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ACAPULCO, Mexico, Oct 29 (Reuters) - Mexico's government on Sunday intensified efforts to get the stricken coastal city of Acapulco back on its feet as the toll of dead and missing from a record-breaking hurricane that ravaged the iconic beach resort continued to rise. POLITICAL FALLOUT[1/7]Damaged boats are seen at the Caleta beach in the aftermath of Hurricane Otis, in Acapulco, Mexico, October 29, 2023. Former President Felipe Calderon, a longstanding adversary of Lopez Obrador, accused his administration of trying to exploit the situation by "rebranding" boxes of private aid contributions to Acapulco as "government" donations. Lopez Obrador said he expected electricity to be fully restored in the city by Tuesday. Reporting by Josue Decavele, Jose Cortes and Alexandre Meneghini in Acapulco; Daina Beth Solomon in Mexico City; Editing by Dave Graham, Marguerita Choy and Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.
Persons: Hurricane Otis, Otis, Andres Manuel Lopez Obrador, Lopez Obrador, Blanca Estela Morales, Quetzalli, Lopez, Felipe Calderon, Jesus Ramirez, Calderon, Guerrero, Evelyn Salgado, Luis Cresencio Sandoval, Sandoval, Josue Decavele, Jose Cortes, Alexandre Meneghini, Beth Solomon, Dave Graham, Marguerita Choy, Lisa Shumaker Organizations: REUTERS, . Defense, National Guard, Thomson Locations: ACAPULCO, Mexico, Acapulco, Hurricane, Mexican, Mexico's, Guerrero, Mexico City
SANTIAGO, Oct 29 (Reuters) - Peru's Kimberly Garcia won gold in the Pan American Games women's 20 kilometre race walk on Sunday but her time was voided after it was discovered the course was several kilometres short. Ecuador's Glenda Morejon took silver and Peru's Evelyn Inga bronze after completing a route which athletes believe was about 3km short. With women's event completed and the men's race about to get underway organisers delayed the start for over an hour to quickly remeasure the route to the official distance. Ecuador's Alexander Hurtado would win the men's gold in 1:19.20 just four seconds ahead of world championship bronze medallist Caio Bonfim of Brazil. "The expert commissioned by APA, Mr. Marcelo Ithurralde, did not take accurate measurements of the route the athletes took during the race.
Persons: SANTIAGO, Peru's Kimberly Garcia, Garcia, Ecuador's Glenda Morejon, Evelyn Inga bronze, Ecuador's Alexander Hurtado, Caio Bonfim, Marcelo Ithurralde, Steve Keating Organizations: Pan American, Lima Pan Am, Pan American Athletics Association, APA, Pan American Sport Organisation, Thomson Locations: Lima, Brazil, Parque O'Higgins, Santiago
Britain, France stress need to get aid into Gaza
  + stars: | 2023-10-29 | by ( ) www.reuters.com   time to read: +1 min
Smoke rises over Gaza, as seen from Israel's border with Gaza, in southern Israel October 29. Sunak and Macron have both visited Israel and neighbouring countries since the deadly rampage by Hamas gunmen in Israel early this month that triggered the conflict. "The leaders stressed the importance of getting urgent humanitarian support into Gaza. "They expressed their shared concern at the risk of escalation in the wider region, in particular in the West Bank." Reporting by Andrew MacAskill and Michel Rose Editing by Bernadette Baum and Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Evelyn Hockstein, Rishi Sunak, Emmanuel Macron, Downing, Sunak, Andrew MacAskill, Michel Rose, Bernadette Baum, Hugh Lawson Organizations: REUTERS, British, West Bank, Hamas, Thomson Locations: Gaza, Israel
Dimon and his family intend to sell 1 million of their 8.6 million shares, according to the filing. That is a tiny percentage of the shares outstanding in JPMorgan which has a market capitalization exceeding $409 billion, according to LSEG data. Dimon has no current plans to sell more stock, but could consider doing so in the future, the spokesman added. Shares of JPMorgan slid more than 3%, falling with peers Bank of America (BAC.N), Citigroup (C.N) and Wells Fargo (WFC.N). So far this year, JPMorgan shares have risen 1.4%, outperforming the S&P 500 Banks Index (.SPXBK), which has declined 18%.
