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AI threatens wages, not jobs – so far, ECB paper finds
FRANKFURT (Reuters) - The rapid adoption of artificial intelligence could reduce wages, but so far is creating, not destroying jobs, especially for the young and highly-skilled, research published by ...
Syndicated Content Nov 28, 2023
UBS chairman says Swiss financial regulator needs more teeth
ZURICH (Reuters) -UBS Chairman Colm Kelleher has called for the Swiss financial industry regulator FINMA to be given more powers after the downfall of Credit Suisse showed the authority lacked suffici...
Syndicated Content Nov 28, 2023
EasyJet delivers robust full-year results, Israel war hurts outlook
By Joanna Plucinska LONDON (Reuters) -EasyJet on Tuesday reported 2023 earnings slightly ahead of analysts' expectations after a year of robust travel demand and forward bookings, but the British carr...
Syndicated Content Nov 28, 2023
Nippon Life to buy Nichii Holdings for about $1.41 billion – Nikkei
TOKYO (Reuters) - Japan's Nippon Life Insurance will acquire Nichii Holdings for about 210 billion yen ($1.41 billion), the Nikkei reported on Tuesday. Nippon Life has agreed to buy all the outstandin...
Syndicated Content Nov 28, 2023
Black Sea navigation in Russia remains restricted amid storm
MOSCOW (Reuters) - Navigation remains restricted around Russia's Black Sea ports in the Krasnodar region due to a storm, the ministry of transport said on Tuesday. "The mercantile fleet remains offsho...
Syndicated Content Nov 28, 2023
Euro zone corporate lending contracts as economy shrinks: ECB data
FRANKFURT (Reuters) - Lending to euro zone firms dipped into negative territory for the first time since 2015, data from the European Central Bank showed on Tuesday, as the bloc was likely in recessio...
Syndicated Content Nov 28, 2023
Second endangered Sumatran rhino born in Indonesia
JAKARTA (Reuters) - Another Sumatran Rhinoceros was born in an Indonesian sanctuary last week, the Environment Ministry said, the second birth of this critically endangered animal at the reserve this ...
Syndicated Content Nov 28, 2023
France reports bird flu on turkey farm as disease spreads in Europe
PARIS (Reuters) - France has detected an outbreak of highly pathogenic bird flu virus on a turkey farm in the northwest of the country, the agriculture ministry said on Tuesday, as a seasonal wave of ...
Syndicated Content Nov 28, 2023
China food delivery firm Meituan’s Q3 revenue beats estimates
By Casey Hall SHANGHAI (Reuters) -China's Meituan posted a bigger-than-expected 22.1% rise in third-quarter revenue on Tuesday, as the country's largest food delivery firm continued its recovery from ...
Syndicated Content Nov 28, 2023
Atos considers sale of additional assets
(Reuters) - IT service provider Atos said on Tuesday it was considering the sale of additional assets to address the group's capital raising plan and upcoming debt maturities in 2025. "Atos is assessi...
Syndicated Content Nov 28, 2023
Peoria, IL, USA
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