(Reuters) -General Mills said on Tuesday it would remove artificial colors from its full U.S. retail portfolio by the end of 2027. The Cheerios maker also said it would remove synthetic dyes from all its U.S. cereals and foods served in K-12 schools by summer 2026. General Mills added the change will impact only a …
General Mills to remove artificial colors from all its US cereals and foods Read More »
By Johann M Cherian, Gaurav Dogra and Rae Wee SINGAPORE/BENGALURU (Reuters) -Bond investors fleeing the United States are finding a haven in stable and lucrative Asian debt markets, with Malaysia leading the pack as the destination for foreign money. Foreign ownership of government bonds from Indonesia to India is soaring, becoming a tailwind for markets …
Analysis-Malaysia scores record flows as bond investors favour Asia Read More »
SEOUL (Reuters) -South Korea’s central bank said on Wednesday that U.S. tariffs were likely to exert downward price pressure domestically as more Chinese goods might be sent to neighbouring countries rather than the U.S. because of Washington’s levies. In its biannual inflation report, the Bank of Korea said headline inflation will remain just shy of …
S.Korea central bank says US tariffs may exert downward price pressure Read More »
A look at the day ahead in European and global markets from Rae Wee Markets head into Wednesday’s Federal Reserve rates decision with much uncertainty around the global economy, trade and geopolitical ties. With the Israel-Iran air war entering a sixth day, the G7 wealthy nations struggling to find unity over the conflict in Ukraine, …
Morning Bid: Gloom pervades ahead of Fed meet’s outcome Read More »
By Selena Li and Kane Wu HONG KONG (Reuters) -Goldman Sachs will leverage a major revamp in Asia to capture a larger share of the investment banking market and capitalize on “strong tailwinds”, the Wall Street bank’s newly appointed regional investment banking chief told Reuters. Since September 2024, the bank has unified its merger and …
By Brendan O’Boyle and Cassandra Garrison MEXICO CITY (Reuters) -Mexico’s telecommunications regulator fined America Movil’s subsidiary Telcel 1.78 billion pesos ($93.61 million) on Tuesday for striking exclusivity deals with convenience store chain Oxxo to sell its SIM cards. America Movil, the telecommunications giant controlled by the family of Mexican billionaire Carlos Slim, denied the regulator’s …
Mexico fines Slim’s Telcel $94 million for SIM card deal with Oxxo convenience chain Read More »
By Jonathan Stempel (Reuters) -Delaware’s highest court on Tuesday threw out a judge’s order requiring Canadian pipeline operator TC Energy to pay $199.2 million of damages stemming from its $13 billion purchase of Columbia Pipeline Group in 2016. The case was brought by Columbia shareholders who wanted TC Energy held liable for cutting the takeover …
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks finished with losses on Tuesday as the Israel-Iran conflict raged on for a fifth day and kept investor anxiety high, with the U.S. military moving fighter jets to the Middle East. Indexes added to losses in afternoon trading, and the Cboe Volatility index rose to end at …
Indexes end lower as Israel-Iran fighting raises investor anxiety Read More »
By Matt Tracy, Echo Wang and Davide Barbuscia NEW YORK (Reuters) -Elon Musk’s xAI is on track to close on a $5 billion debt raise led by Morgan Stanley, despite tepid investor demand, according to two people familiar with the matter. The $5 billion debt sale, which includes a floating-rate term loan, a fixed-rate loan …
Exclusive-Musk’s xAI on track to raise $5 billion in fresh debt, following modest demand Read More »
By Fabian Cambero SANTIAGO (Reuters) -A dozen Latin American countries are collaborating to launch Latam-GPT in September, the first large artificial intelligence language model trained to understand the region’s diverse cultures and linguistic nuances, Chilean officials said on Tuesday. This open-source project, steered by Chile’s state-run National Center for Artificial Intelligence (CENIA) alongside over 30 …
Latin American countries to launch own AI model in September Read More »
