From Mad Men to machines? Big advertisers shift to AI

From Mad Men to machines? Big advertisers shift to AI

LONDON, Aug 18 (Reuters) – Some of the world’s biggest advertisers, from food giant Nestle (NESN.S) to consumer goods multinational Unilever (ULVR.L), are experimenting with using generative AI software like ChatGPT and DALL-E to cut costs and increase productivity, executives say. But many companies remain wary of security and copyright risks as well as the … Read more

Dollar set for fifth winning week on Fed bets, PBOC supports yuan

Dollar set for fifth winning week on Fed bets, PBOC supports yuan

TOKYO, Aug 18 (Reuters) – The dollar headed for a fifth winning week versus major peers, the longest streak for 15 months, as a resilient U.S. economy argued for high rates for longer while China’s floundering recovery spurred demand for the safety of the U.S. currency. On Friday, however, the dollar trimmed some of those … Read more

PayPal to halt UK crypto sales until 2024

PayPal to halt UK crypto sales until 2024

The PayPal logo is seen at an office building in Berlin, Germany, March 5, 2019. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing Rights LONDON, Aug 16 (Reuters) – Payments giant PayPal (PYPL.O) will stop allowing UK customers to buy cryptocurrencies through its platform from October as it works to comply with new rules on crypto promotions. Britain’s … Read more

AMERICAS Bonds calm down but Chinese markets smolder

AMERICAS Bonds calm down but Chinese markets smolder

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan Restive bonds showed signs of calm on Wednesday, but … Read more

Mount Etna eruption closes Sicily’s troubled Catania airport

Mount Etna eruption closes Sicily’s troubled Catania airport

[1/3]Mount Etna, Europe’s most active volcano, lights up the night sky with eruptions as seen from Rocca Della Valle, Italy, August 13, 2023. Etna Walk/Marco Restivo/ Handout via REUTERS CATANIA, Sicily, Aug 14 (Reuters) – Flights serving the eastern Sicilian city of Catania were halted on Monday after an eruption from nearby Mount Etna, local … Read more

Exclusive: SoftBank in talks to buy Vision Fund’s 25% stake in Arm

Exclusive: SoftBank in talks to buy Vision Fund’s 25% stake in Arm

A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File photo NEW YORK, Aug 13 (Reuters) – SoftBank Group Corp (9984.T) is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision Fund 1 (VF1), … Read more

ChatGPT fever spreads to US workplace, sounding alarm for some

ChatGPT fever spreads to US workplace, sounding alarm for some

LONDON/WASHINGTON, Aug 11 (Reuters) – Many workers across the U.S. are turning to ChatGPT to help with basic tasks, a Reuters/Ipsos poll found, despite fears that have led employers such as Microsoft and Google to curb its use. Companies worldwide are considering how to best make use of ChatGPT, a chatbot programme that uses generative … Read more

Russia launches moon lander in race to find water on moon

Russia launches moon lander in race to find water on moon

[1/2]A Soyuz-2.1b rocket booster with a Fregat upper stage and the lunar landing spacecraft Luna-25 blasts off from a launchpad at the Vostochny Cosmodrome in the far eastern Amur region, Russia, in this still image from video taken August 11, 2023. Roscosmos/Handout via REUTERS WASHINGTON, Aug 10 (Reuters) – Russia launched its first moon-landing spacecraft … Read more

Heatwave-hit jamboree in S.Korea in doubt as American scouts leave

Heatwave-hit jamboree in S.Korea in doubt as American scouts leave

[1/4]Participants wait in a long line to get into a souvenir shop at the camping site for the 25th World Scout Jamboree in Buan, South Korea, August 4, 2023. REUTERS/Kim Hong-Ji BUAN, South Korea, Aug 5 (Reuters) – The World Scout Jamboree in South Korea faced calls to be cancelled on Saturday after large contingents … Read more

Fitch downgrade highlights investor worries about US fiscal picture

Fitch downgrade highlights investor worries about US fiscal picture

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. REUTERS/Brendan McDermid/File Photo Aug 2 (Reuters) – Fitch’s downgrade of the U.S. credit rating is likely to exacerbate unease about the country’s debt position, political polarization and the global standing of the U.S. dollar, investors … Read more