Persons: JPMorgan Chase, Jamie Dimon, Dimon, Octavio Marenzi, Marenzi, they're, Schumer, Evelyn Hockstein, Wells, Brian Mulberry, Mulberry, Ben Silverman, Mike Mayo, James Gorman, Morgan Stanley, Peter Orszag, Dave Ellison, Hennessy, Scott Siefers, Piper Sandler, Siefers, Niket, Lananh Nguyen, Nupur Anand, Shilpi Majumdar, Shinjini Ganguli, Mike Harrison, Jonathan Oatis Organizations: JPMorgan, First Republic Bank, Forbes, U.S, Capitol, REUTERS, Bank of America, Citigroup, Zacks Investment Management, Wells, Wall Street, Lazard, Hennessy Funds, Banks, Thomson Locations: U.S, America, Washington , U.S, Wells Fargo, Bengaluru, Lananh, New York
U.S. President Joe Biden has demonstrated unwavering support for Israel's security over a half century in public life. During Blinken's six-day trip, the death toll in Gaza soared from Israeli air strikes and concerns grew about food and water. Every Arab leader Blinken met in the region pressed him to urgently find a solution to the rapidly deteriorating situation in Gaza. HUMANITARIAN PAUSEThe most rapid shift in U.S. policy has happened this week, to support a cessation in Israel's attacks on Gaza to allow aid in and people to escape. But Biden also expressed skepticism toward Palestinian estimates of the death toll and a continued staunch support of Israel.
Persons: Joe Biden, Biden, Benjamin Netanyahu, Evelyn, Aaron David Miller, Barack Obama, Biden’s, Obama, Antony Blinken, Blinken, John Kirby, Kirby, Antonio Guterres, , Steve Holland, Phil Stewart, Matt Spetalnick, Humeyra Pamuk, Trevor Hunnicutt, Michelle Nichols, Heather Timmons, Alistair Bell Organizations: Israeli, Hamas, REUTERS, White, U.S, Carnegie Endowment, International Peace, Democratic, Biden's Democratic, Israel, Palestinian, West Bank, Thomson Locations: Israel, Tel Aviv, WASHINGTON, Gaza, Iraq, United States, U.S, U.N
BEIJING — Chinese smartphone and appliance maker Xiaomi announced late Thursday a new operating system — as it seeks to develop its ecosystem with the imminent release of its own car. Xiaomi shares rose more than 1% in Hong Kong trade Friday morning, building on gains of more than 20% for the year so far. The new system, called HyperOS, is set to reach consumers Oct. 31 when Xiaomi's latest phones, wearables and TV sets begin sales in China. "The system marks a pivotal move forward in Xiaomi's strategic vision of delivering the 'Human x Car x Home' smart ecosystem," the company said in a release. CEO and founder Lei Jun said on Chinese social media Wednesday that Xiaomi would release its car in the first half of next year.
Persons: Lei Jun Organizations: Xiaomi Locations: BEIJING, Hong Kong, China
That's despite the company's release of a popular new smartphone in late August and growing sales within its electric car venture. watch nowMore than 1.6 million Mate 60 series devices were sold during the first six weeks of sales, according to Counterpoint Research. The research firm estimated that the majority, about 75%, of units sold were Pro models — that's about 1.2 million units sold. The U.S. company saw smartphone sales fall by 10% in the third quarter from a year ago, while Huawei's sales surged by 37%, Counterpoint Research said Thursday. The company sells its operating system and components, such as for driver-assist tech, to car manufacturers.
Persons: Richard Yu, Aito Organizations: Huawei, Bloomberg, Getty, CNBC, 5G, Research, Apple, Aito's Locations: Nanjing, Shanghai, China, BEIJING, U.S
China's Premier Li Keqiang waves as leaving the annual news conference following the closing session of the National People's Congress at the Great Hall of the People on March 16, 2016 in Beijing, China. China's former premier Li Keqiang died just past midnight after suffering a heart attack while in Shanghai, Chinese state broadcaster CCTV reported Friday. That sometimes put Li at odds with Hu's successor, Chinese President Xi Jinping. Li also inspired the unofficial "Li Keqiang Index," which uses electricity consumption, rail cargo and bank lending as a proxy on the economy. While premier, Li pushed for promoting trade cooperation between China and other countries, as well as removing restrictions on the flow of people and goods within China.
