Rolls-Royce’s turnaround delivers fivefold increase in profit
By Paul Sandle LONDON (Reuters) -Aero-engineer Rolls-Royce on Thursday reported a strong recovery in profit as its new CEO’s turnaround…
August 3, 2023
Toronto home prices fall for second straight month in July
TORONTO (Reuters) – Greater Toronto Area (GTA) home prices fell in July for the second straight month and home sales…
Alibaba rolls out open-sourced AI model to take on Meta’s Llama 2
By Josh Ye HONG KONG (Reuters) – Chinese tech giant Alibaba Group’s cloud computing unit released two open-sourced artificial intelligence…
Canadian dollar prospects rise as analysts eye end of global rate hikes: Reuters poll
By Fergal Smith TORONTO (Reuters) – Analysts have raised their bullish forecasts on the Canadian dollar as central banks globally,…
Rising domestic violence is a hidden front in Ukraine’s war
By Layli Foroudi DNIPRO, Ukraine (Reuters) – When the body of 34-year-old Liubov Borniakova was found in her home in…
UK services growth cools to six-month low in July: PMI
LONDON (Reuters) – Growth across British services companies slowed last month to its lowest level since January, a business survey…
EU banks face liquidity checks next year after 2023 crises
By Huw Jones LONDON (Reuters) – European Union banks’ plans for surviving a major crisis without having to tap central…
France’s services sector contracts in July by more than first thought-PMI
By Sudip Kar-Gupta PARIS (Reuters) – France’s services sector contracted by a bit more than first forecast in July, according…
In India, it’s advantage Tesla as Chinese automakers face heat
By Aditi Shah, Aftab Ahmed and Aditya Kalra NEW DELHI (Reuters) -China’s loss in India could be Elon Musk’s gain….
Volvo Cars sales up 21% year-on-year in July
OSLO (Reuters) -Sweden’s Volvo Cars on Thursday reported a 21% rise in car sales in July from a year earlier,…