French Socialists will not back no-confidence vote against Bayrou’s government

PARIS (Reuters) – The French centre-left Socialist party will not back a no-confidence motion against Prime Minister Francois Bayrou’s government, Le Figaro reported on Thursday, citing an intra-party meeting. Dozens of far-left lawmakers have put forward a no-confidence motion against Bayrou, which he is expected to survive amid concessions on pension reform and education that …

French Socialists will not back no-confidence vote against Bayrou’s government Read More »

Shipping giants Maersk and Hapag-Lloyd see no immediate return to Red Sea

By Vera Eckert and Louise Rasmussen FRANKFURT/COPENHAGEN (Reuters) – Two of the world’s top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced. Both companies said they would be closely monitoring the situation in the Middle East …

Shipping giants Maersk and Hapag-Lloyd see no immediate return to Red Sea Read More »

EU imposes anti-dumping tariffs on Chinese sweetener erythritol

By Marine Strauss BRUSSELS (Reuters) – The European Commission said on Thursday it will impose anti-dumping duties on imports of sweetener erythritol from China after finding it was being sold in the European Union at unfairly low prices, threatening the EU’s own industry. The definitive anti-dumping levies range from 34.4% to 233.3%, the Commission said …

EU imposes anti-dumping tariffs on Chinese sweetener erythritol Read More »

TSMC logs record quarterly profit, sees hefty revenue growth in early 2025

By Yimou Lee, Ben Blanchard and Faith Hung TAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co logged record quarterly profit on Thursday and said it expects robust revenue growth in the first three months of the year as demand surges for chips used in artificial intelligence processing. While business is booming, TSMC does face headwinds from U.S. …

TSMC logs record quarterly profit, sees hefty revenue growth in early 2025 Read More »

China probes US chip subsidies over ‘harm’ to Chinese mature node chipmakers

By Eduardo Baptista BEIJING (Reuters) -China will launch an investigation into U.S. government subsidies to its semiconductor sector over alleged harm caused to Chinese mature node chipmakers, the commerce ministry said on Thursday. Unlike the cutting-edge chips that power artificial intelligence models, mature node chips are cheaper, easier to manufacture, and used for less complex …

China probes US chip subsidies over ‘harm’ to Chinese mature node chipmakers Read More »