in first quarter

By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new claims for unemployment benefits held steady at a low…

May 2, 2024May 2, 2024

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