DIRS.INFO The most relevant business & tech news

HONG KONG, Oct 6 (Reuters Breakingviews) - It’s getting harder for China Inc to go global, and tougher for global financial advisors to take on the rapidly shrinking pool of related mandates. Belgium’s intelligence service VSSE said on Thursday that it is trying to “detect and fight against possible spying and/or interference activities carried out by Chinese entities including Alibaba”. Fellow courier SF Holding is also preparing a Hong Kong listing to raise as much as $3 billion to support, among other things, ambitious expansion beyond Asia. Alibaba signed an agreement with the Belgium government in 2018 to open an e-commerce trade hub, run by its logistics arm Cainiao Smart Logistics Network. The Chinese e-commerce giant last month filed to list Cainiao on the Hong Kong stock exchange.

Persons: VSSE, Cainiao, won’t, Alibaba, Una Galani, Thomas Shum Organizations: Reuters, China Inc, HK, Belgian, Justice, Citigroup, JPMorgan, Hong, European, Liege Airport, Smart Logistics Network, Alibaba’s, Thomson Locations: HONG KONG, China, Hong Kong, Liege, Belgian, Asia, Belgium, United States, European, Alibaba’s New York

☆ Simone Biles on the verge of yet more history as she eyes 21st world championships gold medal
▼ + stars: | 2023-10-06 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

CNN —Having already made history at this year’s World Artistic Gymnastics Championships, Simone Biles has a chance to blaze even more trails on Friday. The American is set to compete in the women’s individual all-around final where she has the opportunity to secure her 21st world championship gold. How to watchThe world championships began on September 30 and will run until October 8. Spectacular returnThe 26-year-old has already been successful at this year’s world championships in Antwerp, Belgium. But her return has been nothing short of spectacular and, by competing in Antwerp, she became the first woman to represent the US at six artistic world gymnastics championships.

Persons: Simone Biles, Vitaly Scherbo, –, Biles, ” Biles, Heath Thorpe, I’m, Naomi Baker, Dominique Dawes, ”, Dawes, “ She’s, Friday’s Organizations: CNN, NBC, BBC Locations: Antwerp, Belgium, Tokyo

☆ Is China really dumping Treasury bonds and sending yields higher? A former US official explains the mystery
▼ + stars: | 2023-10-06 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

China is not actually dumping its stockpile of US bonds, former Treasury official Brad Setser wrote. A large part of China's holdings are not accounted for in official US data, he said. While it has sold some Treasurys, Beijing has also bought up US debt in the form of agency bonds. Agency bonds are issued by government-sponsored enterprises, and some of the top issuers are US-backed firms like Fannie Mae and Freddie Mac. During 2022 and the first six months of 2023, China purchased over $100 billion agency debt and sold just $40 billion in Treasurys, he estimated.

Persons: Brad Setser, —, Torsten Sløk, Setser, Belgium's, China's, Fannie Mae, Freddie Mac Organizations: Treasury, Service, Council, Foreign Relations, Apollo, Treasury International Capital, Foreign, Administration of Foreign Exchange, Agency Locations: China, Beijing, Treasurys

The American superstar won the individual all-around title at the world championships for the sixth time on Friday to become the most decorated gymnast in history. Biles' only blip came right at the end, as she was about to wrap up her floor routine. Biles, Jones and Andrade competed in the same rotation, kicking off their contest at vault. Andrade bounced out of bounds seconds before she wrapped up her floor routine, a fluffed last step that marred an otherwise brilliant display. Biles’ competition continues this weekend with the women’s vault and uneven bars finals on Saturday and the balance beam and floor exercise finals on Sunday.

Persons: Simone Biles, Biles, Rebeca Andrade, Shilese Jones, Vitaly Scherbo, blip, ” Biles, Andrade, Jones, Cheng, ___ Organizations: Olympics, U.S Locations: ANTWERP, Belgium, American, U.S, Paris, Tokyo

☆ Record-breaker Biles wins sixth all-around world title
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

Biles, who won her first all-around world title as a 16-year-old in Antwerp a decade ago, has claimed a total of 27 world medals -- including 21 golds -- having also led the U.S. women's team to a seventh consecutive title on Wednesday. She has also surpassed Belarusian Vitaly Scherbo's record of 33 medals in total at the Olympics and world championships. I don't think it will hit me until maybe I retire and then look back and see everything that I've done," added Biles. Former world champion, Brazilian Rebeca Andrade, was second with a total of 56.766 after a superb floor routine. Biles is set to compete in the vault and uneven bars finals on Saturday before beam and floor exercise finals on Sunday.

