SEOUL (Reuters) – South Korea’s producer inflation slowed in December for a sixth month, dropping to the lowest rate in 20 months, central bank data showed on Friday. The country’s p[...]
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January 19, 2023
Rating agencies expect U.S. debt ceiling agreement despite gridlock risks
By Davide Barbuscia NEW YORK (Reuters) -Rating agencies Moody’s and Fitch expect the U.S. Congress will likely reach an agreement on a new debt limit before the Treasury drains resources to stav[...]
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Proterra to cut jobs, merge electric bus and battery production in South Carolina
(Reuters) – Proterra Inc said on Thursday it plans to cut more jobs and combine electric bus and battery production in South Carolina as it looks to trim costs. The electric-bus maker’s ex[...]
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Airbus implements A350 design change amid Qatar Airways feud
By Tim Hepher LONDON (Reuters) – Airbus has carried out design changes to A350 passenger jets amid a $2 billion dispute with Qatar Airways over surface damage, which spilled over to a debate on[...]
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Investor group requests arbitration against Brazil’s Americanas and 3G Capital
By Carolina Pulice (Reuters) – A group of investors requested a collective arbitration against troubled Brazilian retailer Americanas SA and 3G Capital at the Brazilian stock exchange on Thursda[...]
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Fed will face tough choices the longer debt ceiling impasse persists -analysts
By Michael S. Derby NEW YORK (Reuters) – The standoff over the U.S. government’s borrowing limit is unlikely for now to crimp the Federal Reserve’s plans for higher interest rates an[...]
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Tesla’s Gruenheide plant should ramp up output – local minister
By Victoria Waldersee HALLE, Germany (Reuters) – Tesla’s German Gruenheide plant still has some ramping up to do, the economy minister of the state the factory is located in said on Thursd[...]
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Crypto firm Nexo Capital agrees to pay $45 million to settle U.S. SEC, state charges
By Chris Prentice NEW YORK (Reuters) -Nexo Capital Inc has agreed to pay $45 million in penalties to settle charges from the U.S. Securities and Exchange Commission (SEC) and state regulators that the[...]
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Davos 2023-Meta sees promise in generative AI, including for Instagram filters
DAVOS, Switzerland (Reuters) – Generative artificial intelligence, the umbrella technology behind the popular chatbot ChatGPT, has interesting applications for social media, the chief product of[...]
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