BRASILIA (Reuters) – Brazil’s Treasury on Monday presented a proposal for a new fiscal anchor that aims to replace three…
Silicon Valley chip startup Cerebras unveils AI supercomputer
By Jane Lanhee Lee OAKLAND, Calif(Reuters) – Silicon Valley startup Cerebras Systems, known in the industry for its dinner plate-sized…
Walmart, Target results will tell how gloomy holidays could get for retailers
By Aishwarya Venugopal and Uday Sampath Kumar (Reuters) – Walmart and Target results this week are likely to show that…
EV startup Faraday Future signs deal to raise up to $350 million
(Reuters) – Faraday Future Intelligent Electric said on Monday it had signed a deal to raise up to $350 million…
German upper house blocks landmark welfare reform
BERLIN (Reuters) -Germany’s conservative opposition held up a major welfare reform on Monday, setting the scene for a mediation process…
German regulator calls on banks to increase risk provisions
FRANKFURT (Reuters) -The president of Germany’s financial regulator, Mark Branson, on Monday called on banks to increase their risk provisions…
Romanian central bank sees inflation higher, keeping slow approach to rate hikes
BUCHAREST (Reuters) -Romania’s central bank lifted its inflation forecasts for this year and next on Monday as supply-side shocks and…
India’s Oct retail inflation eases to 6.77% y/y
BENGALURU (Reuters) – India’s annual retail inflation eased to 6.77% in October helped by slower rises in food prices and…
China refiners slow down Russian oil purchases as sanctions near – trade
By Muyu Xu and Chen Aizhu SINGAPORE (Reuters) – Chinese refiners are slowing down Russian crude purchases in December and…
ECB policymakers caution against tightening policy too fast
FRANKFURT (Reuters) -The European Central Bank needs to keep raising interest rates but must not move too fast to avoid…