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German investor morale brightens in October – ZEW
By Maria Martinez BERLIN (Reuters) - German investor morale improved more than expected in October, the ZEW economic research institute said on Tuesday, as market experts forecast a further decline in...
Syndicated Content Oct 17, 2023
Ex-Odey portfolio manager Hanbury aims short bet on private equity – letter
By Nell Mackenzie LONDON (Reuters) - Former Odey Asset Management (OAM) portfolio manager James Hanbury has taken short positions against private equity, which will likely struggle to finance and refi...
Syndicated Content Oct 17, 2023
GenAI startups biggest driver of unicorns, says VC firm Accel
By Supantha Mukherjee STOCKHOLM (Reuters) - Generative artificial intelligence (GenAI) companies have become the major driver of unicorns -- startups reaching $1 billion valuation -- with 60% of the n...
Syndicated Content Oct 17, 2023
U.S. lawmaker seeks answers from Meta, X, Google, TikTok over Israel-Hamas false content
By Zeba Siddiqui SAN FRANCISCO (Reuters) - U.S. Senator Michael Bennet on Tuesday sought information on how tech giants Meta, X, TikTok and Google were trying to stop the spread of false and misleadin...
Syndicated Content Oct 17, 2023
Biden heading to Israel and Jordan, focused on ground offensive and humanitarian crisis
By Steve Holland WASHINGTON (Reuters) - U.S. President Joe Biden leaves on Tuesday on a whirlwind trip to Israel and Jordan to get an update on Israel's war aims in its looming battle with Hamas milit...
Syndicated Content Oct 17, 2023
Japan’s largest labour union to seek wage hike over 5% next year – NHK
TOKYO (Reuters) - Japan's largest labour organisation Rengo is planning to ask for a total pay hike of more than 5%, including a 3% increase in base salaries, at negotiations in spring next year, publ...
Syndicated Content Oct 17, 2023
Chinese AI upstart Baichuan raises $300 million from Alibaba, Tencent, others
HONG KONG/BEIJING (Reuters) - Chinese artificial intelligence (AI) startup Baichuan said on Tuesday it has raised $300 million from investors including Chinese tech giants Alibaba and Tencent. The com...
Syndicated Content Oct 17, 2023
Amazon to launch online shopping service in South Africa in 2024
JOHANNESBURG (Reuters) -U.S. ecommerce firm Amazon said on Tuesday it would launch its online shopping service in South Africa in 2024, entering a market dominated by Naspers' TakeAlot. The online ret...
Syndicated Content Oct 17, 2023
US opens probe into 594 vehicles of GM’s Cruise LLC
(Reuters) - U.S. auto safety regulators said on Tuesday they have opened a preliminary evaluation into about 594 vehicles of General Motors' self-driving unit Cruise LLC. The National Highway Traffic ...
Syndicated Content Oct 17, 2023
Exclusive-China tells banks to roll over local government debts – sources
BEIJING (Reuters) - China has told state-owned banks to roll over existing local government debt with longer-term loans at lower interest rates, two sources with knowledge of the matter said, as part ...
Syndicated Content Oct 17, 2023
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