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FMC Slashes Q2, FY23 Revenue Outlook

Agricultural sciences company FMC Corp. (FMC) on Monday slashed its revenue guidance for the second quarter and full-year 2023, driven by substantially lower-than-expected volumes due to an abrupt and significant reduction in inventory by channel partners in North America, Latin America and EMEA.
RTTNews | vor 772 Tagen
Meta, OpenAI Sued For Alleged Copyright Infringement

Meta, OpenAI Sued For Alleged Copyright Infringement

AI chatbot creators Meta Platforms and OpenAI have been sued by comedian Sarah Silverman and two authors alleging copyright infringement for use of their content without permission to train artificial intelligence language model. In the proposed class action lawsuits filed in San Francisco federal court, Silverman, Richard Kadrey and Christopher Golden allege the companies used information from...
RTTNews | vor 772 Tagen
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Australian Dollar Falls On Disappointing China Data

Australian Dollar Falls On Disappointing China Data

The Australian dollar weakened against other major currencies in the European session on Monday, as traders' sentiment dropped following some weaker-than-expected economic data out of China.
RTTNews | vor 772 Tagen
DAX Edges Higher On China Stimulus Hopes

DAX Edges Higher On China Stimulus Hopes

German stocks edged up slightly on Monday after data showed Chinese consumer price inflation remained flat in June and producer prices fell the most since December 2015, adding to the case for policymakers to launch more stimulus.
RTTNews | vor 772 Tagen
Asian Shares Mixed After China Inflation Data

Asian Shares Mixed After China Inflation Data

Asian stocks ended Monday's session on a mixed note after data showed China's economy teetered on the brink of deflation in June, adding to the case for policymakers to launch more stimulus to boost growth.
RTTNews | vor 772 Tagen

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