LONDON (Reuters) – Britain’s Sainsbury’s said on Friday it has agreed a five-year strategic partnership with Microsoft that will use the technology company’s artificial intelli[...]
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May 17, 2024
Foreigners sold Asian bonds in April amid firm dollar, Fed uncertainty
(Reuters) – Foreign investors were net sellers of Asian bonds for a second straight month in April as a strong U.S. dollar and uncertainties around the Federal Reserve’s interest rate cuts[...]
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China’s factories fire up but consumer slump persists
By Joe Cash and Ellen Zhang BEIJING (Reuters) -China’s factory output topped forecasts in April, helped by improving external demand, although retail sales unexpectedly slowed and the property s[...]
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Japan inflation likely slowed again, may ease cost pressure – Reuters poll
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s core consumer inflation probably slowed for a second straight month in April from a year earlier, a Reuters poll of 18 economists showed on F[...]
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ABB buys Siemens’s wiring accessories business in China
ZURICH (Reuters) – ABB has agreed to buy the wiring accessories business of German rival Siemens in China, the Swiss engineering group said on Friday. The acquisition will broaden ABB’s ma[...]
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Morning Bid: Markets ponders rate path, shares listless
A look at the day ahead in European and global markets from Ankur Banerjee The cold harsh reality of the Federal Reserve likely keeping interest rates higher for longer to combat inflation has put a l[...]
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SoftBank Corp aims to help call centre workers by ‘softening’ angry customer calls with AI
(This May 16 story has been refiled to amend quotes to clarify that SoftBank was referring to workers and customers in general, not necessarily its own, in paragraphs 3 and 4) TOKYO (Reuters) –[...]
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Biden signs sweeping aviation safety, reform bill into law
By David Shepardson WASHINGTON (Reuters) -President Joe Biden signed on Thursday sweeping aviation legislation that will boost U.S. air traffic controller staffing, increase funding to avert runway cl[...]
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Chinese property developer Country Garden’s Hong Kong liquidation hearing adjourned
By Clare Jim HONG KONG (Reuters) – A Hong Kong court adjourned to June 11 a hearing of a petition on Friday seeking liquidation of Country Garden, providing a breather to the embattled Chinese d[...]
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