(Reuters) – Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws governing the use of the […]
Daimler Truck Sees Multi-million Euros In Storm Damage At Plant
(Reuters) – A severe storm that hit a Mercedes-Benz plant in the central German city of Kassel last week is estimated to have caused damage […]
Stocks Show Resilience To Wall Of Rates And Inflation Worries
By Huw Jones LONDON (Reuters) – Global shares were steady on Friday as investors scrutinised inflation data from both sides of the Atlantic to cap […]
How Hedge Funds Plan To Trade The Second Half Of 2023
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON/NEW YORK/HONG KONG (Reuters) -For hedge funds, the second half of 2023 is all about pouncing on […]
Oil Heads For First Monthly Gain This Year As Supply Tightens
By Arathy Somasekhar and Muyu Xu (Reuters) -Oil prices stayed steady on Friday with Brent poised for its first monthly gain this year, as a […]
Marketmind: Markets Await Euro Zone Inflation; Wary Of Yen
A look at the day ahead in European and global markets from Ankur Banerjee After German inflation bucked the trend and rose more than expected […]
China’s Factory, Service Sectors Stumble As Economic Malaise Broadens
By Joe Cash BEIJING (Reuters) -China’s factory activity declined for a third straight month in June and weakness in other sectors deepened, official surveys showed […]
Spirit AeroSystems Union Workforce Approves New Contract, Ending Strike At Kansas Plant
By Valerie Insinna WASHINGTON (Reuters) -Spirit AeroSystems said it would begin resuming operations at its plant in Wichita, Kansas, on Friday, after union workers on […]
Judge Grills FTC About Data In Hearing On Microsoft Deal To Buy Activision
By Diane Bartz WASHINGTON (Reuters) -The judge hearing the U.S. Federal Trade Commission’s fight against Microsoft’s planned purchase of “Call of Duty” maker Activision Blizzard […]
South Korea May Factory Output Gets Boost From Cars And Chips
SEOUL (Reuters) – South Korea’s factory production unexpectedly jumped in May, led by cars and chips, official data showed on Friday, while retail sales also […]