Analysis-French backlash scuppers appointment of US economist for EU Big Tech regulation
By Foo Yun Chee BRUSSELS A French-led backlash led to a U.S. economist withdrawing from a top European
2023-07-19 22:50
UAE's Abu Dhabi sees strong industrial sector growth amid diversification push
(Corrects figure in third paragraph to 172 billion dirhams, not 171 billion dirhams in third paragraph) By Rachna Uppal ABU
2023-07-19 22:46
British political candidate uses artificial intelligence to draw up election manifesto
An independent candidate for a U.K. Parliament has turned to artificial intelligence to come up with his campaign promises
2023-07-19 22:45
Tesla to expand Europe's biggest car plant, cell production
By Victoria Waldersee BERLIN (Reuters) -Tesla is planning sweeping changes to its factory near Berlin, including extensions to its battery
2023-07-19 22:26
Strong US apartment construction suggests slide in rental costs
By Safiyah Riddle A surge in U.S. rental home construction could soften rent prices in the months ahead,
2023-07-19 22:22
China to increase support for private firms to bolster recovery
By by Ella Cao and Kevin Yao BEIJING (Reuters) -China on Wednesday pledged to make the private economy "bigger, better
2023-07-19 22:20
Gucci CEO to step down as parent company chases the global luxury boom
The president and CEO of Gucci will step down later this year as part of a leadership overhaul at its French parent company Kering aimed at capturing more of the booming global market in luxury goods.
2023-07-19 21:57
Biden uses clips of Marjorie Taylor Greene speech for new campaign ad
President Joe Biden on Tuesday posted a campaign ad promoting his legislative wins by using clips from a recent speech GOP Rep. Marjorie Taylor Greene gave at the Turning Point Action Conference where she compared Biden to Franklin D. Roosevelt and Lyndon B. Johnson.
2023-07-19 21:57
Microsoft and Activision extend their deal deadline
Microsoft and Activision have mutually agreed to extend their merger deadline by three months in the face of ongoing negotiations with the UK government that could allow the $69 billion acquisition to close, the two companies announced on Wednesday.
2023-07-19 21:48
IMF says dollar's rise hit emerging markets harder than advanced economies
By David Lawder WASHINGTON Emerging market economies bore the brunt of the strongest U.S. dollar in two decades
2023-07-19 21:29
Goldman Sachs profits plunge 58% as dealmaking dries up
Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank's business, dry up. The Wall Street titan also felt the pain of a nearly $1 billion reduction in the value of its consumer and real estate businesses.
2023-07-19 21:26
Kering Said to Tap Defense Advisers as Activist Bluebell Circles
Kering SA is speaking to defense advisers as activist investors including Bluebell Capital Partners Ltd. circle the French
2023-07-19 21:25