Author Archives: Syndicated Content
Oil flat after bigger-than-expected build in U.S. crude stockpiles
By Laura Sanicola (Reuters) - Oil prices were largely unchanged in early Asian trade on Wednesday as hopes for higher demand in the developing world and supply cuts by the world's biggest oil exporter...
Jul 11, 2023
LG Elec says it aims to achieve $77 billion in sales by 2030
SEOUL (Reuters) - LG Electronics said on Wednesday it plans to achieve 100 trillion won ($77 billion) in sales by 2030 and some 50 trillion won of investment as the company announced its future strate...
Jul 11, 2023
Australian bank ANZ breaks from rivals by backing loan buffer
(Corrects year in 6th paragraph to 2023, not 2024) SYDNEY (Reuters) -Australian No. 4 home lender ANZ Group said it supports a regulator-recommended mortgage buffer because of uncertainty around inter...
Jul 11, 2023
Amazon touts its low-cost cloud computing in generative AI race
By Jeffrey Dastin AUSTIN (Reuters) - A key way that Amazon's cloud division aims to set itself apart from rivals perceived to have a leg up on artificial intelligence is by competing on price, an exec...
Jul 11, 2023
Republican lawmaker blasts State Dept response on US envoy for Iran
By Arshad Mohammed (Reuters) - A senior U.S. Republican lawmaker criticized as "absolutely unacceptable" a State Department response on Tuesday to his inquiry about why the U.S. special envoy for Iran...
Jul 11, 2023
Japan's wholesale inflation slows for 6th straight month
By Leika Kihara TOKYO (Reuters) - Japan's wholesale inflation slowed for a sixth straight month in June due to sliding fuel and commodity prices, data showed on Wednesday, a sign the cost-push pressur...
Jul 11, 2023
US SEC removes 'swing pricing' from money market fund overhaul plan -Bloomberg News
(Reuters) - Money market funds are set for a reprieve on "swing pricing" when Wall Street's top regulator votes on Wednesday to help control systemic risk in the money market and large liquidity fund ...
Jul 11, 2023
Ukraine, Russia report heavy fighting in east, south
(Reuters) - Ukraine's military on Tuesday reported heavy fighting in the east and southeast, the main theatres of its drive to recapture land seized by Russian invaders, saying its forces had repelled...
Jul 11, 2023
United CEO meets with acting FAA chief after criticism
By David Shepardson WASHINGTON (Reuters) - United Airlines Chief Executive Scott Kirby met on Tuesday with the acting head of the Federal Aviation Administration (FAA), officials told Reuters, after h...
Jul 11, 2023
IBM mulls using its own AI chip in new cloud service to lower costs
By Stephen Nellis SAN FRANCISCO (Reuters) - International Business Machines (IBM) is considering the use of artificial intelligence chips that it designed in-house to lower the costs of operating a cl...
Jul 11, 2023
