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Gold’s allure spreads as bulls lock in on fresh records
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Can AI Replace Insurance Agents? Not if They Know How to Prepare
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Triathlon-Britain’s Yee adds world title to Olympic gold
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Heightened Egyptian demand in tight market buoys European fuel oil prices
Germany moves to strengthen domestic wind power industry
Date: October 17, 2024
By Riham Alkousaa BERLIN (Reuters) -Germany is planning state guarantees for wind energy production, it said on Thursday, as part of a package of measures to boost its wind industry amid concerns from European governments and companies over Chinese firms gaining momentum in the sector. Berlin will expand the scope a KfW state bank program...
Amazon reveals its first color Kindle e-reader after years of development
Date: October 17, 2024
By Greg Bensinger SAN FRANCISCO (Reuters) – Amazon on Wednesday announced its first color Kindle e-reader following years of effort to bring the more immersive device to market. The ‘Kindle Colorsoft’ carries a $280 price tag that compares with similar devices from other manufacturers available on Amazon in the range of $149 to $330....
Airbus to cut up to 2,500 jobs in defence and space
Date: October 17, 2024
By Tim Hepher PARIS (Reuters) -Airbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division after spending months taking a deep dive into heavy losses in its satellites business. The European aerospace group said it aimed to carry out the cuts, which represent 7% of the workforce...
GSK sues Moderna for US patent infringement over COVID, RSV vaccines
Date: October 16, 2024
By Blake Brittain (Reuters) -British drugmaker GlaxoSmithKline sued Moderna in U.S. federal court in Delaware on Tuesday, accusing it of violating GSK patent rights in messenger RNA technology with its blockbuster COVID-19 vaccine Spikevax and RSV shot mResvia. According to the two lawsuits, Moderna’s lipid nanoparticles for transporting fragile mRNA into the human body...
Spain 12-month EU-harmonised inflation falls to 1.7% in September
Date: October 15, 2024
(Reuters) – Spain’s European Union-harmonised 12-month inflation fell to 1.7% in September, down from 2.4% in the period through August, final data released by the National Statistics Institute (INE) showed on Tuesday. The 12-month inflation rate was the same as the flash estimate reported by INE two weeks ago and the average expectation by...
Adobe starts roll-out of AI video tools, challenging OpenAI and Meta
Date: October 15, 2024
(Reuters) – Adobe on Monday said it has started publicly distributing an AI model that can generate video from text prompts, joining the growing field of companies trying to upend film and television production using generative artificial intelligence. The Firefly Video Model, as the technology is called, will compete with OpenAI’s Sora, which was...