Page 238 - Reuters

US' commerce dept asks Nvidia to probe how chips ended up in China

The chip giant has asked big distributors such as Super Micro Computer and Dell Technologies to conduct spot checks of their customers in Southeast Asia, the report said

Starbucks workers' union to strike in 3 US cities ahead of Christmas rush

Starbucks said it is ready to continue negotiations, claiming the union delegates prematurely ended the bargaining session

Senators urge Biden to grant ByteDance 90-day delay from law requiring sale

The Justice Department had said that as a Chinese company, TikTok poses a national-security threat of immense depth and scale

In weight loss battle, Novo and Lilly face offensive from licenced copies

Since Novo's blockbuster Ozempic diabetes treatment was approved in the United States in 2017, regulators have greenlighted 22 medicines containing its main ingredient in Bangladesh, Laos, Russia

Pakistan's missile programme is 'emerging threat', says top US official

Deputy National Security Advisor Jon Finer's surprise revelation underscored how far the once-close ties between Washington and Islamabad have deteriorated

Eli Lilly's weight-loss, diabetes drug shortage is resolved, says US FDA

The finding effectively bars widespread sales of cheaper copies of the drugs that many patients use, but the FDA said it would not take any action against the compounding pharmacies

What charges does Luigi Mangione face over UnitedHealth executive killing?

Prosecutors may seek a grand jury indictment of Mangione, which could contain different charges

Boeing secures year's largest 737 MAX order: 100 jets for Pegasus Airlines

The deal is worth $5.85 billion after typical industry discounts, according to estimated delivery prices from UK-based Cirium Ascend. Boeing shares rose 2.6 per cent

Auto-producer countries including Germany press EU to waive CO2 fines

Automakers have warned of plant closures and thousands of job losses, as they struggle with weak demand, Chinese competition and lower than expected electric vehicle sales

US jury deliberates in Arm, Qualcomm trial after closing arguments wrap

In the trial that started on Monday, Arm sought to portray Qualcomm's moves as a first-of-its-kind flouting of standard contractual terms the British company had used successfully

Trump-backed spending deal fails in US House, shutdown approaches

Previous fights over the debt ceiling have spooked financial markets, as a US government default would send credit shocks around the world

Asian shares pinned near three-month lows, dollar towers at 2-yr peak

Rates now are expected to bottom out at 3.9 per cent by the end of next year, much higher than just a few months ago

India, Australia brighten share sales' prospects for 2025 in Asia Pacific

The Indian exchange accounted for 16.8 per cent of global market share for IPOs, outranking the New York Stock Exchange and Nasdaq, the data showed

Tech Mahindra aiming for bigger bite of bank tech spends, says CEO

Mohit Joshi, who took the helm of India's No.5 software services exporter in December 2023 wants to increase the share of BFSI in Tech Mahindra's revenue mix by up to 25 per cent by March 2027

Reliance resume oil swap with Venezuela's PDVSA under US licence: Report

A supertanker carrying about 1.9 million barrels of Venezuelan Merey heavy crude departed earlier this month for India's Sikka port

India prepares for possible trade talks with US after Trump takes office

While aiming to protect its manufacturers from potential US tariff hikes on its exports, India is exploring ways to strengthen ties with Washington

Wall Street rebounds, dollar stalls as markets digest Fed's slowdown signal

The dollar gave back some of Wednesday's gains and gold rallied as investors grew accustomed to the reality that the central bank will take a slower, more measured approach to policy easing

Trump, not yet in office, already a figure in global economic policy

Some Fed officials incorporated 'highly conditional estimates' of Trump effects in new projections

Suspect in killing of UnitedHealth executive transferred to NYPD custody

A grand jury in New York has indicted Mangione on 11 counts, including first-degree murder and murder as an act of terrorism

US existing home sales increase 4.8% to eight-month high in November

Home sales jumped 4.8 per cent last month to a seasonally adjusted annual rate of 4.15 million units, the highest level since March