By Toby Sterling and Nathan Vifflin AMSTERDAM, Oct 15 (Reuters) – In April, computer chip equipment maker ASML’s CEO Christophe Fouquet told shareholders that Europe’s most valuable company would avoid becoming the chip industry’s bottleneck “by all possible means”. Six months later, Fouquet acknowledged ASML’s…
By Lucia Mutikani WASHINGTON, Oct 15 (Reuters) – US producer prices increased by the most in 4-1/2 years in September amid rising costs for goods and services, the latest indication of inflation broadening out beyond energy products. The report from the Labor Department on Thursday…
WASHINGTON, Oct 15 (Reuters) – The head of the US Postal Service said Thursday the agency is “absolutely ready” to handle millions of ballots for the Nov. 3 mid-term elections that will determine control of the U.S. Congress and other key races. “Everybody is engaged…
By Will Dunham Oct 15 (Reuters) – The bones of a Neanderthal from a cave in Iraq’s Kurdistan region are offering evidence of both violence and compassion in the closest evolutionary cousins of our species, exhibiting a wound apparently from a fatal spear attack as…
Oct 15 (Reuters) – US holiday sales growth is expected to accelerate to 4.2% this year, the National Retail Federation said on Thursday, betting that consumers would remain resilient even as major retailers flag spending pressures. “This year’s forecast reflects our confidence that consumers will…
WASHINGTON, Oct 15 (Reuters) – US business inventories increased moderately in August amid strong sales growth, government data showed on Thursday. Inventories rose 0.4% after surging 0.9% in July, the Commerce Department’s Census Bureau said. The increase in inventories, a key component of gross domestic…
President Donald Trump is continuing his midterm campaign blitz after rallies in Arizona and Montana, where he sought to energize Republican voters and boost candidates in key races. House Democrats are laying out an ambitious 100-day agenda if they retake the majority, focusing on affordability,…
Oct 15 (Reuters) – The editor-in-chief of Russian independent newspaper Novaya Gazeta was questioned by investigators in Moscow on Thursday in connection with a criminal case against a colleague, the outlet said. The TASS state news agency, citing law enforcement sources, said Sergei Sokolov was…
Oct 15 (Reuters) – A selloff in US technology stocks and their bonds intensified on Thursday as high borrowing costs put the financing behind AI’s massive infrastructure buildout under growing scrutiny. CoreWeave’s bonds have sunk to distressed levels, US chipmakers have shed nearly $2 trillion…
ANKARA, Oct 15 (Reuters) – Turkey will probably hold its 2028 elections earlier than expected, a presidential adviser said on Thursday, a move which would allow President Tayyip Erdogan to sidestep constitutional limits and run again for office. The next presidential and parliamentary votes are…