UBS targets cost cuts of $10 billion as it absorbs Credit Suisse
UBS said Thursday that it expected to generate $10 billion in savings from a sweeping overhaul of the new global banking giant created by its emergency rescue of stricken rival Credit Suisse earlier this year.
2023-08-31 14:20
Baidu leads public rollout of AI chatbots in China
Tech giant Baidu launched China's first public artificial intelligence chatbot on Thursday, with ERNIE trained to censor highly sensitive topics for the ruling Communist Party...
2023-08-31 13:56
Japan's defense ministry requests nearly 12% budget increase to bolster military's strike capability
Japan's defense ministry is requesting a nearly 12% budget increase that includes two warships with advanced radar and long-range cruise missiles
2023-08-31 13:55
India Exempts Some Nations From Rice Curbs for Food Security
India has permitted some rice shipments to Mauritius, Bhutan and Singapore for food security purposes after the South
2023-08-31 13:52
China's Baidu makes AI chatbot Ernie Bot publicly available
Chinese search engine and artificial intelligence firm Baidu has made its ChatGPT-equivalent language model, Ernie Bot, fully available to the public
2023-08-31 13:46
Thai July factory output falls more than forecast as exports slump
BANGKOK Thailand's factory output shrank slightly more than expected in July as sluggish global demand pinched exports, a
2023-08-31 12:59
Newsom plans to transform San Quentin State Prison. Lawmakers and the public have had little input
California Gov. Gavin Newsom is planning to spend $360 million demolishing a sprawling former furniture factory at San Quentin State Prison and replacing it with something reminiscent of a college campus
2023-08-31 12:54
Mexico central bank lauds economy's resiliency but rate cut discussion 'not on the table'
By Brendan O'Boyle MEXICO CITY Mexico's central bank raised its economic growth forecasts for 2023 and 2024, citing
2023-08-31 12:50
Country Garden Posts Record Loss, Warns of Possible Default
Country Garden Holdings Co. warned that it may default on its debt and raised concerns about staying in
2023-08-31 12:49
Travelers hoping to enjoy one last summer fling over Labor Day weekend should expect lots of company
If you're squeezing in one last summer trip over the Labor Day weekend, expects lots of company
2023-08-31 12:20
Turkey Economy Set for Post-Pandemic Low as Recession Risks Loom
Turkey’s economy probably slowed in the second quarter, with activity set to remain subdued for the rest of
2023-08-31 11:46
176 world leaders and Nobel laureates urge Bangladesh to halt legal cases against Peace Prize winner
More than 170 global leaders and Nobel laureates are urging Bangladesh to suspend legal proceedings against Muhammad Yunus, who was awarded the Nobel Peace Prize for pioneering the use of microcredit to help impoverished people
2023-08-31 11:15