U.S. sanctions are dismantling what remains of Lukoil's Litasco, once Russia's biggest oil trader and a rival to top Swiss houses and oil majors, five sources told Reuters.
South Korea's antitrust regulator visited the Seoul offices of Arm Holdings , this week as part of ongoing scrutiny of the company's licensing practices, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Arm on Monday said that central processing units based on its technology will be able to integrate with AI chips using Nvidia's NVLink Fusion technology. The move will make it easier for customers of both companies to pair Arm-based Neoverse CPUs with Nvidia's dominant graphics processing units.
Investors have become conditioned to buy dips in stocks since the Global Financial Crisis, a belief reinforced by the government's aggressive market support during the COVID-19 pandemic. The 2018 bear market?
The explosion in the value of artificial intelligence stocks poses risks to global markets for which there is "no playbook", the CEO of Deutsche Bank's 1.1 trillion euro ($1.3 trillion) money manager DWS told Reuters, amid growing concerns that the sector is in a bubble.
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