Category Archives:
Ford says it will reduce costs to boost China business
SHANGHAI/BEIJING (Reuters) - Ford said on Monday it was working to reduce costs in China as it strives to recover from a long sales slump in the world's largest auto market. "Our costs are not competi...
May 15, 2023
North Korean hackers stole $721 million in cryptocurrency from Japan – Nikkei
TOKYO (Reuters) - Hacker groups affiliated with North Korea have stolen $721 million worth of cryptocurrency assets from Japan since 2017, the Nikkei business daily reported on Monday, citing a study ...
May 15, 2023
In critical week, Biden, Republicans search for outline of debt-limit deal
By David Morgan, Jeff Mason and Andy Sullivan WASHINGTON (Reuters) - President Joe Biden and congressional Republicans enter a critical week for debt-ceiling talks hoping they can find common ground o...
May 15, 2023
Explainer-How Wall Street is preparing for possible US debt default
By Davide Barbuscia and Pete Schroeder NEW YORK/WASHINGTON (Reuters) - As talks over raising the U.S. government's $31.4 trillion debt ceiling intensify, Wall Street banks and asset managers have begu...
May 15, 2023
Fair access to proper housing can boost economic growth – report
By Marine Strauss BRUSSELS (Reuters) - Providing equitable access to appropriate housing in slums and other informal settlements could massively increase economic growth and boost life expectancy, a r...
May 15, 2023
Explainer-Biden’s budget vs. House debt limit bill on spending, deficits, taxes
By David Lawder WASHINGTON (Reuters) - President Joe Biden's administration and Republicans in the U.S. Congress are in talks to end their standoff over raising the $31.4 trillion debt ceiling, haggli...
May 15, 2023
Washington is determined to govern AI, but how?
By Diane Bartz and Jeffrey Dastin WASHINGTON (Reuters) - U.S. lawmakers are grappling with what guardrails to put around burgeoning artificial intelligence, but months after ChatGPT got Washington's a...
May 15, 2023
Analysis-Tesla’s new car-making process stokes debate among industry experts
By Norihiko Shirouzu, Paul Lienert and Victoria Waldersee (Reuters) - Tesla Inc's new vehicle-assembly system, which created instant buzz when it was unveiled in March, ignited a debate among auto man...
May 15, 2023
Marketmind: Debt ceiling jitters, Turkey vote, Soros ditches Tesla
(Reuters) - A look at the day ahead in U.S. and global markets by Amanda Cooper. Time is running out to break the impasse on the U.S. government borrowing limit. President Joe Biden is meeting Congres...
May 15, 2023
Hong Kong Disneyland revenue jumps 31% as domestic visitors hit record
(Reuters) - Hong Kong Disneyland Resort (HKDL) said on Monday its 2022 revenue jumped 31% as the number of domestic visitors to its attractions hit a record, helping the company shrug off the effects ...
May 15, 2023
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