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Volvo Car’s sales up 10% in March
COPENHAGEN (Reuters) - Sweden-based Volvo Car AB said on Wednesday its sales increased by 10% year-on-year in March to 162,938 cars, helped mainly by the company's fully electric cars. Volvo Cars, maj...
Syndicated Content Apr 05, 2023
Swiss regulator calls for more power after Credit Suisse debacle
BERN (Reuters) - Switzerland's financial regulator FINMA called for more power to penalise and name and shame banks that break the rules, following the collapse of the country's second-biggest bank, C...
Syndicated Content Apr 05, 2023
FedEx to outline plans for fiscal 2024, 2025 cost reductions
LOS ANGELES (Reuters) - FedEx Corp on Wednesday will lay out the next steps in its plan to slash $4 billion in permanent costs by the end of fiscal 2025. Executives at the Memphis, Tennessee-based pac...
Syndicated Content Apr 05, 2023
Australian mayor readies world’s first defamation lawsuit over ChatGPT content
By Byron Kaye SYDNEY (Reuters) - A regional Australian mayor said he may sue OpenAI if it does not correct ChatGPT's false claims that he had served time in prison for bribery, in what would be the fi...
Syndicated Content Apr 05, 2023
Taiwan president set for historic meeting with US House Speaker in California
By Michael Martina and David Brunnstrom LOS ANGELES (Reuters) - Taiwanese President Tsai Ing-wen is set to meet U.S. House Speaker Kevin McCarthy on Wednesday in the first such meeting on U.S. soil, a...
Syndicated Content Apr 05, 2023
West African countries struggle to raise funds from regional debt market
By Loucoumane Coulibaly ABIDJAN (Reuters) - West African countries of the eight-nation economic and monetary union are struggling to raise funds on the regional capital market, as investors demand hig...
Syndicated Content Apr 05, 2023
UK cloud market needs competition probe -Ofcom
LONDON (Reuters) - British communications regulator Ofcom said it planned to ask the competition regulator to investigate cloud services, a market dominated by Amazon and Microsoft. Ofcom said on Wedn...
Syndicated Content Apr 05, 2023
German industrial orders rise more than expected in February
BERLIN (Reuters) - German industrial orders rose more than expected in February driven by strong growth in the vehicle construction sector. Orders increased by 4.8% on the previous month on a seasonal...
Syndicated Content Apr 05, 2023
Wanted! Investors demand Italy hire renewable expert, global networker to run Enel
By Francesca Landini, Giuseppe Fonte and Angelo Amante MILAN/ROME (Reuters) - Expertise in renewables and an international focus are what investors want to see from a new head of state-controlled Enel...
Syndicated Content Apr 05, 2023
Japan’s economy runs below capacity, low rates may stay in place
TOKYO (Reuters) - Japan's economic output ran below full capacity for the 11th straight quarter in October-December, central bank data showed on Wednesday, suggesting that conditions for ending ultra-...
Syndicated Content Apr 05, 2023
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