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EU reaches deal to stop sending waste to countries that can’t process it
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Analysis-China needs to pull ‘multiple levers’ for property turnaround, say analysts
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Italian debt markets sanguine ahead of Moody’s ratings test
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Exclusivity the name of the game as luxury firms target China’s wealthiest for growth
Risk rally sputters as bullish investors pause
Date: November 16, 2023
Risk rally sputters as bullish investors pause By Koh Gui Qing and Marc Jones NEW YORK/LONDON (Reuters) -World stocks snapped a five-day rally on Thursday as investors took a breather, while oil prices slumped as much as $3 per barrel on signals of higher U.S. supply and lackluster Chinese demand. By 1748 GMT (12:48 p.m....
Citi CEO Fraser touts ‘clear benefits’ of diversifying supply chains
Date: November 16, 2023
Citi CEO Fraser touts ‘clear benefits’ of diversifying supply chains (Reuters) – Geopolitical tensions and macroeconomic shocks are spurring businesses and governments into reconfiguring their supply chains, and the increased focus on diversification is leading to “clear benefits”, Citigroup CEO Jane Fraser said on Thursday. Since the COVID-19 pandemic and Russia’s invasion of Ukraine shattered...
Explainer-What is Black Friday? And will shoppers find bargains this year?
Date: November 16, 2023
Explainer-What is Black Friday? And will shoppers find bargains this year? By Juveria Tabassum and Savyata Mishra (Reuters) – Retailers are preparing for what they hope will be yet another record-setting global shopping spree on Black Friday, the fourth Friday of November, which this year is Nov. 24. Known for crowds lining up at big-box...
Oil prices hit 4-month low on concerns about U.S., Chinese economy
Date: November 16, 2023
Oil prices hit 4-month low on concerns about U.S., Chinese economy By Stephanie Kelly NEW YORK (Reuters) -Oil prices dropped more than 5% on Thursday to their lowest in four months, as investors worried about global oil demand following weak data from the U.S. and Asia. Brent futures fell $4.38, or 5.4%, to $76.80 a...
Exclusive-OpenAI explores how to get ChatGPT into classrooms
Date: November 16, 2023
Exclusive-OpenAI explores how to get ChatGPT into classrooms By Anna Tong SAN FRANCISCO (Reuters) – OpenAI, whose generative AI products initially raised fears of widespread cheating on homework, is now exploring how it can get its popular ChatGPT chatbot into classrooms, according to a senior executive. OpenAI’s chief operating officer, Brad Lightcap, said at a...
Sweden plans new nuclear reactors by 2035, will share costs
Date: November 16, 2023
Sweden plans new nuclear reactors by 2035, will share costs By Simon Johnson STOCKHOLM (Reuters) – Sweden’s government said it aimed to build the equivalent of two new conventional nuclear reactors by 2035 on Thursday to meet surging demand for clean power from industry and transport and was prepared to take on some of the...