Tag: source
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Meta, Anthropic in talks for potential $10 billion compute lease deal, source says
July 17 : Meta Platforms is in talks to lease computing power to Anthropic in a potential deal worth up to $10 billion over two years, according to a source familiar with the matter. Shares of the social media giant pared losses slightly after the news and closed down more than 2 per cent amid…
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Sudan conflict: EU bans gold imports to curb war financing
The ban also restricts exports of mercury and cyanide to Sudan, chemicals widely used in gold mining.
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Samsung Electronics to move up start of chip factory in Yongin to 2029, source says
SEOUL, July 13 : Samsung Electronics aims to bring forward operation of its chip fabrication site in the city of Yongin, south of Seoul, to 2029 from 2030-2031, as the chipmaker seeks to keep up with surging demand for memory chips used in AI infrastructure, a source told Reuters on Monday.Samsung did not imm
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Shein could aim for September or October IPO in Hong Kong, source says
July 10 : Fast-fashion retailer Shein is likely to aim for its Hong Kong initial public offering in September or October, said a source familiar with the situation, after the company won approval from the Chinese securities regulator on Friday. Shein has indicated it could sell up to 8 per cent of its shares
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Spain wildfire latest: At least 11 dead as crews battle to contain blaze
A local official says early indications suggest four of the victims of the fire in Los Gallardos, Almería, are British.
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SK Hynix US listing more than seven times oversubscribed, source says
SEOUL, July 9 : Demand for SK Hynix’s $28 billion U.S. share sale was more than seven times available shares, a person familiar with the matter said, underscoring huge investor appetite for one of the most important companies in the AI supply chain.The offering from the South Korean chipmaker, which will fina
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SK Hynix to bring ADR funds to South Korea by around July 15, source says
SEOUL, July 7 : SK Hynix is expected to bring U.S. dollars into the country by around July 15, converting a part of the funds it raises in its offering of American depositary receipts (ADRs) into the won, a source familiar with the matter said on Tuesday.The South Korean chipmaker launched a U.S. share sale…
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Funeral procession for Iran’s former Supreme Leader Ayatollah Ali Khamenei begins journey through Tehran
The late ayatollah was killed in US-Israeli air strikes in February – his funeral began on Friday, with events planned across Iran and Iraq over the coming week.
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FIFA to stick to schedule for Mexico v England game, source says
NEW YORK, July 3 : FIFA will keep the scheduled kickoff time for Sunday’s World Cup last-16 match between Mexico and England, despite earlier concerns that severe weather could force changes, a source familiar with the discussions told Reuters.Mexico v England at the Azteca Stadium will remain at 6 p.m. loc
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India issues notice to Telegram, Signal on concerns over usernames, source says
July 3 : India has issued notices to messaging platforms Telegram and Signal over concerns that their username features could facilitate impersonation and other forms of misuse, a government source said on Friday, escalating the country’s scrutiny of user-anonymity tools on digital platforms.Here are some det
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