ECB’s Villeroy: inflation risks warrant keeping policy options open
PARIS, Dec 5 (Reuters) – The European Central Bank needs to keep its policy options open at upcoming…
Morning Bid: ‘Tis the season for macro forecasts
LONDON, December 5 (Reuters) – Everything Mike Dolan and the ROI team are excited to read, watch and…
Exclusive: Baidu’s Kunlunxin, valued at close to $3 billion, eyes Hong Kong IPO, sources say
Dec 5 (Reuters) – Kunlunxin, the AI chip unit of Chinese internet search giant Baidu (9888.HK), opens new…
Africa nears record $1 trillion in state-owned assets under management
LONDON, Dec 1 (Reuters) – African state-owned institutions are now managing a record $1 trillion in assets, according…
Euro zone growth, inflation on benign path, keeping rate cut bets muted
Spanish inflation eases German inflation unexpectedly jumps French, Italian data unchanged German labour market bottoming out Consumer expectations…
Morning Bid: Giving thanks for bad economic news
Nov 26 – What matters in U.S. and global markets today Weaker-than-expected U.S. economic data has upped bets…
World’s central banks are wary of AI and struggling to quit the dollar, survey shows
Central banks cautious about AI risks, survey finds AI mainly used for basic tasks, not core operations Dollar…
Nigeria’s central bank holds key rate, wants inflation to fall further
Monetary Policy Rate stays at 27% Economists had predicted another rate cut Analysts say lower deposit rate signals…
US slashes 36% off Medicare spending on 15 high-priced medicines
Medicare says negotiated prices for 15 drugs to cut spending by 36% New prices to take effect in…
US government pullback from climate science fuels boom for private data firms
Earth intelligence sector revenue to exceed $4.2 billion by 2030 Concerns over data accuracy and access for those…
New AI club to bestow nuclear-like power, says Russian tech boss
Item 1 of 2 Alexander Vedyakhin, First Deputy CEO of Sberbank, speaks during an interview with Reuters at…
World Bank lifts Kenya’s growth forecast on construction sector optimism
NAIROBI, Nov 24 (Reuters) – The World Bank lifted Kenya’s economic growth forecast for this year to almost…