4+ day, 42+ min ago   (610+ words) LONDON, Sept 10 (Reuters) – Britain has spent nearly $40 million on SpaceX satellite services, deepening its reliance on Elon Musk’s company for military communications despite growing European concerns about dependence on U.S. security infrastructure. The spending was disclosed to Reuters in…...

4+ day, 19+ hour ago   (237+ words) BEIJING, Sept 9 (Reuters) – Tencent-backed AI chipmaker Shanghai Enflame Technology will make its Shanghai stock market debut on September 11, an ​exchange filing showed on Wednesday. Enflame, one ‌of China’s leading AI chip startups known locally as the “four little GPU dragons…...

5+ day, 8+ hour ago   (471+ words) HONG KONG/SINGAPORE, Sept 9 (Reuters) – Chinese artificial intelligence startup DeepSeek has tapped CITIC Securities to prepare for an initial public offering on Shanghai’s tech-focused STAR Market, two people with knowledge of the matter said. The Hangzhou-based company aims to begin…...

6+ day, 3+ hour ago   (577+ words) LONDON, Sept 8 (Reuters) – The Bank of England will hold Bank Rate at 3.75% for the rest of the year and through at least mid-2027, according to a Reuters poll of economists who still judge inflation is not strong enough for a…...

6+ day, 20+ hour ago   (191+ words) Sept 7 (Reuters) – Novo Nordisk said on Monday it had halted two additional trials of its ​experimental cardiovascular drug ziltivekimab, further ‌denting the Danish drugmaker’s efforts to diversify beyond its blockbuster obesity and diabetes franchise. In July, Novo said ziltivekimab failed…...

1+ week, 5+ day ago   (181+ words) Sept 2 (Reuters) – Australia’s competition regulator on Wednesday approved Kimberly-Clark’s proposed $40 billion takeover of Kenvue, on condition ​the company divests Kenvue’s Carefree ‌and Stayfree period care brands in the country to address competition concerns. • The Australian Competition and Consumer Commission (ACCC)…...

1+ week, 6+ day ago   (209+ words) ROME, Aug 31 (Reuters) – Prime Minister Giorgia Meloni’s government took office in October 2022 and will become the longest-serving administration in the history of the Italian Republic on September 4. Here are some of the main legislative ​efforts undertaken by her coalition, which…...

1+ week, 6+ day ago   (215+ words) GENEVA, Aug 31 (Reuters) – Peru has entered the race to lead the International Labour Organization, its website showed on Monday, ​as the body grapples with a financial ‌shortfall that may force it to cut jobs. • Spain has also nominated ⁠Labour Minister…...

1+ week, 6+ day ago   (270+ words) BEIJING, Aug 31 (Reuters) – Shanghai Enflame Technology Co, a Chinese AI chipmaker backed by Tencent, said on Monday it expects to raise 6.1 billion ​yuan ($907.78 million) in its Shanghai initial public offering ‌after setting its IPO price at 142.18 yuan a share. Enflame is…...

1+ week, 6+ day ago   (117+ words) kwsn.com Wall St opens lower as Middle East clashes send oil prices up Aug 31 (Reuters) – Wall Street’s main indexes opened ​lower on Monday after military strikes between the U.S. and Iran drove up ​oil ⁠prices, fanning inflation ⁠worries…...