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‘The Hunger Games’ to be turned into London stage play
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The battery test race to work out what used EVs are really worth
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Stocks advance, but heavy data week keeps investors wary
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UK businesses stuck in reverse in October, surveys show
Governments, firms should spend more on AI safety, top researchers say
Date: October 24, 2023
Governments, firms should spend more on AI safety, top researchers say By Supantha Mukherjee STOCKHOLM (Reuters) – Artificial intelligence companies and governments should allocate at least one third of their AI research and development funding to ensuring the safety and ethical use of the systems, top AI researchers said in a paper on Tuesday. The...
Coca-Cola lifts forecasts as earnings sparkle on higher prices, steady demand
Date: October 24, 2023
Coca-Cola lifts forecasts as earnings sparkle on higher prices, steady demand By Ananya Mariam Rajesh (Reuters) – Coca-Cola Co on Tuesday raised its annual sales and profit forecasts for a second time this year, riding on resilient demand from consumers for its sodas, juices and energy drinks as well as higher prices. Shares climbed 3%...
Dollar higher as US business activity ticks up in October
Date: October 24, 2023
Dollar higher as US business activity ticks up in October By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar climbed against a basket of currencies on Tuesday as a slew of fresh economic data highlighted the strength of the U.S. economy relative to the United Kingdom and the European Union. U.S. business output ticked higher...
UK to release experimental jobless data instead of standard numbers
Date: October 23, 2023
UK to release experimental jobless data instead of standard numbers LONDON (Reuters) -Britain’s Office for National Statistics (ONS) said it would publish an experimental adjusted estimate of Britain’s unemployment rate on Tuesday, instead of its usual labour market survey which has suffered from a falling response rate. “Tomorrow we will publish a new series using...
Analysis-Swiss franc shines as investors scramble for safe assets
Date: October 20, 2023
Analysis-Swiss franc shines as investors scramble for safe assets By Naomi Rovnick and John Revill LONDON/ZURICH (Reuters) – The potential for the Israel-Hamas conflict to worsen and poor corporate earnings have sent investors scrambling for safety with few havens left, as high-for-longer U.S. rate expectations batter government bonds and the yen. Enter the Swiss franc,...
Malta to ban rented e-scooters from March
Date: October 20, 2023
Malta to ban rented e-scooters from March VALLETTA (Reuters) – Malta will ban all rental e-scooters from March 1 because of the inconvenience they cause pedestrians, the Transport Ministry said in a surprise announcement on Friday. The decision had been taken because of “intolerable abuse,” Transport Minister Aaron Farrugia said. “E-scooter violations are so rife...