Analysis-Jet orders boom as airlines fear shortage

By Tim Hepher PARIS (Reuters) – Planemakers can’t build them but airlines can’t stop buying them. Even as they wrestle with industrial problems preventing the delivery of jets sold before the pandemic, Airbus and Boeing are totting up billions of dollars of new orders stretching beyond 2030 amid a rebound in air travel. From Air…

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Hong Kong Q1 GDP grew 2.7% y/y, sees tourism, consumption driving recovery this year

HONG KONG (Reuters) -Hong Kong’s economy grew 2.7% in the first quarter from a year earlier, government data showed on Friday, thanks to a strong recovery of inbound tourism and domestic demand which would remain drivers for growth this year. It was the first quarter of growth after four consecutive ones of contraction. The city’s…

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Hollywood writers try to strike a love match while picketing

By Rollo Ross and Danielle Broadway BURBANK, California (Reuters) – As striking Hollywood writers protest working conditions, some are seeking more than a new labor contract. They are also looking for love on the picket lines. Single members of the Writers Guild of America gathered outside the Universal Studios lot this week for a combination…

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Apple to open first online shop in Vietnam in a push to emerging market

(Reuters) – Apple said on Friday it would open its first online store in Vietnam next week, as the iPhone vendor doubles down on emerging markets to drive growth amid slowing sales in China. The opening on May 18 comes just weeks after the Cupertino, California-based company opened its first Apple stores in India –…

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Thailand economy likely picked up speed in Q1 as tourism rebounds – Reuters poll

By Sujith Pai BENGALURU (Reuters) – Thailand’s economy likely picked up speed in the first quarter aided by a strong recovery in the tourism sector and a rebound in private consumption, but a weakening global economy poses the biggest risk to the outlook, a Reuters poll found. The tourism-reliant economy’s recovery has lagged its regional…

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Disney shares fall most since Iger’s return after streaming subscriber losses

By Aditya Soni (Reuters) -Walt Disney Co shares ended down more than 8% on Thursday as a surprise drop in streaming subscribers fanned worries that the media and entertainment company could be sacrificing growth in its bid to stem losses. The decline erased about $16 billion from the company’s market value and marked the stock’s…

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From PaLM to Sidekick, Google serves up a ‘smorgasbord’ of AI

By Greg Bensinger (Reuters) -Google announced a flurry of artificial intelligence products – but users might need AI just to understand them all. The Alphabet Inc unit on Wednesday demonstrated or referenced at least 15 different AI products and features ranging from software solely for creating smartphone wallpaper to another for organizing personal files to…

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Chinese baby product firms seek to age up, sell more abroad as population falls

By Farah Master HONG KONG (Reuters) – For many of China’s manufacturers of baby and children’s products, painful reverberations from last year’s historic decline in the country’s population are already upon them. Domestic sales are shrinking and the scramble is on to develop new streams of revenue, whether that be diversifying into products for adults…

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