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Explosion at apartment building in China's Harbin, says state media May 22, 2024 10:01PM

BEIJING (Reuters) - An explosion occurred at a five-story apartment building in China's Harbin, the capital of Heilongjiang province, with no immediate reports of casualties, according to Chinese state media on Thursday morning.

Witnesses told Xinhua news that the explosion happened after 7 a.m. (2300 GMT) at a building located at the intersection between Xiangshun and Gongbin streets in downtown Harbin.

Xinhua said the explosion was at... (continue reading...)


Singapore Airlines shares slip 1.3% after turbulent flight May 22, 2024 09:11PM

SINGAPORE (Reuters) - Singapore Airlines shares fell more than 1% in early trade on Thursday, following a deadly turbulence-hit flight.

One passenger died of a suspected heart attack and dozens were injured after flight Singapore Airlines SQ321 encountered what the airline described as sudden, extreme, turbulence while flying over Myanmar on Tuesday.

Singapore markets were closed for a holiday on Wednesday and resumed trade on Thursday.... (continue reading...)


Dollar hovers near highest in a week after hawkish Fed minutes May 22, 2024 09:08PM

By Kevin Buckland

TOKYO (Reuters) - The dollar hovered near a one-week high on Thursday following its best day this month against its major peers after minutes of the last Federal Reserve meeting revealed a willingness to raise interest rates among some officials.

Sterling remained firm after jumping to a one-month peak following hotter-than-expected inflation, and also drew support from the announcement of a UK parliamentary election for... (continue reading...)


Tesla pushes suppliers to produce parts outside of China and Taiwan, Nikkei reports May 22, 2024 08:59PM

(Reuters) - Tesla has told suppliers for its models sold outside China to start building components and parts outside of both China and Taiwan by as early as next year, Nikkei reported on Thursday.

Suppliers of components such as printed circuit boards, displays and electronics control unit systems have received the request, the newspaper reported, citing six supply chain executives.

(Reporting by Kanjyik Ghosh; Editing by Mrigank Dhaniwala)


Amazon, AI startup Hugging Face pair to use Amazon chips May 22, 2024 08:57PM

By Stephen Nellis

(Reuters) - Amazon.com's cloud unit on Wednesday said it has partnered with artificial intelligence startup Hugging Face to make it easier to run thousands of AI models on Amazon's custom computing chips.

Valued at $4.5 billion, Hugging Face has become a central hub for AI researchers and developers to share chatbots and other AI software and is backed by Amazon, Alphabet's Google and Nvidia, among others. It is the main... (continue reading...)


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