LONDON (Reuters) – The London Stock Exchange Group said on Monday that it had appointed Charlie Walker as deputy CEO of its main bourse, amid a period of rolling reforms to make the market more[...]
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September 11, 2023
US West Coast ports gained market share in August after labor deal -report
By Lisa Baertlein LOS ANGELES (Reuters) – U.S. West Coast ports, which reached a labor deal with their workers this summer, gained market share in August from the previous month, while their mai[...]
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Marketmind: Japan jolt as inflation forks
A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. markets homing in on this week’s critical August inflation update, Japan threw a curve ball into the piece by signall[...]
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Meta is developing a new, more powerful AI system – WSJ
(Reuters) -Meta Platforms is working on a new artificial-intelligence system intended to be as powerful as the most advanced model offered by OpenAI, the Wall Street Journal reported on Sunday, citing[...]
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Alibaba’s outgoing CEO Daniel Zhang quits cloud business in surprise move
By Brenda Goh SHANGHAI (Reuters) -China’s Alibaba Group on Sunday announced that Daniel Zhang will step down from its cloud business, in a surprise move just two months after the company said he[...]
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Exclusive-China’s central bank to scrutinise bulk dollar purchases – sources
BEIJING/SHANGHAI (Reuters) -China’s central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said on Monday, at a tim[...]
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Western sanctions to sustain surge in China auto exports to Russia-CAAM
BEIJING (Reuters) – Western sanctions against Russia are boosting demand for China-made cars, and this surge could continue as long as these sanctions remain in place, an executive with China[...]
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More Chinese cities lift home-buying curbs to revive demand
BEIJING (Reuters) -Two major cities in eastern China lifted all curbs on home purchases and selling on Monday, joining several other cities in dropping restrictions to attract buyers and revive a larg[...]
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Vietnam Air inks $7.8 billion deal for Boeing 737 max planes, White House says
(Reuters) -The White House said on Monday that Vietnam Airlines’ deal to buy 50 737 Max jets from U.S. planemaker Boeing is worth $7.8 billion. The statement confirms the deal value that Reuters[...]
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