Today: May 20, 2024
Today: May 20, 2024

Business

Markets upbeat ahead of China data dump

A look at the day ahead in Asian markets.

Markets upbeat ahead of China data dump

Haidilao restaurant operator Super Hi prices US IPO at $19.56 per share

Super Hi International, which operates Chinese hotpot restaurant chain Haidilao in the overseas market, on Thursday priced its initial public offering in the United States at $19.56 per

Haidilao restaurant operator Super Hi prices US IPO at $19.56 per share

AI voiceover company stole voices of actors, New York lawsuit claims

By Blake Brittain (Reuters) -Two voice actors sued artificial-intelligence startup Lovo in Manhattan federal court on Thursday, accusing the company of illegally copying their voices and using them

AI voiceover company stole voices of actors, New York lawsuit claims

Ford asks suppliers to cut costs in push to turn EV business profitable, memo says

Ford Motor Co has asked its electric-vehicle suppliers to reduce costs in an attempt to support profitability, saying "everything is on the table," according

Ford asks suppliers to cut costs in push to turn EV business profitable, memo says

Dow tops 40,000, Biden trolls Trump in split-screen video

The Dow topped 40,000 for the first time on Thursday in an all-time high, giving U.S.

Dow tops 40,000, Biden trolls Trump in split-screen video

OpenAI strikes deal to bring Reddit content to ChatGPT

(Reuters) -Reddit has partnered with OpenAI to bring its content to popular chatbot ChatGPT, the companies said on Thursday, sending the social media platform's shares up 12% in extended trade.

OpenAI strikes deal to bring Reddit content to ChatGPT

White House's Brainard says China's exports can undermine investments in US

White House National Economic Adviser Lael Brainard said on Thursday China's industrial capacity and exports in certain sectors are so large, they can undermine the viability of

White House's Brainard says China's exports can undermine investments in US

IMF: U.S. should keep open trade, work with China to resolve disputes

By David Lawder WASHINGTON (Reuters) -The U.S. would be better served by maintaining its open trade system rather than imposing new punitive duties on Chinese goods, the International Monetary Fund

IMF: U.S. should keep open trade, work with China to resolve disputes

Georgia's central bank spends $60 million to support lari amid political crisis

Georgia's central bank said on Thursday it had spent $60 million in reserves to support the lari after a surge in demand for foreign currency, its

Georgia's central bank spends $60 million to support lari amid political crisis

After decisive loss at Alabama Mercedes plants, powerful auto union vows to return and win

A decisive vote against the United Auto Workers at two Mercedes factories in Alabama sidetracked the union's grand plan to sign up workers at nonunion plants mainly in the South

After decisive loss at Alabama Mercedes plants, powerful auto union vows to return and win

Fine dining, at a new high. A Michelin-starred chef will take his cuisine to our upper atmosphere

A Danish Michelin-starred chef has teamed up with the Florida-based startup Space Perspective to take fine-dining to our upper atmosphere in late 2025

Fine dining, at a new high. A Michelin-starred chef will take his cuisine to our upper atmosphere

The Dow's climb to a record 40,000 points

The Dow Jones Industrial Average, a laggard among the major U.S. stock indexes this year, got its moment in the spotlight on Thursday as

The Dow's climb to a record 40,000 points

Oil gains 1% on hopes of firmer demand

Oil prices settled about 1% higher on Friday, with global benchmark Brent crude recording its first weekly gain in three weeks, after economic indicators from the

Oil gains 1% on hopes of firmer demand

GM, LG agree on $150 million relief for Chevy Bolt EV owners over faulty batteries

(Reuters) -General Motors and South Korea's LG Energy Solution, LG Electronics reached a settlement to establish a $150 million fund to provide relief to Chevrolet Bolt EV owners affected by defective

GM, LG agree on $150 million relief for Chevy Bolt EV owners over faulty batteries

China's factories fire up but consumer slump persists

By Joe Cash and Ellen Zhang BEIJING (Reuters) -China's factory output topped forecasts in April, helped by improving external demand, although retail sales unexpectedly slowed and the property sector

China's factories fire up but consumer slump persists

Chinese property developer Country Garden's Hong Kong liquidation hearing adjourned

A Hong Kong court adjourned to June 11 a hearing of a petition on Friday seeking liquidation of Country Garden, providing a breather to the embattled Chinese

Chinese property developer Country Garden's Hong Kong liquidation hearing adjourned

Europe can't lag behind in 5G technology - German Chancellor Scholz

German Chancellor Olaf Scholz called on Monday for an expansion of the 5G mobile network in Europe at the Nordic summit on security and competitiveness in Stockholm.

Europe can't lag behind in 5G technology - German Chancellor Scholz

Google wants judge, not jury, to decide upcoming antitrust case in Virginia

Google is asking that a federal judge, rather than a jury, decide whether it violated U.S. antitrust laws by building a monopoly on the technology that powers online advertising

Google wants judge, not jury, to decide upcoming antitrust case in Virginia

Key Boeing supplier Spirit AeroSystems is laying off 450 after production of troubled 737s slows

A key Boeing supplier that makes the fuselages for its popular 737 Max airplanes is laying off about 450 workers

Key Boeing supplier Spirit AeroSystems is laying off 450 after production of troubled 737s slows

Bad Bunny sports agency sues baseball players' union over ban, announces Ronald Acuña Jr. as client

Bad Bunny’s sports representation firm sued the baseball players’ association Thursday, asking for a restraining order against the union that would allow it to keep working with the company’s clients

Bad Bunny sports agency sues baseball players' union over ban, announces Ronald Acuña Jr. as client

McDonald's plans $5 US meal deal next month to counter customer frustration over high prices

McDonald’s is planning to introduce a $5 meal deal in the U.S. next month to counter slowing sales and customers’ frustration with high prices

McDonald's plans $5 US meal deal next month to counter customer frustration over high prices

Transcript of interview with New York Fed's Williams

Federal Reserve Bank of New York President John Williams was interviewed by Reuters on Wednesday.

Transcript of interview with New York Fed's Williams

Anglo American has sought fertiliser partners for months, says CEO

Anglo American has been looking for partners for its fertiliser project in North Yorkshire for around six months, Chief Executive Duncan Wanblad told

Anglo American has sought fertiliser partners for months, says CEO

Ag inputs sales seen at good level in the US, not as good in South America

Sales of agricultural inputs such as fertilizers and crop care products have been near normal in the United States despite lower grain prices, while they are

Ag inputs sales seen at good level in the US, not as good in South America

US SEC updates customer data hacking rules for Wall Street

Wall Street's top regulator on Thursday said it had updated rules to ensure investment companies and others work to detect and respond to hackers' theft of customer data.

US SEC updates customer data hacking rules for Wall Street
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