Disneyland dragon catches fire in California, no injuries reported
By Kanishka Singh (Reuters) – A 45-foot tall Disneyland dragon burst into flames after catching fire late on Saturday during…
Business
Exclusive-China guides banks to further cut deposit rates – sources
(Reuters) – China nudged banks this month to cut deposit interest rates further, seven people with knowledge of the matter…
U.S. oil refiners to post strong Q1 earnings, but demand outlook dims
By Laura Sanicola (Reuters) – U.S. fuelmakers are expected to post higher first-quarter earnings in coming days on strong fuel…
Russia’s Sberbank releases ChatGPT rival GigaChat
(Reuters) – Russian lender Sberbank said on Monday it had released technology called GigaChat as a rival to ChatGPT, initially…
Italy plans looser rules on short-term jobs, tax cuts on wages
By Giuseppe Fonte ROME (Reuters) – Italy plans contested legislation that will make it easier for firms to hire workers…
South Koreans tap cash-giving apps to help offset rising living costs
By Hyunsu Yim SEOUL (Reuters) – Throngs of people have been milling seemingly aimlessly around the forecourt of a museum…
Philips shares jump on recall provision and profit improvement
By Bart H. Meijer AMSTERDAM (Reuters) -Philips shares jumped 13% on Monday as the Dutch health technology company reported much…
Citigroup’s Asia Q1 wealth revenue jumps 20% amid new clients, investment gains
HONG KONG (Reuters) -Citigroup’s Asia wealth revenue surged 20% in the first quarter of 2023, backed by investment gains, insurance…
Japan’s Nidec posts first quarterly loss in 10 years
TOKYO (Reuters) – Japanese electric motor maker Nidec Corp on Monday posted its first quarterly operating loss in a decade,…
UBS retains risk chief to bolster controls for Credit Suisse deal
ZURICH (Reuters) -Switzerland’s UBS said on Monday it will retain Christian Bluhm as chief risk officer for the “foreseeable future”…