(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…
Fed’s Mester cheered by CPI, but says big risks remain on inflation
By Michael S. Derby (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said Thursday that while there are…
European stocks scale 11-week high after soft U.S. inflation data
By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares clocked an 11-week closing high on Thursday as a slower-than-expected rise…
Juul secures investment, to lay off 400 workers to stay in business
(Reuters) -Juul Labs Inc said on Thursday it had secured an investment from some of its early investors and will…