Persons: Simone Biles, Yves Herman Acquire, Biles, Vitaly Scherbo's, I've, Rebeca Andrade, Shilese Jones, Angelica Medina, Ken Ferris Organizations: Rights, U.S, Thomson Locations: Antwerp, Belgium, Rights ANTWERP, Mexico City

☆ Cannibalistic Europeans likely ate their dead at funerals 15,000 years ago instead of burying them, study says
▼ + stars: | 2023-10-05 | by ( Sebastian Cahill | Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Europeans probably ate their dead loved ones instead of burying them 15,000 years ago. According to a new study, the consumption of dead people was not essential, but a ritual. Researchers also said people used the remaining bones as cups and chewed on them. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementCannibalistic Europeans likely feasted on their deceased loved ones at funerals instead of burying them, according to a new study.

Persons: —, Dr, Silvia Bello, William Marsh, Marsh Organizations: Service Locations: Europe, France, Germany, Spain, Russia, United Kingdom, Belgium, Poland, Czech Republic, Portugal, Gough's

ALBUQUERQUE, N.M. (AP) — It’s been 15 years since the world’s elite gas balloon pilots have gathered in the United States for a race with roots that stretch back more than a century. Their ballooning résumé includes four wins in the America's Challenge long-distance gas balloon race, and third- and fourth-place finishes in previous Gordon Bennett competitions. Unlike the colorful hot air balloons that ascend en masse during the Albuquerque International Balloon Fiesta by using heated ambient air, gas balloons have an envelope filled with a gas lighter than air — usually hydrogen. He recalled the Gordon Bennett competition that occurred after the 9/11 attacks in 2001. The gas balloons were the only things in the sky as planes were still grounded.

Persons: — It’s, Gordon Bennett, They're, Willi Eimers, Benjamin, Albuquerque balloonists Barbara Fricke, Peter Cuneo, Fricke, Cuneo, “ You've, ” Fricke, Mark Sullivan, Cheri White, Sullivan, White, Jacques Soukup, ” Sullivan, “, We’re, let’s, ” Organizations: U.S, FAI, Pilots Locations: ALBUQUERQUE, N.M, United States, New Mexico, Albuquerque, U.S, Canada, Belgium, West Texas, Belarus

London CNN —Intelligence officers in Belgium are monitoring Alibaba’s logistics hub in Europe for possible espionage on behalf of the Chinese government. Belgium’s state security service VSSE told CNN Thursday it was watching the activities of Alibaba’s (BABA) logistics arm, Cainiao, at the country’s Liège cargo airport. “We strongly deny the allegations [which are] based on prior conjecture,” Cainiao told CNN in a statement. Liège airport announced in 2018 that it had struck a deal with Cainiao to become its European logistics hub. Last month, Alibaba announced a plan to spin off and list Cainiao on the Hong Kong Stock Exchange.

Persons: VSSE, “, ” Cainiao, Cainiao, Eric Lalmand, Alibaba, — Juliana Liu Organizations: London CNN — Intelligence, CNN, Financial Times, Cainiao, Getty, European Union, Hong Kong Stock Exchange Locations: Belgium, Europe, Liège, AFP, Belgian, Berlin, Hamburg

☆ Cannibalism was a common funeral ritual in Europe 15,000 years ago, study finds
▼ + stars: | 2023-10-05 | by ( Amarachi Orie | ) edition.cnn.com time to read: +5 min

Experts at London’s National History Museum reviewed literature to identify 59 Magdalenian sites that have human remains. There was also evidence to suggest that in some cases human remains were mixed with those of animals. They found that there were two distinct ancestral groups present in the region during that period – one of Magdalenian culture and another called the Epigravettian, a different European and geographically-distinct human culture. Map of Magdalenian sites where cannibalism has been identified in northwestern Europe. “However, this study provides pretty convincing evidence that ritual funerary cannibalism was practiced by people across Europe 20,000-14,000 years ago.”

