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Container ship owners swamped as US-China trade detente revives demand

Container ship owners swamped as US-China trade detente revives demand

By Lisa Baertlein, Farah Master and Casey Hall LOS ANGELES/HONG KONG (Reuters) - Container ship bookings for China-to-U.S. cargo have surged since the countries declared a 90-day truce on punitive tit-for-tat tariffs last weekend, operators said, spawning traffic jams at Chinese ports and factories that could take weeks to clear. U.S. importers of sneakers and sofas to construction supplies and au ...

2025-05-18 17:52:35
Nvidia CEO says next chip after H20 for China won’t be from Hopper series

Nvidia CEO says next chip after H20 for China won’t be from Hopper series

By Wen-Yee Lee TAIPEI (Reuters) -Nvidia is evaluating how to address the China market after the U.S. government placed limits on sales of its Hopper H20 chip there but will not put out another version from the Hopper series, CEO Jensen Huang said on Saturday. Asked what their next chip for China after the H20 was, he said: "It’s not Hopper because it’s not possible to modify Hopper anymore," H ...

2025-05-18 17:51:26
Up 13.8% in just 13 trading days, this AI strategy is crushing tech’s comeback

Up 13.8% in just 13 trading days, this AI strategy is crushing tech’s comeback

Investing.com - What a week this was for stock market investors! Blink, and you would have missed out on one of the biggest rallies of the last few years, with the S&P 500 gaining more than 3.5% in just a handful of sessions.But if you think that the benchmark’s gains are already impressive, think again. Our premium members, who tracked our AI-powered ’Tech Titans’ stock picks for less t ...

2025-05-18 17:50:23
BT nears deal to sell TNT Sports stake to Warner Bros Discovery, FT reports

BT nears deal to sell TNT Sports stake to Warner Bros Discovery, FT reports

(Reuters) -BT is in advanced talks to sell its 50% stake in British broadcaster TNT Sports to U.S. joint venture partner Warner Bros Discovery (NASDAQ:WBD), the Financial Times reported on Saturday. Reuters could not immediately confirm the report. A deal could be announced as early as next week, the newspaper reported, citing sources it did not name. BT is set to report full-year results next we ...

2025-05-18 17:49:40