A look at the day ahead in U.S. and global markets from Mike Dolan Global investors seem keen to put the March bank shock behind them, but inflation’s grim persistence makes it difficult to clear the horizon. The final day of the month and first quarter – and the approach of Easter breaks in parts …
PEKÍN, 31 mar (Reuters) – El presidente del Gobierno español, Pedro Sánchez, afirmó el viernes que su país quiere una “relación equilibrada” con China, poco después de reunirse con el presidente Xi Jinping. “España desea impulsar una relación equilibrada, respetuosa del principio de reciprocidad, de la que nos beneficiamos los dos países”, dijo Sánchez en …
Pedro Sánchez dice que España quiere una ‘relación equilibrada’ con China Read More »
LONDON (Reuters) -Centrica’s British Gas, Scottish Power and E.ON on Friday lost a court challenge over the British government’s handling of the sale of collapsed energy firm Bulb. In December Octopus Energy took over the supplier, which collapsed in 2021, when the government said it would provide up to 4.5 billion pounds ($5.4 billion) to …
Energy firms lose UK legal challenge over sale of collapsed rival Bulb Read More »
By Francesco Canepa FRANKFURT (Reuters) -Inflation in the euro zone dropped by the most on record in March but “core” price growth accelerated, which is likely to strengthen the case for more interest rate hikes by the European Central Bank. After a record streak of rate rises, the ECB has refrained from committing to more, …
Stubborn inflation keeps ECB on course for more rate hikes Read More »
(Reuters) -Bed Bath & Beyond Inc on Thursday announced plans to sell $300 million worth of its shares as the struggling retailer looks to raise more capital, and once again warned it might have to file for bankruptcy if it cannot secure the funds. Shares of the company fell as much as 19% to a …
Bed Bath & Beyond plans to sell $300 million in stock, warns again of bankruptcy Read More »
By Gopal Sharma KATHMANDU (Reuters) – Nepal’s Prime Minister Pushpa Kamal Dahal on Friday named centrist politician and economic expert Prakash Sharan Mahat as finance minister, a presidential statement said, as the country tackles falling revenue collection and high interest rates. Mahat has previously served in the foreign and energy ministries and is a member …
Nepal PM names new finance minister amid economic woes Read More »
By James Davey and Sinchita Mitra (Reuters) -British online supermarket and technology group Ocado on Thursday won a high court legal action brought by Norwegian robotics firm AutoStore after the judge dismissed its patent infringement claims. The two pioneers in warehouse storage technology are facing off in multiple jurisdictions around the world to protect their …
Ocado defeats AutoStore in London high court patent feud Read More »
(Reuters) -Meta Platforms Inc said on Thursday it would change the legal basis on how Facebook and Instagram use personal data to target advertising in the European Union, after the bloc’s privacy regulator fined it for alleged breaches in January. The move, Meta said, will give EU users more options around how their data is …
Meta to give EU users more options for data handling Read More »
By Diane Bartz WASHINGTON (Reuters) -The tech ethics group Center for Artificial Intelligence and Digital Policy is asking the U.S. Federal Trade Commission to stop OpenAI from issuing new commercial releases of GPT-4, which has wowed some users and caused distress for others with its quick and human-like responses to queries. In a complaint to …
U.S. advocacy group asks FTC to stop new OpenAI GPT releases Read More »
By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s manufacturing activity expanded at a slower pace in March, official data showed on Friday, raising doubts about the strength of a post-COVID factory recovery amid weaker global demand and a property market downturn. The services sector was stronger, with activity expanding at the fastest pace …
Slower China factory activity growth challenges economic recovery prospects Read More »
