China’s Baidu launches $145 million venture capital AI fund
SHANGHAI (Reuters) – Chinese search giant Baidu Inc will set up a venture capital fund of 1 billion yuan ($145…
Opposition Turkish TV probed for ‘insulting’ election coverage
ANKARA (Reuters) – Turkey’s broadcasting watchdog has launched an inquiry into six opposition TV channels for “insulting the public” with…
North Korea’s space launch programme and long-range missile projects
SEOUL (Reuters) – North Korea made a failed attempt at launching its first spy satellite on Wednesday, with the booster…
Colombia, Venezuela reach agreement to find remains of victims buried by paramilitaries
(Reuters) – Colombia and Venezuela have reached an agreement to search for remains of victims who were killed by paramilitaries…
Italy’s race for savers’ cash could threaten bank profits
By Valentina Za and Sara Rossi MILAN (Reuters) -Italy will launch a new bond aimed at retail investors next week,…
Fed’s Mester says no ‘compelling’ reason to pause rate hikes -FT
(Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester sees no “compelling” reason to wait to implement another interest…
Marketmind: Back to data watching, with US debt bill on track
A look at the day ahead in European and global markets from Sonali Desai With the U.S. debt ceiling bill…
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…
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…