By Sharon Bernstein (Reuters) – In addition to writing about their favorite songs and why they want to go to college, students applying to Emory University in Atlanta this fall will get new essay prompts aimed at teasing out details about their cultural backgrounds. The revised questions are among the changes at Emory and other…
(Reuters) – Uber Technologies said on Tuesday Chief Financial Officer Nelson Chai will leave the ride-hailing company in January next year. (Reporting by Akash Sriram in Bengaluru; Editing by Shinjini Ganguli)
SHANGHAI/BEIJING (Reuters) – China’s currency regulators are asking some commercial banks to reduce or postpone their purchases of U.S. dollars in order to slow the yuan’s depreciation, two people with direct knowledge of the matter said. The informal instruction, or the so-called window guidance, is the latest in a series of steps taken by authorities…
(Reuters) – Amazon.com said on Tuesday it is planning to invest about $7.2 billion through 2037 in Israel, and launched its Amazon Web Services (AWS) data centers in the country. Amazon’s cloud services in the region will allow the country’s government to run applications and store data in data centers located in Israel. “The establishment…
A look at the day ahead in U.S. and global markets from Mike Dolan After notching a fifth straight month of gains for July, Wall St stocks looked set to step back on Tuesday as a deluge of corporate earnings hit this week and poor manufacturing soundings from around the world set a more edgy…
(Reuters) – Tech giants Apple and Microsoft remained the top two global companies by market capitalisation at the end of July after riding this year’s rally in technology shares. Apple last month became the first company in the world to reach a market value of $3 trillion, buoyed by hopes over its expansion in new…
BEIJING (Reuters) – Chinese ministries, regulators and the central bank on Tuesday pledged more financing support to small businesses, suggesting an urgency among policymakers to revive the private sector amid a flagging economic recovery. China will encourage financial institutions to offer targeted and diversified financial support to some small and medium-sized enterprises in the manufacturing…
By Michael Martina WASHINGTON (Reuters) – The U.S. State Department’s former top China policy official, Rick Waters has joined Eurasia Group, the consulting firm said on Tuesday, after a nearly three-decade career as a diplomat. Waters, who in June stepped down from his role leading the State Department’s “China House” policy division at a time…
By Noel Randewich (Reuters) – It’s a high bar, but companies reporting second-quarter earnings in recent weeks have talked up artificial intelligence even more than in the previous quarter. S&P 500 companies that led in discussion of AI during quarterly conference calls with analysts earlier this year have outdone themselves in their latest quarterly calls….
By Sheila Dang and Katie Paul (Reuters) – Reels, Meta Platforms’ answer to viral short-form video app TikTok, elicited eyerolls when it launched in 2020 and was regarded as yet another example of Meta copying a popular rival. But on Wednesday, Meta revealed numbers that show Reels videos are growing rapidly among both users and…
