HONG KONG (Reuters) – China’s Commerce Minister Wang Wentao met with Microsoft President Brad Smith on Wednesday, and exchanged views on Microsoft’s development in China, Sino-US eco[...]
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December 7, 2023
US wholesale inventories revised lower in October
WASHINGTON (Reuters) – U.S. wholesale inventories fell more than initially estimated in October, suggesting that inventory investment could be a drag on economic growth this quarter. The Commerc[...]
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US SEC set to vote on major Treasury market clearing rule next week
By Michelle Price WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) is next week expected to vote to adopt a major rule forcing more trading of U.S. Treasuries through cle[...]
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JetBlue narrows loss forecast on healthy travel demand, shares rise
(Reuters) -JetBlue Airways on Thursday narrowed its annual adjusted loss forecast, riding on strong demand for travel during the holiday period and sending its shares 12% higher in morning trading. U.[...]
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AXA explores $1.1 billion disposal of European protection businesses -sources
By Amy-Jo Crowley and Pablo Mayo Cerqueiro LONDON (Reuters) – AXA is considering selling some of its protection insurance businesses across Western Europe in a deal that could be worth up to 1 b[...]
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UBS moves to merge parent banks
ZURICH (Reuters) -UBS has formally begun the integration of Credit Suisse’s parent bank, the Swiss bank said, marking a key next step in what is the first merger of two global systemically impor[...]
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GM hydrogen unit to supply fuel cells for Autocar’s heavy vehicles
By Nick Carey (Reuters) – General Motors’ and Autocar Industries have agreed to jointly develop hydrogen-powered heavy vehicles powered by the No.1 U.S. automaker’s fuel cell unit Hy[...]
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What are the EU’s landmark AI rules?
By Martin Coulter LONDON (Reuters) -Negotiations around the European Union’s first-of-a-kind rules governing artificial intelligence (AI) looked set for a dramatic climax on Wednesday, as lawmak[...]
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Boeing closing in on Thai deal for 80 Dreamliners – sources
(Reuters) -Boeing is in advanced talks to sell around 80 wide-body 787 Dreamliner jets to Thai Airways after pulling ahead of Airbus in widely watched fleet renewal talks, industry sources said. Reute[...]
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