4+ day, 1+ 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…...

4+ day, 13+ 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…...

5+ day, 8+ 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…...

6+ day, 2+ hour ago   (191+ words) Sept 7 (Reuters) – Novo Nordisk said on Monday it had halted two additional trials of its ​experimental cardiovascular drug ziltivekimab, further ‌denting the Danish drugmaker’s efforts to diversify beyond its blockbuster obesity and diabetes franchise. In July, Novo said ziltivekimab failed…...

1+ week, 4+ 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)…...

1+ week, 5+ day ago   (209+ words) ROME, Aug 31 (Reuters) – Prime Minister Giorgia Meloni’s government took office in October 2022 and will become the longest-serving administration in the history of the Italian Republic on September 4. Here are some of the main legislative ​efforts undertaken by her coalition, which…...

1+ week, 5+ day ago   (215+ words) GENEVA, Aug 31 (Reuters) – Peru has entered the race to lead the International Labour Organization, its website showed on Monday, ​as the body grapples with a financial ‌shortfall that may force it to cut jobs. • Spain has also nominated ⁠Labour Minister…...

1+ week, 5+ day ago   (270+ words) BEIJING, Aug 31 (Reuters) – Shanghai Enflame Technology Co, a Chinese AI chipmaker backed by Tencent, said on Monday it expects to raise 6.1 billion ​yuan ($907.78 million) in its Shanghai initial public offering ‌after setting its IPO price at 142.18 yuan a share. Enflame is…...

1+ week, 5+ day ago   (117+ words) kwsn.com Wall St opens lower as Middle East clashes send oil prices up Aug 31 (Reuters) – Wall Street’s main indexes opened ​lower on Monday after military strikes between the U.S. and Iran drove up ​oil ⁠prices, fanning inflation ⁠worries…...

1+ week, 5+ day ago   (304+ words) MUMBAI, Aug 31 (Reuters) – India is likely to receive below-average monsoon rainfall in September after August precipitation came in 16% below normal, the weather department ​said on Monday, raising concerns about crop yields and ‌economic growth in Asia’s third-largest economy. Poor rainfall…...