By Giulio Piovaccari MILAN (Reuters) -Italy’s Lancia will pursue profitability over volume to secure a long-term home in the 14 brand Stellantis stable and try to emulate German carmaker Mercedes to do so, its boss Luca Napolitano told Reuters. Lancia has in recent years retreated from a past littered with world rally titles and iconic …
Lancia to mimic Mercedes in pursuit of a future inside Stellantis Read More »
(Reuters) – Australia’s Ramsay Health Care Ltd said on Monday it would buy Britain’s Elysium Healthcare Ltd for 775 million pounds ($1.03 billion) as it looks to expand its presence in mental healthcare services. The COVID-19 pandemic has put an even larger spotlight on mental health as lockdowns take a toll on people’s wellbeing. With …
Australia’s Ramsay Health Care to buy mental healthcare group Elysium for $1 billion Read More »
By Shane Raymond (Reuters) – “Do you want to see yourself acting in a movie or on TV?” said the description for one app on online stores, offering users the chance to create AI-generated synthetic media, also known as deepfakes. “Do you want to see your best friend, colleague, or boss dancing?” it added. “Have …
Deepfake anyone? AI synthetic media tech enters perilous phase Read More »
By Gabriella Borter MAYFIELD, Ky. (Reuters) – A ray of hope emerged on Sunday from the aftermath of a barrage of tornadoes that obliterated a Kentucky town and killed people in five states, as representatives of a destroyed candle factory said far fewer people may have died than previously feared. President Joe Biden declared a …
Hope amid the rubble: Kentucky tornado death toll could fall, company says Read More »
By Humeyra Pamuk, Michael Martina and David Brunnstrom WASHINGTON (Reuters) – A video feed of a Taiwanese minister was cut during U.S. President Joe Biden’s Summit for Democracy last week after a map in her slide presentation showed Taiwan in a different color to China, which claims the island as its own. Sources familiar with …
The curious case of a map and a disappearing Taiwan minister at U.S. democracy summit Read More »
By Humeyra Pamuk, Michael Martina and David Brunnstrom WASHINGTON (Reuters) -A video feed of a Taiwanese minister was cut during U.S. President Joe Biden’s Summit for Democracy last week after a map in her slide presentation showed Taiwan in a different color to China, which claims the island as its own. Sources familiar with the …
The curious case of a map and a disappearing Taiwan minister at U.S. democracy summit Read More »
HANOI (Reuters) – Vietnamese conglomerate Masan’s said on Monday it was considering launching an international initial public offering for its consumer retail unit The CrownX in 2023-2024 after raising a further $350 million from a consortium of investors. The consortium comprised private equity firm TPG, Platinum Orchid, a wholly owned subsidiary of the Abu Dhabi …
Vietnam’s Masan eyes international IPO for retail unit in 2023-2024 Read More »
SHANGHAI (Reuters) -More than a dozen Chinese-listed companies said they had suspended production in coronavirus-hit parts of China’s eastern Zhejiang province in response to local government’s tightened COVID-19 curbs, causing their share prices to plunge. Zhejiang reported a total of 173 locally transmitted cases with confirmed symptoms during the Dec. 6-12 period, official numbers showed …
Some Chinese companies suspend production in Zhejiang province on virus outbreak Read More »
By Ben Blanchard TAIPEI (Reuters) – A full Chinese invasion of Taiwan with troops landed and ports and airports seized would be very difficult to achieve due to problems China would have in landing and supplying troops, Taiwan’s Defence Ministry said in its latest threat assessment. Tensions between Taipei and Beijing, which claims the democratically-ruled …
Taiwan says confident Chinese invasion would be very hard Read More »
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s service-sector mood improved to a two-year high but the recovery among manufacturers stalled, a closely watched central bank survey showed, a sign rising raw material costs was weighing on the economy’s recovery from the pandemic. Big firms expect conditions to worsen ahead as high fuel prices …
Japan’s service-sector mood improves; Omicron, rising costs cloud outlook Read More »