Persons: Silvia Bello, ” Bello, “, ”, William Marsh, Thomas Booth, Francis Crick Organizations: CNN, Museum, History Museum, History, Francis Locations: Europe, England, France, Germany, Spain, Russia, United Kingdom, Belgium, Poland, Czech Republic, Portugal

☆ Belgium's intelligence service monitors Alibaba hub over 'espionage' concerns -FT
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: 1 min

Oct 5 (Reuters) - Belgium's intelligence service has been monitoring Alibaba’s main logistics hub in Europe for espionage following suspicions Beijing has been exploiting its growing economic presence in the West, the Financial Times said on Thursday. Referring to the company's logistics arm at the cargo airport in the city of Liège, the security services said they were working to detect "possible espionage or interference activities" by Chinese entities including Alibaba, it added. Reporting by Jyoti Narayan in BengaluruOur Standards: The Thomson Reuters Trust Principles.

Persons: Jyoti Narayan Organizations: Financial Times, Thomson Locations: Europe, Beijing, West, Liège, Bengaluru

☆ In pictures: World Artistic Gymnastics Championships
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: 1 min

[14/27]Joscelyn Roberson of the U.S. receives medical attention after sustaining an injury during her routine at the the vault during the women's team final, October 4. REUTERS/Yves HermanANTWERP, Belgium

Persons: Joscelyn Roberson, Yves Herman ANTWERP Organizations: REUTERS Locations: Belgium

☆ Burkina Faso, Mali and Niger students in French visa limbo as relations sour
▼ + stars: | 2023-10-05 | by ( Layli Foroudi | ) www.reuters.com time to read: +3 min

But as relations with some of the West African states turned bitter - prompting France to close its consular services in Burkina Faso, Mali and Niger due to security concerns - long-standing cultural ties have also been strained. International law student Tondri Yara stood in front of a French visa centre in the capital Ouagadougou, hoping for some good news. Burkina Faso, Canada, Switzerland and Belgium are all viable alternatives, he said, although switching will likely delay the process. French authorities have assured that students, artists and researchers already in France remain welcome and would be allowed to pursue their activities. There were over 3,100 students from Mali, 2,300 from Burkina and 1,100 from Niger studying in French public institutions in 2021-22, according to data from French agency Campus France that promotes French higher institutions abroad.

Persons: Alphonse Nikiema, Emmanuel Macron, Nikiema, Tondri Yara, Yara, Alphonse, Alfred, Sofia Christensen, Bate Felix, Angus MacSwan Organizations: West, Burkina Faso, Campus, Reuters Newsroom, Thomson Locations: Burkina Faso, France, Mali, Niger, Africa, Russia, China, Burkina, West Africa Sahel, Ouagadougou, Canada, Switzerland, Belgium, Campus France, Paris

☆ Centenary World Cup will be utterly unrecognisable from 1930
▼ + stars: | 2023-10-04 | by ( Mitch Phillips | ) www.reuters.com time to read: +3 min

In contrast to the little-noticed 1930 event, in 2030 billions of eyes, via technology unimaginable almost 100 years ago, will be focused on every minute of action. Instead of 13 teams, almost a quarter of the world's countries will be in action after the expansion of the tournament to 48 teams for 2026. For the modern fan it is almost impossible to visualise the 1930 World Cup. There was no qualification process for the 1930 tournament, instead the entire world was invited. Egypt were due to fly the flag for Africa but missed their connecting ship leaving an unwieldy 13 teams in the competition.

Persons: Jack Coll, Mitch Phillips, Toby Davis Organizations: Lille, Wednesday FIFA, Olympic, FIFA, Mexico, Argentine, Estadio Centenario, Thomson Locations: France, Uruguay, Egypt, South America, Argentina, Paraguay, Morocco, Spain, Portugal, England, Belgium, Yugoslavia, Romania, Siam, Thailand, Japan, Africa, United States, U.S, Canada

This week's free Champions League live streamsThere are some fantastic free Champions League live streams each week around Europe. Then get stuck in and enjoy these free Champions League live streams. October 4: Borussia Dortmund vs. AC Milan - RTL2 in LuxembourgOctober 4: RB Leipzig vs. Man City - ServusTV in Austria*Belgium's RTL Club is free, but you must create a free login to access the free Champions League streams. Where to watch Champions League in AustraliaThe Champions League is a Stan Sport exclusive in Australia. So, if you can get around all this, you can enjoy the best value Champions League live streams in the world.