Persons: Li, Li Keqiang, Hu Jintao, Xi Jinping, Xi, Li Qiang Organizations: National People's, of, State, Communist Party Locations: Beijing, China, Shanghai
Asian shares track US futures higher, bonds hold gains
  + stars: | 2023-10-27 | by ( Stella Qiu | ) www.reuters.com   time to read: +4 min
Overnight, the European Central Bank left interest rates unchanged as expected, sending the euro briefly to a two-week low. S&P 500 futures rose 0.4% while Nasdaq futures rallied 0.7%, driven by a 5% jump in Amazon shares in after-hours trading. In a statement after the U.S. close, the tech giant predicted higher holiday season sales and a stabilisation in its cloud business. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) bounced 0.6% on Friday after hitting a fresh 11-month low a day ago. Brent crude futures climbed 0.5% to $88.38 a barrel while U.S. West Texas Intermediate was at $83.58 a barrel, up 0.4%.
Persons: Aly, Hong, HSI, Nathaniel Casey, Evelyn, Goldman Sachs, Stella Qiu, Sam Holmes Organizations: REUTERS, Nasdaq, European Central Bank, Bank of Japan, Tokyo's Nikkei, Evelyn Partners, 1bp, CME, Brent, West Texas, Thomson Locations: Shanghai, China, SYDNEY, U.S, Asia, Pacific, Japan, East, Israel, Gaza
Justice Clarence Thomas hasn’t disclosed his tax returns, so it isn’t publicly known whether he reported any income related to the vehicle. Photo: Evelyn Hockstein/ReutersWASHINGTON—Supreme Court Justice Clarence Thomas didn’t report on required financial disclosure forms that a friend forgave some or all of a $267,230 loan, according to a report released Wednesday by Senate Finance Committee Chairman Ron Wyden . “The new evidence obtained by the Committee raises a number of potentially serious tax questions for Justice Thomas,’’ said the report prepared by the committee’s Democratic staff.
Persons: Clarence Thomas hasn’t, Evelyn Hockstein, Clarence Thomas didn’t, Ron Wyden, Justice Thomas, ’ ’ Organizations: WASHINGTON —, Senate Finance, Democratic
[1/2] U.S. Supreme Court Associate Justice Clarence Thomas poses during a group portrait at the Supreme Court in Washington, U.S., October 7, 2022. Durbin said the "undisclosed, forgiven" loan demonstrates the need for a binding code of conduct for the court. The documents showed that Welters forgave the loan in 2008, according to the findings. The Senate Judiciary Committee in July approved a Democratic-backed bill that would mandate a binding ethics code for the justices. Thomas and Welters did not immediately respond to requests for comment.
Persons: Clarence Thomas, Evelyn Hockstein, Thomas, Anthony Welters, Dick Durbin, Durbin, Welters, Ron Wyden, Elliot Berke, Berke, Harlan Crow, Steven Lubet, Lubet, Stephen Gillers, Andrew Chung, John Kruzel, Will Dunham Organizations: U.S, Supreme, REUTERS, Rights, Welters, Democratic, hobnobbing, Senate, New York Times, Texas, Crow, Northwestern University, New York University, Thomson Locations: Washington , U.S, New York, Washington
An Xpeng G9 electric vehicle at the Xpeng pavilion in the Open Space area during the Munich Motor Show (IAA) in Munich, Germany, on Sept. 5, 2023. BEIJING — Chinese electric car company Xpeng said this week it plans to roll out driver-assist technology in Europe by the end of next year, and remains on track with plans to expand the tech to 50 cities in China by year-end. U.S.-based Tesla 's version for city streets — called Full Self-Driving Beta — has yet to be released in China and it's unclear how many of the driver-assist features are available in Europe. Xpeng needs time to test and localize its driver-assist software in Europe, Brian Gu, honorary vice chairman of Xpeng's board of directors and co-president, told reporters Wednesday. He said the startup is cooperating with EU regulators on their recently announced probe into subsidies at Chinese electric vehicle companies, and the company is taking a "stringent approach" to comply with Europe's GDPR data protection rules.
