Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Sruthi Shankar and Ankika Biswas Published Apr 25, 2023 • 2 minute read Join the conversation Article content Wall Street was set to open lower on Tuesday following a mixed batch of earnings reports, while a plunge in deposits of regional lender First […]
Article content MADRID — Spain’s Ferrovial, which plans to move its holding company to the Netherlands, is handing control of a new subsidiary in Madrid to its chairman’s son, an official document showed. Ferrovial International SE (FISE) appeared in the official Spanish registry of business entities on Thursday, the day shareholders overwhelmingly voted in favor […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Rae Wee and Medha Singh Published Apr 11, 2023 • 2 minute read Join the conversation Article content Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its steady gains as investors raised […]
Breadcrumb Trail Links PMN Technology PMN Business Article content SHANGHAI — Tech giant Alibaba is seeking companies to test its Tongyi Qianwen AI chatbot, business publication STAR Market Daily reported on Friday, joining the rush to emulate the explosive success of ChatGPT. The free-to-use ChatGPT, a large language model (LLM) application created by Microsoft-backed OpenAI, […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Aditya Kalra Published Apr 06, 2023 • 2 minute read Join the conversation Article content NEW DELHI — Top startups in India have called on the country’s competition watchdog to launch an inquiry into Alphabet’s Google for allegedly bypassing an antitrust directive by […]
Article content Telecom Italia (TIM) has become the first junk-rated European company to tap debt markets after the recent banking turmoil, raising 400 million euros through a sale of a new tranche of an existing bond due in 2028. Dogged by stiff price competition in its domestic market, TIM is seeking to restructure its operations […]
Article content BEIJING — Chinese search engine Baidu on Monday shared pre-recorded videos of its AI-powered chatbot Ernie summarizing financial statements and producing powerpoint presentations, among other industry-focused capabilities. According to images shared by a Baidu spokesperson in a media-facing group on WeChat, China’s most widely used messaging service, the Chinese chatbot has a wider […]
Article content TAIPEI — Germany’s education minister said on Wednesday that she was on a “normal work trip” to Taiwan to seek collaboration with partners that share similar challenges, a visit China has condemned as “vile.” China views democratically governed Taiwan as its own territory and has ramped up military, political and economic pressure to […]
Article content TAIPEI — Taiwan’s export orders in February shrank for a sixth straight month, though at a slower pace, dragged down by China and as global demand continued to be squeezed by inflation and interest rate hikes. The island’s export orders, a bellwether for global technology demand, fell 18.3% from a year earlier to […]
Article content Hong Kong — China and Hong Kong stocks widened their losses on Thursday, weighed by new energy and oil stocks, as Swiss regulators’ unprecedented move to pledge a liquidity lifeline to top lender Credit Suisse stoked fears of a banking crisis. ** China’s blue chip CSI300 Index was down 1.2%, lowest since Jan. […]