Posts by Liam Redmond
Memory shortage to hit Nvidia China approvals, US lawmaker says
[ad_1] Demand for the components, long treated as a commodity, has skyrocketed due to the AI data centre boom [WASHINGTON] Tight memory chip supplies will constrain the number of US export licenses for Nvidia to sell its H200 artificial intelligence (AI) processors to Chinese customers, according to the top Republican on the House China committee,…
Read MoreIMF’s Georgieva says central bank independence critical, backs Powell
[ad_1] [KYIV] International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and threw her support behind beleaguered Federal Reserve Chair Jerome Powell, who is facing a Trump administration investigation for renovation cost overruns. Georgieva told Reuters in an interview that there was ample evidence that central bank independence…
Read MoreStaggering number of Olympics fans enter ticket lottery in first 24 hours
[ad_1] A record number of people — more than 1.5 million — have sought tickets to LA’s 2028 Olympics since the lottery opened Wednesday morning, officials said. The organizing committee called the early demand unprecedented, noting it comes more than two and a half years before the Games and marks the earliest registration period for…
Read MoreUS getting 30% higher price for Venezuelan oil than Venezuela did weeks ago, energy chief says
[ad_1] [WASHINGTON] US Energy Secretary Chris Wright said on Thursday the US is getting a 30 per cent higher price for Venezuelan crude oil than Venezuela got before US special forces captured President Nicolas Maduro this month. “We’re getting about a 30 per cent higher realised price when we sell the same barrel of oil…
Read MoreFed officials back rate-cut pause as inflation concerns linger
[ad_1] The central bank is widely expected to leave its benchmark unchanged at its Jan 27 to 28 meeting [NEW YORK] Several US Federal Reserve officials speaking on Thursday (Jan 15) signalled a willingness to pause interest-rate cuts at their upcoming policy meeting, citing a labour market that appears to be stabilising and ongoing inflation…
Read MoreEuropean shares extend record run on technology, financial gains
[ad_1] EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive earnings updates and signs of resilience in the German economy. The pan-European Stoxx 600 advanced 0.5 per cent to 614.57 points. Technology stocks gained 2.3 per cent and hovered at levels last seen in 2000, while…
Read MoreUS stocks: Wall Street ends up as banks gain following results; chips rally with TSMC
[ad_1] [NEW YORK] US stocks rose on Thursday after two days of declines as Morgan Stanley and Goldman Sachs shares shot up following upbeat quarterly results, while Taiwan-based chipmaker TSMC’s blockbuster results boosted shares of US chipmakers. Goldman Sachs and Morgan Stanley both reported a rise in quarterly profit, helped by a flurry of dealmaking. Shares of…
Read MoreCrazed NYC commuter brutally punches subway conductor, causing him to hit head on cabin wall: cops, sources
[ad_1] A crazed commuter punched an MTA conductor so hard that he hit his head on the wall of a subway train — during a brutal attack in Queens early Thursday, cops and sources said. The maniac slugged the 37-year-old transit worker in the face on board a Manhattan-bound A train passing through Beach 25th…
Read MoreKyrsten Sinema accused of being a homewrecker, pushing her ex-bodyguard to take molly in bonkers lawsuit
[ad_1] WASHINGTON — Kyrsten Sinema’s famous independent streak impacted her former bodyguard’s fidelity, his ex-wife alleged in a bonkers lawsuit against the ex-senator. Heather Ammel, a mother of three and ex-wife of Sinema’s former bodyguard, accused the Arizonan of destroying their 14-year-long marriage by sustaining an affair with him during their trips together around the…
Read MoreNewsom-linked San Francisco cafe covered in mouse droppings as health inspectors demand action
[ad_1] An iconic San Francisco restaurant with ties to California Governor Gavin Newsom has a major rodent problem. The 112-year-old Balboa Cafe was cited on Tuesday by the city’s public heath department for mice droppings covering food prep areas. The report also shared concerns about dirty floors and hygiene among staff. Getty Images “Observed lots…
Read MoreWho Is Julio Cesar Sosa-Celis? Venezuelan Illegal Migrant Shot in Leg for Trying to Murder ICE Agent in Minneapolis Has Long Criminal History
[ad_1] The three men arrested in connection with the ambush of an ICE agent in Minneapolis on Wednesday have been identified as Venezuelan nationals who had entered the United States illegally under the Biden administration, officials said Thursday, describing the incident as an “attempted murder” of a federal law enforcement officer. The Department of Homeland…
Read MoreVerizon Outage: Real Reason Behind Massive Network Outage Revealed as Investigators Believe No Cyberattack Was Involved
[ad_1] Verizon’s widespread network outage on Wednesday was reportedly triggered by a technical failure originating in a single East Coast state, despite affecting customers nationwide. Officials say early findings suggest the outage may have started when a network server in New Jersey went offline. Law enforcement agencies along the East Coast have been looking into…
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