(This story has been refiled to correct the type of duck subject to European anti-dumping probe in paragraph 6.) By Daphne Zhang, Ella Cao and Lewis Jackson TENGZHOU, China, Oct 15 (Reuters) – In an office reeking of cigarettes, Dang Yangyang slouches on a black…
By Deborah Mary Sophia and Mehnaz Yasmin BENGALURU, Oct 15 (Reuters) – Figma’s CFO said on Thursday it was uncertain if the design software firm would return to peak gross margin levels as it ramps up AI spending, but said the investments will help draw…
By Selena Li Bangkok, Oct 15 (Reuters) – Sovereign wealth funds are increasingly raising funds outside dollar-denominated bonds as the intensifying competition to raise capital increases the costs of issuing debt, a senior banker at Citi who deals with the sector said on Thursday. Local…
By Solomon Cefai SINGAPORE, Oct 15 (Reuters) – In 1899, the Mt Lyell mine in Tasmania produced some 9,500 metric tons of copper. That made it the largest copper mine in the British Empire, though small by today’s standards. In September, after 12 years idle,…
ISLAMABAD, Oct 15 (Reuters) – At least 17 students, all of them below the age of 13, and one teacher were killed in a school roof collapse in Pakistan’s Peshawar city, a local hospital spokesperson said on Thursday. The students and the teacher were brought…
SYDNEY, Oct 15 (Reuters) – The International Surfing Association (ISA) has joined the World Surf League (WSL) in provisionally suspending a male professional surfer over what it described as “serious allegations of abuse within the surfing community”. The WSL suspended the surfer, who it said…
SINGAPORE, Oct 15 (Reuters) – The cost of insuring against US tech defaults has hit record levels in the latest sign of credit stress building in the AI trade, especially for data centres dependent on future revenue. The moves reflect rising investor concern over how…
By Yi-Chin Lee and Ann Wang TAICHUNG, Taiwan Oct 15 (Reuters) – Taiwanese President Lai Ching-te called on Thursday for US memory chipmaker Micron Technology and its workers to negotiate “sincerely” ahead of a possible strike by the company’s union in Taiwan. Last week, a…
By Ankur Banerjee and Tom Westbrook SINGAPORE, Oct 15 (Reuters) – A rude awakening over the debt-fuelled AI binge has sent investors rushing out of stocks and into government bonds, which now seem to be reclaiming their status as a safe haven and a hedge…
By Maria Martinez BANGKOK, Oct 15 (Reuters) – German Finance Minister Lars Klingbeil said on Thursday his country’s support for Ukraine was clear but came with expectations for political reforms. “Our support for Ukraine is clear. There is no wavering on that. But there are…
