By Anirban Sen and Karl Plume (Reuters) -Global grain trader Viterra is in talks to merge with U.S. rival Bunge Ltd, a person familiar with the matter said, in a potential mega deal that would reshape[...]
Read more
May 25, 2023
US trade chief seeks new thinking on global challenges as APEC ministers meet
By David Lawder DETROIT (Reuters) – U.S. Trade Representative Katherine Tai on Thursday called on Asia Pacific Economic Cooperation (APEC) trade ministers to “think creatively” for s[...]
Read more
US default fears spark clearing house collateral scrutiny
By John McCrank, Laura Matthews and Michelle Price WASHINGTON (Reuters) – Clearing houses and their members are working out how to treat certain U.S. Treasury bills and bonds commonly used as co[...]
Read more
Marketmind: Happy Friday, it’s AI boom time
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks could be poised to end a volatile and dramatic week on a strong note on Friday, especiall[...]
Read more
Costco earnings miss estimates as shoppers curb discretionary spending
By Granth Vanaik (Reuters) – Costco Wholesale Corp missed estimates for quarterly earnings on Thursday as shoppers pulled back on non-essential spending due to stubborn inflation and economic un[...]
Read more
OpenAI offers $100,000 grants for ideas on AI governance
By Greg Bensinger (Reuters) -OpenAI, the startup behind the popular ChatGPT artificial intelligence chatbot, said Thursday it will award 10 equal grants from a fund of $1 million for experiments in de[...]
Read more
Nvidia fuels Wall Street gains; gold falls to two-month low
By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) -Progress on U.S. debt ceiling talks bolstered global equities and sent gold prices to a two-month low on Thursday, as forecast-smashing reve[...]
Read more
Icahn scores partial Illumina win amid pressure to defend investment acumen
By Svea Herbst-Bayliss NEW YORK (Reuters) -Carl Icahn secured a seat on Thursday for one of his three nominees to the board of gene sequencing machine maker Illumina Inc, a partial victory for the act[...]
Read more
House panel chair seeks info on proposed U.S. order for China investment
By Karen Freifeld WASHINGTON (Reuters) – A top U.S. lawmaker on Thursday asked for more detail on the Biden administration’s proposed executive order on U.S. investments in China, question[...]
Read more