Persons: Xpeng, Tesla, Brian Gu Locations: Munich, Germany, BEIJING, Europe, China, U.S
MEXICO CITY, Oct 26 (Reuters) - Mexican soldiers and rescue workers on Thursday scrambled to clear up the chaos and devastation wrought by Hurricane Otis in Acapulco as the government worked to bring relief to the battered southern beach resort. Nearly 8,400 members of Mexico's army, air force and national guard were deployed in and near Acapulco to assist in cleanup efforts, the defense ministry said. [1/5]People stand near street stalls damaged by Hurricane Otis near the entrance to Acapulco, in the Mexican state of Guerrero, Mexico, October 25. Mexico's state power utility CFE had over 1,300 employees working to restore power, it said on Wednesday evening, when some 300,000 people remained without electricity. "Now a Category 5 hurricane in Acapulco takes us by surprise," Jimenez Pons said.
Persons: Hurricane, Otis, Evelyn Salgado, Hurricane Otis, Henry Romero, Rogelio Jimenez Pons, Jimenez Pons, Brendan O'Boyle, Lizbeth Diaz, Kylie Madry, Miral Organizations: MEXICO CITY, REUTERS, Management Solutions, CFE, Mexico City, Thomson Locations: MEXICO, Acapulco, Guerrero, Mexican, Mexico
MEXICO CITY (Reuters) - Mexican soldiers and rescue workers on Thursday scrambled to clear up the chaos and devastation wrought by Hurricane Otis in Acapulco as the government worked to bring relief to the battered southern beach resort. Mexico's state power utility CFE had over 1,300 employees working to restore power, it said on Wednesday evening, when some 300,000 people remained without electricity. The port city's international airport was closed, after Otis wrecked the control tower, cut telecommunications, and left access roads blocked. "Now a Category 5 hurricane in Acapulco takes us by surprise," Jimenez Pons said. (Reporting by Brendan O'Boyle, Lizbeth Diaz and Kylie Madry; Writing by Brendan O'Boyle; Editing by Miral Fahmy)
Persons: Hurricane, Otis, Evelyn Salgado, Rogelio Jimenez Pons, Jimenez Pons, Brendan O'Boyle, Lizbeth Diaz, Kylie Madry, Miral Fahmy Organizations: MEXICO CITY, Management Solutions, CFE, Mexico City Locations: MEXICO, Acapulco, Guerrero, Mexico
Kim Kyung-Hoon | ReutersBEIJING — Chinese authorities late Tuesday announced one of the biggest changes to the national budget in years, along with the issuance of 1 trillion yuan in ($137 billion) in government bonds. Chinese state media said the 1 trillion yuan in central government issuance is set to be transferred to local governments in two parts, half for this year and half for next year. "It is roughly around 5% of transfer revenues or 2% of total revenues for the local governments," Yin said. "Note a special program has already been started since October, allowing local governments to issue special refinancing bonds to swap their outstanding hidden debt. Goldman Sachs analysts estimated the early issuance could be as much as 2.7 trillion yuan, based on prior government practice.
Persons: Kim Kyung, Hoon, Larry Hu, it's, Ting Lu, Yin, Nomura's Lu, Ricky Tsang, they're, Tsang, , Goldman Sachs, Macquarie's Hu, It's Organizations: Reuters, Macquarie, Monetary Fund, People's Bank of Locations: Beijing, Reuters BEIJING, China, Hong Kong, People's Bank of China
[1/4] Members of the federal forces chat as they keep watch at a beach as Hurricane Otis barrels towards Acapulco, Mexico, October 24, 2023. REUTERS/Javier Verdin Acquire Licensing RightsACAPULCO, Mexico, Oct 25 (Reuters) - Mexico's southern coast braced for Hurricane Otis on Wednesday as the Category 5 storm made landfall near the beach resorts of Acapulco, with the potential to cause "catastrophic damage," the U.S. National Hurricane Center (NHC) said. The hurricane reached land near Acapulco, bringing maximum sustained winds around 165 mph (270 kmh) and heavy rain, the center said. In Guerrero, authorities were preparing storm shelters and the national guard said it was helping to prepare for rescues and evacuations. Reporting by Javier Verdin in Acapulco and Brendan O'Boyle in Mexico City; writing by Brendan O'Boyle; editing by Robert Birsel and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.
