By Kirsty Needham
SYDNEY (Reuters) - Australian business leaders are set to meet China's foreign minister in Canberra, saying their country lacks knowledge of its biggest trading partner and that they will seek insight on how Beijing views Washington, which is "critical" to trade flow.
The Australia China Business Council (ACBC) will host a private meeting between Wang Yi and 11 business, university and think tank representatives on... (continue reading...)
TOKYO (Reuters) - Nippon Steel would move its U.S. headquarters to Pittsburgh where its acquisition target U.S. Steel is based if the deal goes through, an executive said, adding to the pledges from the Japanese steelmaker to secure the transaction.
Nippon Steel's proposed $15-billion takeover of U.S. Steel has drawn sharp criticism in the United States where President Joe Biden said last week the asset should remain domestically owned while his... (continue reading...)
By Jonathan Stempel
NEW YORK (Reuters) - Reddit and Google's YouTube were ordered by a New York state judge to face lawsuits seeking to hold them responsible for helping enable the avowed white supremacist who killed 10 Black people in 2022 at a Buffalo, New York grocery store.
Justice Paula Feroleto of the Erie County Supreme Court said 25 plaintiffs could try to prove that the social media platforms were designed to addict and... (continue reading...)
By David Lawder
WASHINGTON (Reuters) - Internal Revenue Service Commissioner Danny Werfel said on Monday that the tax agency will need to boost its workforce to over 100,000 people over the next three years to achieve its modernization, service and enforcement goals and additional funding will be needed to maintain that extra capacity.
Werfel told reporters on his first anniversary in the IRS' top job that near-term hiring will focus on... (continue reading...)
By Anna Tong and Stephen Nellis
SAN JOSE (Reuters) - Nvidia on Monday unveiled software aimed at making it easier for businesses to incorporate artificial intelligence systems into their work, broadening the chipmaker's offerings.
The release highlights Nvidia's push to expand its presence in the AI application execution sector, called inference, where the company's chips don't dominate the market, said Joel Hellermark, CEO of Sana, a... (continue reading...)
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