Largest European pension fund ABP cut back US Treasury holdings last year
LONDON, Jan 23 (Reuters) – The value of the U.S. Treasuries held by Dutch pension fund ABP, Europe’s…
UK businesses report post-budget bounce
UK composite PMI rises to highest since April 2024 Services leads upturn but manufacturing grows too Data adds…
Surprise UK retail sales rise adds to signs of pickup in economy
UK retail sales rise 0.4% in December Economists had expected 0.1% fall Data adds to early signs of…
Europe commits to wind energy expansion despite Trump criticism, draft shows
Item 1 of 2 An aerial view shows wind turbines at the Saint-Nazaire offshore wind farm, off the…
Intel struggles to meet AI data center demand, shares drop 13%
CEO Tan focuses on cost-cutting and new product road map Intel’s new manufacturing tech faces yield challenges, affecting…
US consumer spending increases solidly in October and November
WASHINGTON, Jan 22 (Reuters) – U.S. consumer spending increased solidly in November and October, likely keeping the economy…
JPMorgan buys UK pensions technology firm WealthOS, memo shows
Jan 22 (Reuters) – U.S. banking giant JPMorgan Chase (JPM.N), opens new tab has closed a deal to…
China’s Africa lending nearly halved in 2024, shifts to yuan
Six African projects funded in 2024, including in Kenya and Egypt Yuan loans replace dollar in China’s Africa…
US set to quit World Health Organization
US owes WHO $260 million in fees WHO faces budget crisis, staff cuts linked to US exit Global…
Many patients may keep off lost pounds after stopping a GLP-1, US data suggests
Real-world data suggests weight loss durability post-GLP-1 drug discontinuation Study suggests weight regain may be less common than…
South Korea launches landmark laws to regulate AI, startups warn of compliance burdens
Human oversight required in high-impact AI such as healthcare, nuclear safety Products and services using generative or high-impact…
China issues $13.4 billion of treasury bonds to support equipment upgrades
BEIJING, Jan 22 (Reuters) – China has issued the first batch of 93.6 billion yuan ($13.44 billion) of…