AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock
By Max A. Cherney (Reuters) -AMD on Monday said it plans to acquire server maker ZT Systems for $4.9 billion…
Global warming may be factor in deadly Italian shipwreck, climatologist says
By Gavin Jones ROME (Reuters) – Global warming may have contributed to the freak storm that sank a luxury British-flagged…
South Korean AI chip makers Rebellions and Sapeon agree to merge
SEOUL (Reuters) – South Korean artificial-intelligence chip makers Rebellions Inc and Sapeon Korea Inc have signed a definitive merger agreement,…
Harris likely to join Biden on Chicago convention stage on Monday
By Nandita Bose and Steve Holland WASHINGTON (Reuters) – Vice President Kamala Harris is likely to join President Joe Biden…
Blinken to push for Gaza ceasefire; Israel launches fresh strikes
By Nidal al-Mughrabi CAIRO (Reuters) – Israeli strikes killed 19 people in Gaza on Sunday, including six children, Palestinian health…
Short bets in five-year Treasury futures largest on record -CFTC data
(Reuters) – Speculators raised their net short bets on five-year Treasuries to the largest on record in the latest week,…
X to close operations in Brazil ‘effective immediately’
SAO PAULO (Reuters) – Media platform X said on Saturday it would close its operations in Brazil “effective immediately” due…
US equity funds see biggest weekly outflow in two months
(Reuters) – U.S. investors cut their equity fund holdings and boosted safer positions in the seven days to Aug. 14…
Berkshire reveals stakes in Ulta Beauty, Heico as it retreats from Apple
(Reuters) – Warren Buffett’s Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during…
Google unveils new phones and other gadgets powered by AI
By Kenrick Cai, Max A. Cherney MOUNTAIN VIEW, California -Alphabet’s Google on Tuesday unveiled a lineup of new Pixel smartphones…