Thai April factory output drops 8% y/y, worse than forecast
BANGKOK (Reuters) – Thailand’s manufacturing production index (MPI) in April contracted by a more-than-expected 8.14% from a year earlier, as…
Business
Foxconn sees AI driving strong server demand, but full year to be flat
TAIPEI (Reuters) – Apple Inc supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server…
China’s factory activity falls faster than expected as recovery stumbles
By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s factory activity shrank faster than expected in May on weakening…
Deepfaking it: America’s 2024 election collides with AI boom
(Note: Strong language in paragraph 10) By Alexandra Ulmer and Anna Tong (Reuters) – “I actually like Ron DeSantis a…
FedEx reaches tentative deal with pilot union
(Reuters) -FedEx Corp has reached a tentative agreement with pilots of its air delivery unit who had voted in favor…
Australia’s central bank shuns PwC after tax plan leaks
By Lewis Jackson SYDNEY (Reuters) -The Reserve Bank of Australia will not sign any new contracts with PricewaterhouseCoopers (PwC) Australia…
Australia inflation accelerates in April, keeps pressure on RBA
By Stella Qiu SYDNEY (Reuters) – Australian consumer prices rose by more than expected in April on a jump in…
S.Korea April factory output falls, retail sales drop most in 5 months
SEOUL (Reuters) -South Korea’s factory production and retail sales fell in April, underscoring another tough quarter after the economy narrowly…
Nvidia CEO Jensen Huang: Leather-jacketed boss of trillion-dollar chip firm
By Yuvraj Malik, Samrhitha A and Stephen Nellis (Reuters) -When the pandemic forced Nvidia Corp to hold a major product…
US House committee votes to advance debt ceiling bill
WASHINGTON (Reuters) – A bill to suspend the $31.4 trillion U.S. debt ceiling and avert a disastrous default advanced on…