By Brendan O’Boyle and Isabel Woodford MEXICO CITY (Reuters) -The Bank of Mexico maintained its benchmark interest at 11.25% on Thursday for the second time, signaling it will hold the rate “for an extended period” as inflation in Latin America’s second largest economy slows but remains above the bank’s target. The unanimous decision by …
Banxico keeps interest rate at 11.25%, will hold for ‘extended period’ Read More »
WASHINGTON (Reuters) – A U.S. agency will launch a public working group on generative artificial intelligence (AI) to help address the new technology’s opportunities while developing guidance to confront its risks, the Commerce Department said on Thursday. The National Institute of Standards and Technology (NIST), a nonregulatory agency that is part of the Commerce Department, …
US to launch working group on generative AI, address its risks Read More »
Por Nelson Bocanegra BOGOTÁ, 22 jun (Reuters) – La mayoría de mercados de monedas y acciones de América Latina cerraron el jueves con caídas, mientras los gestores de activos digerían los mensajes de los funcionarios de la Reserva Federal estadounidense. * Una excepción se dio en el peso colombiano, que se fortaleció un 0,72% a …
By Stephen Nellis Microsoft Corp on Wednesday introduced a new computing service aimed at helping chemical companies speed up the research and development of new materials. Azure Quantum Elements, as the service is called, relies on computing power to help chemical companies simulate huge numbers of possible combinations of atoms. The point is to use …
Microsoft says new computing service for chemicals can slash R&D time Read More »
By Huw Jones LONDON (Reuters) – Tougher accounting rules may be needed that force companies to write down goodwill faster and stop “overly optimistic” calculations, a global securities watchdog said on Thursday. Goodwill refers to the premium a company has paid for another company, above the net value of its assets. It has to be …
Global watchdog seeks action on ‘too little, too late’ corporate goodwill writedown Read More »
By Noe Torres MEXICO CITY (Reuters) – Mexico’s peso currency has reached its highest value versus the U.S. dollar in seven years, as the president celebrates its strength but analysts warn of harmful side effects on exports and remittances. The Mexican peso is among the top-performing currencies this year with a 12% surge against the …
Mexico’s ‘super peso’ keeps gaining, but exports will likely suffer Read More »
At least 209 Pakistanis were on an overloaded boat that capsized and sank in open seas off Greece last week, according to data shared with Reuters on Thursday by a Pakistani investigative agency. The figure of 209 is based on information provided by families who came forward to say a relative of theirs had boarded …
At least 209 Pakistanis were on board migrant boat that sank off Greece, data suggests Read More »
Por Carolina Pulice 22 jun (Reuters) – La minorista brasileña Americanas SA se está apresurando por finalizar su estado de resultados del cuarto trimestre, al tiempo que redobla los esfuerzos para que los acreedores se sumen a un plan de reestructuración por quiebra, según fuentes ceccanas al asunto. Americanas, que se declaró en quiebra en …
Brasileña Americanas se apresura a entregar resultados y lograr acuerdo con acreedores Read More »
BENGALURU (Reuters) -India’s market regulator said on Thursday it had barred Eros Group Managing Director Sunil Arjan Lulla and three of the media company’s entities from the securities market, citing accounting irregularities at the firm. In an interim order, the Securities and Exchange Board of India (SEBI) said it had found prima facie evidence that …
India’s market regulator bars Eros Group entities, MD Lulla from securities market Read More »
(Reuters) – Meta Platforms’ Oversight Board has asked the social media firm to evaluate efforts to prevent promotion of political violence on its platforms, after it allowed a video calling for violence post the 2022 Brazilian election to stay online. The board said on Thursday that Meta’s original decision to leave up the Facebook video, …
Meta’s Oversight Board asks Facebook owner to evaluate election integrity efforts Read More »
