A look at the day ahead in European and global markets from Ankur Banerjee Investors are wearing their risk-on hats ahead of the weekend as renewed hopes of monetary easing take hold, a day after the[...]
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May 10, 2024
Exclusive-BHP-Anglo American deal raises alarm in Japan’s steel industry
By Melanie Burton and Yuka Obayashi MELBOURNE/TOKYO (Reuters) -Japanese steelmakers have raised concerns with Australian authorities that BHP Group could become too dominant in the global supply of co[...]
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OCBC posts record Q1 profit, makes $1 billion bid to take Great Eastern private
By Yantoultra Ngui and Poonam Behura SINGAPORE (Reuters) -Singapore’s second-largest bank Oversea-Chinese Banking Corp (OCBC) posted on Friday a better-than-expected 5% rise in first-quarter pro[...]
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Biden concerned over Boeing firefighters’ lockout
By Allison Lampert and David Shepardson (Reuters) -U.S. President Joe Biden said on Thursday he is concerned that Boeing has locked out its unionized firefighters, raising pressure on the U.S. planema[...]
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Explainer-What risks do advanced AI models pose in the wrong hands?
By Alexandra Alper WASHINGTON (Reuters) – The Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from China and Russia with preliminary plans to place guard[...]
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Gold set for best week in five on renewed US rate-cut hopes
By Ashitha Shivaprasad (Reuters) – Gold prices firmed on Friday, poised for their best week since April 5, following recent economic data that boosted bets of an interest rate cut from the Feder[...]
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US lawmakers unveil bill to make it easier to restrict exports of AI models
WASHINGTON (Reuters) -A bipartisan group of lawmakers unveiled a bill late Wednesday that would make it easier for the Biden administration to impose export controls on AI models, in a bid to safeguar[...]
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Target to cut LGBTQ Pride month products from some stores after backlash, Bloomberg reports
(Reuters) – Target is planning to cut LGBTQ-themed merchandise from some of its stores during Pride Month this June, Bloomberg News reported on Thursday, after a backlash hit sales of the retail[...]
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SoftBank in talks with Naver over control of Line operator LY
By Anton Bridge and Joyce Lee TOKYO/SEOUL (Reuters) – SoftBank CEO Junichi Miyakawa said on Thursday that the Japanese telecommunications firm is in talks with South Korea’s Naver over con[...]
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