Category Archives:
Tesla delivers 88,869 China-made EVs in March – CPCA
(Reuters) - Tesla sold 88,869 units of China-made electric vehicles (EV) in March for both domestic sales and exports, up 35.0% from a year ago, data published by the China Passenger Car Association (...
Apr 04, 2023
BoE might need to cut rates sooner than thought, Tenreyro says
LONDON (Reuters) -The Bank of England will probably need to start cutting interest rates sooner than previously thought after raising them sharply in recent months despite signs of weaker inflation pr...
Apr 04, 2023
Foreign cash streaming back to China after Alibaba’s plans
By Xie Yu and Jason Xue HONG KONG/SHANGHAI (Reuters) - Foreign investors are steadily marching into China in the wake of Alibaba's plans to restructure, with money managers reckoning it is the latest ...
Apr 04, 2023
Hello AInstein! Robot with ChatGPT shakes up Cyprus classrooms
By Yiannis Kourtoglou (Reuters) - High school students and their tutors in Cyprus have developed a prototype robot powered with ChatGPT artificial intelligence technology to harness and improve teachi...
Apr 04, 2023
Biden to discuss risks of AI in Tuesday meeting with science advisers
By Jeff Mason WASHINGTON (Reuters) - U.S. President Joe Biden will discuss the "risks and opportunities" that artificial intelligence poses for people, society and national security during a meeting w...
Apr 04, 2023
Risks loom over China’s top tier banks from property downturn, higher costs
By Ziyi Tang and Ryan Woo BEIJING (Reuters) - China's largest banks will see near-term revenue and margin pressures on a persisting property sector downturn, higher costs and a worsening global macro ...
Apr 04, 2023
Indonesia’s Pertamina to spend nearly $2 billion to improve safety
JAKARTA (Reuters) -Indonesian state oil firm PT Pertamina plans to spend nearly $2 billion in the period up to 2026 to improve safety at its facilities, executives said on Tuesday, as lawmakers grille...
Apr 04, 2023
Fitch says Alibaba’s new structure will not impact credit profile
(Reuters) - Fitch Ratings on Tuesday said that it doesn't expect Alibaba Group Holding Limited's new structure to bring about an immediate change in its credit profile. The credit rating agency said t...
Apr 04, 2023
Credit Suisse chairman: “I am truly sorry”
ZURICH (Reuters) - Credit Suisse's chairman told a room full of shareholders that he was "truly sorry" the Swiss bank was not able to get back on track at its final annual general meeting on Tuesday, ...
Apr 04, 2023
Asia’s cashed-up companies beat market as volatility swirls
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) - Shares of Asian companies with big cash balances are outperforming the broader market and analysts say the money will be a cushion against vola...
Apr 04, 2023
Peoria, IL, USA
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