UK net debt passes 100% of GDP for first time since 1961
LONDON (Reuters) – Britain’s public sector net debt surpassed 100% of gross domestic product in May as borrowing came in…
Business
Shanghai regulators summon Starbucks, Shake Shack citing excessive personal data collection
BEIJING (Reuters) – Chinese regulators in financial hub Shanghai summoned three firms including Starbucks and Shake Shack earlier this week…
Factbox – Graphite producers doing deals with automakers and battery groups
LONDON (Reuters) – Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite demand…
Analysis-Auto firms race to secure non-Chinese graphite for EVs as shortages loom
By Eric Onstad LONDON (Reuters) – Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside…
Transgrid to invest $11 billion to ready Australian state for 100% renewables
By Lewis Jackson SYDNEY (Reuters) -Australia’s most populous state will be ready for 100% renewable energy within a decade under…
Marketmind: Nevermind the cricket, here’s inflation
A look at the day ahead in European and global markets from Tom Westbrook British inflation figures this morning could…
Disney’s diversity chief Latondra Newton leaves firm – source
By Kanjyik Ghosh and Lavanya Sushil Ahire (Reuters) -Disney’s chief diversity officer and senior vice president, Latondra Newton, is leaving…
YouTube to launch its first official shopping channel in South Korea -Yonhap
SEOUL (Reuters) -YouTube will launch its first official shopping channel for live commerce in South Korea on June 30, Yonhap…
Ant Group confirms it is working on own AI large language model
SHANGHAI (Reuters) – A technology research and development team at China’s Ant Group is developing its own large-language model (LLM),…
Rio Tinto reopens iron ore rail line in Western Australia after derailment
MELBOURNE (Reuters) – The world’s biggest iron ore miner Rio Tinto said on Wednesday that it had reopened a rail…