Business

Chevron files request to acquire offshore Greek block, energy ministry says

Thursday, May 28 by SRN News

ATHENS, May 28 (Reuters) - U.S. oil major Chevron has filed an official request to take over a 70% stake from Greece's Helleniq Energy in an offshore block west of Greece, the Greek energy ministry said on Thursday. (Reporting by Angeliki KoutantouEditing by... Read More.

Taiwan says US has no timetable for chip tariffs, preferential terms already agreed

Thursday, May 28 by SRN News

TAIPEI, May 28 (Reuters) - The U.S. has no timetable for levying Section 232 tariffs on semiconductors but preferential terms have already been agreed under a January trade deal, Taiwan Vice Premier Cheng Li-chiun said on Thursday. • The U.S. is removing or cutting some... Read More.

Exclusive-ByteDance developing custom CPU chips to support AI rollout, sources say

Thursday, May 28 by SRN News

By Liam Mo and Fanny Potkin BEIJING/PARIS, May 28 (Reuters) - Chinese technology giant ByteDance is developing its own central processing units (CPUs) to support its growing AI infrastructure needs, three people familiar with the matter said, as surging chip prices and prolonged supply shortages... Read More.

In a tourist-friendly move, China’s Tencent to allow PayPal payments through its WeChat networks

Thursday, May 28 by SRN News

HONG KONG (AP) - PayPal users will be able to make cashless payments in China using QR codes through Tencent's WeChat Pay's extensive merchant network, the Chinese technology giant says, in a move calibrated to attract more foreign tourists. Apart from social media and messaging,... Read More.

France moves to repeal Code Noir, the slavery law it never abolished

Thursday, May 28 by SRN News

PARIS (AP) - For nearly two centuries after France abolished slavery, the colonial-era law that classified humans as property remained quietly in place. On Thursday, lawmakers will finally move to eliminate it. The bill, expected to be adopted by the National Assembly, will repeal Code... Read More.

Australia sues 3M for $1.4 billion over PFAS ‘forever chemicals’ contamination

Thursday, May 28 by SRN News

By Christine Chen SYDNEY, May 28 (Reuters) - The Australian government said on Thursday it had launched legal action against 3M over contamination from firefighting foam supplied by the U.S. company that contained PFAS, or "forever chemicals", seeking more than A$2 billion ($1.43 billion) in... Read More.

China’s auto industry is unlikely to return to ‘golden era,’ NIO CEO says

Thursday, May 28 by SRN News

By Ju-min Park and Qiaoyi Li BEIJING, May 28 (Reuters) - China's auto industry has likely moved past its "golden era," NIO Chief Executive William Li said on Thursday, as a downturn in domestic car sales extended into May. A rebound in the world's largest auto... Read More.

Fed’s Jefferson says he is focusing on inflation as US labour market ‘very resilient’

Thursday, May 28 by SRN News

By Leika Kihara TOKYO, May 28 (Reuters) - Federal Reserve Vice Chair Philip Jefferson said on Thursday it was appropriate to focus on returning inflation to the central bank's 2% target given the U.S. labour market has been "very resilient" to the current energy shock. "When... Read More.

Singapore Airlines and Air New Zealand to expand joint network as travel demand grows

Thursday, May 28 by SRN News

May 28 (Reuters) - Singapore Airlines said on Thursday that it would expand its joint network between New Zealand and Singapore with Air New Zealand to meet growing travel demand between the two countries alongside key markets across Asia and Europe. The expanded network... Read More.

Kuwait says it faces a missile and drone attack as shaky ceasefire in Iran war again challenged

Thursday, May 28 by SRN News

DUBAI, United Arab Emirates (AP) - Kuwait said it faced a missile and drone attack Thursday as the shaky ceasefire in the Iran war was again challenged after the United States conducted strikes targeting Iran and Tehran said it responded with an attack of... Read More.

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Current Weather

Chevron files request to acquire offshore Greek block, energy ministry says

Taiwan says US has no timetable for chip tariffs, preferential terms already agreed

Exclusive-ByteDance developing custom CPU chips to support AI rollout, sources say

In a tourist-friendly move, China’s Tencent to allow PayPal payments through its WeChat networks

France moves to repeal Code Noir, the slavery law it never abolished

Australia sues 3M for $1.4 billion over PFAS ‘forever chemicals’ contamination

China’s auto industry is unlikely to return to ‘golden era,’ NIO CEO says

Fed’s Jefferson says he is focusing on inflation as US labour market ‘very resilient’

Singapore Airlines and Air New Zealand to expand joint network as travel demand grows

Kuwait says it faces a missile and drone attack as shaky ceasefire in Iran war again challenged

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