Author: Press Room

Alexa is the voice-assistant technology that powers Amazon Echo devices. Alexa once led the sector but has been losing market share to competitors. In the future, Alexa may have more ChatGPT-like generative AI features, a leaked document shows. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Voice-assistant technology is revolutionizing the way we interact with our environments. One major player in this space is Amazon Alexa, Amazon’s virtual voice assistant that can answer your questions and help you manage your smart home. Alexa stands shoulder…

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It is becoming an anxious time for UK recruiters. There are signs that activity in the labour market is starting to cool. Employers are struggling to offer inflation-beating pay rises. And many jobseekers are reluctant to commit.“There is not a huge flow of candidates,” says Doug Rode, managing director for the UK and Ireland at PageGroup, one of the UK’s biggest recruitment companies. “Vacancies have been harder to fill.”He points to trends highlighted by recent research from consultancy Gartner, which found that more than a third of job hunters had received four or more offers during their last job search.…

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© Reuters. FILE PHOTO: A cyclist passes the Federal Reserve building in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo/File Photo LONDON (Reuters) – Next week will have plenty to keep financial market traders and investors busy, including whether the Federal Reserve really has hit peak rates, another possible rate rise in Australia, a batch of European bank earnings and the continuing conflict in Gaza. Here’s your week-ahead primer from Marc Jones and Dhara Ranasinghe in London, Kevin Buckland in Tokyo, Tom Westbrook in Singapore and Lewis Krauskopf in New York. 1/GRAND PLANS Having marched interest rates all the…

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© Reuters. FILE PHOTO: A staffer works on a magnetic resonance imaging machine at a production line of Siemens Healthineers in Shenzhen, China May 25, 2018. REUTERS/Bobby Yip/File Photo MUNICH/FRANKFURT (Reuters) – German medical equipment maker Siemens Healthineers is in the early stages of weighing options for its diagnostics business, which has little overlap with other units, a person familiar with the situation told Reuters. Shares rose by almost 4% to a three-month high of 49.12 euros in early trade on Friday. The review could lead to a sale of the unit but all options remain open, the source said.…

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© Reuters. The Chicago Mercantile Exchange (CME) observed considerable shifts in foreign money futures trading on Friday. The currencies involved included the British Pound, Canadian Dollar, Euro Futures, Japanese Yen, Swiss Franc, Australian Dollar, and Mexican Peso. Remarkable open interest changes were reported in the British Pound (up by 691), Canadian Dollar (up by 7,920), and Euro Futures (up by 3,069). The Japanese Yen saw high estimated sales of 207,237 while the Swiss Franc recorded lower sales of 24,091. Open interests for the Australian Dollar and Mexican Peso were noted at 193,744 and 203,594 respectively. In commodity futures, wheat for…

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Democratic lawmakers introduced a sweeping legislative package Thursday to address deteriorating conditions in Wisconsin prisons as a chronic staffing shortage has led to months-long lockdowns and a federal lawsuit.The state’s perennially overcrowded prison system has been grappling with a lack of staffing that has only grown worse in recent years. The state’s adult institutions are currently dealing with an overall 32.3% vacancy rate, according to the state Department of Corrections.”We are here today because conditions are dire in our institutions,” Rep. Ryan Clancy of Milwaukee said at a news conference. “This package is a crime reduction package. When we are…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Recruitment companies are turning to generative artificial intelligence to identify candidates and boost efficiencies as the jobs market begins to cool.“Talent markets have been tight for a while, meaning companies struggle to find humans for open jobs,” says Tomas Chamorro-Premuzic, chief innovation officer at global recruiter ManpowerGroup, professor of business psychology and expert in hiring technologies. “AI is massively helpful here: it enables recruiters to look at talent in wider, broader, more unusual places, scraping and scanning through millions of applications.”Efforts to…

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© Reuters. FILE PHOTO: A crane lifts a shipping container at the HHLA Container Terminal Altenwerder on the River Elbe in Hamburg, Germany, March 31, 2023. REUTERS/Phil Noble/File Photo BERLIN (Reuters) -German exports fell more than expected on the month in September, federal statistics office data showed on Friday, as weak global demand hurt exports. German exports fell 2.4% in September from the previous month. The result compared with a forecast 1.1% decline in a LSEG poll. “Trade is no longer the strong resilient growth driver of the German economy that it used to be, but rather a drag,” said…

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