Elon Musk thinks China is interested in an international AI framework
By Kanishka Singh and Anna Tong WASHINGTON (Reuters) -Billionaire Elon Musk said on Wednesday he thinks China is interested in…
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Shanghai Futures Exchange targets commodity storage outside China – sources
By Pratima Desai and Siyi Liu LONDON/BEIJING (Reuters) -The Shanghai Futures Exchange (ShFE) is looking to expand its commodities warehousing…
Disney extends CEO Bob Iger’s contract through 2026
(Reuters) -Walt Disney’s board on Wednesday extended Chief Executive Officer Robert Iger’s contract by two years as the experienced leader…
Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers
By Ananya Mariam Rajesh, Granth Vanaik and Arriana McLymore (Reuters) -Amazon.com’s Prime Day two-day shopping event saw U.S. online sales…
McDonald’s China owners Carlyle, Trustar plan $4 billion exit – Bloomberg News
(Reuters) -Carlyle Group Inc and Trustar Capital are planning to raise $4 billion from wealth funds to buy part of…
US stock investors count on earnings to propel rally after upbeat CPI report
By Lewis Krauskopf NEW YORK (Reuters) -As U.S. inflation cools and growth remains resilient, bullish investors are counting on the…
Bank of Korea stays on hold, price pressures remain
By Jihoon Lee and Joyce Lee SEOUL (Reuters) -South Korea’s central bank held interest rates steady for a fourth straight…
Barclays eyes smaller units for growth in strategic review, risks investor ire
By Sinead Cruise, Lawrence White and Stefania Spezzati LONDON (Reuters) – Barclays is betting it can revive its wilting share…
Kia to invest $200 million in US plant, build EV9 SUV in 2024
By David Shepardson (Reuters) -Kia said on Wednesday it will invest more than $200 million in its assembly plant in…
FTC to appeal judge’s decision to let Microsoft buy Activision
By Diane Bartz WASHINGTON (Reuters) -The U.S. Federal Trade Commission (FTC) said on Wednesday it was appealing a federal judge’s…