Business

China's 'Lipstick King' confronts slower growth, AI disruption in livestream shopping

China's 'Lipstick King' confronts slower growth, AI disruption in livestream shopping

By Casey Hall and Xihao Jiang SHANGHAI, Sept 24 (Reuters) - For nearly a decade, China's "Lipstick King" has been…

September 24, 2026

SoftBank issues $11.1 billion in bonds in OpenAI financing push

TOKYO, Sept 24 (Reuters) - Technology investor SoftBank Group has issued a total of $11.1 billion in dollar- and euro-denominated…

September 24, 2026

US, China agree to extend trade truce by two months, work on bigger deal, Bessent says

By Andrea Shalal WASHINGTON, Sept 23 (Reuters) - The United States and China have agreed to extend by two months…

September 24, 2026

Wall Street ends down as oil prices, Treasury yields rise

By Noel Randewich Sept 23 (Reuters) - Wall Street ended lower on Wednesday, pulled down by Alphabet and Amazon, as…

September 24, 2026

Ex-Google safety chief warns AI could harm children more than social media did

By Kenrick Cai SAN FRANCISCO, Sept 23 (Reuters) - The founder of the trust and safety team at Alphabet’s Google…

September 24, 2026

US Energy Secretary Wright says diesel export ban won't work

By Nicole Jao NEW YORK, Sept 23 (Reuters) - US Energy Secretary Chris Wright on Wednesday said a US ban on diesel…

September 24, 2026

AI leaders warn UN of security risks as systems grow more powerful

By Michelle Nichols, Courtney Rozen and John Irish UNITED NATIONS, Sept 23 (Reuters) - The world's leading artificial intelligence companies…

September 24, 2026

McDonald's expects inflation to keep traffic flat, shares dip after $8.5 billion capex plan

By Anuja Bharat Mistry and Waylon Cunningham Sept 23 (Reuters) - McDonald's warned on Wednesday that industrywide customer traffic in…

September 24, 2026

AI firms should not get regulatory waivers, Nvidia CEO says on podcast

By Stephen Nellis SAN FRANCISCO, Sept 23 (Reuters) - Nvidia CEO Jensen Huang believes AI firms should not receive exemptions…

September 24, 2026

US open to extending China trade truce, or bigger deal, Bessent says after meeting with He

By Andrea Shalal WASHINGTON, Sept 23 (Reuters) - The United States is open to extending the US-China trade truce that…

September 24, 2026