Business – Page 169 – Freedom 96.9

Asian shares are mixed following Wall Street losses as US Treasury’s moves fail to calm markets

Friday, August 21 by SRN News

HONG KONG (AP) - Asian shares were mixed on Friday following a retreat on Wall Street as a U.S. Treasury Department plan to boost its government debt buybacks had only limited capacity to calm markets. U.S. futures edged higher. Japan's Nikkei 225 fell 0.2% to 66,080.25.... Read More.

Schools are starting to teach AI literacy. For many, that means helping kids see chatbots’ flaws

Thursday, August 20 by SRN News

NORTH CHARLESTON, S.C. (AP) - Artificial intelligence chatbots have become the bane of teachers everywhere, but to prepare for the new school year, a group of educators in Charleston, South Carolina, packed into a high school auditorium and talked about inviting AI into the... Read More.

Asia shares downbeat on the week as bond yields, oil stay high

Thursday, August 20 by SRN News

By Wayne Cole SYDNEY, Aug 21 (Reuters) - Most Asian share indices were heading for weekly falls on Friday as stress in global bond markets showed little sign of abating, while a diplomatic deadlock in the Gulf lifted oil prices to one-month highs and kept... Read More.

Gold steadies, heads for third straight weekly gain

Thursday, August 20 by SRN News

Aug 21 (Reuters) - Gold held steady on Friday but was on track for a third straight weekly gain, buoyed by a weaker dollar and U.S. Treasury Department efforts to hold down longer-term yields. FUNDAMENTALS * Spot gold was little changed at $4,514.23 per ounce, as... Read More.

From euphoria to despair, Korea reckons with stock mania’s emotional toll

Thursday, August 20 by SRN News

By Cynthia Kim, Jihoon Lee and Yena Park SEOUL, Aug 21 (Reuters) - It was a vision to give South Korea a stock market that reflected its true economic dynamism, by shedding regulatory taboos and encouraging bolder bets - instead, it created an investor trauma... Read More.

Dollar wobbles as investors balk at US Treasury’s rescue efforts

Thursday, August 20 by SRN News

By Rae Wee SINGAPORE, Aug 21 (Reuters) - The dollar was on shaky ground and set for a weekly loss on Friday, as investors viewed the U.S. Treasury's bond buyback gambit as merely a temporary fix, while raising fresh concerns about officials' increasingly interventionist approach. U.S.... Read More.

Guzman y Gomez posts 30% profit jump on Australia sales growth

Thursday, August 20 by SRN News

Aug 21 (Reuters) - Mexican-themed fast-food chain Guzman y Gomez reported a roughly 30% jump in annual profit on Friday, helped by higher network sales in Australia, sending its shares to their highest level in nearly one year. Network sales in the Australia segment, which... Read More.

Oil set for second weekly rise as unsettled US-Iran war crimps supply

Thursday, August 20 by SRN News

SINGAPORE, Aug 21 (Reuters) - Oil prices were little changed on Friday, but were on track for a second weekly rise as the stalemated U.S.-Iran war continues to disrupt supply from the key Middle East producing region. Brent crude futures rose 4 cents to $93.82... Read More.

Australia investigates fourth close call at Sydney airport in less than a month

Thursday, August 20 by SRN News

By Alasdair Pal SYDNEY, Aug 21 (Reuters) - Australia's transport safety regulator said on Friday it had launched an investigation into a fourth incident involving air traffic control at Sydney airport in less than a month after two planes were directed towards the same intersection... Read More.

Hyundai Motor’s union stages first full strike in 10 years over wage talks

Thursday, August 20 by SRN News

SEOUL, Aug 21 (Reuters) - Hyundai Motor's South Korean union staged its first full strike in a decade on Friday after wage talks stalled, as it seeks a higher retirement age and job protections against artificial intelligence and automation. Striking workers at Hyundai Motor,... Read More.

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