04:05 AM EDT, 07/03/2024 (MT Newswires) -- Royal Philips (PHG) said Wednesday it appointed Ling Liu as chief region leader for Greater China, effective immediately. Liu most recently served as chief commercial officer for Greater China and succeeds Andy Ho, who has decided to retire. Price: 25.28, Change: -0.01, Percent Change: -0.04 ...

SEOUL (Reuters) -South Korea's financial regulator imposed record high fines on two subsidiaries of the former Credit Suisse group for stock short-selling violations, the regulator said on Wednesday. The Financial Services Commission (FSC) decided to impose fines of 16.9 billion won ($12.17 million) and 10.2 billion won on Credit Suisse AG, currently UBS AG, and Credit Suisse Singapore Ltd, respectively,...

GENEVA (Reuters) - China is far ahead of other countries in generative AI inventions like chatbots, filing six times more patents than its closest rival the United States, U.N. data showed on Wednesday. Generative AI, which produces text, images, computer code and even music from existing information, is exploding with more than 50,000 patent applications filed in the past decade,...

BRUSSELS (Reuters) - EU countries are wavering over whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels' challenge in building support for its largest trade case yet as Beijing threatens wide-ranging retaliation. Germany, whose carmakers made a third of their sales last year in China, wants to stop the tariffs, according to a government source, while France has...