Oct 21 (Reuters) - IBM ( IBM ) released the latest version of its artificial intelligence models catered towards businesses on Monday, looking to capitalize on the surge in enterprises adopting generative AI technology. Granite 3.0 models will be made open-source, similar to other versions in IBM's ( IBM ) Granite family of AI models. This approach differs from rivals...

LONDON (Reuters) - The punishing post-COVID wave of sovereign defaults has finally crested, with the likes of Ghana, Sri Lanka and Zambia concluding years of painful debt reworks. But the International Monetary Fund and others worry that a dangerous liquidity shortfall could take its place in many emerging economies - setting back development, stunting climate change mitigation and fuelling distrust...

BEIJING/SINGAPORE (Reuters) -Chinese steelmakers, already exporting at near-decade high volumes, are set to keep pushing out shipments in 2025 to manage overcapacity and soft domestic demand, industry insiders and analysts say, threatening to worsen mounting trade frictions. As local consumption remains suppressed by a weakened property sector, this year the world's dominant producer of the alloy is on track to...

ZURICH, Oct 21 (Reuters) - UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank's 50% stake in credit card provider Swisscard. UBS will sell its 50% holding in the company to its joint venture partner American Express ( AXP ), Swisscard said in a statement. Terms of the...