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Exclusive-India data centre firm Yotta’s Nvidia AI chip orders to reach $1 billion -CEO

By Aditya Kalra GANDHINAGAR, India (Reuters) – Indian data centre operator Yotta’s plans to purchase more AI chips from its partner Nvidia will be worth $500 million, taking its total order book with the U.S. firm to $1 billion as Yotta beefs up AI cloud services, its chief executive told Reuters. Yotta said last month that it …

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NASDAQ talks to India about overseas listings for local companies

(This Jan. 10 story has been officially corrected to remove reference to QQQ after Knight said he was speaking in general terms, not specifically referring to QQQ, in paragraph 12) By Dhwani Pandya GANDHINAGAR, India (Reuters) – U.S. stock exchange Nasdaq has held talks with Indian authorities on potentially allowing local Indian companies to list …

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China, Taiwan opposition warn of threat to peace from ruling party candidate

By Ryan Woo and James Pomfret BEIJING/TAIPEI (Reuters) -China and Taiwan’s largest opposition party, the Kuomintang (KMT), warned on Thursday of the danger Taiwan’s ruling party presidential candidate Lai Ching-te could pose to peace if he wins election this weekend. Taiwan will hold a pivotal presidential and parliamentary election on Saturday, which is being closely …

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US urges China not to interfere in Taiwan elections

By Trevor Hunnicutt and Michael Martina WASHINGTON (Reuters) -The United States opposes any outside interference or influence in Taiwan’s upcoming presidential and parliamentary elections and plans to send an unofficial delegation to the self-governed island following the polls, a senior Biden administration official said on Wednesday. The delegation is likely to include some former high-ranking …

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India’s Infosys Q3 profit misses view, tightens FY rev forecast on weak demand

By Haripriya Suresh BENGALURU (Reuters) -India’s Infosys tightened its full-year revenue forecast on Thursday after reporting its first year-on-year drop in quarterly profit in over four years and missing expectations on sluggish demand from clients. The $245-billion information technology (IT) sector, which had gained immensely from a pandemic-induced digital services boom, has been struggling in …

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Israel lashes back at World Court genocide case; Gazans return to wasteland in north

By Mohammed Salem, Nidal al-Mughrabi and Anthony Deutsch GAZA/THE HAGUE (Reuters) -Israel faced down accusations at the World Court on Thursday of genocide in its war in Gaza, as the first residents returned to scenes of total devastation in the north of the enclave where Israeli forces have begun withdrawing this week. Three months of …

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Trump says he knows his VP pick, conditions NATO commitment on European treatment

By Nathan Layne DES MOINES, Iowa (Reuters) -Donald Trump said on Wednesday that he knows who he wants for his running mate in the 2024 race for president and that his commitment to the NATO alliance will depend on how Europeans treat the United States. The frontrunner for the Republican nomination, Trump was asked by …

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House Republicans move toward holding Hunter Biden in contempt of Congress

By Makini Brice WASHINGTON (Reuters) – U.S. House Republicans on Wednesday moved toward holding Hunter Biden in contempt of Congress for not testifying in their impeachment probe of his father President Joe Biden, after he set off pandemonium with an unexpected Capitol appearance. Republican lawmakers in both the House Oversight and Judiciary committees held the …

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