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Taiwan's TSMC to invest $2.9 billion in new plant as demand for AI chips soars
Taiwan's TSMC to invest $2.9 billion in new plant as demand for AI chips soars
TSMC, the world's largest chipmaker, says it plans to invest nearly 90 billion New Taiwan dollars ($2.9 billion) to build an advanced chip plant in Taiwan, as it expands production to meet booming demand for artificial intelligence (AI) products.
2023-07-25 16:51
SS Badger, ferry that carries traffic across Lake Michigan, out for season after ramp system damaged
SS Badger, ferry that carries traffic across Lake Michigan, out for season after ramp system damaged
The operators of a historic ferry that carries traffic across Lake Michigan between Michigan and Wisconsin say it is out of service for the rest of the season after its ramp system was damaged in July
2023-08-02 21:21
Fed's rate hike lags are about to bite: McGeever
Fed's rate hike lags are about to bite: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -For the Fed and the U.S. economy, the hard bit starts now. Depending on
2023-07-14 14:53
Morgan Stanley Turns Bearish on Egypt, Warns Risks Building
Morgan Stanley Turns Bearish on Egypt, Warns Risks Building
Morgan Stanley is turning bearish on Egypt as the cash-strapped nation faces what the US bank called “mounting
2023-10-03 15:15
Bank of England forecasts 150 billion pound loss from QE gilt programme
Bank of England forecasts 150 billion pound loss from QE gilt programme
By David Milliken LONDON The Bank of England forecast on Tuesday that it would make a net loss
2023-07-26 00:51
Bank of Canada Now Expected to Cap Rate-Hiking Campaign at 5%
Bank of Canada Now Expected to Cap Rate-Hiking Campaign at 5%
The Bank of Canada will raise borrowing costs by another 25 basis points in coming months before capping
2023-06-23 23:23
North Korea Fires Several Cruise Missiles, Yonhap Reports
North Korea Fires Several Cruise Missiles, Yonhap Reports
North Korea fired several cruise missiles on Saturday, Yonhap said, just days after it shot off a pair
2023-09-02 07:26
China Rate Cut Gives Investors Reason to Buy Yuan Bonds Again
China Rate Cut Gives Investors Reason to Buy Yuan Bonds Again
China’s unexpected decision to cut one of its key short-term policy rates is giving fund managers a reason
2023-06-14 08:51
Workers with Canadian union Unifor vote in favor of Ford contract
Workers with Canadian union Unifor vote in favor of Ford contract
By Nathan Gomes and Mrinmay Dey (Reuters) -Canadian labor union Unifor said on Sunday its members had voted to ratify
2023-09-25 00:58
Netanyahu Is Pulling Back on Judicial Revamp, Urging Market Calm
Netanyahu Is Pulling Back on Judicial Revamp, Urging Market Calm
Israel’s Prime Minister Benjamin Netanyahu said he won’t pursue the entire judicial overhaul originally planned by his government,
2023-08-06 22:57
Teamsters Plan 22,000-Worker Strike at Trucking Firm Yellow
Teamsters Plan 22,000-Worker Strike at Trucking Firm Yellow
The union representing 22,000 workers at Yellow Corp. plans to strike as soon as next week after the
2023-07-19 02:25
AbbVie to buy ImmunoGen for $10.1 billion to boost cancer drug portfolio
AbbVie to buy ImmunoGen for $10.1 billion to boost cancer drug portfolio
AbbVie said on Thursday it will buy drugmaker ImmunoGen for $10.1 billion, boosting its presence in the market
2023-11-30 20:54