If AI is a bubble, the economy will pop with it
LONDON, Oct 1 (Reuters) – The old truism that the stock market is not the economy risks underplaying…
Oil takes a breather with OPEC+ output hike, US government shutdown in focus
OPEC+ may raise output by up to 500,000 bpd in November, sources sayU.S. crude stocks down 3.67 mln…
Oil settles lower as investors brace for possible OPEC+ output hike
OPEC+ plans larger increase to output in November, sources sayIraq’s Kurdistan crude oil flows via Turkey resumeNetanyahu supports…
ECB’s Nagel urges Europe to back Fed’s independence against Trump
Nagel urges Europe to support Fed’s independence amid Trump’s attacksTrump’s actions seen as undermining democracy and joint values,…
Trump warns Democrats of ‘irreversible’ actions in government shutdown
Senate vote on temporary spending bill expected to fail againDemocrats push for health benefits extension amid shutdown threatTrump…
French central bank says losses peaked in 2024, should ease here on out
PARIS, March 19 (Reuters) – France’s central bank reported on Wednesday a fresh loss for 2024, but said…
US and UK set up crypto and capital markets taskforce
The UK and US governments have set up a transatlantic taskforce to explore collaboration on digital assets. Editorial…
Portugal’s Sibs to buy Polish payments firm ITCard
Portuguese payments processor Sibs is expanding its presence in central Europe through the acquisition of Poland’s ITCard. Financial…
Bank of England and Accenture deliver on RTGS renewal programme
The Bank of England and Accenture have rebuilt and modernised a core component of the payments infrastructure in…
Caixabank enables Apple Pay installment payments in Spain
CaixaBank Payments & Consumer, a specialist consumer financing and payment methods subsidiary, tackles card payments in the Iberian…
Diebold Nixdorf joins digital euro innovation platform
Diebold Nixdorf is working with the European Central Bank to integrate its payment processing technology with the digital…
What SoftBank’s PayPay IPO float means for embedded finance in Japan
Last week
Reuters reported that SoftBank has picked investment banks Goldman Sachs, JP Morgan Chase, Mizuho and…