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Anthropic selects Nasdaq for IPO, Business Insider reports
19+ hour, 54+ min ago (56+ words) KWSN Anthropic selects Nasdaq for IPO, Business Insider reports Sept 13 (Reuters) – U.S. tech startup Anthropic has selected Nasdaq for its potential initial public offering, Business Insider reported on Sunday, citing a person familiar with the company’s plans. (Reporting by Ananya…...
Major central banks strike a more hawkish tone as energy costs jump
3+ day, 17+ hour ago (738+ words) By Stefano Rebaudo and Sophie Kiderlin Sept 10 (Reuters) – Persistent inflation pressures and resilient economic growth have increased the risk of further rate hikes by major central banks, as energy prices rise and Middle East tensions show little sign of easing....
Exclusive-UK deepens reliance on Musk’s SpaceX, spending nearly $40 million on satellite services
3+ day, 21+ hour 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…...
Tencent-backed Enflame to debut in Shanghai on Friday in $912 million IPO
4+ day, 16+ 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…...
Exclusive-China’s DeepSeek taps CITIC Securities for domestic IPO, sources say
5+ day, 5+ 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…...
Bank of England to hold rates, show patience with war-driven inflation: Reuters poll
5+ day, 23+ 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…...
Indian health activists lodge concerns about food warning proposal in court
1+ week, 1+ hour ago (432+ words) NEW DELHI, Sept 7 (Reuters) – Indian activists spearheading calls for food labelling said a government proposal to have red warnings only when two concerning nutrients are high created an “industry-friendly loophole” disregarding public health, marking the first formal court objection to…...
Analysis-Iran’s Hormuz leverage wanes as US economic squeeze bites
1+ week, 19+ hour ago (847+ words) ISTANBUL, Sept 6 (Reuters) – Six months after a conflict that rattled markets and pushed the Gulf to the brink of a wider war, the tide may be turning against Iran as Washington unleashes an unprecedented economic offensive to achieve what military…...
Australia clears Kimberly-Clark’s acquisition of Kenvue but requires Carefree, Stayfree divestment
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)…...
Chinese shipper COSCO collects intel for Beijing with concealed equipment, US officials say
1+ week, 5+ day ago (556+ words) (Refiles to fix spelling of “transport” in the final paragraph) WASHINGTON, Sept 1 (Reuters) – China’s state-owned shipping giant COSCO uses concealed equipment on board its ships to spy on military communications near the coastlines of target nations including the U.S.,…...