LOS ANGELES, Sept 19 Reuters FedEx Corp benefited from misfortunes experienced by rivals UPS and Yellow during its latest quarter as the global delivery firm continued slashing costs to match ongoing softness in global ecommerce demand, according to company officials and financial analysts. Analysts broadly expect Memphisbased FedEx on Wednesday to report higher yearoveryear profit for the fiscal […]

Sept 19 Reuters Alphabet Inc39;s Google said on Tuesday that Bard, its generative artificial intelligence, will have the ability to factcheck its answers and analyze users39; personal Google data as the tech giant scrambles to catch up to ChatGPT in popularity. The release last year of ChatGPT, a chatbot from Microsoftbacked OpenAI, sparked a race in the […]

SAN FRANCISCO, Sept 19 Reuters Some workers within Amazons oncestoried hardware division responsible for popular devices like the Kindle reader and Echo voiceassistant say morale within the division has suffered amid staff cutbacks and a pipeline of devices in development that they fear are unlikely to prove hits. The division, known as Lab126, was a focus […]

BANGKOKJAKARTA, Sept 19 Reuters China39;s electric vehicle giant BYD has been on a tear in Southeast Asia, shooting past rivals including Tesla to take more than a quarter of the share of EVs sold in the region. Along with attractive prices, BYD39;s early success is based on a pattern of distribution partnerships with large, local conglomerates that […]

HONG KONG, Sept 19 Reuters Embattled Chinese developer Country Garden has won approval from creditors to extend repayment on another onshore bond, the last in the batch of eight bonds it has been seeking extensions for, two sources familiar with the matter said. The 492 million yuan 67 million onshore bond was issued by a subsidiary […]