Namibia’s president-elect pledges ‘radical shifts’ on poverty and unemployment

WINDHOEK (Reuters) – Namibia’s President-elect Netumbo Nandi-Ndaitwah pledged “radical shifts” to fix the country’s high levels of poverty and unemployment, speaking on Thursday in her first press conference since winning last week’s election. Nandi-Ndaitwah, who will take office in March as the first woman to hold the post in the southern African country, suggested she …

Namibia’s president-elect pledges ‘radical shifts’ on poverty and unemployment Read More »

AI startup Cohere to prioritize customized over larger models in enterprise push

By Krystal Hu Canadian AI startup Cohere, last valued at $5.5 billion, will focus on building tailored models for enterprise users over larger foundation models, the company told Reuters. The evolvement of its strategy, laid out in a company letter to its investors on Thursday, comes as many companies are still trying to figure out …

AI startup Cohere to prioritize customized over larger models in enterprise push Read More »

Datalogic employees in Italy plan stoppages over wage concerns

ROME (Reuters) – Workers at Italy’s Datalogic plan a series of stoppages during December and January in response to the company’s failure to increase wages and reduce working hours, unions said on Thursday. Italian workers from multiple sectors have been staging numerous protests in recent months, voicing their discontent over salaries and working conditions. Unions …

Datalogic employees in Italy plan stoppages over wage concerns Read More »

Brown-Forman beats quarterly results on whiskey, ready-to-drink beverages demand

(Reuters) – Brown-Forman beat second-quarter sales and profit estimates on Thursday, helped by steady demand for its ready-to-drink beverages and spirits. Shares of the company, which has dropped nearly 28% so far this year, rose about 6% before the bell. The company’s famed whiskey products including Woodford Reserve and Old Forester saw sales grow based …

Brown-Forman beats quarterly results on whiskey, ready-to-drink beverages demand Read More »

Broadcom unveils new tech to speed up custom chips amid rising GenAI demand

(Reuters) – Broadcom said on Thursday its custom chip unit, which makes AI processors for cloud providers, has developed new technology to enhance semiconductor speeds amid escalating demand for generative artificial intelligence infrastructure. Palo Alto, California-based Broadcom is among the biggest beneficiaries of hefty demand for AI-supporting hardware, as so-called hyperscalers turn to its custom …

Broadcom unveils new tech to speed up custom chips amid rising GenAI demand Read More »

Taiwan president speaks with US House Speaker Johnson, China warns of ‘red lines’

By Yimou Lee and Michael Martina TAIPEI (Reuters) -Taiwan President Lai Ching-te said on Thursday he spoke with House Speaker Mike Johnson and other U.S. congressional leaders during his visit to the Pacific, as China called the Taiwan issue a “red line” not to be crossed in Sino-U.S. ties. China considers democratically governed Taiwan its …

Taiwan president speaks with US House Speaker Johnson, China warns of ‘red lines’ Read More »

Starmer pledges measurable ‘milestones’ to rebuild Britain after rocky start

By Alistair Smout and Elizabeth Piper IVER, England (Reuters) -Prime Minister Keir Starmer pledged on Thursday to deliver on his priorities to rebuild Britain by offering voters targets for improved living standards and more home building in a speech he hopes will draw a line under a bumpy start to government. Five months since his …

Starmer pledges measurable ‘milestones’ to rebuild Britain after rocky start Read More »

Factbox-The six milestones Starmer says will define success of UK government

By Andrew MacAskill LONDON (Reuters) – British Prime Minister Keir Starmer on Thursday announced six priorities intended to convince dissatisfied voters he was addressing their concerns after his approval ratings have plunged since Labour’s national election victory in July. Below is a list of what he called “milestones” he wants to achieve by the next …

Factbox-The six milestones Starmer says will define success of UK government Read More »