Persons: Hurricane Otis, Javier Verdin, CONAGUA, Otis, Andres Manuel Lopez Obrador, Evelyn Salgado, Brendan O'Boyle, Robert Birsel, Bernadette Baum Organizations: REUTERS, Rights, U.S, National Hurricane Center, Guerrero, Thomson Locations: Hurricane, Acapulco, Mexico, Rights ACAPULCO, Guerrero, Oaxaca, Miami, Mexico City
[1/3] People walk along a beach as Hurricane Otis barrels towards Acapulco, Mexico, October 24, 2023. REUTERS/Javier Verdin Acquire Licensing RightsACAPULCO, Mexico, Oct 24 (Reuters) - Hurricane Otis barreled toward Mexico's beach resort of Acapulco as a Category 5 storm on Tuesday and was poised to make landfall on its Pacific coast early on Wednesday. By 9 p.m. time (0300 GMT on Wednesday) Otis was about 55 miles south-southeast of Acapulco, the Miami-based NHC added. Over the weekend, Hurricane Norma killed at least three people as it passed along the northwest coast of Mexico. Days before, the powerful Hurricane Lidia left one person dead and several injured after battering Mexico's Pacific coast.
Persons: Hurricane Otis, Javier Verdin, Otis, Evelyn Salgado, Norma, Hurricane Lidia, Brendan O'Boyle, Diego Ore, Natalia Siniawski, Alison Williams, Sandra Maler Organizations: REUTERS, Rights, U.S, National Hurricane Center, Punta Maldonado, NHC, Guerrero, Thomson Locations: Hurricane, Acapulco, Mexico, Rights ACAPULCO, Miami, Zihuatanejo, Guerrero, Oaxaca
Future Publishing | Future Publishing | Getty ImagesBEIJING — China on Tuesday took steps toward easing financing conditions for local governments, which have been at the crux of recent economic difficulties. The central government said it formalized a process allowing local governments to borrow funds for the year ahead — starting in the preceding fourth quarter, according to an announcement published by state media. The measure was adopted at a meeting of the National People's Congress Standing Committee, according to state media. The move helps stabilize fiscal policy, said Xu Hongcai, deputy director of the Economics Policy Commission at the China Association of Policy Science. On Tuesday, Chinese authorities also announced the issuance of 1 trillion yuan ($137 billion) in government bonds for natural disaster relief, according to state media.
Persons: , Xu Hongcai, Zhiwei Zhang Organizations: Workers, Future Publishing, Getty, State Council, National, China Association of Policy, CNBC, International Monetary Fund, IMF, Xinhua Locations: Suzhou, China's Jiangsu, BEIJING, China
In its 6-1 opinion, the Georgia Supreme Court found that the law, known as the LIFE Act, can be enforced thanks to the U.S. Supreme Court's decision last year overturning Roe. The Georgia top court had previously allowed the law to take effect while it considered the case. The state Supreme Court did not rule on that issue, which will now go back to the lower court judge. "We are pleased with the court's decision and will continue to defend the constitutionality of Georgia's LIFE Act," Georgia Attorney General Chris Carr said in a statement. The Georgia law prohibits abortion, with limited exceptions, after a fetal heartbeat is detected, usually around six weeks.
Persons: Evelyn Hockstein, Court's Roe, Wade, Roe, Justice Verda Colvin, Monica Simpson, Chris Carr, Brendan Pierson, Jonathan Oatis Organizations: Women's, REUTERS, U.S, Georgia Supreme, LIFE, United, SisterSong, Reproductive, Thomson Locations: Carbondale , Illinois, U.S, Georgia, Atlanta, U.S ., United States, New York
Interim House Speaker Patrick McHenry of North Carolina said he wants the nominee to face a House vote as soon as Tuesday. His failure came after the party's original nominee, House Majority Leader Steve Scalise of Louisiana, bowed out of the race because he could not secure enough GOP votes. Meuser said Monday whoever wins the nomination needs to ensure that speaker's office is inclusive so the narrow GOP majority remains unified. The Pennsylvania Republican told Fox Business that Republicans' failure to elect a speaker has made the party "part of the dysfunction of Washington." US House Of Representatives | via ReutersRep. Gary Palmer is chairman of the House Republicans' policy committee.
