Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Samsung Elec plans to produce Tesla chips starting late 2027
SEOUL, March 18 (Reuters) - Samsung Electronics said on Wednesday that it expects to start volume production of Tesla's chips at Samsung's factory in Texas in the second half of next year. The comment...
Mar 17, 2026
Asian stocks rally as oil retreats, Fed in spotlight
By Stella Qiu SYDNEY, March 18 (Reuters) - Asian shares rallied on Wednesday as oil prices paused gains, with markets turning to the U.S. Federal Reserve meeting to see how policymakers will balance g...
Mar 17, 2026
Elliott Management confirms stake in Japan shipper Mitsui OSK
March 18 (Reuters) - Elliott Investment Management said on Wednesday that it has a built a "significant" investment in Japanese shipping company Mitsui OSK Lines, confirming an earlier Reuters report....
Mar 17, 2026
Nvidia gets Beijing's nod for H200 chip sales, adapts Groq chip for China, sources say
By Karen Freifeld, Max A. Cherney and Liam Mo NEW YORK, March 17 (Reuters) - Nvidia has won Beijing's approval to sell its second-most powerful artificial intelligence chips to China and is also prepa...
Mar 17, 2026
AMD CEO Lisa Su to visit Samsung chip plant in South Korea, discuss expanding ties, source says
SEOUL, March 18 (Reuters) - Advanced Micro Devices CEO Lisa Su is set to visit Samsung Electronics' chip production site in Pyeongtaek, South Korea on Wednesday, where she will tour production lines a...
Mar 17, 2026
Oil prices fall over $2 as Iraqi and Kurdish authorities agree to export deal
By Sam Li and Siyi Liu BEIJING/SINGAPORE, March 18 (Reuters) - Oil prices fell more than $2 per barrel on Wednesday to pare some of Tuesday's sharp gains after the Iraqi government and Kurdish authori...
Mar 17, 2026
Samsung CEO seeks multi-year chip contracts with major customers
By Hyunjoo Jin and Heekyong Yang SUWON, South Korea, March 18 (Reuters) - Samsung Electronics co-CEO said the chipmaker is working with major customers to shift to multi-year contracts of three-to-fiv...
Mar 17, 2026
Trump administration defends Anthropic blacklisting in US court
(Corrects media key words to USA-PENTAGON/ANTHROPIC, previously USA-PENTAGON/USA) By Jack Queen NEW YORK, March 17 (Reuters) - The Trump administration said in a Tuesday court filing that the Pentagon...
Mar 17, 2026
Asia demand powers Japan's exports for sixth month as Iran war risks grow
By Makiko Yamazaki TOKYO, March 18 (Reuters) - Japan's exports rose for a sixth straight month, data showed on Wednesday, pointing to resilient global demand, although industrial supply chain disrupti...
Mar 17, 2026
Dollar steadies as oil rally cools, lifting risk sentiment
By Rocky Swift and Satoshi Sugiyama TOKYO, March 18 (Reuters) - The dollar took a breather on Wednesday as easing crude oil prices sparked a glimmer of risk appetite in the markets ahead of a slate of...
Mar 17, 2026
