By Valentine Hilaire and Noe Torres MERIDA, Mexico (Reuters) -Mexico’s banking system is robust and strong, and has not been affected by last week’s sudden collapse of Silicon Valley Bank[...]
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March 15, 2023
Colombia transport ministry accuses Viva Air of fraud
BOGOTA (Reuters) – Colombia’s transport minister filed a criminal complaint against low-cost air carrier Viva Air on Wednesday, alleging flight cancellations caused damages of at least $57[...]
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AB InBev loses jury trial over Constellation’s Corona, Modelo seltzers
By Blake Brittain (Reuters) – A Manhattan federal jury on Wednesday found that Constellation Brands Inc did not violate a U.S. distribution agreement with Anheuser-Busch InBev SA unit Grupo Mode[...]
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PwC’s 4,000 legal staffers get AI assistant as law chatbots gain steam
By Sara Merken (Reuters) – PricewaterhouseCoopers said Wednesday that it will give 4,000 of its legal professionals access to an artificial intelligence platform, becoming the latest firm to int[...]
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Tech stocks emerge as haven in sell-off fueled by bank worries
By Lewis Krauskopf NEW YORK (Reuters) – Investors are gravitating toward big technology stocks as banking crisis worries rock U.S. markets, hoping the shares are better positioned to withstand a[...]
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Bar exam score shows AI can keep up with ‘human lawyers,’ researchers say
By Karen Sloan (Reuters) – Artificial intelligence can now outperform most law school graduates on the bar exam, the grueling two-day test aspiring attorneys must pass to practice law in the Uni[...]
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Wall Street regulator proposes new hacking, data and market resiliency rules
By Douglas Gillison (Reuters) -The top U.S. markets regulator on Wednesday proposed a suite of new policies designed to harden the financial system against hacking, data theft and systems failure. Wit[...]
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Explainer-What is Microsoft-backed OpenAI’s GPT-4 model?
(Reuters) – Microsoft Corp-backed startup OpenAI began the rollout of GPT-4, a powerful artificial intelligence model that succeeds the technology behind the wildly popular ChatGPT. GPT-4 is[...]
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US retail sales point to underlying strength in the economy
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales fell moderately in February, likely payback after the prior month’s outsized increase, but the underlying momentum remained stron[...]
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