By Andy Bruce LONDON (Reuters) – Retailers and the film industry helped Britain’s economy inch higher in April, despite contractions in manufacturing and construction, according to data on Wednesday that pointed to slow growth rather than recession. Britain’s economy grew by 0.2% month-on-month in April, the Office for National Statistics said, matching the consensus in…
BERLIN (Reuters) – Germany’s wholesale prices fell in May compared with the same month last year, according to data released on Wednesday. Wholesale prices decreased by 2.6% on the year and 1.1% on the month, the federal statistics office reported. The office offers more detailed economic data on its website. (Reporting by Anastasiia Kozlova, Editing…
By Sheila Dang (Reuters) – Alphabet’s Google said on Wednesday it is launching two new artificial intelligence-powered features for advertisers that will automatically find the best ad placements for brands across the tech company’s services. AI has dominated the tech industry in recent months as Google and other companies have developed novel chatbots that can…
HONG KONG (Reuters) – Chinese automaker BYD Co Ltd has restarted operations at two showrooms and a service centre in Hong Kong after they were vandalised earlier this week, BYD’s sole agent said in a notice on its website on Wednesday. Restoration work on another showroom in the outlying district of Yuen Long in the…
By Stephen Nellis SAN FRANCISCO (Reuters) – Amazon Web Services, the world’s largest cloud computing provider, is considering using new artificial intelligence chips from Advanced Micro Devices Inc, though it has not made a final decision, an AWS executive told Reuters. The remarks came during an AMD event where the chip company outlined its strategy…
TOKYO (Reuters) – Toyota Motor shareholders gather on Wednesday for the Japanese automaker’s first annual general meeting (AGM) under new CEO Koji Sato, a day after the firm announced a roadmap for solid-state batteries and other electric vehicle (EV) tech. The roadmap could help the world’s top-selling automaker make its case to investors at the…
By Daniel Leussink TOYOTA CITY, Japan (Reuters) -Shareholders of Japan’s Toyota were set to vote for an unprecedented resolution on the automaker’s climate lobbying at an annual general (AGM) meeting on Wednesday, a day after it announced a radical roadmap for electric vehicle (EV) tech. The roadmap amounted to a strong signal to investors that…
(Reuters) – Thousands of popular Reddit communities dedicated to topics ranging from Apple Inc to gaming and music locked out their users on Monday in protest against the company’s plan to charge for access to its data. Starting next month, third-party app developers using Reddit’s vast troves of data will have to pay a price…
SEOUL (Reuters) – South Korea’s jobless rate fell in May to a record low, official data showed on Wednesday, indicating a still robust labour market despite signs of slowing economic growth. The country’s seasonally-adjusted unemployment rate fell to 2.5% in May from 2.6% in April, the lowest since the data series began in June 1999,…
By Samrhitha A and Chavi Mehta (Reuters) -Amazon.com said cloud services offered by its unit Amazon Web Services (AWS) were recovering after a big disruption on Tuesday affected websites of the New York Metropolitan Transportation Authority and the Boston Globe among others. Several hours after Downdetector.com started showing reports of outages, Amazon said many AWS…
