Aug 22 (Reuters) - Canadian union Unifor said on Saturday it reached tentative agreements with General Motors on behalf of 4,600 members in Ontario.
Here are some details:
• The agreements cover members of the Oshawa Assembly Plant, CAMI Assembly Plant in Ingersoll, and worksites in St. Catharines and Woodstock, Unifor said.
• Unifor National President Lana Payne said the agreements deliver strong income and benefit... (continue reading...)
Aug 22 (Reuters) - Some of Nvidia's largest customers have been told prices of servers containing its AI chips will rise by more than 15% in many cases with memory chip costs soaring, Bloomberg News reported on Saturday.
The price hikes will go into effect on systems shipped early next year and will impact systems including those with the flagship Vera Rubin and Grace Blackwell chips, the report added, citing people familiar with the process. The... (continue reading...)
Aug 22 (Reuters) - Paramount and California state officials are set to meet on Monday to discuss a potential settlement path of the state's lawsuit aimed at stopping Paramount's acquisition of Warner Bros. Discovery, the New York Times reported on Saturday citing sources familiar with the discussions. Here's what to know:
• The talks are preliminary, and there is no assurance that they will lead to meaningful negotiations toward a settlement, the... (continue reading...)
Aug 22 (Reuters) - Israel said it targeted a "terrorist" in southern Syria on Saturday in what Syria's foreign ministry said was a drone strike on a civilian vehicle on the outskirts of Damascus in a "blatant" violation of its territory.
The Syrian foreign ministry said the drone had hit a civilian car on a road near Beit Jinn village in the countryside west of the capital, which caused injuries amongst civilians.
Syrian state TV... (continue reading...)
By Nidhi Verma, Saurabh Sharma and Jatindra Dash
Aug 22 (Reuters) - India's maritime rescue agency on Saturday lost communication with Panama-flagged cargo vessel Ocean Winner, which sank off the coast of eastern India, the Indian Coast Guard said.
The coast guard has so far rescued two people from life rafts. The cause of the sinking was not immediately known.
The vessel had 24 crew on board, including 20 Chinese,... (continue reading...)
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