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Qualcomm and Arm kick off trial, potential for huge damages in focus

WILMINGTON, Delaware, Oct 5 : Chipmaker Qualcomm and chip tech firm Arm Holdings, long at loggerheads, began another trial on Monday with Qualcomm accusing Arm of withholding chip testing tools that were due under contract.Qualcomm also…

Qualcomm and Arm kick off trial, potential for huge damages in focus

CNA Economy Full text

Euro drops to 17-month low on France debt concerns

NEW YORK, Oct 5 : The euro stumbled to a 17-month low against the dollar on Monday as concerns about France's ability to tame its budget deficit and a sharp bond market selloff last week boosted fears of a potential…

CNA Economy Full text

Euro sinks to 17-month low on France debt fears

NEW YORK, Oct 5 : The euro stumbled to a 17-month low against the dollar on Monday as concerns about France's ability to tame its budget deficit and a sharp bond market selloff last week boosted fears of a potential sovereign debt crisis…

CNA Economy Full text

Euro hits 17-month low, dollar near pre-Liberation Day highs

NEW YORK, Oct 5 : The euro stumbled to a 17-month low against the dollar on Monday as concerns about France's ability to tame its budget deficit and a sharp bond market selloff last week boosted fears of a potential sovereign debt crisis…

Euro hits 17-month low, dollar near pre-Liberation Day highs

CNA Economy Full text

Euro at 17-month low, dollar near pre-Liberation Day highs

Oct 5 : The euro slid to a 17-month low against the dollar on Monday as concerns about France's ability to rein in its budget deficit and a sharp bond market sell-off last week stirred fears of a return of sovereign debt crisis dynamics in…

Euro at 17-month low, dollar near pre-Liberation Day highs

CNA Economy Full text

Goldman sees US data center growth intact despite opposition

Oct 5 : Rising political opposition to US data centers has limited near-term impact on their rapid expansion, Goldman Sachs said, with its growth outlook through 2027 remaining largely intact.Goldman raised its 2026 year-end US data center…

Goldman sees US data center growth intact despite opposition

CNA Economy Full text

Norway to propose temporary ban on AI glasses in some public places

COPENHAGEN, Oct 5 : Norway's government said on Monday it plans to propose a temporary ban on the use of AI glasses in selected places, saying it is concerned people could be photographed, filmed or audio-recorded without their knowledge…

Norway to propose temporary ban on AI glasses in some public places

CNA Economy Full text

Honda plans highway test of wireless charging for moving trucks

TOKYO, Oct 5 : Japanese automaker Honda Motor said on Monday it has developed technology that can wirelessly charge electric vehicles, including large trucks, while being driven, and plans to test the technology on a Japanese highway. •…

Honda plans highway test of wireless charging for moving trucks

CNA Economy Full text

Schneider Electric to buy US software firm PTC in $22.6 billion deal

Oct 5 : France's Schneider Electric struck its biggest deal ever on Monday, agreeing to buy PTC in an all-cash deal valuing the US software company's equity at around $22.6 billion, it said in a statement.The $205-per-share offer implies…

Schneider Electric to buy US software firm PTC in $22.6 billion deal

CNA Economy Full text

India's IT stocks gain as Accenture outlook lifts sector sentiment

Oct 5 : India's Nifty IT Index rose roughly 1.6 per cent on Monday after IT services firm Accenture forecast stronger-than-expected annual revenue growth, lifting sentiment toward the sector and easing concerns that AI-driven disruption…

India's IT stocks gain as Accenture outlook lifts sector sentiment

CNA Economy Full text

IMF, Sri Lanka strike staff-level pact on funding of $345 million

Oct 4 : The International Monetary Fund said it reached a staff-level agreement with Sri Lanka on the seventh review under its Extended Fund Facility to unlock financing of about $345 million.• The island nation, backed by a $2.9-billion…

IMF, Sri Lanka strike staff-level pact on funding of $345 million

CNA Economy Full text

Japan service sector activity slows from 5-month high, PMI shows

TOKYO, Oct 5 : Japan's service sector expanded at a weaker pace in September as business activity and new orders grew more slowly and earthquake disruption dampened demand, a business survey showed on Monday.• The S&P Global final Japan…

Japan service sector activity slows from 5-month high, PMI shows

CNA Economy Full text

OpenAI's Altman says AI benefits warrant accepting some risks

Oct 4 : OpenAI Chief Executive Sam Altman said the benefits of artificial intelligence justify accepting some risks and argued the technology should remain broadly accessible to the public"We believe that the world should accept some bad…

OpenAI's Altman says AI benefits warrant accepting some risks

CNA Economy Full text

Britain set to levy tariffs on Chinese electric cars, The Times reports

Oct 4 : Britain is considering imposing tariffs on Chinese electric vehicle imports amid concerns that Beijing is flooding the market with state-subsidised cars, the Times newspaper reported on Sunday.Business minister Jonathan Reynolds is…

Britain set to levy tariffs on Chinese electric cars, The Times reports
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