Infineon shares slump on Q4 warning, eyes Malaysia expansion
BERLIN (Reuters) – Shares of German chipmaker Infineon tumbled 10% on Thursday after it forecast fourth-quarter revenue would come in…
2023
Decline in euro zone business activity accelerated in July
By Jonathan Cable LONDON (Reuters) -The downturn in euro zone business activity worsened more than initially thought in July as…
China’s Tencent says it is internally testing its ‘Hunyuan’ AI model
By Josh Ye HONG KONG (Reuters) – China’s Tencent Holdings said that its self-developed artificial intelligence (AI) model has entered…
Tesla’s China-made EV sales slump 31% in July m/m
BEIJING/SHANGHAI, August 3 (Reuters) – U.S. automaker Tesla sales of its China-made vehicles slumped 31% in July from a month…
Rights groups seek ‘credible’ probe into Greece migrant shipwreck that killed hundreds
ATHENS (Reuters) – Amnesty International and Human Rights Watch on Thursday called for a “credible” probe into a migrant shipwreck…
‘Narco-deforestation’ in focus at upcoming summit of Amazon nations
By Jake Spring and Gabriel Stargardter SAO PAULO (Reuters) – When the presidents of Amazon nations including Brazil, Peru and…
Turkish cenbank governor, Finance Minister to attend JP Morgan investor meeting on Friday -sources
By Orhan Coskun and Karin Strohecker ISTANBUL/LONDON (Reuters) – Turkish Central Bank Governor Hafize Gaye Erkan and Finance Minister Mehmet…
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…
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…