Uniqlo parent’s profit seen soaring to a Q3 record on China recovery
By Rocky Swift TOKYO (Reuters) – The Japanese operator of apparel retailer Uniqlo is expected by analysts to post a…
Business
Global accounting firms set up shop in India’s smaller cities
By Manoj Kumar and Jatindra Dash and Sumit Khanna BHUBANESWAR, India (Reuters) – The world’s major accounting firms are stepping…
Australia cabinet will soon decide on next RBA governor – treasurer
By Renju Jose SYDNEY (Reuters) – Australia Treasurer Jim Chalmers said on Wednesday the cabinet would meet soon to decide…
Japan’s wholesale inflation slows for 6th straight month
By Leika Kihara TOKYO (Reuters) – Japan’s wholesale inflation slowed for a sixth straight month in June due to sliding…
JPMorgan plans to lay off 63 employees in Jersey City
By Nupur Anand (Reuters) – JPMorgan Chase plans to lay off 63 employees in Jersey City, New Jersey, according to…
Amazon touts its low-cost cloud computing in generative AI race
By Jeffrey Dastin AUSTIN (Reuters) – A key way that Amazon’s cloud division aims to set itself apart from rivals…
US SEC removes ‘swing pricing’ from money market fund overhaul plan -Bloomberg News
(Reuters) – Money market funds are set for a reprieve on “swing pricing” when Wall Street’s top regulator votes on…
United CEO meets with acting FAA chief after criticism
By David Shepardson WASHINGTON (Reuters) – United Airlines Chief Executive Scott Kirby met on Tuesday with the acting head of…
Mexico’s America Movil Q2 net profit surges to beat estimates
MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil on Tuesday said its net profit surged 89.1% in the second quarter…
IBM mulls using its own AI chip in new cloud service to lower costs
By Stephen Nellis SAN FRANCISCO (Reuters) – International Business Machines (IBM) is considering the use of artificial intelligence chips that…