Tag: sources
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Trump administration to impose 15% tariff on polysilicon, sources say
WASHINGTON, Aug 5 : The Trump administration is planning to impose a 15 per cent tariff on polysilicon derivative products, sources told Reuters on Tuesday.It also plans to unveil the results of its Section 232 investigation into foreign imports of polysilicon as soon as Thursday, the sources said.
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Major Wall Street firms targeted in attempted cyberattacks, sources say
(This story has been republished to change an incorrect image)By Pritam Biswas, Raphael Satter and Anirban SenNEW YORK, Aug 5 : Hackers attempted a series of sophisticated cyberattacks on major Wall Street financial services firms and money managers in recent days, targeting their information systems,
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Exclusive-JPMorgan CEO Dimon leads new cross-industry effort to tackle AI risks
NEW YORK, Aug 5 : JPMorgan Chase CEO Jamie Dimon is urging corporate leaders to join a U.S.-focused industry group to address risks posed by AI, as corporate America rapidly adopts the developing technology, two sources familiar with the matter said. Dimon has personally reached out to CEOs of other large an
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Citadel buys most of Situational’s stock holdings after AI share rout, sources say
NEW YORK, July 30 : Situational Awareness, an AI-focused hedge fund run by former OpenAI researcher Leopold Aschenbrenner, sold the bulk of its stock portfolio to Ken Griffin’s Citadel after being battered by heavy losses in its tech holdings, two sources familiar with the matter told Reuters on Thursday.
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BOJ on alert to price risks that may lead to faster rate hikes, sources say
Tokyo, July 22 : The Bank of Japan remains on alert to upside inflation risks that could lead to faster interest rate hikes than markets project, said three sources familiar with its thinking.Many central bank policymakers believe the pace and timing of rate hikes cannot be pre-scheduled and they depend much
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PayPal board sees Stripe-Advent offer as inadequate, sources say
(Refiiles to remove duplication of Stripe no comment)By Milana Vinn and Manya SainiJuly 16 : PayPal’s board sees a $53 billion takeover bid by rival Stripe and private equity firm Advent International as undervaluing the company and facing regulatory and financing hurdles, a person familiar with th
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SK Hynix options to trade two business days after Nasdaq debut, sources say
July 10 : U.S. exchange operators including Cboe Global Markets and Nasdaq expect to list options on SK Hynix’s U.S.-listed shares two business days after the stock’s trading debut, two sources familiar with the matter told Reuters on Friday.The South Korean chipmaker , which raised $26.5 billion in share sal
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BOJ may raise growth forecast, maintain vigilance to inflation risk, sources say
TOKYO, July 10 : The Bank of Japan may revise up its economic growth forecast for fiscal 2026 and keep its focus on the risk of an inflation overshoot as rising costs from a weak yen and strong AI demand offset some of the declines in oil prices, said three sources familiar with its thinking.The…
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Synopsys to cut chip fab manufacturing control software in shift to AI design, sources say
SEOUL, July 7 : U.S. chip design giant Synopsys plans to stop offering a suite of manufacturing process control software used by global semiconductor makers, six sources briefed on the matter said, as it seeks to divert resources to higher-margin offerings such as AI design. Synopsys in April and May informed
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Italy reshapes national cloud company as Leonardo, Poste target control, sources say
MILAN/ROME, July 6 : Italian defence group Leonardo is preparing to increase its stake in the company that manages cloud services for Italy’s public administration by acquiring an additional 10 per cent from state-owned IT company Sogei, sources told Reuters.Leonardo, which already owns 25 per cent of the so-
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