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IBM and L'Oréal to Build First AI Model to Advance the Creation of Sustainable Cosmetics
PARIS and NEW YORK, Jan. 16, 2025 /PRNewswire/ -- IBM (NYSE: IBM) and L'Oréal, the world's leading beauty company, announced a collaboration to leverage IBM's generative artificial intelligence (GenAI) technology and expertise to uncover new insights in cosmetic formulation data, facilit...PR Newswire
Jan 16, 2025
Japan stocks buoyed by US bank earnings, cooling inflation, but firm yen caps gains
Updates with closing pricesBy Kevin Buckland TOKYO, Jan 16 (Reuters) - Japan's Nikkei share average rose on Thursday, tracking a rally in Wall Street on robust U.S. bank earnings and a cooling in core consumer inflation.The Nikkei .N225 added 0.33% to close at 38,572.60, snapping a five-day losin...Reuters
Jan 16, 2025
LIVE MARKETS-Brief relief for markets after tame US inflation
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comBRIEF RELIEF FOR MARKETS AFTER TAME US INFLATION Global stocks and non-dollar currencies found some respite from their i...Reuters
Jan 16, 2025
TikTok prepares to shut down app in US on Sunday, sources say
WASHINGTON/NEW YORK, Jan 15 (Reuters) - TikTok plans to shut U.S. operations of its social media app used by 170 million Americans on Sunday, when a federal ban is set to take effect, barring a last-minute reprieve, people familiar with the matter said on Wednesday.Reuters
Jan 16, 2025
PRESS DIGEST -Wall Street Journal - Jan 16
Jan 16 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - The Biden administration rolled out a flurry of new restrictions on Chinese companies and their access to advanced chips, part of a las...Reuters
Jan 16, 2025
MORNING BID EUROPE-Brief relief for markets after tame US inflation
A look at the day ahead in European and global markets from Ankur BanerjeeGlobal stocks and non-dollar currencies found some respite from their inflation-related anxieties, buoyed by a strong start to the earnings season and a softish U.S. core inflation reading that revived hopes for Fed rate cuts ...Reuters
Jan 16, 2025
EMERGING MARKETS-Rupiah, Korean won decline after central banks' surprise decisions
South Korea holds rates at 3.00%Korean stocks at near 1-week highRupiah slips to 6-month lowBy Sneha Kumar and Sameer Manekar Jan 16 (Reuters) - The Indonesian rupiah hit a more than six-month low on Thursday while the South Korean won snapped a three-day winning streak after both countries' cen...Reuters
Jan 16, 2025
UK Stocks-Factors to watch on Jan 16
Jan 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.13%.* BP/SHELL: A judge has dismissed New York City's lawsuit seeking to hold Exxon Mobil XOM.N, BP BP.L and Shell SHEL.L liable for misleading the public about their products, and their com...Reuters
Jan 16, 2025
EMERGING MARKETS-Rupiah, Korean won decline after central banks' surprise decisions
South Korea holds rates at 3.00%Korean stocks at near 1-week highRupiah slips to 6-month lowBy Sneha Kumar and Sameer Manekar Jan 16 (Reuters) - The Indonesian rupiah hit a more than six-month low on Thursday while the South Korean won snapped a three-day winning streak after both countries' cen...Reuters
Jan 16, 2025
INDIA STOCKS-Indian shares rise as US inflation relief boosts Fed rate cut bets
Updates for morning tradeBy Bharath Rajeswaran and Indranil Sarkar Jan 16 (Reuters) - Indian shares rose on Thursday, tracking other Asian peers, after underlying U.S. inflation softened in December, boosting the likelihood of further rate cuts by the Federal Reserve.The Nifty 50 .NSEI was up 0.3...Reuters
Jan 16, 2025
BUZZ-India's Shalby gains on US FDA approval for knee replacement device
** Shares of hospital chain operator Shalby SHAY.NS rise as much as 4.9% to 233.65 rupees; currently up 2.6%** Co on Wednesday said its U.S. unit received U.S. FDA clearance for DuraniomTM, its primary total knee replacement device** Stock on track for a third consecutive session of gains, if trend ...Reuters
Jan 16, 2025
BUZZ-India's L&T Technology jumps after raising revenue growth outlook
** L&T Technology Services LTEH.NS shares rise as much as 10% to 5,336.9 rupees** Co raises FY25 revenue growth outlook to near 10% from 8%-10% earlier on the back of acquiring software firm Intelliswift** Co's Q3 revenue rose 9.6% to 26.53 billion rupees ($307 billion)** LTEH set for best day since...Reuters
Jan 16, 2025
INDIA STOCKS-Indian shares open higher after US inflation relief
Updates for markets open Jan 16 (Reuters) - Indian shares opened higher on Thursday, tracking other Asian peers, after underlying U.S. inflation softened in December, raising hopes for further easing by the Federal Reserve.The Nifty 50 .NSEI was up 0.53% at 23,340.3 points as of 9:15 a.m. IST, wh...Reuters
Jan 16, 2025
US bank earnings, cooling inflation boost Japan's Nikkei, but firm yen caps gains
By Kevin Buckland TOKYO, Jan 16 (Reuters) - Japan's Nikkei share average climbed on Thursday, tracking a rally on Wall Street amid robust U.S. bank earnings and a cooling in core consumer inflation.The Nikkei .N225 added 0.28% to 38,551.96 as of the midday recess, setting it up to snap a five-day...Reuters
Jan 16, 2025
GLOBAL MARKETS-Stocks rise with US rate cuts back in view; yen at one-month high
Asian stocks surge boosted by tech stocks Yen rises to one-month high on growing rate hike wagersDollar eases after cool US inflation revives rate cut hopesUS earnings kick off with strong showing by banksUpdates after Asia openBy Ankur Banerjee and Sinéad Carew SINGAPORE/NEW YORK, Jan 16 (Reuter...Reuters
Jan 16, 2025
INDIA STOCKS-Indian shares set to open higher after US inflation relief
Jan 16 (Reuters) - Indian shares are set for a positive start on Thursday, tracking other Asian peers, after U.S. core inflation rose less than expected in December, raising hopes for further easing by the Federal Reserve.The GIFT Nifty futures GIFc1 were trading at 23,398.5 as of 7:49 a.m. IST, ind...Reuters
Jan 16, 2025
LG Display Unveils 4th-Generation OLED Panel Optimized for AI Era
SEOUL, South Korea, Jan. 16, 2025 /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, continues to lead the way in large-sized OLED technology by unveiling its fourth-generation OLED TV panel. 33% brighter than the previous generation and optimized for the AI TV era, i...PR Newswire
Jan 16, 2025
REFILE-UPDATE 3-Hindenburg founder to close short-seller behind Adani, Nikola selloffs
Refiles to remove erroneous "short" in paragraph 1Founder Anderson mentions 'all-encompassing' nature of the work as a reasonAmong his best-known shorts is a bet against electric truck maker NikolaShort-seller says he plans to open-source his methodology over the next months By Carolina Mandl, Prita...Reuters
Jan 16, 2025
