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…
Day: May 2, 2024
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…
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…
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…
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…