Persons: We've, we've, City's Haaland, you'll, Stan, Stan Sport, AEST, ExpressVPN, you've, Stan Sport's, You'll Organizations: Leipzig, Dortmund, Milan, League, RB Leipzig, Premier League, Wolves, Bundesliga, Rugby, Borussia Dortmund, Belgium's RTL, Champions League, BT Sport, TNT Sport, BT, TNT, Discovery, Amazon, Amazon Prime, Champions, Stan Sport, Sport, country's Champions League, Paramount Plus, Paramount, CBS, Netflix, PayPal Locations: Germany, Europe, RTL2, Luxembourg, ServusTV, Austria, Australia, USA

☆ Simone Biles going for team gold at World Artistic Gymnastics Championships
▼ + stars: | 2023-10-04 | by ( Ben Church | ) edition.cnn.com time to read: +9 min

Smiley N. Pool/Houston Chronicle/Getty Images Biles competes on the balance beam during the US National Gymnastics Championships in August 2013. Tim Clayton/Corbis/Getty Images Biles poses after winning a gold medal at the 2013 World Championships. Dean Mouhtaropoulos/Getty Images Biles dodges a bee flying near her during the medal ceremony at the 2014 World Championships. Daniel Dunn/Icon Sportswire via Getty Images Biles competes on the uneven bars during the 2018 World Championships. And by competing in Antwerp, Biles became the first woman to represent the US at six artistic world championships.

Persons: CNN — Simone Biles, –, Simone Biles, Laurence Griffiths, Ron, Biles, Smiley, Tim Clayton, Corbis, Dean Mouhtaropoulos, Lintao Zhang, Nellie, Adria, Leslye Davis, Gabby Douglas, Douglas, Donald Miralle, Ezra Shaw, Damir Sagolj, Reuters Biles, Kai Pfaffenbach, Laurie Hernandez, Madison Kocian, Aly Raisman, David Ramos, Emmanuel Dunand, Jimmy Fallon, Donald Glover, Andrew Lipovsky, Michael Phelps, Raisman, Olivia Munn, Trae Patton, Michelle Obama, Barack Obama, Alex Wong, Bob Levey, Sasha Farber, Eric McCandless, Daniel Dunn, Ulrik Pedersen, NurPhoto, Lionel Bonaventure, Emilee Chinn, Natacha, Cecile Canqueteau, Landi, Shannon Miller, Robert Gauthier, McKayla Maroney, Maggie Nichols, Larry Nassar, Saul Loeb, Joe Biden, Biden, James Corden, Pete Buttigieg, Terence Patrick, Stacy Revere, Skye Blakey, Shilese Jones, Joscelyn Roberson, Leanne Wong, Matthias Hangst Organizations: CNN, Biles, Houston Chronicle, The New York Times, US, Getty, Reuters, NBC, White House, Disney, Entertainment, Walt Disney Television, Houston Texans, GK, Tokyo, Los Angeles Times, USA Gymnastics, CBS, BBC Locations: Antwerp, Belgium, Houston, Spring , Texas, Rio de Janeiro, AFP, Tokyo, American, Biles

ANTWERP, Belgium (AP) — Led by Simone Biles, the U.S. women won a record seventh consecutive team title at the gymnastics world championships on Wednesday night. The American team of Biles, Shilese Jones, Skye Blakely and Leanne Wong combined for a total of 167.729 points to edge Brazil and France. The U.S. women have won gold in the team event at every world championship that included a team competition since 2011. Biles now has 26 world championship medals, 20 of them gold, to go with her seven Olympic medals, including the 2016 Olympic title. Biles capped off a successful night for the U.S team with a spectacular floor routine rewarded by a 15.166.

Persons: Simone Biles, Shilese Jones, Skye Blakely, Leanne Wong, Biles, Larisa Latynina, Joscelyn Roberson, Wong, Jones, Cheng, Pike, ___ Organizations: American, The U.S, Soviet Union, China, U.S Locations: ANTWERP, Belgium, U.S, Brazil, France, The, Antwerp

☆ U.S. women's team claim seventh consecutive title at world championships
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +2 min

[1/5] Gymnastics - 2023 World Artistic Gymnastics Championships - Sportpaleis, Antwerp, Belgium - October 4, 2023 Simone Biles of the U.S. in action on the floor during the women's team final REUTERS/Yves Herman Acquire Licensing RightsOct 4 (Reuters) - Simone Biles led the U.S. women's team to a seventh straight title at the Artistic Gymnastics World Championships in Antwerp on Wednesday. With a total of 33 world and Olympic medals, Biles equalled the record of Vitaly Scherbo, who competed for the Soviet Union, the Unified Team and Belarus. Brazil took second place with 165.530, led by 24-year-old Rebeca Andrade , to become the first South American country to win an Olympic or world team medal. The French team took bronze with 164.064 following excellent routines on the balance beam and vault, highlighted by the performance of Melanie De Jesus Dos Santos, who trains at the gym owned by Biles's family in Texas. Reporting by Angelica Medina in Mexico City; editing by Clare Fallon and Toby DavisOur Standards: The Thomson Reuters Trust Principles.

