Zelensky says the first grain ship “nothing” and the economy is in a coma

Inspection of a ship carrying grain from Ukraine in Turkey The shipment is the first of its kind to leave Ukraine in wartime But the Ukrainian leader says more is needed Kyiv urgently needs to ship 10 million tons to cut the deficit Kyiv/ISTANBUL (Reuters) – Ukrainian President Volodymyr Zelensky denied the significance of his … Read more

As the US looks to impose new restrictions on China’s chips, turmoil looms in global markets

Any US export block may affect global chip supply analysts This move will hinder Samsung and SK Hynix from upgrading China factories Samsung and SK Hynix together provide more than 50% of global NAND chips Constraints could change as future chip factories are built – Analyst SEOUL (Reuters) – Export restrictions Washington is considering to … Read more

Russia accuses the United States of a direct role in the Ukraine war, grain ships docked off the Turkish coast

Official says Ukraine is consulting with the US on the use of HIMARS bombers The suspension prompts the Kremlin to accuse the United States of direct involvement Ukraine’s first wartime grain export ship arrives in the Bosphorus strait US sanctions target ex-Olympic gymnast seen as close to Putin ISTANBUL/LONDON (Reuters) – Russia on Tuesday accused … Read more

Twitter inquires banks about Musk’s attempts to undermine a $44 billion deal

Elon Musk’s Twitter profile is seen on a smartphone placed on the Twitter logos printed in this illustration taken on April 28, 2022. REUTERS/Dado Ruvic/Illustration Register now to get free unlimited access to Reuters.com Register WILmington, Dell, Aug. 2 (Reuters) – Twitter Inc. (TWTR.N) Legal experts said Elon Musk is trying to find evidence that … Read more

Antitrust watchers go big on drama, light on plot

Penguin’s books are seen in a second-hand bookshop in central London on October 29, 2012. Britain’s Pearson has agreed to merge its Penguin book division with Bertelsmann’s Random House to create the world’s leading consumer publishing house, in apparent disdain for Rupert Murdoch’s News Corp. REUTERS / Stefan Wermot Register now to get free unlimited … Read more

Stephen King will strike in favor of the US government in a case against book publishing and mass merger

WASHINGTON (Reuters) – The U.S. Department of Justice asked a federal judge on Monday to block the merger of two “Big Five” book publishers, Penguin Random House and Simon & Schuster, in a trial expected to draw distinctive testimony from horror writer Stephen King. “It’s real money for real people,” said John Reed, an attorney … Read more

Global stocks eye the best month since late 2020, as the dollar drops

The MSCI World Index rose 0.3%; Almost 6% for the month The dollar is falling again against its peers as traders look to the data Eurozone GDP data beat expectations; clouds ahead LONDON (Reuters) – Global stocks rose on Friday, on track for their best month since late 2020, as euro zone growth beat expectations, … Read more

Samsung warns of weak demand for chips for phones and computers as people shop less

Samsung Electronics’ logo appears in its office building in Seoul, South Korea, March 23, 2018. REUTERS/Kim Hong Ji Register now to get free unlimited access to Reuters.com Register Server customers may have to adjust inventory in the event of a recession – Samsung official H2 foldable phone sales aim to surpass the previous flagship Strong … Read more

Exclusive EU found evidence that employees’ phones were hacked with spy message

(Reuters) – The European Union’s chief justice official said in a letter seen by Reuters that the European Union had found evidence that smartphones used by some of its employees had been hacked by an Israeli company’s spyware. In a July 25 letter sent to European lawmaker Sophie at ‘t Veld, EU Justice Commissioner Didier … Read more

Microsoft is allaying market concerns by anticipating strong revenue growth

The Microsoft logo appears in Los Angeles, California, US, November 7, 2017. REUTERS/Lucy Nicholson Register now to get free unlimited access to Reuters.com Register July 26 (Reuters) – Microsoft Corporation (MSFT.O) On Tuesday, it forecast revenue this fiscal year to grow by double digits, driven by demand for cloud computing services and sending stocks up … Read more