Chinese tech giants slash prices of language models used to power AI chatbots
By Liam Mo and Eduardo Baptista BEIJING (Reuters) - Chinese tech giants Alibaba and Baidu slashed prices on Tuesday of large-...
2h ago
Sri Lanka inflation rises to 2.7% in April from 2.5% in March
COLOMBO (Reuters) - Sri Lanka's consumer price inflation rose to 2.7% in April from 2.5% in March, official data showed on Tu...
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Exclusive-Conservative investor pulls JPMorgan resolution, cites changes addressing 'politicized finance'
By Ross Kerber (Reuters) - A conservative shareholder has withdrawn a resolution filed for a vote at Tuesday's annual meeting...
3h ago
Canadian banks' quarterly profits seen pressured by higher bad-debt provisions
By Nivedita Balu TORONTO (Reuters) - Canadian banks are expected to set aside money for challenging days, which will hurt qua...
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China's JD.com aims to raise $1.5 billion in convertible bond deal
By Scott Murdoch SYDNEY (Reuters) -Chinese online retailer JD.com is raising $1.5 billion via a convertible bond sale, accord...
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UK manufacturing orders dry up in May: CBI
(Reuters) - British manufacturing orders contracted this month at the fastest rate since November and expectations for future...
3h ago
California court to weigh fate of law treating app-based drivers as contractors
By Daniel Wiessner (Reuters) - California's top state court on Tuesday will consider a labor union's challenge to a ballot me...
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Morning bid: Calm markets hover near highs, metals step back
A look at the day ahead in U.S. and global markets from Mike Dolan Partly due to the absence of top-tier economic news this w...
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Lowe's posts lower-than-expected drop in sales on demand for small-scale repairs
(Reuters) - Lowe's Cos reported a lower-than-expected drop in quarterly sales on Tuesday, helped by more small-scale repairs ...
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Yellen says US, Europe must respond jointly to China's industrial overcapacity
By David Lawder FRANKFURT (Reuters) - U.S. Treasury Secretary Janet Yellen said on Tuesday that the United States and Europe ...
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