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US needs to crack down on Chinese chipmaker SMIC, Republican lawmaker says

By Karen Freifeld (Reuters) - A top Republican lawmaker has accused the Biden administration of not doing enough to prevent China's Semiconductor Manufacturing International Corp (SMIC) from

Emerson sharpens automation focus with offer for rest of AspenTech in $15 billion deal

(Reuters) -Emerson Electric on Tuesday proposed to buy the rest of AspenTech that it does not own at a valuation of $15.1 billion, sharpening its focus on industrial automation. The company in 2021

Broadridge Financial profit beats estimates on strength in global technology unit

(Reuters) - Fintech firm Broadridge Financial beat Wall Street estimates for first-quarter profit on Tuesday, helped by resilient demand in its global technology business. WHY IT'S IMPORTANT

Data analytics firm Palantir jumps as AI boom powers software adoption

By Zaheer Kachwala (Reuters) -Palantir shares jumped more than 14% before the bell on Tuesday, after the data analytics firm raised its annual revenue forecast for the third time, bolstering investor

GlobalFoundries forecasts upbeat Q4 results on strong demand from smartphone makers

(Reuters) - World's third-largest contract chipmaker, GlobalFoundries , forecast fourth-quarter revenue above Wall Street estimates on Tuesday, driven by recovering semiconductor demand from

Gartner raises annual forecasts on steady demand in key research unit

(Reuters) - Research and advisory firm Gartner raised its full-year forecasts for revenue and profit on Tuesday, banking on its ability to retain clients as enterprise spending, especially in the core

Data analytics firm Palantir jumps as AI boom powers robust software adoption

(Reuters) - Palantir shares jumped over 12% on Tuesday after the data analytics firm raised its annual revenue forecast for the third time, bolstering investor confidence that the artificial

Emerson proposes to acquire remaining shares of AspenTech at $240 apiece

(Reuters) -Emerson Electric made a proposal on Tuesday to acquire the stake it does not already own in AspenTech for $240 per share in cash, doubling down on its industrial automation push. The

Singapore’s Keppel to buy Japanese AI-ready data centre

(Reuters) -Singapore's Keppel said on Tuesday it had agreed to buy an artificial intelligence-ready data centre facility being developed by Japan's biggest property group Mitsui Fudosan in Tokyo. The

Tax fraud investigators search Netflix offices in Paris and Amsterdam, says source

PARIS (Reuters) - Investigators searched the offices of U.S. streaming giant Netflix in France and the Netherlands as part of a preliminary investigation into tax fraud laundering, a French judicial

On Camera

Swraj Paul was the original NRI powerbroker. Helped Indira’s return, shaped India Inc

When he was asked why he was so loud in his criticisms of Indian industry when his purpose could be better served by a shrewder approach, he said, “Because I am a Punjabi, not a Marwari”.

New insolvency frameworks to shorter timelines, how 2025 amendment bill proposes to transform IBC

New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.

India and France to jointly develop and manufacture 120 kN engine for homegrown AMCA

The new engine, set to be developed over the next 10 years, will power the second tranche of Advanced Medium Combat Aircraft. First set will be equipped with GE 414 engines.

Europe is sitting at Trump’s table, and there’s a lesson for India

Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.