Persons: Tom Emmer, Amanda Andrade, Jim Jordan's, Joe Biden, Patrick McHenry of, Jordan, Steve Scalise, Scalise, Hakeem Jeffries, Austin Scott of, Joe Biden's, Donald Trump's, Nathan Howard, Kevin McCarthy of California, McCarthy, Emmer, Austin Scott, Jim Jordan, Kevin Lamarque, Scott, Austin, he's, Jack Bergman, Bergman, Byron Donalds, Donalds, Jon Cherry, Kevin Hern, Evelyn Hockstein, Kevin Hern of, Hern, Mike Johnson, Patrick Semansky, Johnson, Dan Meuser, Alexander Drago, Meuser, Gary Palmer of, Gary Palmer, Palmer, Pete Sessions, Texas Eric Thayer Organizations: Sports, Capitol, Rhoades, Reuters, Ohio Rep, House Republicans, GOP, Interim, Republicans, Democrats, Republican, Minnesota U.S, Getty, NBC News, Minnesota Republican, Austin Scott of Georgia U.S . Rep, U.S . House, Representatives, Reuters Rep, Ohio Republican, Georgia Republican, Michigan Rep, Marine Corps, Washington, Michigan Republican, Florida U.S . Rep, U.S, Caucus, Florida Republican, Oklahoma Rep, Fox News, Oklahoma Republican, Louisiana Rep, House Republican Conference, AP, Louisiana Republican, Marriott, Navy, Pennsylvania Republican, Fox Business, Gary Palmer of Alabama Republican U.S . Rep, Alabama Republican, Pete Sessions of Texas Rep, Bloomberg Locations: Washington, Israel, Ukraine, Patrick McHenry of North Carolina, Louisiana, lockstep, New York, Minnesota, Austin Scott of Georgia, Arizona, Pennsylvania, Washington , DC, Florida, Kevin Hern of Oklahoma, America, Gary Palmer of Alabama, Texas
Georgetown women's basketball coach Tasha Butts died Monday after a two-year battle with breast cancer, the school's athletic director said. She exhibited these qualities both as a leader and in her fight against breast cancer. She joined the Georgia Tech women’s basketball staff as an assistant coach in April 2019, and was promoted to associate head coach two years later. While at Georgia Tech in 2021, Butts announced she had been diagnosed with advanced stage metastatic breast cancer. Before coaching at Georgia Tech, Butts was an assistant first at Duquesne, UCLA and LSU.
Persons: Tasha Butts, Tasha Tough, Kay, , , Lee Reed, Tasha, Butts, John J, DeGioia, “ Tasha, Darnell Haney, what’s, We’d, Pat Summitt, Spencer, Evelyn, Spencer , Jr, Marquis, ___ Organizations: Georgetown, Cancer, Georgia Tech, WNBA, Georgia Tech women’s, Duquesne, UCLA, LSU, Tigers, Hall of Fame, Lady Vols, NCAA, SEC, Minnesota Lynx, Minnesota, ___ AP, womens Locations: Georgetown, Georgia, Tennessee, Charlotte, Houston
A few hours north, the Amarillo City Council on Tuesday will weigh its own such law, which could lead to a future council or city-wide vote. He took that approach in Odessa's city elections in 2022 after the council initially blocked one of his "sanctuary city for the unborn" proposals. Not all backers of abortion restrictions support Dickson's transport bans, however. The debates over the transport bans are spurring new shows of support for abortion access. Abortion rights supporters, including four abortion funds in Texas, said they expected the transport bans to backfire on the anti-abortion movement by galvanizing political participation from abortion rights advocates in the lead-up to next year's presidential election.
