Author Archives: Syndicated Content
US Army Private King who fled to North Korea to plead guilty to 5 charges
By Idrees Ali and Kanishka Singh WASHINGTON (Reuters) - U.S. Army Private Travis King, who last year ran into North Korea and was taken into custody there, will plead guilty to five charges, including...
Aug 26, 2024
Media exec Bronfman pulls out of race to acquire Paramount
By Dawn Chmielewski (Reuters) -Media veteran Edgar Bronfman Jr pulled out of the race to take control of Paramount Global, he said on Monday. Bronfman's bid relied on participation of high net worth i...
Aug 26, 2024
Currencies tread water as Middle East risks temper rate cut optimism
By Rae Wee SINGAPORE (Reuters) - The dollar edged higher on Tuesday and major currencies traded sideways as lingering concerns over tensions in the Middle East partially offset investors' optimism for...
Aug 26, 2024
Elon Musk voices support for California bill requiring safety tests on AI models
(Reuters) - Tesla chief Elon Musk, who also owns social media platform X, said on Monday he feels California should pass an AI bill that would require tech companies and AI developers to conduct safet...
Aug 26, 2024
Oil prices pause after surging on Libyan outages, Middle East tensions
By Colleen Howe BEIJING (Reuters) - Oil prices paused their recent advances, receding in Asian trading on Tuesday after surging more than 7% in the previous three sessions on supply concerns prompted ...
Aug 26, 2024
China's industrial profit growth quickens in July
BEIJING (Reuters) - China's industrial profits grew faster in July, data showed on Tuesday, even as sluggish domestic demand weighs on the recovery in the world's second-largest economy. Profits in Ju...
Aug 26, 2024
Asian stocks slide as geopolitical worries sap confidence
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks fell on Tuesday as investors pondered looming U.S. interest rate cuts and awaited earnings from AI darling Nvidia, while rising tensions in the Mid...
Aug 26, 2024
Australia's Coles beats annual profit view on strong sales, shares rally
By Roushni Nair (Reuters) - Australian grocer Coles reported annual profit ahead of expectations on Tuesday, driven by robust supermarket sales and enhanced inventory control to curb theft-related los...
Aug 26, 2024
Warburg Pincus-Lendlease JV platform acquires $1.23 billion portfolio of assets in Singapore
SINGAPORE (Reuters) - U.S-based global investor Warburg Pincus and Australian real estate group Lendlease said on Tuesday their joint venture platform has acquired a S$1.6 billion ($1.2 billion) portf...
Aug 26, 2024
Emergent to cut up to 70 roles at Lansing facility
(Reuters) - Drugmaker Emergent BioSolutions said on Monday that it would reduce its workforce in Lansing, Michigan, by up to 70 roles as part of its ongoing restructuring efforts. The Gaithersburg, Ma...
Aug 26, 2024
