Harvey Weinstein’s 2020 rape conviction overturned by New York appeals court
Weinstein, 72, has been serving a 23-year sentence in a New York prison following his conviction on charges of criminal sex act.
Dow drops more than 700 points on inflation and growth concerns, heads for biggest drop of the year: Live updates
Stocks fell sharply Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
Japan’s Toyota Motor will pair up with China’s Tencent while Nissan will team up with Baidu, the companies said on Thursday.
Inflation, operating costs had the biggest impact on Asian firms last year, survey shows
Higher costs had the biggest impact on Asian businesses in 2023, even as they grappled with a global slowdown and rising interest rates, a survey by UOB showed.
BHP makes $39 billion bid for Anglo American in mining mega play
Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the company at £31.1 billion ($38.9 billion).
Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
AI startup Synthesia on Thursday announced the launch of its “Expressive Avatars,” AI-generated digital avatars that can convey human emotions.
Barclays shares up 6% as bank swings back to profit in first quarter amid strategic overhaul
Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.
Xpeng’s Gu says robotaxis won’t be a real business for at least five years
Xpeng, a China-based electric car startup that is also selling in Europe, has made driver-assist software one of its selling points.
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.
Japanese yen hits fresh 34-year low despite verbal intervention from authorities
The yen slipped past 155 against the U.S. dollar on Wednesday, touching a new 34-year low against continued strength in the greenback.
