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Thursday, April 25, 2024
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Analysis-New ASML boss Fouquet must navigate US/China chip war

By Toby Sterling AMSTERDAM (Reuters) - ASML's new boss Christophe Fouquet faces a tricky balancing act in helping to steer Europe's biggest tech company through the US/China "chip war", while

Tractor Supply beats first-quarter profit estimates on easing costs

(Reuters) - Tractor Supply beat Wall Street expectations for first-quarter profit on Thursday, as easing transport costs and steady demand for the farming supplies retailer's pet food and gardening

EU court adviser backs data privacy activist Schrems in Meta fight

By Foo Yun Chee BRUSSELS (Reuters) - Austrian privacy activist Max Schrems on Thursday received backing from an adviser to Europe's top court in his fight against Meta Platforms over personalised

DR Congo presses Apple over minerals supply chain, lawyers say

KINSHASA (Reuters) - Democratic Republic of Congo is pushing Apple Inc for information about its supply chain over concerns it may be tainted with conflict minerals sourced from the country,

Meta sparks tech selloff as AI splurge spooks Wall Street

By Aditya Soni and Kanchana Chakravarty (Reuters) -Shares of Meta Platforms sank nearly 15% on Thursday, sparking a selloff in big tech stocks after the social media giant signaled its costly bet on

IBM falls as enterprise-spending constraints choke consulting demand

(Reuters) - Shares of International Business Machines fell more than 8% in premarket trading on Thursday, as its consulting business faces pressure from enterprises tightening their budgets to cope

Pool Corp upgrades full year profit forecast as seasonal buying patterns return

(Reuters) - Pool Corp increased its full-year profit forecast on Thursday, as the company expects sales and gross margin trends to improve with a return to seasonal buying patterns. The pool products

Amazon to invest $11 billion in Indiana to build data centers

(Reuters) - Amazon.com's cloud-computing arm said it would invest $11 billion in Indiana to build data centers, marking the state's largest capital investment, and promising at least 1,000 jobs. The

US agency to vote to restore net neutrality rules

By David Shepardson WASHINGTON (Reuters) - The U.S. Federal Communications Commission will vote Thursday to reinstate landmark net neutrality rules and assume new regulatory oversight of broadband

Carrier Global lowers full-year sales forecast as sticky inflation limits demand

(Reuters) - Air conditioner maker Carrier Global cut its full-year revenue forecast on Thursday, anticipating continued pressure on consumer spending amid persistent inflation. Carrier, which also

On Camera

BJP has a problem of plenty in Phase 2. It can only go down from that

BJP’s fate in the second phase of 2024 Lok Sabha election will be decided in Karnataka, Rajasthan, and Maharashtra, where it performed very well in 2019 but faces a stiff competition now.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

Rafale to Exercise Garuda, a look at Indo-French defence ties as Chief of Defence Staff visits France

Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.