Town Hall News

By Krishn Kaushik, Laurie Chen and Martin Quin Pollard NEW DELHI/BEIJING (Reuters) – Chinese President Xi Jinping is likely to skip a summit of G20 leaders in India next week, sources familiar with the matter in India and China told Reuters. Two Indian officials, one diplomat based in China and one official working for the government of another G20 country said Premier Li Qiang is expected to represent Beijing at […]

By Noele Illien ZURICH (Reuters) -UBS Group said on Thursday it would fully absorb Credit Suisse’s domestic bank – a decision that comes despite a likely backlash in Switzerland where it could result in the loss of thousands of jobs. The long-awaited announcement was made in tandem with UBS’s first earnings report since taking over its stricken rival. UBS could have spun off the business and floated it in an […]

By Supantha Mukherjee STOCKHOLM (Reuters) – Advocacy group Noyb on Thursday filed complaints against Google-owned Fitbit in Austria, the Netherlands and Italy accusing the fitness tracking company of violating the European Union’s General Data Protection Regulation (GDPR) privacy regime. Vienna-based Noyb (None Of Your Business), the digital rights group founded by privacy activist Max Schrems, has already filed hundreds of complaints against big tech companies ranging from Alphabet Inc’s Google […]

By Josh Ye and Urvi Manoj Dugar (Reuters) -Four Chinese tech firms including Baidu Inc and SenseTime Group on Thursday launched their artificial intelligence (AI) chatbots to the public after receiving government approval, as China’s government pushes to widen the use of such products amid competition with the United States. Baidu, China’s leading online search provider, said in a statement that its ChatGPT-like chatbot, Ernie Bot, was now fully accessible […]

By Makiko Yamazaki TOKYO (Reuters) -Nearly 70% of companies listed on the top “prime” section of the Tokyo Stock Exchange (TSE) have yet to respond to the bourse’s call for better capital efficiency, a request that helped lift the Japanese market to 33-year highs. The TSE made a rare call in March for firms to disclose plans in the long run to improve capital efficiency, especially if their shares are […]

By Makiko Yamazaki TOKYO (Reuters) -Nearly 70% of companies listed on the top “prime” section of the Tokyo Stock Exchange (TSE) have yet to respond to the bourse’s call for better capital efficiency, a request that helped lift the Japanese market to 33-year highs. The TSE made a rare call in March for firms to disclose plans in the long run to improve capital efficiency, especially if their shares are […]

By Steve Keating NEW YORK (Reuters) -Caroline Wozniacki claimed the biggest win of her comeback and a spot in the third round of the U.S. Open on Wednesday as the Dane’s Grand Slam adventure continued with an 7-5 7-6(5) upset of 11th seed Petra Kvitova. Twice a finalist at Flushing Meadows, Wozniacki was back on the stage she has graced so many times against a familiar foe in front of […]

ZURICH (Reuters) – UBS Group said on Thursday it would fully absorb Credit Suisse’s domestic bank – a decision that comes despite a likely backlash in Switzerland where it could result in the loss of thousands of jobs. The long-awaited announcement was made in tandem with UBS’s first earnings report since taking over its stricken rival. UBS could have spun off the business and floated it in an IPO but […]

(Reuters) – Order of play on the main show courts on the fourth day of the U.S. Open on Thursday (play starts 1500 GMT/11 AM ET unless stated, prefix number denotes seeding): ARTHUR ASHE STADIUM (1600 GMT/12 PM ET) Andy Murray (Britain) v 19-Grigor Dimitrov (Bulgaria) Yanina Wickmayer (Belgium) v 17-Madison Keys (U.S.) 1-Carlos Alcaraz (Spain) v Lloyd Harris (South Africa) Patricia Maria Tig (Romania) v 3-Jessica Pegula (U.S.) LOUIS […]