HONG KONG, March 21 (Reuters) – Screening of British slasher film “Winnie the Pooh: Blood and Honey”, which was due to be released in Hong Kong this week, has been cancelled, its distributor said on Tuesday without giving a reason. VII Pillars Entertainment said on their Facebook page that it was with “great regret” that … Read more
March 20 (Reuters) – U.S. banking stocks rose on Monday and European lenders rebounded from a strong early sell-off after the state-backed takeover of Credit Suisse by UBS Group appeared to wipe out a source of concern for the global banking sector. In a package designed by Swiss regulators on Sunday, UBS Group AG (UBSG.S) … Read more
TAIPEI, March 20 (Reuters) – Former Taiwan President Ma Ying-jeou is “at the disposal of his host” when it comes to meeting senior leaders during a trip to China this month, but he is not expected to travel to Beijing, a senior official said an official in Ma’s office on Monday. Ma will be the … Read more
DUBAI, March 19 (Reuters) – The Iranian government has offered Saudi Arabia three venues for a foreign minister-level meeting, the Iranian foreign minister said on Sunday, citing the latest messages with Riyadh since the countries agreed to restore relations. Iranian Foreign Minister Hossein Amirabdollahian told a press conference in Tehran that his country had agreed … Read more
March 19 (Reuters) – Talks to rescue Credit Suisse (CSGN.S) continued on Sunday as UBS AG (UBSG.S) demanded $6 billion from the Swiss government to cover costs if it were to buy his struggling rival, a person with knowledge of the talks said. Authorities are scrambling to resolve a crisis of confidence in the 167-year-old … Read more
March 18 (Reuters) – Credit Suisse Group AG (CSGN.S) entered a breakthrough weekend after some rivals grew cautious about their dealings with the bank as regulators urged it to strike a deal with its Swiss rival UBS AG (UBSG.S). Dixit Joshi, chief financial officer of Credit Suisse, and his teams will meet this weekend to … Read more
BELGRADE, March 17 (Reuters) – Several thousand people have gathered in Belgrade to protest against a Western-backed deal to normalize relations between Kosovo and Serbia, which they see as recognition of independence of Kosovo. The Serbian constitution considers Kosovo an integral part of its territory, even though it declared independence in 2008 with the support … Read more
March 17 (Reuters) – European Central Bank supervisors see no contagion for eurozone banks following recent turmoil, a source said on Friday, after U.S. lenders threw First Republic Bank (FRC. N) a $30 billion lifeline and levied record amounts from the federal government. Reserve. Major US banks stepped in on Thursday to rescue the San … Read more
Macron pushes through reform without a vote Violence erupts in spontaneous protests Unions plan more strikes and protests The opposition plans a vote of no confidence PARIS, March 17 (Reuters) – French President Emmanuel Macron faced the most serious challenge to his authority on Friday since so-called yellow vest protests after his decision to push … Read more
Ernie’s launch comes as Google and Microsoft step up the AI game Baidu shares fall as CEO gives brief video presentations Analysts say scripted event, pre-recorded videos disappointed Ernie can do math, write poems, generate images and videos BEIJING/HONG KONG, March 16 (Reuters) – China’s Baidu on Thursday unveiled its highly anticipated artificial intelligence-based chatbot … Read more