Category Archives:
South Africa’s central bank lifts key rate by 50 basis points
By Anait Miridzhanian, Bhargav Acharya and Kopano Gumbi PRETORIA (Reuters) - South Africa's central bank raised its repo rate by 50 basis points (bps) to 8.25% on Thursday, as it lifted its inflation ...
May 25, 2023
Dish Network surges after report of talks to sell wireless plans via Amazon
(Reuters) -Shares of Dish Network Corp surged over 15% on Thursday, after a report said the company was in talks to sell its wireless plans through Amazon.com Inc . The potential tie-up would open up ...
May 25, 2023
Chemical maker Dow signs supply agreement for bio-plastic materials
(Reuters) - U.S. chemical maker Dow Inc said on Thursday it had signed a long-term supply agreement with bio-conversion company New Energy Blue for plastic materials made from corn residue, in a bid t...
May 25, 2023
Senators urge Commerce to prioritize national security in chips funding
WASHINGTON (Reuters) - Two key U.S. senators said Thursday they want the Commerce Department to prioritize national and economic decisions in awarding $39 billion in semiconductor manufacturing subsid...
May 25, 2023
TikTok testing AI chatbot called ‘Tako’, research firm says
By Josh Ye HONG KONG (Reuters) - Social media platform TikTok is testing an artificial intelligence (AI) chatbot that can converse with users about short videos and help them discover content, an app ...
May 25, 2023
Alibaba says to hire this year, refuting layoff rumours
SHANGHAI (Reuters) - Alibaba Group Holding Ltd said on Thursday it planned to hire 15,000 people this year, dismissing rumours circulating on Chinese social media in recent days that the company plann...
May 25, 2023
Forty Cannes film festivals viewed through one photographer’s lens
By Rosalba O'Brien (Reuters) - When Eric Gaillard first went to photograph the Cannes Film Festival in 1981, it was a smaller, more intimate affair - the kind of place where you could see the greats f...
May 25, 2023
US auto sales to rise in May as inventories improve – report
(Reuters) - New vehicle sales in the U.S. are expected to rise in May, on robust demand for personal transport and improving inventories at dealers, a report from industry consultants showed on Thursd...
May 25, 2023
OpenAI’s Sam Altman raises $115 million for Worldcoin crypto project
(Reuters) - OpenAI Chief Executive Sam Altman has raised $115 million in a Series C funding round led by Blockchain Capital for a cryptocurrency project he co-founded. The project, Worldcoin, aims to ...
May 25, 2023
Microsoft chief calls for humans to rule AI, safeguard critical infrastructure
By Diane Bartz WASHINGTON (Reuters) - Microsoft President Brad Smith called on Thursday for the people behind artificial intelligence to be held accountable for shortcomings and urged lawmakers to ens...
May 25, 2023
Peoria, IL, USA
75 °F Partly cloudy
