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Microsoft-backed AI4Bharat set to raise $12 million funding from Peak XV, Lightspeed – sources
By Yuvraj Malik (Reuters) - AI4Bharat, a start-up backed by Microsoft, is raising $12 million from venture capital firms Peak XV and Lightspeed Venture to develop artificial intelligence-powered chatb...
Syndicated Content Jul 07, 2023
Biden: U.S. jobs report shows ‘Bidenomics in action’
WASHINGTON (Reuters) - U.S. President Joe Biden said a report on Friday showing continued, but slowing, job growth is "Bidenomics in action" and a sign of a sustainable economic expansion. "We are see...
Syndicated Content Jul 07, 2023
Tennis-Fans get inked for lasting impressions of Wimbledon
By Christian Radnedge LONDON (Reuters) - Giant tennis balls, towels and umbrellas are the usual kind of souvenirs many take away from Wimbledon - but this year, some will be going home from the Champi...
Syndicated Content Jul 07, 2023
Robots say they won’t steal jobs, rebel against humans
By Emma Farge GENEVA (Reuters) - Robots presented at an AI forum said on Friday they expected to increase in number and help solve global problems, and would not steal humans' jobs or rebel against us...
Syndicated Content Jul 07, 2023
Norway wealth fund excludes Power Construction Corp of China
OSLO (Reuters) - Norway's $1.4 trillion sovereign wealth fund has excluded Power Construction Corp of China from its portfolio and placed London-listed Petrofac under observation. The Norwegian wealth...
Syndicated Content Jul 07, 2023
India’s Vedanta to take over Foxconn chip JV from holding co
BENGALURU (Reuters) - India's metals-to-oil conglomerate Vedanta Ltd said on Friday that it would take over from its holding company the ownership of a joint venture with Taiwan's Foxconn that was set...
Syndicated Content Jul 07, 2023
DWS’ former CEO Woehrmann under investigation in greenwashing probe – source
By Tom Sims and Friederike Heine FRANKFURT (Reuters) -German prosecutors are investigating asset manager DWS's former chief executive Asoka Woehrmann over allegations of investment fraud through so-ca...
Syndicated Content Jul 07, 2023
Black unemployment rate spikes for second month in a row
By Safiyah Riddle (Reuters) - The U.S. Black unemployment rate jumped for a second consecutive month, hitting a 10-month high in what in the past has signaled a broader weakening in the job market and...
Syndicated Content Jul 07, 2023
U.S. equity funds draw inflows for second week amid inflation relief
(Reuters) - U.S. equity funds witnessed net purchases for a second straight week during the seven days to July 5, as signs of cooling inflation soothed investor worries about more interest rate hikes ...
Syndicated Content Jul 07, 2023
Analysis-Bonds back in a tailspin as ‘higher for longer’ narrative hits
By Yoruk Bahceli and Dhara Ranasinghe (Reuters) - Government bond markets from Europe to the United States and Australia are in a tailspin as the prospect of higher interest rates sparks a rout in lon...
Syndicated Content Jul 07, 2023
Peoria, IL, USA
70 °F Partly cloudy
