Press Digest: Wall Street Journal - August 11

Avantor

11/08/2025 05:35

Aug 11 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Nvidia NVDA.O and AMD AMD.O have agreed to give the U.S. government 15% of the revenues from chip sales in China, as part of an arrangement with the Trump administration to obtain export licenses for the semiconductors.

- Activist investor Engine Capital has built a stake in Avantor AVTR.N and plans to push the life-sciences company to sell itself or make other changes.

- Intel INTC.O CEO Lip-Bu Tan is set to visit the White House on Monday after U.S. President Donald Trump called for his removal last week.

- The Trump administration is interviewing candidates to lead the Bureau of Labor Statistics, including E.J. Antoni, chief economist at the conservative Heritage Foundation.

    - Liu Jianchao, a senior Chinese diplomat widely seen as a potential future foreign minister, has been taken away by authorities for questioning.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))