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News
EU sanctions Iranian judges, leading cyber group figure
1+ day, 3+ hour ago (140+ words) BRUSSELS, July 24 (Reuters) – The European Union sanctioned five Iranian judges over alleged human rights violations, as well as a leading figure in a cyber group accused of helping the regime suppress information, the EU Council said on Friday. The Council…...
Qualcomm tells customers of double-digit price increases, Bloomberg News reports
1+ day, 7+ hour ago (148+ words) July 24 (Reuters) – Smartphone chipmaker Qualcomm told customers it would raise prices by a percentage in the double digits due to rising costs, Bloomberg News reported on Friday, citing a letter sent to clients. Here are some details: • Qualcomm sent the…...
Anthropic rolls out Opus 5 AI model in efficiency upgrade
1+ day, 8+ hour ago (266+ words) SAN FRANCISCO, July 24 (Reuters) – Anthropic on Friday launched Opus 5, its latest AI model that the startup says nears the capabilities of its more powerful cousin Fable 5 at half the price. The San Francisco-based lab said the new Claude AI model…...
US FDA approves over-the-counter Tylenol combination pill for pain relief
1+ day, 10+ hour ago (210+ words) July 24 (Reuters) – The U.S. Food and Drug Administration on Friday approved a nonprescription, fixed-dose pill that combines Kenvue’s Tylenol with the nonsteroidal anti-inflammatory drug naproxen for up to 12 hours of pain relief. • The pill can be used by adults and…...
Taiwan central bank says it has good communications with US Treasury after currency report
1+ day, 7+ hour ago (208+ words) TAIPEI, July 24 (Reuters) – Taiwan’s central bank on Friday emphasised its good relations with the U.S. Treasury Department, in response to the Treasury’s latest semi-annual currency report which included Taiwan on its “monitoring list” along with nine other economies. In…...
German business activity returns to growth after four months, PMI shows
1+ day, 10+ hour ago (340+ words) BERLIN, July 24 (Reuters) – Germany’s private sector has returned to growth in July for the first time in four months, driven by a marked upturn in manufacturing output, a survey showed on Friday, although renewed conflict in the Middle East cast…...
Nvidia, Amkor strike $1.5 billion chip packaging deal
2+ day, 3+ hour ago (195+ words) July 23 (Reuters) – Amkor Technology said on Thursday it had entered a multi-year agreement with Nvidia worth $1.5 billion to expand advanced semiconductor packaging and test capacity in the U.S., as the chip industry races to build out AI infrastructure. Shares…...
Brazil says US tariffs related to forced labor are ‘arbitrary’ and ‘unjustified’
2+ day, 4+ hour ago (234+ words) BRASILIA/SAO PAULO, July 23 (Reuters) – The Brazilian government on Thursday rejected the tariffs imposed by the United States on the South American nation and another 59 trading partners related to forced labor, calling the move “arbitrary” and “unjustified.” “Lacking a legal…...
Intel forecast crushes estimates as AI boom boosts chip demand; shares jump
2+ day, 5+ hour ago (726+ words) By Anhata Rooprai and Stephen Nellis July 23 (Reuters) – Intel forecast quarterly profit and revenue above estimates on Thursday, pushing its shares up 5.2% in after-hours trade and helping prompt the company to boost spending plans over the next two years as…...
Venezuela quakes caused $19.6 billion in damage, World Bank report shows
2+ day, 4+ hour ago (441+ words) WASHINGTON, July 23 (Reuters) – Two earthquakes that rocked Venezuela on June 24 caused $19.6 billion in direct physical damage, but the cost of rebuilding could be twice that much or more, the World Bank said in an early assessment released on Thursday. The…...