Persons: Evelyn Hockstein, Roe, Mark Lee Dickson, Dickson, Jason Corley, Corley, Amarillo Mayor Cole Stanley, Kimberleigh Gonzalez, Gonzalez, Rachel O'Leary Carmona, Julia Harte, Colleen Jenkins, Leslie Adler Organizations: Alamo Women's Clinic, REUTERS, Supreme, Amarillo City, federal, Constitutionalist, Amarillo, Thomson Locations: Albuquerque , New Mexico, U.S, Texas, Wade, Lubbock County, Amarillo, Lubbock, New Mexico, Odessa's, Odessa
The artificial intelligence behind ChatGPT-like products and autonomous driving is driving enormous demand for Nvidia's chips in China. Chinese companies also dominate the burgeoning electric car market , where Nvidia has had a fast-growing business of selling chips for assisted and fully autonomous driving. When it comes to such chips for cars, Nomura analysts said there's little reason to worry. Auto chip market BYD, Nio , Li Auto and Xpeng are among the China-based electric automakers using the Orin chip. In the automotive chip category, they noted Nvidia's Thor chip and Qualcomm's Snapdragon Ride Flex chip both fall into that more advanced category.
Persons: Orin, Orin X, Joel Ying, Li Auto, Albert Liu, Weeks, Kneron, Liu, Julian Ma, Ma, Inceptio, Nomura, Inovance Organizations: Nvidia, Nomura, Nomura China Technology, Auto, CNBC's East Tech West, Apple, HSBC, SEC, U.S, Management Locations: China, U.S, Nomura China, South, German, Inovance's, Hong Kong
US sees risk of Middle East escalation, threat to US troops
  + stars: | 2023-10-22 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsWASHINGTON, Oct 22 (Reuters) - The United States sees the prospect of further attacks on its troops in the Middle East and the Israel-Hamas war escalating to the wider region, the top U.S. diplomat and defense officials said on Sunday. U.S. Secretary of State Antony Blinken and Defense Secretary Lloyd Austin said that the United States did not want to see the conflict spread. In fact, what we're seeing … is the prospect of a significant escalation of attacks on our troops and our people throughout the region," Austin told ABC's "This Week" program. "If any group or any country is looking to widen this conflict and take advantage of this very unfortunate situation ... our advice is: don’t," he added. Reporting by Kanishka Singh and Arshad Mohammed in Washington; Editing by Andrea Ricci and Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.
Persons: Joe Biden, Antony Blinken, Benjamin Netanyahu, Biden, Evelyn Hockstein, Lloyd Austin, Blinken, , Austin, ABC's, Kanishka Singh, Arshad Mohammed, Andrea Ricci, Lisa Shumaker Organizations: U.S, Israeli, Hamas, REUTERS, Rights, Sunday, NBC, Palestinian, Thomson Locations: Israel, Tel Aviv, United States, Sunday ., Iran, United, Gaza, Washington
U.S. President Joe Biden attends a meeting with Israeli Prime Minister Benjamin Netanyahu (not pictured), as he visits Israel amid the ongoing conflict between Israel and Hamas, in Tel Aviv, Israel, October 18, 2023. Biden noted at the start of the meeting that the EU and the U.S. were standing together to support Israel and Ukraine, but would also discuss ways to address "unfairly traded steel and aluminum imports" and talks about critical minerals. Trade negotiators had scrambled on Thursday to avoid the U.S. resuming import tariffs on EU steel and aluminum imposed by then-President Donald Trump in 2018, ultimately agreeing to keep the tariffs at bay while they keep talking. "We look forward to continuing to make progress on these important objectives in the next two months," it said. The joint statement cited progress toward a "targeted" deal, and said the leaders looked forward to continuing negotiations in the coming weeks.
Persons: Joe Biden, Benjamin Netanyahu, Evelyn Hockstein, Washington, Charles Michel, Ursula von der Leyen, Biden, Michel, Donald Trump, Andrea Shalal, Jeff Mason, Jarrett Renshaw, Heather Timmons, Jonathan Oatis, Alistair Bell, Marguerita Choy Organizations: Israeli, Hamas, REUTERS, Rights, European Union, White, Senior U.S, European, European Commission, Ukraine, EU, ., Trade, United Steelworkers, Biden, Trump, Washington, World Trade Organization, U.S, Thomson Locations: Israel, Tel Aviv, U.S, Ukraine, China, Brussels, Washington, North America, Europe
Total: 25