Jitters over AI spending set to grow as US tech giants flood bond market
Tech giants’ bond issuance raises market absorption concerns Investors demand premiums for new tech bond deals AI spending…
Foxconn-Nvidia $1.4 billion Taiwan supercomputing cluster to be ready by H1 2026, Foxconn says
Item 1 of 4 Foxconn Chairman Young Liu gestures at Foxconn’s annual tech day in Taipei, Taiwan, November…
Blue Origin unveils plan for bigger New Glenn rocket variant to take on SpaceX
WASHINGTON, Nov 20 (Reuters) – Jeff Bezos’ space company Blue Origin said on Thursday it will build a…
AI boom brings fresh risks to US markets, and more money to M&A
Citadel’s risk models show modern markets amplify shocks, volatility spikes hit harder McKinsey estimates $7 trillion needed for…
Abbott is weighing takeover of Exact Sciences, Bloomberg News reports
Nov 19 (Reuters) – Medical device maker Abbott Laboratories (ABT.N), opens new tab is nearing a potential takeover…
Hong Kong’s New World Development to reduce $1.3 billion of its debt after early bond swap
HONG KONG, Nov 18 (Reuters) – Embattled New World Development (0017.HK), opens new tab said on Tuesday it…
As wellness trends go upscale, Nestle’s mass-market vitamins lose some shine
Nestle may face challenges in selling underperforming vitamin brands Mass-market vitamins are falling out of favour Consumers prefer…
J&J expands cancer portfolio with $3.05 billion Halda buy
Nov 17 (Reuters) – Johnson & Johnson (JNJ.N), opens new tab said on Monday it would buy privately…
Senegal will pay debts, committed to IMF talks, says finance ministry
Debt concerns rise in sub-Saharan Africa Political tensions could complicate Senegal’s IMF negotiations Senegal’s debt-to-GDP ratio surpasses 130%…
Swiss machine maker feels heat from auto sector slowdown, Trump’s tariffs
Swiss machine maker lays off staff after US tariffs Pfiffner already struggling due to car industry woes Weak…
Google plans $40 billion Texas data center investment amid AI boom
Nov 14 (Reuters) – Alphabet’s Google (GOOGL.O), opens new tab said on Friday it would invest $40 billion…
Switzerland wins US tariff rate cut to 15%, pledges $200 billion in US investments
Swiss government says US tariff rate to fall to 15% from 39% US trade chief Greer says Switzerland…