Persons: Simone Biles, Yves Herman Acquire, Biles, Vitaly Scherbo, Joscelyn Roberson, Rebeca Andrade, Melanie De Jesus Dos Santos, Angelica Medina, Clare Fallon, Toby Davis Organizations: U.S, Unified Team, French, Thomson Locations: Antwerp, Belgium, Soviet Union, Belarus, Brazil, American, Texas, Mexico City

☆ US breaker prepares for mental battle at Games
▼ + stars: | 2023-10-03 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

Montalvo held off one of his fiercest rivals, Canadian Phil Wizard, in the final to take the World Breaking Championship title late last month and become the first American to qualify for breaking at the Olympics. "Breaking is more mental than physical. "It doesn't matter how fast you are or how strong you are, you can have the craziest moves in the world, but that doesn't mean you're the best breaker in the world." I just make sure that I do add a little bit more of the physicality for it." Reporting by Amy Tennery in New York Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

Persons: Victor – Victor Montalvo, Yves Herman, Victor Montalvo, Montalvo, Phil Wizard, Amy Tennery, Toby Davis Organizations: United, Reuters, Colorado Springs, USA, Thomson Locations: Leuven, Belgium, Paris, Colorado, New York

So read on for everything you need on how to watch free Napoli vs. Real Madrid and Manchester United vs. Galatasaray live streams. This week's free Champions League live streamsThere are some fantastic free Champions League live streams each week around Europe. Then get stuck in and enjoy these free Champions League live streams. *Belgium's RTL Club is free, but you must create a free login to access the free Champions League streams. So, if you can get around all this, you can enjoy the best value Champions League live streams in the world.

Persons: you'll, Stan, Stan Sport, AEST, ExpressVPN, you've, Stan Sport's, You'll, we've Organizations: Champions League, Napoli, Real, Manchester United, Galatasaray, League, Rugby, RTL, BT Sport, TNT Sport, BT, TNT, Discovery, Amazon, Amazon Prime, Champions, Stan Sport, Sport, country's Champions League, Paramount Plus, Paramount, CBS, Netflix, PayPal Locations: Real Madrid, Europe, Australia, USA

While the US women's gymnastics team has already qualified, the stakes remain high. Alongside Simone Biles, the US Women's Gymnastics team includes Shilese Jones, Leanne Wong, Skye Blakely, and Joscelyn Roberson. The men's team final is up first starting today (October 3), and there's more action to catch each day through the apparatus final on October 8. The first day of competition is October 3, beginning with the men's team final before the women's team takes the floor on the second day. The Men's Team Final starts at 6:30 p.m. BST on October 3, followed by the Women's Team Final at 6:30 p.m. BST on October 4.

Persons: Simone Biles, She's, Biles, Shilese Jones, Leanne Wong, Skye Blakely, Joscelyn Roberson, Kayla DiCello, ExpressVPN, Peacock, Peacock Thurs Organizations: United, Women's, BBC, NBC, Google, Insiders Locations: Antwerp, Belgium, United States, USA

☆ Consumer finance group seeks more privacy in digital euro use
▼ + stars: | 2023-10-03 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

A sculpture of Euro symbol is pictured in front of the European Parliament in Brussels, Belgium, May 2, 2018. REUTERS/Francois Lenoir/File Photo Acquire Licensing RightsLONDON, Oct 3 (Reuters) - Tougher privacy safeguards are needed for using a digital euro online, consumer lobby Finance Watch said on Tuesday, in the latest sign of mounting "Big Brother" concerns policymakers are having to confront. Finance Watch said it accepted that some concessions would have to be made to ensure a digital euro is not used for money-laundering, making full, cash-like anonymity of digital payments difficult to achieve. Nevertheless, as drafted, the proposed EU law gives higher levels of privacy to offline use of a digital euro stored in a customers "wallet", Finance Watch said. "While the proposed approach to offline transactions goes a long way towards offering cash-like privacy, a higher level of privacy and data protection should also be applied to small, low-value online transactions," Finance Watch said.

