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US dollar edges lower but up against yen, Aussie
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Apple unveils new AI-focused chip in upgraded iPad Pro
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Allianz Trade x Inclusive Brains: AI + Neurotech for Inclusiveness
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‘Livestream’ shopping thwarts some high-tech tools to stop fake merch
UK construction growth hits 14-month high in April, PMI survey shows
Date: May 7, 2024
UK construction growth hits 14-month high in April, PMI survey shows (Reuters) – British construction companies enjoyed their fastest expansion in more than a year during April, despite a further drop in house-building, according to a survey on Tuesday that added to signs of an economic recovery from recession. The S&P Global UK Construction Purchasing...
UBS shares soar as profit smashes forecasts, share buyback plans affirmed
Date: May 7, 2024
UBS shares soar as profit smashes forecasts, share buyback plans affirmed By Noele Illien ZURICH (Reuters) – UBS on Tuesday reported first-quarter profit that trounced forecasts and said it was sticking with plans for share buybacks over three years despite Swiss government proposals that would hike its capital requirements. Shares in Switzerland’s biggest bank jumped...
Saudi Aramco maintains $31 billion dividend despite lower Q1 net income
Date: May 7, 2024
Saudi Aramco maintains $31 billion dividend despite lower Q1 net income By Hadeel Al Sayegh DUBAI (Reuters) -Saudi Arabian state-owned oil giant Aramco expects to pay $31 billion in dividends to the Saudi government and its shareholders despite reporting lower earnings for the first quarter on Tuesday, hit by lower oil prices and volumes sold....
People with two copies of a risk gene have genetic form of Alzheimer’s, scientists say
Date: May 7, 2024
People with two copies of a risk gene have genetic form of Alzheimer’s, scientists say By Julie Steenhuysen CHICAGO (Reuters) -People who carry two copies of the APOE4 gene are virtually guaranteed to develop Alzheimer’s and face symptoms at an earlier age, researchers reported on Monday in a study that could redefine such carriers as...
European shares close at highest in a week; Indra surges
Date: May 6, 2024
European shares close at highest in a week; Indra surges By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed at their highest levels in one week on Monday, with investor optimism over interest rate cuts from major central banks back to the fore, while Spanish defence company Indra jumped following a strong first-quarter...
Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
Date: May 6, 2024
Microsoft readies new AI model to compete with Google, OpenAI, The Information reports (Reuters) -Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet’s Google and OpenAI, the Information reported on Monday. The new model, internally referred to as MAI-1, is being overseen by recently hired Mustafa Suleyman,...