Category Archives:
Appen launches cost-cutting plan as earnings drop, expands into generative AI
(Reuters) - Appen Ltd on Wednesday flagged a soft start to the year due to unfavourable economic conditions, although the Australian AI training provider expects to be profitable by the end of 2023 on...
May 09, 2023
South Korea current account swings back to surplus in March
SEOUL (Reuters) - South Korea's current account balance in March ended a two-month run of deficit to post a surplus, but suffered its biggest quarterly deficit in more than 14 years during the January...
May 09, 2023
Australia’s TechnologyOne halts trading after being hit by cyber attack
(Reuters) - Australia's TechnologyOne Ltd said on Wednesday it had detected an unauthorised third-party access to its back-office systems, becoming the latest target in a series of cyber attacks that ...
May 09, 2023
US opens embassy in Tonga in new pushback against China in Pacific
WASHINGTON (Reuters) -The United States has opened a new embassy in Tonga, the State Department said on Tuesday, part of efforts to step up the U.S. diplomatic presence in the Pacific region to counte...
May 09, 2023
Treasury debt advisors warn of ‘seismic’ impact from U.S. debt payment delays
WASHINGTON (Reuters) - Wall Street executives who have advised the U.S. Treasury's debt operations for the past 25 years warned on Tuesday they are "deeply concerned" about the debt limit impasse that...
May 09, 2023
Singapore bank OCBC’s Q1 net profit jumps 39% to record $1.42 billion
SINGAPORE (Reuters) -Singapore's second biggest lender Oversea-Chinese Banking Corp (OCBC) on Wednesday reported a 39% jump in its first-quarter net profit from a year earlier on the back of strong ne...
May 09, 2023
Tesla says its Texas factory hits output of 5,000 Model Ys per week
BERKELEY, California (Reuters) - Tesla said on Tuesday that its Texas factory achieved production of 5,000 Model Y vehicles per week, meaning that it would be able to produce about 260,000 of the vehi...
May 09, 2023
Myanmar’s crisis overshadows ASEAN summit in Indonesia
By Kate Lamb LABUAN BAJO, Indonesia (Reuters) - Southeast Asian leaders gathering in Indonesia on Wednesday will wrangle over how to resolve the crisis in Myanmar as patience in the ASEAN bloc wears t...
May 09, 2023
UK citizen extradited to US pleads guilty to 2020 Twitter hack
(Reuters) - A citizen of the United Kingdom who was extradited to New York from Spain last month has pleaded guilty to cyberstalking and computer hacking schemes, including the 2020 hack of the social...
May 09, 2023
Dutch PM says in Brazil his country will back Ukraine as long as needed
BRASILIA (Reuters) - Dutch Prime Minister Mark Rutte discussed the war in Ukraine on Tuesday with Brazilian President Luiz Inacio Lula da Silva and said there should be no concessions that affect Ukra...
May 09, 2023
Peoria, IL, USA
81 °F Sunny
