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First-quarter flows to tech stocks third largest on record – BofA

LONDON (Reuters) - Tech stocks saw inflows of $18.6 billion in the first quarter of the year, the third largest quarterly inflow on record, and also attracted funds in the past week, along with large

AI seen cutting worker numbers, survey by staffing company Adecco shows

By John Revill ZURICH (Reuters) - Artificial intelligence will lead to many companies employing fewer people in the next five years, staffing provider Adecco Group said on Friday, in a new survey

SoftwareOne says all proxy advisors now against replacement of board

(Corrects to make clear that Ethos, Glass Lewis and Inrate are proxy advisors, not shareholders, in paragraph 2) (Reuters) -All proxy advisors now oppose the complete replacement of Swiss IT firm

Tencent’s next level up: fewer big foreign franchise games, more in-house

(Corrects time period in paragraph 24 to "in January" from "last month" and Undawn's revenue data from Appmagic to $288,000 from $287,000, adds global revenue for January) By Josh Ye HONG KONG (

South Korea’s Hanwha Aerospace to spin off industrial solutions businesses from defence

By Joyce Lee SEOUL (Reuters) -South Korea's Hanwha Aerospace said on Friday it will spin off its semiconductor equipment and video surveillance businesses, carving out units that contributed about 16%

Hanwha Aerospace to spin off industrial solutions businesses from defence

By Jack Kim and Joyce Lee SEOUL (Reuters) -South Korea's Hanwha Aerospace Co said on Friday it will spin off its industrial solutions and semiconductor equipment businesses from its flagship defence

Samsung flags 931% rise in first-quarter profit as chip prices recover

SEOUL (Reuters) -Samsung Electronics estimated on Friday a more than 10-fold rise in its first-quarter operating profit, as rebounding semiconductor prices lifted earnings from a low base a year ago

Samsung flags 10-fold rise in first-quarter profit as chip prices recover

SEOUL (Reuters) -Samsung Electronics estimated on Friday a more than 10-fold rise in its first-quarter operating profit, as rebounding semiconductor prices lifted earnings from a low base a year ago

Hanwha Aerospace to spin off semiconductor equipment unit

SEOUL (Reuters) - South Korea's Hanwha Aerospace Co said on Friday it will spin off its industrial solutions and semiconductor equipment businesses from its flagship defence division. (Reporting by

New York City defends AI chatbot that advised entrepreneurs to break laws

By Jonathan Allen NEW YORK (Reuters) - New York City Mayor Eric Adams is defending the city's new artificial intelligence chatbot that has been caught in recent days giving business owners wrong

On Camera

Influencer is a real job. They are shaking up the internet

The reach and impact of influencers are so significant that even politicians such as Prime Minister Narendra Modi have recognised their value—the National Creators Award is proof.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

India, Oman hold 5th annual high-level meeting to boost maritime security

Both the governments expressed their commitment to strengthening their maritime cooperation to strengthen the maritime safety and security framework in the region.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.