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Exclusive-South African utility Eskom pollutes more in bid to keep lights on
By Promit Mukherjee JOHANNESBURG (Reuters) - Four of South African state utility Eskom's 15 coal-fired power plants are breaching government emissions regulations as it pushes ageing facilities to the...
Syndicated Content Sep 27, 2023
Analysis-Harsh reality of ‘higher-for-longer’ rates looms over US stocks
By Lewis Krauskopf, David Randall and Carolina Mandl NEW YORK (Reuters) - As the Federal Reserve's hawkish stance boosts Treasury yields and slams stocks, some investors are preparing for more pain ah...
Syndicated Content Sep 27, 2023
Russian trade, remittances boost Central Asia growth prospects – EBRD
By Jorgelina do Rosario LONDON (Reuters) - Central Asian economies from Mongolia to Kazakhstan and Uzbekistan will see strong growth this year and next thanks to rising trade and remittance flows from...
Syndicated Content Sep 27, 2023
Rate jitters wear down wary markets
A look at the day ahead in European and global markets from Ankur Banerjee Investor nerves remain frayed over the prospect of interest rates staying higher for longer, with a surge in U.S. Treasury yi...
Syndicated Content Sep 26, 2023
Samsung SDI to invest $2 billion to build second joint battery plant in US with Stellantis
SEOUL (Reuters) - South Korea's Samsung SDI Co Ltd said on Wednesday it plans to invest 2.7 trillion won ($2.00 billion) to build a second joint electric vehicle (EV) battery plant with Stellantis NV ...
Syndicated Content Sep 26, 2023
Exclusive-Biden officials kept immigration jails despite internal cost concerns
By Ted Hesson (Reuters) - Biden administration officials last year recommended closing or downsizing nine immigration detention centers because of high costs and staffing shortages, a move that could ...
Syndicated Content Sep 26, 2023
China enforces new filing rules on smartphone app stores
HONG KONG (Reuters) - China's cyberspace regulator on Wednesday released the first batch of mobile app stores that have completed filing business details to regulators as it enforces a new set of rule...
Syndicated Content Sep 26, 2023
China Evergrande’s Chairman Hui is under police surveillance – Bloomberg News
(Reuters) -Hui Ka Yan, the chairman of China Evergrande Group, has been placed under police surveillance, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. Hui was take...
Syndicated Content Sep 26, 2023
Ex-Apple designer Ive, OpenAI’s Altman discuss AI hardware -The Information
(Reuters) - Apple's former design chief, Jony Ive, and OpenAI CEO Sam Altman have been discussing building a new artificial intelligence (AI) hardware device, The Information reported on Tuesday, citi...
Syndicated Content Sep 26, 2023
China’s funding round to boost chip industry struggling to raise target of $41 billion – FT
(Reuters) - The funding round launched by China to support its semiconductor industry is struggling in the initial phases to raise its target of 300 billion yuan ($41.1 billion), with the difficult ec...
Syndicated Content Sep 26, 2023
Peoria, IL, USA
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