WASHINGTON (Reuters) – European Union Ambassador Stavros Lambrinidis on Thursday said he was very hopeful that negotiations with the United…
Generali sticks to 2024 targets, generates $1 billion per year for M&A
By Gianluca Semeraro MILAN (Reuters) -Leading Italian insurer Generali on Thursday confirmed all targets in its business plan to 2024…
FTX signs deal with Tron to let users swap some assets
(Reuters) – Cryptocurrency exchange FTX has set up an agreement with Justin Sun’s blockchain network Tron that will allow holders…
U.S., EU plan AI roadmap at next trade, technology council meeting on Dec. 5
WASHINGTON (Reuters) – The United States and European Union plan to release a new artificial intelligence roadmap that prioritizes security…
Kenya to cut ‘appetite’ for borrowing, eyes narrower budget deficit
By Duncan Miriri NAIROBI (Reuters) -Kenya’s government is reducing its rate of borrowing, officials said on Thursday, while unveiling a…
U.S. inflation turning the corner as consumer prices rise below expectations
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose less than expected in October, pushing the annual increase below…
Tod’s sales beat forecast as owners weigh de-listing
MILAN (Reuters) -Sales at Italian fashion group Tod’s rose by a bigger-than-expected 16.4% in the first nine months of the…
Amazon reviewing unprofitable business units to cut costs – WSJ
(Reuters) -Amazon.com Inc is undertaking a review of its unprofitable businesses, including the devices unit that houses voice assistant Alexa,…
Benettons and Blackstone secure 62.2% of Atlantia’s shares as bid nears end
MILAN (Reuters) – The Benetton family and U.S. investment fund Blackstone have secured Atlantia shares accounting for 62.2% of its…
Mexico president talks up strong peso, warns of high interest rates
MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador on Thursday said the Mexican peso’s strength is good for the…