Roller coaster March puts macro hedge funds in red, others post small gains
By Carolina Mandl and Svea Herbst-Bayliss NEW YORK (Reuters) -Big market swings in March sparked by a banking crisis hurt some hedge f..
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Australian mayor readies world’s first defamation lawsuit over ChatGPT content
By Byron Kaye SYDNEY (Reuters) – A regional Australian mayor said he may sue OpenAI if it does not correct ChatGPT’s false..
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Wall St ends lower, Treasury yields slide as data fuels recession jitters
By Stephen Culp NEW YORK (Reuters) – U.S. stocks lost ground on Wednesday and Treasury yields extended their decline as a batch..
Finance
Stellantis unveils Ram EV pickup, to debut late in 2024, at New York auto show
By David Shepardson NEW YORK (Reuters) -Chrysler parent Stellantis NV on Wednesday unveiled its new electric Ram pickup truck, which i..
Business
Analysis-Global climate coalitions need safer harbour from antitrust turbulence
LONDON (Reuters) -Global companies that form alliances to help them to tackle climate change need clear “safe harbour” gui..
Finance
In the ‘Garden of England’, loss-making orchards are cut down
By Sarah Young LINTON, England (Reuters) – The stumps of dozens of apple trees lie discarded along the side of a field. The fru..
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Deutsche Telekom reaches majority stake in T-Mobile U.S. – CEO
(Reuters) – Deutsche Telekom now holds a majority in T-Mobile U.S., the chief executive of the German telecoms company said on W..
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Italy probes Meta over abuse of position in music rights case
MILAN (Reuters) – Italy’s antitrust authority said on Wednesday it would investigate Meta Platform over the possible abuse..
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Ladbrokes owner Entain buys sports media business 365scores
(Reuters) -British gambling group Entain Plc said on Wednesday it acquired sports media business 365scores for up to $160 million to i..
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ICRC to cut some 1,500 jobs as humanitarian budgets seen sliding
GENEVA (Reuters) – The International Committee of the Red Cross said it would cut some 1,5000 jobs and roll back operations in s..
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