LONDON, Feb 10 (Reuters) - Britain said on Tuesday that homegrown chipmaker Fractile will invest 100 million pounds ($136.43 million) in its UK operations over the next three years, including a new hardware engineering facility to support the scale-up of its AI chip production.
The investment from Fractile, a London-based computer chipmaker, will fund a larger UK-based engineering team and support work on next-generation systems designed to run... (continue reading...)
Feb 9 (Reuters) - U.S. President Donald Trump's administration plans to spare firms such as Amazon, Google and Microsoft from upcoming tariffs on chips as they build AI data centers, the Financial Times reported on Monday, citing people familiar with the matter.
The carve-outs would be provided by the Commerce Department and tied to investment commitments made by the Taiwan Semiconductor Manufacturing Company, the report added.
... (continue reading...)SINGAPORE, Feb 10 (Reuters) - Singapore's economy grew 6.9% in the fourth quarter of 2025 from a year earlier, government data showed on Tuesday, higher than an official advance estimate of 5.7%.
On a quarter-on-quarter, seasonally adjusted basis, gross domestic product expanded 2.1% in the October-December period, also higher than an advance estimate of 1.9% growth.
Full-year growth for 2025 came in at 5.0%, compared to a preliminary... (continue reading...)
By Nate Raymond
BOSTON, Feb 9 (Reuters) - An immigration judge has rejected the Trump administration's efforts to deport Tufts University PhD student Rumeysa Ozturk, who was arrested last year as part of its targeting of pro-Palestinian campus activists, her lawyers said on Monday.
Lawyers for the Turkish student detailed the immigration judge's decision in a filing with the New York-based 2nd U.S. Circuit Court of Appeals, which had... (continue reading...)
Feb 9 (Reuters) - The Teamsters Union said on Monday it had sued United Parcel Service, alleging the delivery giant's fresh buyout packages for drivers violated their national contract.
The two agreed to a contract deal covering 340,000 Teamsters-represented workers in 2023. The deal averted a strike at UPS, which has more Teamsters-represented employees than any other U.S. company.
In January, UPS said it would cut up to 30,000 jobs... (continue reading...)
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