Month: September 2023

China steps up yuan defence with bond limit guidance 

Reuters exclusively reported that China’s central bank has asked domestic banks to limit outflows into foreign bonds, the latest in the raft of steps authorities are taking to contain yuan weakness.  The post China steps up yuan defence with bond limit guidance  appeared first on Reuters News Agency.
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Disney creates task force to explore AI and cut costs

Reuters was first to report Disney’s plans to create an internal task force to exploit artificial intelligence technology to cut costs and develop new products even as it battles labor unions who are trying to limit the use of the technology. AI is expected to touch every corner of the entertainment conglomerate and insiders gave […]
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