Nvidia takes $5 billion stake in Intel under September agreement
Dec 29 (Reuters) – Nvidia has purchased Intel shares worth $5 billion, the American semiconductor firm said in a filing…
US pending home sales surge to highest in nearly 3 years in November, NAR says
Dec 29 (Reuters) – Contracts to purchase previously owned U.S. homes unexpectedly shot to the highest in nearly three years…
Russia downs 111 Ukrainian drones in three hours, defence ministry says
MOSCOW, Dec 27 (Reuters) – Russia’s Defence Ministry said its air defence systems had intercepted and destroyed 111 Ukrainian drones…
Amazon halts plans for drone delivery in Italy
ROME, Dec 28 (Reuters) – Amazon said on Sunday it has decided not to pursue plans to deliver goods by…
China issues draft rules to regulate AI with human-like interaction
(Corrects spelling of ‘draft’ in headline) BEIJING, Dec 27 (Reuters) – China’s cyber regulator on Saturday issued draft rules for…
S&P 500 eyes 7,000 mark as investors look for upbeat end to strong 2025
NEW YORK, Dec 26 (Reuters) – Investors are looking for the U.S. stock market to end 2025 on a high…
China bets on advanced technologies to revive tepid industrial sector
BEIJING, Dec 26 (Reuters) – China pledged on Friday to double down on upgrading its manufacturing base and promised capital…
Target faces activist investor pressure amid sales decline, FT reports
By Siddharth Cavale Dec 26 (Reuters) – Activist investor Toms Capital Investment Management (TCIM) has made a significant investment in…
White House orders US forces to focus on ‘quarantine’ of Venezuelan oil for next two months
WASHINGTON, Dec 24 (Reuters) – The White House has ordered U.S. military forces to focus almost exclusively on enforcing the…
China says it opposes US tariffs on chips
BEIJING, Dec 24 (Reuters) – China said on Wednesday that it opposed the United States’ “indiscriminate use of tariffs” and…