By Casey Hall and Jenny Wang SHANGHAI/BEIJING (Reuters) -A top Alibaba executive told staff on Wednesday that it was a “coincidence” that a plan by former chief Jack Ma’s family trus[...]
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November 22, 2023
US durable goods orders fall on weakness in transportation equipment sector
WASHINGTON (Reuters) – Orders for long-lasting U.S. manufactured goods fell more than expected in October as orders for motor vehicles and parts dropped amid strikes by the United Auto Workers ([...]
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US new vehicle sales to rise in November on strong demand – report
(Reuters) – New vehicle sales in the United States are expected to rise in November, a report from industry consultants showed on Wednesday, as demand for the latest models remains strong and in[...]
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EU lawmakers approve New Zealand trade deal to end hiatus
By Philip Blenkinsop BRUSSELS (Reuters) – The European Parliament approved on Wednesday the European Union’s free trade agreement with New Zealand, its first endorsement of such a deal in[...]
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Factbox-Russian companies’ scaled-down IPOs in 2023
(Reuters) -Gold miner Uzhuralzoloto (UGC) raised 7 billion roubles ($78 million) in an initial public offering (IPO) in Moscow on Wednesday, the latest in a series of small fundraisings by Russian com[...]
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Sam Altman to return as OpenAI CEO after his tumultuous ouster
By Jeffrey Dastin and Aditya Soni SAN FRANCISCO (Reuters) -Sam Altman is returning as CEO of OpenAI just days after his ouster, capping frenzied discussions about the future of the startup at the cent[...]
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Factbox-‘Boomerang’ CEOs of major companies
(Reuters) – Sam Altman reached an agreement with OpenAI to return as CEO on Wednesday, after a tumultuous few days following his ouster by the company’s board. He joins a list of big name[...]
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Australia’s home prices hit record high -CoreLogic
SYDNEY (Reuters) – Australian home prices have defied a substantial jump in interest rates to hit a record high, data from property consultancy CoreLogic showed on Thursday, a sign that monetary[...]
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German court ruling could cost Intel billions of euros in subsidies – state minister
BERLIN (Reuters) – The negative court ruling on German finances last week could cost Intel billions of euros in subsidies for planned chip-making plants in the state of Saxony-Anhalt, the state[...]
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