Persons: Francois Lenoir, Mairead McGuinness, Huw Jones, Mark Potter Organizations: REUTERS, Finance, European Central Bank, Federal Reserve, Bank of England, European Commission, Finance Watch, Big Tech, EU, The Bank of England, Thomson Locations: Brussels, Belgium, EU

☆ One family’s battle to be reunited with art looted by the Nazis
▼ + stars: | 2023-10-02 | by ( Aurore Laborie | ) edition.cnn.com time to read: +14 min

The lawyer — Laurence Eisenstein, whose firm works to recover artwork looted by the Nazis — said he’d been speaking to a British scholar who’d come across the name René Gimpel in art collectors’ archives. Thousands of objects lost or lootedAs well as being a famous gallerist of his time, René Gimpel was a very well-connected man. Captured sometime between 1916 and 1933, it showed the three Derain paintings in question hanging on the art dealer’s wall. In 2020, seven years after they began their fight, the Gimpel heirs were finally reunited with the three Derain paintings. Dumas said this is often not the case for Jewish families trying to recover their ancestors’ stolen art.

Persons: Claire Gimpel’s, — Laurence Eisenstein, —, he’d, who’d, René, Eisenstein, Claire, Ian Locke, ” Claire, he’s, André Derain, Claude Monet, René Gimpel, Clarisse Vuitton, Louis Vuitton’s, Monet, Georges Braque, Henri Matisse, Pablo Picasso, Marcel Proust, Johannes Vermeer, ”, Monte, Odile Firer, — René, — Locke, Hôtel Doucet, ’, “ I’m, Palais Bourbon —, Locke, “, Crécy, Corinne Hershkovitch, ” Hershkovitch, Sarah Tilotta, Margaux Dumas, Diderot, Derain, Benoît Payan, Payan, Dumas, Marseille's, Benoit Payan, Gimpel, Alain Robert, SIPA, They’re Organizations: France CNN —, CNN, Gestapo, Europe —, Palais Bourbon, Chapelle, Ministry of Culture, French Ministry of Culture, University Paris, Technical University Berlin, Smithsonian Archives, American Art, Mayor, French Ministry of, Belgium ”, ” Locations: Paris, France, British, French, Gimpel, Vichy France, Cannes, French Vichy, Neuengamme, Hamburg, Europe, Spontini, German, Nice, Troyes, Marseille, René’s Paris, Vichy, Belgium

☆ Samsung to manufacture chips from AI chip startup Tenstorrent
▼ + stars: | 2023-10-02 | by ( Max A. Cherney | ) www.reuters.com time to read: +2 min

REUTERS/Yves Herman/File Photo Acquire Licensing RightsOct 2 (Reuters) - Samsung's contract chip manufacturing arm picked up a new artificial intelligence chip customer, a Canadian startup called Tenstorrent, the company said on Monday. Tenstorrent is among a number of startups looking to challenge Nvidia (NVDA.O), which dominates the market for AI chips. As part of the deal, Tenstorrent plans to use one of Samsung's advanced manufacturing processes, known as 4nm, to produce the chips. The chip Samsung will manufacture is named Quasar, and is not based on RISC-V technology. The chip deal follows a Samsung investment in Tenstorrent in August as part of a $100 million capital raise that included Hyundai Motor Co (005380.KS) and others.

Persons: Yves Herman, Tenstorrent, Jim Keller, Max A, Leslie Adler Organizations: Samsung, REUTERS, Nvidia, Intel, Micron Devices, Hyundai Motor Locations: Brussels, Diegem, Belgium, Canadian, Tenstorrent, San Francisco

☆ Italy pins hopes on new retail bond issue, following deficit hike
▼ + stars: | 2023-10-02 | by ( Sara Rossi | ) www.reuters.com time to read: +2 min

MILAN, Oct 2 (Reuters) - Italy will launch its second BTP Valore bond reserved for retail investors on Monday as it seeks to boost domestic holdings of its debt. The Treasury attracted more than 18 billion euros in June for its debut "BTP Valore" issue, setting a fresh record for Italian retail bonds. According to several market sources, the new 5-year note -offering a 0.5% loyalty bonus - will attract orders worth around 10 billion euros ($10.56 billion). On Friday, the Italian 5-yr BTP bond yield stood at around 4.2% . Last month, Belgium raised a record 21.9 billion euros with a similar issue designed to compete with bank deposits.

Persons: J.P, Morgan, Antonio Cesarano, Giorgia Meloni, Sara Rossi, Gavin Jones Organizations: MILAN, Treasury, Global, Thomson Locations: Italy, Rome, Belgium

Search resuls for: "Belgium"

25 mentions found