By Winni Zhou and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Violet Zhu, a Shanghai-based electronic components exporter, has been attending jewellery auctions and chatting on social media forums on the subject this year, looking to invest in rubies and diamonds. “I don’t have the brain for stock investments, and I am waiting to redeem mutual fund …
Chinese households turn to jewellery and gold in flight to safety Read More »
By Steve Scherer OTTAWA (Reuters) – Public broadcaster Canadian Broadcasting Corporation’s (CBC) Twitter account was on Monday labeled as “69% Government-funded Media” by the social media website. The Twitter label on the CBC site previously showed “70% Government-funded Media”, but Twitter owner Elon Musk said the “Canadian Broadcasting Corp said they’re “less than 70% government-funded”, …
Canada public broadcaster’s Twitter account labeled ‘69% Government-funded Media’ Read More »
BEIJING (Reuters) – China’s industrial output rose 3.9% in March year-on-year, official data showed on Tuesday, accelerating from a 2.4% increase in the first two months but missing expectations slightly amid a post-COVID economic recovery. Retail sales rose 10.6%, beating forecasts for a 7.4% increase by a large margin. It was also faster than the …
China’s March industrial output rises 3.9%; retail sales up 10.6% Read More »
SHANGHAI (Reuters) – Chinese electric vehicle makers should brace for the possibility of protectionist policies being leveled against them by foreign governments as they seize on their cost advantages to expand exports, the founder of Chinese EV maker Nio said. William Li told reporters on the sidelines of the Shanghai Autoshow that he estimated his …
Chinese EV makers should brace for protectionist policies abroad – Nio CEO Read More »
By Jasper Ward (Reuters) -Prosecutors charged an 84-year-old white Kansas City man with two felonies on Monday in the shooting of a Black teenager who was wounded after walking up to the wrong house when going to pick up his younger twin brothers. Andrew Lester was charged with first-degree assault, which could bring a sentence …
White Kansas City man, 84, charged for shooting Black teen who went to wrong house Read More »
By Hyunjoo Jin and Sheila Dang SAN FRANCISCO (Reuters) -Billionaire Elon Musk said on Monday he will launch an artificial intelligence (AI) platform that he calls “TruthGPT” to challenge the offerings from Microsoft and Google. He criticised Microsoft-backed OpenAI, the firm behind chatbot sensation ChatGPT, of “training the AI to lie” and said OpenAI has …
Elon Musk says he will launch rival to Microsoft-backed ChatGPT Read More »
MEXICO CITY (Reuters) – Members of Mexico’s National Guard are suspected of killing two civilians this weekend in the northern border city of Nuevo Laredo, including a pregnant teenager, a state official and local media said on Monday. The shooting was likely due to a mix-up because a vehicle with gunmen in it had been …
Mexican National Guard suspected of killing pregnant teenager -state official Read More »
By Dawn Chmielewski and Lisa Richwine (Reuters) -Florida Governor Ron DeSantis on Monday fired another shot in his battle with Walt Disney Co, saying the state’s Republican legislature would take steps to nullify the company’s effort to circumvent state oversight of Walt Disney World. DeSantis, a likely Republican presidential candidate who has made attacking “woke …
DeSantis escalates battle with Disney in new legislative push Read More »
NEW YORK (Reuters) – Apple Inc is seeking to attract U.S. savers with a new high-yield deposit account it announced on Monday with partner Goldman Sachs Group Inc amid increased competition among financial institutions for consumer dollars. Apple said users of its Apple Card can earn 4.15% on savings accounts, or 10 times higher than …
Apple offers high-yield savings to card customers as deposit competition heats up Read More »
By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden is running again, he and White House officials insist, he is just not ready to announce it yet. The expected date for Biden, 80, to make his 2024 presidential plans official slipped after the State of the Union address in February to months later as the …
Biden lags recent Democratic presidents in declaring re-election campaign Read More »
