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China’s economy falters, raises pressure for more stimulus
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France ‘dangerously exposed’ in case of economic shock, national audit office says
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Analysis-Nvidia investor dilemma: how much is too much in a stock portfolio?
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OpenAI working on new reasoning technology under code name ‘Strawberry’
French competition authority confirms investigation into Nvidia
Date: July 15, 2024
French competition authority confirms investigation into Nvidia PARIS (Reuters) – The French competition authority confirmed on Monday that an investigation is underway into chipmaker Nvidia over alleged anti-competitive practices. Benoit Coeure, president of the agency, told Reuters on the sidelines of a press briefing that the company would be charged “if the investigation is fruitful”....
Carrefour partners with GreenYellow to install solar panels at its French stores
Date: July 15, 2024
Carrefour partners with GreenYellow to install solar panels at its French stores (Reuters) – Carrefour said on Monday it had entered into a partnership with French renewable energy company GreenYellow for the installation and operation of solar panels in the car parks of around 350 of its hypermarkets and supermarkets in France. Under the agreement,...
China’s economy falters as property, consumer pain worsens
Date: July 15, 2024
China’s economy falters as property, consumer pain worsens By Kevin Yao and Joe Cash BEIJING (Reuters) – China’s economy grew much slower than expected in the second quarter, as a protracted property downturn and job insecurity squeezed domestic demand, keeping alive expectations Beijing will need to unleash even more stimulus. The world’s second-largest economy grew...
TSMC second-quarter profit seen jumping 30% on surging AI chip demand
Date: July 15, 2024
TSMC second-quarter profit seen jumping 30% on surging AI chip demand TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 30% rise in second-quarter profit on Thursday thanks to soaring demand. The world’s largest contract chipmaker, whose customers include Apple and...
Google parent in talks to buy cybersecurity startup Wiz for $23 billion
Date: July 15, 2024
Google parent in talks to buy cybersecurity startup Wiz for $23 billion By Milana Vinn and Steven Scheer NEW YORK (Reuters) -Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter said on Sunday, in a deal that would represent the technology giant’s...
Swiss authorities draw flak in Credit Suisse probe, report says
Date: July 15, 2024
Swiss authorities draw flak in Credit Suisse probe, report says ZURICH (Reuters) – Preliminary findings in an eagerly awaited parliamentary report into the 2023 collapse of Credit Suisse have identified serious failings by Swiss regulatory authorities leading up the bank’s demise, a Swiss newspaper reported on Sunday. Citing sources inside the parliamentary committee drawing up...