Intel signs Microsoft as foundry customer, says on track to overtake TSMC
By Stephen Nellis and Max A. Cherney (Reuters) -Intel said on Wednesday that Microsoft plans to use its services to…
Morgan Stanley forced Frasers off books with $1 billion margin call, court told
By Kirstin Ridley LONDON (Reuters) -Morgan Stanley used an “unrealistic” and “inappropriate” near $1.0 billion margin call to force trades…
Exclusive-Brazil readies broad FX hedging program with $2 billion in derivatives for green investments
By Marcela Ayres BRASILIA (Reuters) – Brazil’s government will announce on Monday new measures to help foreigners with foreign exchange…
Reddit plans to reserve shares for its big users in IPO, WSJ reports
(Reuters) -Social media platform Reddit plans to sell a chunk of its IPO shares to its platform’s users, the Wall…
Wall St ends sharply lower as hot inflation sparks sell-off
By Johann M Cherian, Ankika Biswas and Carolina Mandl (Reuters) -Wall Street’s main indexes tumbled on Tuesday after a higher-than-expected…
Storm dumps more than a foot of snow on parts of US Northeast
By Brendan O’Brien and Rich McKay (Reuters) – A powerful, fast-moving winter storm dumped more than a foot of snow…
Dollar slips, Fed policy path on interest rates in focus
By Herbert Lash and Stefano Rebaudo NEW YORK (Reuters) -The dollar slid against major currencies on Tuesday, a day after…
Brent, US crude futures give up some gains on talk of Gaza ceasefire
By Erwin Seba HOUSTON (Reuters) – Brent and U.S. crude futures initially climbed over $1 a barrel on Tuesday after…
US reviewing Hamas response to hostage deal offer, will discuss with Israel
By Humeyra Pamuk DOHA (Reuters) -U.S. Secretary of State Antony Blinken said on Tuesday the United States was reviewing a…
U.S. mends fences with El Salvador’s Bukele as China lurks
By Diego Oré, Sarah Kinosian and Nelson Renteria SAN SALVADOR (Reuters) – When El Salvador President Nayib Bukele published a…