Author Archives: Syndicated Content
AI 'chipflation' spreading from data centers to wider economy, Morgan Stanley warns
By Kanishka Ajmera and Aditya Soni June 3 (Reuters) - Soaring memory chip prices driven by massive AI demand risk stoking "chipflation," Morgan Stanley analysts cautioned, as makers of devices from sm...
Thomson Reuters 10h ago
Lockheed shoots down test drone using container-launched missile
June 3 (Reuters) - Defense major Lockheed Martin said on Wednesday that it had successfully launched a missile from a shipping container and intercepted a test drone amid rising demand for low-cost co...
Thomson Reuters 10h ago
Trump confirms he called Netanyahu crazy in phone call
By Doina Chiacu WASHINGTON, June 3 (Reuters) - U.S. President Donald Trump acknowledged having called Israeli Prime Minister Benjamin Netanyahu crazy in an expletive-filled phone exchange over fightin...
Thomson Reuters 10h ago
US private payrolls rise broadly in May
WASHINGTON, June 3 (Reuters) - U.S. private payrolls increased broadly in May, but economists cautioned against viewing the rise as a sign of a strengthening labor market, noting that other indicators...
Thomson Reuters 10h ago
Philippines probes possible new structure at disputed Scarborough Shoal
MANILA, June 3 (Reuters) - A special Philippine task force said on Wednesday that it is investigating reports of an alleged new structure on the disputed Scarborough Shoal in the South China Sea, addi...
Thomson Reuters 10h ago
EU plans energy standards for data centres amid concerns over soaring power use
By Kate Abnett BRUSSELS, June 3 (Reuters) - The European Union will develop minimum energy-efficiency standards for data centres, it said on Wednesday, as concerns grow over their rapidly rising power...
Thomson Reuters 10h ago
DOJ investigating ex-US lawmaker Santos for insider trading on Kalshi, source says
By Anirban Sen and Prakhar Srivastava June 3 (Reuters) - U.S. federal regulators are investigating whether former congressman George Santos engaged in potential insider trading on prediction markets p...
Thomson Reuters 10h ago
Indonesia arrests officials over alleged corruption in free meals programme
By Ananda Teresia JAKARTA, June 3 (Reuters) - Indonesian authorities arrested the recently dismissed head of an agency overseeing President Prabowo Subianto's flagship free meals programme on Wednesda...
Thomson Reuters 10h ago
EU targets Big Tech dependence with 'made-in-Europe' drive
By Foo Yun Chee BRUSSELS, June 3 (Reuters) - The European Commission proposed laws on Wednesday to boost domestic cloud, AI and semiconductor industries and cut reliance on U.S. Big Tech, defying U.S....
Thomson Reuters 10h ago
Scientists reveal Ötzi the Iceman's dynamic microbial world
By Will Dunham June 3 (Reuters) - tzi the Iceman died violently roughly 5,300 years ago in the Alpine region of the modern border between Italy and Austria. An arrowhead was found lodged in his left s...
Thomson Reuters 11h ago
