By Heekyong Yang and Joyce Lee SEOUL (Reuters) -SK Hynix flagged plans to boost spending this year after posting on Thursday a record quarterly profit, as the Nvidia (NASDAQ:NVDA) supplier seeks to alleviate investor concerns about slowing growth for artificial intelligence chipsets. The South Korean chipmaker said demand growth would be driven by new model launches by customers and that it was o ...
By Sarah Morland MEXICO CITY (Reuters) -Becle, the world’s largest tequila producer, posted a fourfold rise in second-quarter profit on Wednesday, bolstered by foreign currency exchange gains even as thirst for its spirits dipped in its largest market. Net profit hit 2 billion pesos ($106.6 million), above the 1.8 billion pesos estimated by analysts polled by LSEG, while revenue edged 2.8% highe ...
(Reuters) -The United States will stop distributing all influenza vaccines that contain mercury-based preservative thimerosal, marking the latest move by U.S. Health Secretary Robert F. Kennedy Jr. to reshape vaccine policy. Last month, a vaccine panel with members handpicked by Kennedy voted in favor of Americans receiving seasonal flu shots that are free from thimerosal, despite decades of stud ...
Investing.com -- The European Union is preparing to impose 30% tariffs on approximately €100 billion ($117 billion) worth of US goods if no deal is reached and if US President Donald Trump follows through on his threat to place that rate on most EU exports after August 1, according to a report from Bloomberg. The European Commission spokesman announced Wednesday that as part of an initial ...