Google on Tuesday revealed the details of a new version of its data center artificial intelligence chips and announced an Arm-based , based central processor.
President Joe Biden is seeking to revive interest in a plan to build the first high-speed rail in the U. S. using Japanese bullet trains, with sources saying he is likely to discuss the project with Japan’s prime minister in Washington this week.
Citigroup investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of Citi’s sprawling structure in September, cutting costs by laying off 5,000 employees. Next, they want to see growth in wealth management and investment banking.
Pfizer said on Tuesday its respiratory syncytial virus (RSV) vaccine Abrysvo was well tolerated and generated an immune response in higher risk adults under the age of 60 similar to that in older adults, for whom the shot is already approved.
Microsoft Corp will invest about $2.9 billion over the next two years to boost its artificial intelligence (AI) business in Japan, the Nikkei newspaper reported on Tuesday citing the company president.
Global companies with China businesses are increasingly issuing renminbi debt to finance operations there, as for the first time in six years it has become cheaper to do so rather than raising money in U.S. dollars.
HSBC plans to accelerate the expansion of its wealth business in China despite economic headwinds and is on track to nearly double its headcount by next year, its global wealth head said, as the lender pushes ahead with its Asia pivot strategy.
U.S. stock index futures were flat on Tuesday, as investors refrained from placing large bets ahead of a crucial inflation reading later in the week that could influence the Federal Reserve’s stance on rate cuts this year.
Prices for heavier crude oil along the U.S. Gulf Coast have climbed in recent weeks, trading at a rare near-par with lighter oil, a sign of supply tightness that could add to rising gasoline prices.
