German Industrial Output Drops Unexpectedly in November

Jan 9 Reuters German industrial production unexpectedly fell in November compared to the previous month, the federal statistics office said on Tuesday, marking the sixth monthly decline in a row. Industrial production fell in November by 0.7 compared to the previous month. Analysts polled by Reuters had predicted a 0.2 rise. The statistics office revised […]
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Galeria could be next Insolvency in Signa Empire Sources

DUESSELDORF, Jan 8 Reuters German department store giant Galeria could file for insolvency again as early as this week, two people familiar with the matter said on Monday, joining the list of companies affected by the collapse of Signa founder Rene Benko39;s real estate empire. The insolvency application could come as soon as Tuesday or […]
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Nvidia to Launch ChinaFocused AI Chip in Q2 2024 Sources

BEIJINGSINGAPORE, Jan 8 Reuters U.S. chipmaker Nvidia plans to begin mass production in the second quarter of 2024 of an artificial intelligence AI chip it designed for China to comply with U.S. export rules, two people familiar with the matter said on Monday. The H20 chip is the most powerful of three Chinafocused chips Nvidia developed […]
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