BENGALURU, Nov 3 (Reuters) – India’s Raymond (RYMD.NS) said on Friday it would pay 6.82 billion rupees ($82 million) for a majority stake in an auto parts maker, doubling down on its shift away from its once mainstay textiles business into engineering and real estate. Raymond said it will buy a 59.25% stake in Maini … Read more
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[1/2]An Estee Lauder cosmetics counter is seen in Los Angeles, California, U.S., August 19, 2019. REUTERS/Lucy Nicholson/File Photo Acquire Licensing Rights Nov 1 (Reuters) – Estee Lauder (EL.N) and Canada Goose Holdings (GOOS.TO), on Wednesday cut their annual forecasts as the luxury goods companies grapple with weak demand in high-growth market China. Estee’s shares tumbled … Read more
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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Fed sees 25 bp hike this year, 50 bp cuts in 2024 Fed’s projections see inflation approaching goal at end of 2025 Klaviyo jumps in debut Indexes: Dow up … Read more
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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
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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