SK Hynix to start construction of new wafer packing plant in US early next year – sources

SK Hynix’s corporate logo at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong Ji Register now to get free unlimited access to Reuters.com Register Two people familiar with the matter said South Korea’s SK Hynix aims to pick a US site for its high-end wafer packaging plant and start work there around … Read more

Amid global concern, Ukraine and Russia have traded blame for attacks on nuclear plants

Kyiv warns of a Chernobyl-style catastrophe until the area is secured The 2 sides assist the go to of the nuclear inspectors UN Guterres says any assault on nuclear plant is ‘suicidal’ Two Ukrainian grain ships go away ports, 12 since final week Kyiv (Reuters) – Worldwide concern over the weekend bombing of Ukraine’s Zaporizhzhya … Read more

Dollar falls as currency markets pull back from Friday’s moves

Greenback dips Aussie, Kiwi and Pound good points Merchants 69% count on the Fed to rise by 75 foundation factors in September LONDON (Reuters) – The greenback fell on Monday, shedding some good points from Friday’s US jobs knowledge, as forex markets rolled again their preliminary response and waited for inflation knowledge on Wednesday to … Read more

How Neuroflow improved the mental health of Trinity Health nurses

Trinity Well being Mid-Atlantic Partnership with a psychological well being program supplier Neuroflu Final August to alleviate the well being care burnout disaster by Present nurses With a Philadelphia-based startup know-how firm. A yr later, companions say extra hospitals ought to launch initiatives like these, as nurses who used NeuroFlow observed a fast and constructive … Read more

US labor market defies recession fears as job growth picks up in July

Nonfarm payrolls elevated 528,000 in July The unemployment fee fell to three.5% from 3.6% in June Common hourly earnings are up 0.5%; 5.2% year-over-year enhance Participation fee fell to 62.1% from 62.2% in June WASHINGTON (Reuters) – U.S. job development unexpectedly accelerated in July, elevating employment above its pre-pandemic degree and pouring chilly water on … Read more

Twitter rejects Musk’s claims that he was deceived

Elon Musk’s Twitter profile is seen on a smartphone positioned on the Twitter logos printed on this illustration taken on April 28, 2022. REUTERS/Dado Ruvic/Illustration // File Photograph Register now to get free limitless entry to Reuters.com Register New York (Reuters) – Twitter Inc (TWTR.N) On Thursday, he dismissed Elon Musk’s allegations in a Delaware … Read more

Weekly unemployment claims are rising in the US, but the labor market remains tight

Weekly unemployment claims elevated from 6,000 to 260,000 Persevering with claims rise 48000 to 1.416 million The commerce deficit shrank 6.2% to $79.6 billion in June WASHINGTON (Reuters) – The variety of Individuals submitting new claims for unemployment advantages elevated final week, indicating some slackening within the labor market, though total circumstances stay tight. This … Read more

Stocks steady as markets bet on Bank of England massive rally

Market bets on a 50 foundation level BoE hike Fed official: 50 foundation factors enhance in September ‘affordable’ Oil bounces again from six-month low Lufthansa returns to working revenue Credit score Agricole sees income hovering LONDON (Reuters) – Sturdy earnings at Credit score Agricole and Lufthansa lifted shares on Thursday as stress over Nancy Pelosi’s … Read more

Zelensky says the first grain ship “nothing” and the economy is in a coma

Inspection of a ship carrying grain from Ukraine in Turkey The cargo is the primary of its sort to depart Ukraine in wartime However the Ukrainian chief says extra is required Kyiv urgently must ship 10 million tons to chop the deficit Kyiv/ISTANBUL (Reuters) – Ukrainian President Volodymyr Zelensky denied the importance of his nation’s … Read more

As the US looks to impose new limits on China’s chips, turmoil looms in global markets

Any US export block could have an effect on international chip provide analysts This transfer will hinder Samsung and SK Hynix from upgrading China factories Samsung and SK Hynix collectively present greater than 50% of worldwide NAND chips Constraints may change as future chip factories are constructed – Analyst SEOUL (Reuters) – Export restrictions Washington … Read more