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ECB’s Kazimir shifts focus to gas prices, sees upside inflation risk
6+ hour, 52+ min ago (336+ words) FRANKFURT, Sept 14 (Reuters) – Euro zone inflation could turn out higher than already elevated projections and the development of natural gas and power prices is becoming a key concern, European Central Bank policymaker Peter Kazimir said on Monday. The ECB raised…...
AI-linked Asian stocks slump after top lab CEOs call for slowing down technology’s development
10+ hour, 30+ min ago (446+ words) SINGAPORE, Sept 14 (Reuters) – AI-connected stocks fell sharply in early Asian trading on Monday after the CEOs of the companies developing the most advanced AI models warned the pace of development must slow to prevent threats to humanity. Anthropic CEO Dario…...
Dollar steady, yen near 7-month high ahead of Fed, BOJ meetings
14+ hour, 27+ min ago (641+ words) SINGAPORE, Sept 14 (Reuters) – The dollar was steady on Monday, with the yen holding on to its recent sharp gains and hovering near a seven-month high as investors pondered possible rate hikes from the Federal Reserve and Bank of Japan in…...
S&P Dow Jones Indices loosens Canadian index inclusion criteria
22+ hour, 58+ min ago (242+ words) TORONTO, Sept 13 (Reuters) – S&P Dow Jones Indices (S&P DJI) said on Friday it will change the eligibility criteria for S&P/TSX Canadian Indices, with the move potentially opening the door to the inclusion of major copper producer…...
Russia hits truck near Polish border in latest strike near NATO
1+ day, 4+ hour ago (520+ words) KYIV/MOSCOW Sept 13 (Reuters) – Russia attacked a truck near Ukraine’s border with Poland, Polish and Ukrainian officials said on Sunday, the latest strike to hit areas near NATO as Moscow and Kyiv intensify their long-distance strikes to try to shift…...
Russian nuclear head says Ukraine attacked fuel trucks, endangered Zaporizhzhia plant
1+ day, 7+ hour ago (298+ words) Sept 13 (Reuters) – The head of Russia’s state nuclear energy corporation accused Ukraine on Sunday of attacking diesel fuel trucks, killing two Russian servicemen and deliberately jeopardising safety at the Russian-held Zaporizhzhia nuclear power plant in Ukraine. Alexei Likhachev said the…...
Swedes vote in election that could usher far right into government
1+ day, 14+ hour ago (584+ words) By Simon Johnson and Niklas Pollard STOCKHOLM, Sept 13 (Reuters) – Swedes vote in an election on Sunday that will either bring a far-right party into government for the first time or shift the country back towards the liberalism it has long…...
JPMorgan cut off Situational Awareness lending after AI losses, FT reports
2+ day, 17+ hour ago (87+ words) Sept 11 (Reuters) - JPMorgan Chase cut off its lending activity for Leopold Aschenbrenner's hedge fund Situational Awareness after large losses tied to his AI bets, the Financial Times reported on Friday. (Reporting by Utkarsh Shetti... JPMorgan cut off Situational Awareness lending…...
Zara owner Inditex looks to US for next phase of growth
3+ day, 8+ hour ago (567+ words) LONDON, Sept 11 (Reuters) – Fast fashion giant Inditex is investing in the United States as a key growth market, CEO Oscar Garcia Maceiras told Reuters, as the Zara owner opens new stores and revamps existing outlets to woo more aspirational shoppers....
France’s economy not a catastrophe but deficit must be reduced, France’s Moulin says
3+ day, 8+ hour ago (139+ words) PARIS, Sept 11 (Reuters) – Emmanuel Moulin, France’s central bank chief, said on Friday that France was not in catastrophic economic danger but the government must act to reduce the country’s public deficit. Moulin, speaking to RTL radio, was speaking after INSEE…...