kslmadmin

May 22 (Reuters) – British IT firm Softcat on Friday raised its annual profit forecast on strong corporate demand for AI infrastructure and as customers rush orders to evade shortages in global memory chips. Technology infrastructure firms have benefited from an exponential growth in demand for AI-related products, as companies increasingly incorporate artificial intelligence in their operations. Here are some more details: • Marlow-based firm said it expects mid-teens growth […]

By Jacob Bogage and Parisa Hafezi WASHINGTON/DUBAI, May 22 (Reuters) – Iran’s foreign minister met his Pakistani counterpart on Friday to discuss proposals to end the U.S.-Israeli war, Iranian media reported, with Tehran and Washington still at odds over Tehran’s uranium stockpile and controls on the Strait of Hormuz. Two days after presenting the Iranians with the latest U.S. message in the negotiations, Pakistani Interior Minister Syed Mohsin Naqvi held […]

RALEIGH, N.C. (AP) — The off days added up for the Carolina Hurricanes after they swept their way to another Eastern Conference Final, leading to the longest between-rounds playoff break in more than a century. They started out Thursday night like a team that had been waiting around for nearly two weeks, too. And that has them in yet another hole in the playoff round that keeps growing into a […]

HONG KONG (AP) — Asian shares advanced Friday following modest gains on Wall Street, while oil prices rose as efforts to end the Iran war yielded limited results. Oil prices had eased Thursday in U.S. trading, alleviating pressure from the bond market as yields fell. Earlier this week yields climbed so high they threatened to slow economies worldwide and undercut prices for stocks, bitcoin and all kinds of other investments. […]

KHARTOUM, Sudan (AP) — It was a classic husband’s phone call. He was done for the day and would stop at the market before coming home. But he was returning from war, not work. Fahmy al-Fateh never made it home. His wife, Azaher Abdallah, started calling friends and family, then turned to his colleagues in Sudan ‘s army. Her husband was last seen leaving a military base in the capital, […]

BELGRADE, Serbia (AP) — Serbia ’s protesting university students are gearing up this weekend for their first big rally of the year, in a renewed push for major political changes in the Balkan country run by the authoritarian President Aleksandar Vucic. Thousands of people are expected to gather on Saturday from all over Serbia in the capital, Belgrade. Serbia’s youth movement was behind a wave of mass anti-corruption street protests […]

WARSAW, May 22 (Reuters) – Polish President Karol Nawrocki thanked U.S. President Donald Trump for his decision to send additional U.S. troops to Poland. The expression of gratitude came after Trump said on Thursday the United States would send 5,000 more troops, citing his relationship with conservative nationalist Nawrocki as the reason. “Good alliances are those based on cooperation, mutual respect, and a commitment to our shared security,” Nawrocki wrote […]

May 22 (Reuters) – Polish parcel locker company InPost said on Friday that the €7.8 billion ($9 billion) buyout offer from a consortium made up of FedEx, Advent International and other InPost investors would run from May 26 to July 27. Regulatory clearances for the deal have already been obtained in China, Israel, Italy, Turkey and Ukraine, while reviews by the European Commission and Vietnam are expected to be completed in […]

By Nicoco Chan and Casey Hall SUZHOU, China, May 22 (Reuters) – Asia-Pacific trade envoys gathered in China are expected to discuss multilateral cooperation, trade imbalances and supply chain resilience in the face of global shocks, including the U.S.-Israeli war on Iran. Trade representatives from members of the Asia-Pacific Economic Cooperation (APEC) grouping, which together account for nearly half of global trade, will attend two days of meetings starting Friday […]