2+ day, 8+ hour ago   (444+ words) By Yantoultra Ngui and Samuel Shen HONG KONG/SHANGHAI, Sept 11 (Reuters) – Chinese artificial intelligence chipmaker Shanghai Enflame Technology surged about 200% in its Shanghai debut on Friday, after the Tencent-backed company raised 6.12 billion yuan ($912 million) in its initial public ​offering. The…...

2+ day, 12+ hour ago   (89+ words) The Mighty 790 KFGO Pentagon in talks to lend $5 billion to AI cloud startup Fluidstack, WSJ reports Sept 10 (Reuters) – The Pentagon is ​in talks to lend roughly $5 billion to ​AI ⁠cloud-computing startup ⁠Fluidstack to shore up the ​U.S. data-center ⁠supply…...

2+ day, 18+ hour ago   (210+ words) BRUSSELS, Sept 10 (Reuters) – JD.com’s concessions to ease EU subsidy concerns about the Chinese e-commerce giant’s $2.5 ​billion purchase of German electronics retailer ‌Ceconomy have prompted criticism from competitors, people familiar with the matter told Reuters. They said the European Commission,…...

2+ day, 18+ hour ago   (193+ words) WASHINGTON, Sept 10(Reuters) – U.S. wholesale inventories surged in July, the government confirmed on Thursday, potentially positioning ​inventories to contribute to economic growth ‌in the third quarter. Stocks at wholesalers jumped by an unrevised 1.3%, the Commerce Department’s Census Bureau said. Inventories,…...

2+ day, 20+ hour ago   (291+ words) By Elizabeth Howcroft and Phoebe Seers PARIS, Sept 10 (Reuters) – A disconnect between deteriorating macroeconomic conditions and upbeat valuations risks triggering a market drop, the European Union’s ​financial watchdog said on Thursday, citing conflict in ‌the Middle East and rising energy…...

3+ day, 5+ hour ago   (185+ words) SINGAPORE, Sept 10 (Reuters) – Vessel transits at the Strait of Hormuz fell slightly on Wednesday to seven, ​compared with the previous ‌day’s 12, preliminary shiptracking data showed on Thursday, with levels also lower than the 10-day average of 14. Out of these seven,…...

2+ day, 21+ hour ago   (132+ words) The Mighty 790 KFGO S&P 500, Nasdaq futures extend losses slightly after August PPI data Sept 10 (Reuters) – The S&P 500 and Nasdaq ​futures extended losses slightly on Thursday after producer prices data for August. A ​Labor ⁠Department report showed ⁠the Producer…...

2+ day, 23+ hour ago   (527+ words) Sept 10 (Reuters) – Energy and bond markets are on edge once again after U.S. President Donald Trump said the Iran war would not end until after November’s midterm elections. That came amid the most intense attacks on Gulf shipping in the…...

3+ day, 2+ hour ago   (220+ words) Sept 10 (Reuters) – European shares rose on Thursday after their biggest selloff in two months as investors awaited a ​widely forecast interest rate hike from ‌the European Central Bank and comments from chief Christine Lagarde on oil prices and their impact…...

3+ day, 13+ hour ago   (314+ words) NEW YORK, Sept 9 (Reuters) – Private equity firm TPG is exploring the sale of Lyric, in a process that could value the software company which supports payments in the healthcare industry at about $5 billion, people ​close to the discussions said. The…...