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Thai Aug factory output falls 7.5% y/y, more than forecast
BANGKOK (Reuters) - Thailand's manufacturing production index (MPI) in August dropped 7.53% from a year earlier, the industry ministry said on Thursday, as exports slowed amid soft global demand. The ...
Syndicated Content Sep 27, 2023
German Chancellor says economy is facing cyclical downturn- Wirtschaftswoche
BERLIN (Reuters) - The cyclical weakness of the German economy shouldn't be perceived as a structural problem, German Chancellor Olaf Scholz said on Thursday in an interview with business weekly Wirts...
Syndicated Content Sep 27, 2023
Tencent-backed AI chip startup Enflame raises $2.7 billion from state-linked investors, others
(Reuters) - China's artificial intelligence (AI) chip startup Enflame, backed by tech giant Tencent, on Thursday said it raised 20 billion yuan ($2.74 billion) from investors including funds linked to...
Syndicated Content Sep 27, 2023
Germany’s Scholz “not convinced” about tariffs on Chinese EVs -Wirtschaftswoche
BERLIN (Reuters) - German Chancellor Olaf Scholz told business weekly Wirtschaftswoche that he was not convinced about the need to impose tariffs on Chinese electric vehicles (EV). The European Commis...
Syndicated Content Sep 27, 2023
IT services provider Kyndryl plans to separate its China business – FT
(Reuters) - U.S.-based IT services provider Kyndryl Holdings is planning to split off its China business and has told some employees about the decision, the Financial Times reported on Wednesday, citi...
Syndicated Content Sep 27, 2023
Singapore announces $801 million package to ease cost of living
SINGAPORE (Reuters) - Singapore's finance ministry on Thursday announced an additional S$1.1 billion ($801.98 million) to help households handle increases in the cost of living. The finance ministry i...
Syndicated Content Sep 27, 2023
Australia job vacancies tumble from record levels in latest quarter
By Stella Qiu SYDNEY (Reuters) - Job vacancies in Australia slid from record levels in the three months to August, adding to signs that the country's labour shortage might be easing as interest rate h...
Syndicated Content Sep 27, 2023
Hollywood’s striking actors, studios to resume negotiations next week
(Reuters) - Negotiators for the striking Hollywood actors and the studios will meet for talks on Oct. 2, the parties said in a joint statement on Wednesday. The SAG-AFTRA actors union, Hollywood's lar...
Syndicated Content Sep 27, 2023
Exclusive-HSBC to acquire Citigroup China consumer wealth business -sources
By Selena Li HONG KONG (Reuters) -HSBC is set to acquire Citigroup's China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge of the matter s...
Syndicated Content Sep 27, 2023
X CEO Yaccarino says Musk-owned platform could turn a profit next year
By Sheila Dang and Dawn Chmielewski (Reuters) - Social media platform X could turn a profit in early 2024, Chief Executive Officer Linda Yaccarino said on Wednesday, during a wide-ranging interview in...
Syndicated Content Sep 27, 2023
Peoria, IL, USA
52 °F Rain
