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Robots say they won’t steal jobs, rebel against humans

Robots say they won’t steal jobs, rebel against humans

Jul 7, 2023 | Asia, Business, Economy, Entertainment and Lifestyle, Europe, Health, Oddly Enough, Science, Technology, Top News

By Emma Farge GENEVA (Reuters) -Robots presented at an AI forum said on Friday they expected to increase in number and help solve global problems, and would not steal humans’ jobs or rebel against us. But, in the world’s first human-robot press conference,...
Where are germanium and gallium produced, what are they used for?

Where are germanium and gallium produced, what are they used for?

Jul 7, 2023 | Asia, Business, Economy, Europe, Politics, US

(This July 4 story has been refiled to specify data on gallium is for primary gallium only in paragraph 12 and add Canadian gallium producer in paragraph 8) (Reuters) – China said on Monday it will impose export restrictions from Aug. 1 on some gallium and...
US’s Yellen lands in China, hopes to thaw icy relations

US’s Yellen lands in China, hopes to thaw icy relations

Jul 6, 2023 | Asia, Economy, Environment, Politics, Top News, US

By Andrea Shalal and Yew Lun Tian BEIJING (Reuters) -U.S. Treasury Secretary Janet Yellen on Thursday began a four-day visit to China focused on easing tensions between the world’s two largest economies, despite low expectations on both sides. Shortly after...
Dollar eases after strong labor market reports

Dollar eases after strong labor market reports

Jul 6, 2023 | Asia, Australia, Business, Canada, Economy, Europe, UK, US

By Herbert Lash NEW YORK (Reuters) -The dollar eased after a brief rebound on Thursday as data showing the U.S. labor market remains strong increased chances the Federal Reserve will raise interest rates later this month. Private payrolls surged in June in the biggest...
Samsung profit likely lowest in more than 14 years as chip glut persists

Samsung profit likely lowest in more than 14 years as chip glut persists

Jul 6, 2023 | Asia, Business, Economy, Technology

By Joyce Lee SEOUL (Reuters) -Samsung Electronics’ June-quarter profit is expected to plunge 96% on-year to the lowest for any quarter in more than 14 years, as a chip glut continues to drive large losses in the tech giant’s cash cow business despite a...
Why a $1.5 trillion source of corporate financing is choking on higher rates

Why a $1.5 trillion source of corporate financing is choking on higher rates

Jul 5, 2023 | Asia, Business, Economy, Europe, US

By Naomi Rovnick and Chiara Elisei LONDON (Reuters) – A financial stream that helped fund the world’s riskiest companies and grew into a market estimated at $1.5 trillion in the low interest rate years is drying up, as aggressive rate hikes bring tougher...
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