Doing, not just chatting, is the next stage of the AI hype cycle
OpenAI’s ChatGPT is simple enough to use: You type in a request and get a response that may be helpful and sounds convincingly human.
Oil Little Changed as Demand Worries Spur Caution
U.S. crude stockpiles rise 3.6 mln bbl API U.S. EIA inventory data due at 1430 GMT Reuters poll forecast 900,000 bbl U.S. crude drawdown TOKYO, May 17 Reuters Oil prices were little changed on Wednesday as traders remained cautious after a surprise rise in U.S. crude inventories stoked demand concerns on the heels of weakerthanexpected […]
Hong Kong Disneyland Revenue Jumps 31 as Domestic Visitors Hit Record
May 15 Reuters Hong Kong Disneyland Resort HKDL said on Monday its 2022 revenue jumped 31 as the number of domestic visitors to its attractions hit a record, helping the company shrug off the effects of pandemicrelated restrictions. Revenue for the 52week year ended on Oct. 1, 2022 grew to HK2.2 billion 280.29 million, with the […]
Indias Bharti Airtel Misses Q4 Revenue Estimates on Soft 4G User Growth
BENGALURU, May 16 Reuters Bharti Airtel Ltd, India39;s No. 2 telecom carrier by subscribers, on Tuesday reported fourthquarter revenue that fell short of analysts39; expectations, as 4G user growth and peruser revenue stagnated. The company39;s consolidated revenue from operations rose to 360.09 billion rupees 4.40 billion for the quarter ended March 31, from 315 billion […]
Pfizers India Unit Posts 3 Rise in Q4 Profit
BENGALURU, May 15 Reuters Pfizer Ltd, the Indian unit of U.S. pharmaceutical group Pfizer Inc, on Monday reported a 3.1 rise in fourthquarter profit, helped by lower raw material expenses. Net profit for the quarter ended March 31 rose to 1.30 billion rupees 15.90 million from 1.26 billion rupees a year ago, while revenue rose […]
Vodafone CEO says Three UK Deal to Take as Long as it Takes
Vodafone CEO says CK Hutchison talks 39;progressing39; Hutchison said last week concluding deal 39;difficult39; LONDON, May 16 Reuters Vodafone39;s CEO said a longawaited 15 billion pound 19 billion plan to merge its British business with CK Hutchison39;s Three UK mobile network is progressing but is not there yet, dampening hopes of a deal being imminent. The […]
UBS Flags 17 Billion Hit from Credit Suisse Takeover
May 16 Reuters UBS Group AG expects a financial hit of about 17 billion from the takeover of Credit Suisse Group AG, the bank said in a presentation early on Wednesday as it prepares to complete the rescue of its struggling Swiss rival. UBS estimates a negative impact of 13 billion from fair value adjustments of […]
Credit Suisse Faces Restrictions on Business Till Deal Closure
Reuters Credit Suisse Group AG faces certain restrictions in its ability to do business until its acquisition by rival UBS Group AG is completed, according to a regulatory filing on Tuesday. In certain cases, without prior UBS approval, Credit Suisse cannot grant a new credit facility or credit line in an amount exceeding 100 million Swiss […]
Asian Hedge Funds Piled to China Education, U.S. AI Shares in Q1
HONG KONG, May 16 Reuters Large Asian hedge funds added Chinese education companies to their portfolios in the first quarter of 2023, and bought stocks in U.S. tech giants expected to benefit from ChatGPT and other artificial intelligence systems, regulatory filings showed. Investors poured money into private tutoring leaders, including New Oriental and TAL Education, […]
Chinas April Oil Refinery Throughput Rises 18.9 from a Year Ago
Throughput jumps to 14.87 mln bpd Domestic crude output up 1.4 year on year Domestic natural gas output up 7 year on year BEIJING, May 16 Reuters China39;s oil refinery throughput in April rose 18.9 from a year earlier to the secondhighest level on record, data showed on Tuesday, as refiners maintained high runs to […]