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TSMC’s Taipei-listed shares slide 6% on global chip outlook concerns

TAIPEI (Reuters) -Taipei-listed shares of TSMC fell more than 6% on Friday following the company's first-quarter earnings report where it retained its capex and full-year revenue guidance and flagged

Bitcoin slides below $60,000 on reports Israel strikes Iran

(Reuters) - Cryptocurrencies fell heavily and bitcoin broke below $60,000 on Friday in a rush out of risky assets following reports of an Israeli missile strike on Iran. Bitcoin slid more than 5.5% to

South Korea’s LG Electronics raises $800 million dollar bond, term sheet shows

By Scott Murdoch and Joyce Lee SYDNEY (Reuters) -South Korea's LG Electronics has raised $800 million through a dollar bond deal, according to a term sheet reviewed by Reuters. A 3-year bond raised

Jabil places CEO Wilson on paid leave amid investigation

(Reuters) - Jabil Inc has placed Chief Executive Officer Kenneth Wilson on a paid leave since April 15 pending completion of an investigation related to corporate policies, the electronic components

Google consolidates its DeepMind and Research teams amid AI push

(Reuters) - Alphabet-owned Google said on Thursday it would consolidate teams that focus on building artificial intelligence models across its Research and DeepMind divisions in its latest push to

Exclusive-Bentley Systems explores options amid takeover interest, sources say

By Milana Vinn and Anirban Sen (Reuters) -Bentley Systems, an engineering software company with a market value of nearly $16 billion, is exploring options that include a sale after attracting

US Congress moves ahead on bill to push TikTok’s Chinese owner to sell

By Moira Warburton WASHINGTON (Reuters) - An effort to force TikTok's Chinese owner, ByteDance, to sell the social media app or face a ban in the U.S. was gaining steam in Congress on Thursday, with

EU backs competitiveness push, but divisions persist

By Philip Blenkinsop and Nette Noestlinger BRUSSELS (Reuters) -European Union leaders agreed to reforms on nine fronts on Thursday to revitalise the bloc's economy and help it catch the United States

US imposes new curbs on Iran’s access to ‘low-level’ tech after attack on Israel

By Karen Freifeld WASHINGTON (Reuters) - The U.S. is further restricting Iran's access to "low-level technology," in response to Iran's April 13 attack on Israel and its military support for Russia,

US power, tech companies lament snags in meeting AI energy needs

By Laila Kearney NEW YORK (Reuters) - U.S. electrical systems are not expanding fast enough to meet rapidly growing power needs of technology like Generative AI, prompting data center businesses to

On Camera

Iran-Israel conflict will now be shaped by 3H—Houthis, Hamas, Hezbollah

Israel's response to Iran's retaliatory attack was relatively small and also downplayed by Tehran. But there are factors that could jeopardise this perceived reprieve.

CBDT signs record 125 Advance Pricing Agreements, 31% more than last year

The 125 APAs include 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). The total number of APAs since the start of the APA programme has risen to 641, with 506 UAPAs and 135 BAPAs.

Vice Admiral Dinesh Kumar Tripathi to take over as Chief of the Naval Staff

He has been the chief of personnel and the flag officer commanding-in-chief, Western Naval Command, in the rank of vice admiral.

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.