Category Archives:
U.S. antitrust enforcers tackle digital platforms in new merger guidelines
WASHINGTON (Reuters) - New draft guidelines released by U.S. antitrust enforcers on Wednesday lay the groundwork for tougher scrutiny of planned mergers by Big Tech companies like Amazon.com and Alpha...
Jul 19, 2023
Volkswagen’s efforts to boost valuation stifled by lack of succession plan
By Jan Schwartz and Victoria Waldersee HAMBURG/BERLIN (Reuters) - As Volkswagen regears its strategy around boosting stock market value, investors warned its efforts would be wasted if it does not add...
Jul 19, 2023
Consolidation in wealth management industry to accelerate, Citi survey finds
By Xie Yu HONG KONG (Reuters) - Consolidation within the global wealth management sector will speed up while managers continue to face regulatory challenges, a report based on a global survey by Citig...
Jul 19, 2023
Brazil’s Lula to issue counter-proposal on Mercosur trade deal in 2-3 weeks
(Reuters) - Brazilian President Luiz Inacio Lula Da Silva said on Wednesday he will send the European Union a counter-proposal on the long-delayed trade deal with the South American bloc Mercosur in t...
Jul 19, 2023
Australia’s Westpac splits consumer and business banking unit into two
(Reuters) - Westpac Banking Corp on Wednesday said it would split its consumer and business banking business into two, with each having its own CEO, effective Aug. 1. The bank said Chris de Bruin, cur...
Jul 19, 2023
Analysis-China’s bad first half gets investors hopeful and interested
By Jason Xue and Tom Westbrook (Reuters) - China's disappointing first half has the economy ripe for some help, and investors are preparing to ride an expected short-term wave of stimulus, even if str...
Jul 19, 2023
Factbox-Governments race to regulate AI tools
(Reuters) - Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI's ChatGPT are complicating governments' efforts to agree laws governing the use of the technology. Here are t...
Jul 19, 2023
Japan needs computing power surge to stay in AI race, says govt adviser
By Tim Kelly and Sam Nussey TOKYO (Reuters) - Japan needs to rapidly expand computing power as it vies to become a global leader in artificial intelligence, said Hideki Murai, a special AI adviser to ...
Jul 19, 2023
From pixels to pails, crowdfunded wells quench thirst in Senegal’s drylands
By Ngouda Dione PODOR, Senegal - In the arid expanse of northern Senegal, women traverse kilometres daily carrying heavy buckets of murky water from distant wells and rivers. Water scarcity is so acut...
Jul 19, 2023
Israel’s Herzog to address Congress amid tensions with Washington
By Patricia Zengerle and Steve Holland WASHINGTON (Reuters) - Israeli President Isaac Herzog will address Congress on Wednesday, completing a visit aimed at reassuring the United States that Israel's ...
Jul 19, 2023
Peoria, IL, USA
44 °F Light Rain, Mist
