Month: August 2023

Reuters analyzes the new wave of AI helpers with greater autonomy, powered by the latest version of the technology behind ChatGPT and its rivals. The post Insight: Race towards ‘autonomous’ AI agents grips Silicon Valley appeared first on Reuters News Agency.

Reuters was first to report that Russia was withdrawing from the UN-brokered agreement for a wartime safe shipping channel for Ukraine’s grain exports. The Monday announcement pushed global wheat prices sharply higher. U.S. wheat futures also jumped 8.5% on Wednesday and European grains soared after Reuters reported, ahead of competition, that Moscow would deem all […]

Reuters exclusively reported that Poland’s Naftoport oil terminal is set for another year of record volumes and plans to build a new jetty for supertankers as Moscow’s decades-long dominant supplier role in Poland and eastern Germany comes to an end. The post Polish terminal set from 50% volume jump as Russian oil ditched appeared first […]

Reuters exclusively reported that one of the world’s top insurers is considering a private sale or stock market listing of its property reinsurance business in a bid to cut its exposure to natural disasters like hurricanes. The post AXA weighs offloading $2 billion reinsurance arm to cut disaster risk appeared first on Reuters News Agency.

Chinese authorities announced on Friday a 7.12 billion yuan ($984 million) fine for Ant Group, ending a years-long regulatory overhaul of the fintech company and marking a key step to concluding a crackdown on the country’s internet sector. Ant’s penalty comes at a time when Chinese authorities are keen to boost private sector confidence as […]