WASHINGTON (Reuters) -The U.S. will make it more difficult for global chipmakers Samsung, SK Hynix ( HXSCF ) and Intel ( INTC ) to produce chips in China by revoking permission for the companies to receive American semiconductor manufacturing equipment there, according to the Federal Register. The U.S. Commerce Department had granted the authorizations for the companies to make chips...

09:08 AM EDT, 08/29/2025 (MT Newswires) -- Brown-Forman (BF.A, BF.B) is still seen as a show me story and needs to post multiple quarters of consistency in order to regain investor confidence, RBC Capital said in a Friday note. The alcoholic beverage producer's visibility is still lacking as improvements are needed in key developed markets so that the stock can...

09:03 AM EDT, 08/29/2025 (MT Newswires) -- Alibaba Group ( BABA ) reported better-than-expected fiscal first-quarter earnings on Friday, although revenue fell short of estimates despite double-digit growth in the Chinese e-commerce giant's cloud business. The company posted adjusted earnings of 14.75 renminbi ($2.06) per American depositary share for the June quarter, down from 16.44 renminbi a year earlier, but...

Aug 29 (Reuters) - Grain trader Archer-Daniels-Midland ( ADM ) said on Friday it plans to cease operations at its plant in Bushnell, Illinois. ...