(Reuters) - Global technology stocks rose on Monday after the U.S. exempted electronics such as smartphones and computer hardware from its steep reciprocal tariffs on China, offering some relief to a sector battered by supply-chain uncertainty.Big Tech shares have slumped in the past two weeks as tit-for-tat tariffs between Washington and Beijing stoked fears of higher component costs, softer cons ...
TOKYO (Reuters) -Sony said it will hike the price of its PlayStation 5 (PS5) console in markets in Europe, Britain, Australia and New Zealand, citing high inflation and fluctuating exchange rates. The Japanese technology and entertainment conglomerate is raising the cost of a PS5 without a disc drive by 11% to 499.99 euros ($569.59) from April 14. The price of the same device will rise by 10% in B ...
Investing.com -- The Kremlin has voiced strong opposition to a proposal by Friedrich Merz, the incoming German chancellor, to send Taurus long-range missiles to Ukraine. The Russian government stated on Monday that such a move would only escalate the ongoing conflict.Dmitry Peskov, the Kremlin spokesman, expressed that other European countries shared a similar stance, which he believes is hinderin ...
Investing.com -- Shares of Viking Therapeutics (NASDAQ:VKTX) rose sharply by 17% today, while Eli Lilly (NYSE:LLY) and Novo Nordisk (NYSE:NVO) also saw gains of 1.7% and 4%, respectively. The upward movement in these pharmaceutical stocks comes after Pfizer Inc. (NYSE: NYSE:PFE) announced it would discontinue the development of its obesity drug candidate, danuglipron.Pfizer’s decision was base ...