KARACHI, Pakistan (Reuters) – Pakistan’s central bank foreign reserves decreased by $102 million to $4.09 billion due to external debt payments during the week ended May 26, the central bank said in a statement. The total liquid foreign reserves held by the country stood at $9.513 billion as of May 26. (Reporting by Ariba Shahid…
By Sam Tobin LONDON (Reuters) – Stock photo provider Getty Images has asked London’s High Court for an injunction to prevent artificial intelligence company Stability AI from selling its AI image-generation system in Britain, court filings show. The Seattle-based company accuses the company of breaching its copyright by using its images to “train” its Stable…
By David French and Anirban Sen (Reuters) – Citigroup Inc has hired former UBS Group AG banker Dan Ford as a vice chairman within the natural resources and clean energy transition group of its investment bank, according to an internal memo seen by Reuters on Thursday. Ford has been working with Citi as an external…
(Reuters) -“That ’70s Show” actor Danny Masterson was convicted on Wednesday of raping two women at his Hollywood Hills home. A jury deadlocked on another charge that Masterson raped a third woman between 2001 and 2003, said Greg Risling, a spokesperson for the Los Angeles County District Attorney’s office. Masterson, 47, got his breakout role…
By Jonathan Stempel NEW YORK (Reuters) – Elon Musk is being accused of insider trading in a proposed class action by investors accusing the Tesla Inc CEO of manipulating the cryptocurrency Dogecoin, costing them billions of dollars. In a Wednesday night filing in Manhattan federal court, investors said Musk used Twitter posts, paid online influencers,…
(Reuters) – Warner Bros Discovery Inc senior executive David Leavy has been appointed as chief operating officer of CNN Worldwide, effective June 20, the media network said on Thursday. Leavy, who currently serves as chief corporate affairs officer for Warner Bros Discovery, will assume responsibility over commercial, operational and promotional activities across CNN Worldwide. Ever…
(Reuters) – Warner Bros Discovery Inc senior executive David Leavy has been appointed as chief operating officer of CNN Worldwide, effective June 20, the media network said on Thursday. Leavy, who currently serves as chief corporate affairs officer for Warner Bros Discovery, will assume responsibility over commercial, operational and promotional activities across CNN Worldwide. Ever…
By Suban Abdulla LONDON (Reuters) – Britain’s manufacturing output fell for a third month in a row in May and new orders declined at the fastest pace in four, but there were signs that the worst of the inflation surge may have passed, an industry survey showed on Thursday. The final reading of the S&P…
NEW YORK (Reuters) – Short sellers in U.S. shares related to the semiconductor industry are down $18.31 billion in mark-to-market losses for the year to date, including $7.2 billion in losses since last week’s rally in Nvidia’s stock, according to financial data firm S3 Partners. Nvidia’s shares are up about 28% since May 24, when…
WARSAW (Reuters) – A visa waiver for participants of an art festival in Belarus in July could serve as a gateway for migrants and renew pressure on Poland’s eastern border, a senior Polish security official said on Thursday. Poland has been a refuge for opponents of Belarus President Alexander Lukashenko, and has become one of…
