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US, EU eye Chinese legacy chips in renewed semiconductor accord

The United States and the European Union committed to extend by three years their cooperation on identifying disruptions in the semiconductor sector, with a particular emphasis on mainstream "legacy" chips from China.

Global Ports Holding to take over services at Liverpool Cruise Port

London-listed Global Ports Holding on Wednesday signed a 50-year contract to operate cruise services at the Liverpool Cruise Port, betting on the growing Northern European and British and Irish cruise markets.

Indonesia reviews import rules after business group complaints

Indonesia is evaluating regulations designed to curb imports of more than 3,000 products, a senior trade ministry official said on Friday, following industry concerns the rules could disrupt the domestic supply chain and disrupt exports.

Women in UK finance earn a third less than male colleagues, data shows

Some of Britain's top financial firms pay women 28.8% less on average than male counterparts, salary data from 21 companies reviewed by Reuters shows, even though they say they are striving to hire more females for higher-paid, senior roles.

Gold bulls eye more record highs despite lightning gains

An upgraded gold price forecast for 2024 from Nicky Shiels, head of metals strategy at Swiss gold refinery MKS PAMP, drew an unexpected follow-up question this week from market participants. The enquiry was: "Will or can gold 'go cocoa'?"

Why a near-miss cyberattack put US officials and the tech industry on edge

German software developer Andres Freund was running some detailed performance tests last month when he noticed odd behavior in a little known program. What he found when he investigated has sent shudders across the software world and drawn attention from tech executives and government officials.

Italy's top banks narrow share price discount to book value

Italian banks have seen their share prices soar to multi-year highs as rising interest rates turbocharge profits, driving up lending costs while deposit rates lag far behind.

Armani Group company put in receivership amid labour exploitation probe

An Italian court on Friday placed under judicial administration a company owned by Italian fashion group Armani, accused of indirectly subcontracting its production to Chinese companies that exploited workers.

Johnson & Johnson to buy Shockwave Medical for $12.5 bln

Johnson & Johnson on Friday agreed to buy Shockwave Medical for $12.5 billion, in a deal that would help broaden its portfolio of medical devices used in treating heart diseases.

Futures recover after bruising Wall St selloff ahead of payrolls test

U.S. stock index futures gained on Friday, a day after equities slumped on hawkish remarks from Federal Reserve officials, while investors braced for a key jobs report that could help shape the monetary policy outlook.

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