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Rising labor costs are making AI stocks even more attractive
Rising labor costs are making AI stocks even more attractive
About 300 million full-time jobs across the globe could be lost (or greatly diminished) due to the recent boom in artificial intelligence, Goldman Sachs estimates.
2023-08-30 20:21
Japan’s Kishida Plans to Extend Gasoline Subsidies to Year-End
Japan’s Kishida Plans to Extend Gasoline Subsidies to Year-End
Japanese Prime Minister Fumio Kishida said he will expand gasoline subsidies and extend them until year-end to ease
2023-08-30 18:51
Austria Caps Home Rent Increases to Ease Inflation Pressure
Austria Caps Home Rent Increases to Ease Inflation Pressure
Austria’s government will limit rent increases for most people who don’t own homes in response to calls for
2023-08-30 18:45
S&P 500, Nasdaq futures dip with more economic data on tap
S&P 500, Nasdaq futures dip with more economic data on tap
Futures tracking the S&P 500 and the Nasdaq dipped on Wednesday as investors remained cautious in a data-heavy
2023-08-30 18:24
Kyiv Hit in Biggest Blitz in Months as Russia Airbase Struck
Kyiv Hit in Biggest Blitz in Months as Russia Airbase Struck
Ukraine’s capital came under the heaviest missile and drone attack since the spring, as a Russian airbase far
2023-08-30 18:15
Hurricane Idalia Upgraded to Category 4 Storm, NHC Says
Hurricane Idalia Upgraded to Category 4 Storm, NHC Says
Hurricane Idalia strengthened into a Category 4 storm as it heads toward landfall Wednesday on Florida’s west coast,
2023-08-30 17:56
Chinese banks ICBC, BOC post sluggish profit growth
Chinese banks ICBC, BOC post sluggish profit growth
BEIJING/SHANGHAI/HONG KONG (Reuters) -Two of China's biggest banks on Wednesday posted sluggish profit growth and shrinking profit margins for the
2023-08-30 17:50
StanChart Offers 20 Weeks of Paid Leave to New Parents
StanChart Offers 20 Weeks of Paid Leave to New Parents
Standard Chartered Plc will offer at least 20 weeks of paid leave to new parents starting next month,
2023-08-30 17:25
Some offshore creditors of Country Garden consider forming group for debt revamp talks
Some offshore creditors of Country Garden consider forming group for debt revamp talks
By Xie Yu HONG KONG Some offshore creditors of embattled Chinese developer Country Garden are in talks with
2023-08-30 17:18
Looming Australian Strikes Still Not Fazing Asian LNG Buyers
Looming Australian Strikes Still Not Fazing Asian LNG Buyers
North Asian liquefied natural gas buyers aren’t yet moving to prepare for potential supply disruptions caused by expected
2023-08-30 17:15
European shares subdued by Orsted slide, insurers rise
European shares subdued by Orsted slide, insurers rise
By Shashwat Chauhan European shares struggled for direction on Wednesday as losses in utilities, led by Denmark's Orsted,
2023-08-30 16:55
Global shares close in on worst month so far this year
Global shares close in on worst month so far this year
By Naomi Rovnick and Ankur Banerjee LONDON, SINGAPORE Global equities edged up on Wednesday as data suggested U.S.
2023-08-30 16:55
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