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Goldman Sachs cuts chances of US recession in next one year to 15%
(Reuters) - Goldman Sachs on Tuesday lowered its probability that a U.S recession would start in the next 12 months to 15% from an earlier 20% forecast. The continued positive inflation and labor mark...
Syndicated Content Sep 05, 2023
India’s services growth slowed slightly in Aug but exports hit record high
By Anant Chandak BENGALURU (Reuters) - Growth in India's dominant services industry lost some steam in August but overall conditions remained strong despite elevated inflationary pressures, according ...
Syndicated Content Sep 05, 2023
Australia’s RBA holds rates steady for 3rd month in Lowe’s last meeting
By Stella Qiu SYDNEY (Reuters) - Australia's central bank on Tuesday kept interest rates steady for a third straight month at the last meeting chaired by Governor Philip Lowe, and reiterated that some...
Syndicated Content Sep 05, 2023
Malaysia mulls rules for Google, Meta to pay news outlets for content
KUALA LUMPUR (Reuters) - Malaysia said on Tuesday it is considering regulations that will make internet giants Alphabet Inc's Google and Facebook parent Meta Platforms compensate news outlets for cont...
Syndicated Content Sep 05, 2023
Marketmind: China optimism dissipates after weak data
A look at the day ahead in European and global markets from Ankur Banerjee Investor sentiment on China remains fragile, with Monday's wave of optimism giving way on Tuesday to rekindled worries about ...
Syndicated Content Sep 04, 2023
China’s Luckin sells 5.4 million Moutai alcohol-infused lattes in a day
BEIJING (Reuters) - Luckin Coffee said on Tuesday that it sold more than 5.42 million cups of the alcohol-infused latte it rolled out with Kweichow Moutai on the first day of its launch, setting a new...
Syndicated Content Sep 04, 2023
Baidu CEO says more than 70 large AI language models released in China
BEIJING (Reuters) - More than 70 large artificial intelligence language models with over 1 billion parameters have been released in China, Baidu Inc CEO Robin Li told an industry event in Beijing on T...
Syndicated Content Sep 04, 2023
UAE’s non-oil business growth slows in August but confidence high-PMI
DUBAI (Reuters) - Growth in non-oil business activity in the United Arab Emirates eased in August to the slowest pace in six months, but business confidence rose to its highest since before the pandem...
Syndicated Content Sep 04, 2023
Former CEO of Brazil’s Americanas denies knowledge of accounting fraud
By Carolina Pulice (Reuters) - Former Americanas Chief Executive Miguel Gutierrez has denied in a letter sent to congressional investigators any knowledge of accounting irregularities during the two d...
Syndicated Content Sep 04, 2023
Disney asks Spectrum customers to switch to Hulu+ amid Charter dispute
(Reuters) - Walt Disney on Monday said it is hopeful that Charter Communications will be ready to have more conversations to reach a distribution deal that will restore access to Disney's content and ...
Syndicated Content Sep 04, 2023
Peoria, IL, USA
61 °F Partly cloudy
