Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
(Reuters) -Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet’s Google and..
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Dollar weaker on renewed Fed rate cut hopes; yen wobbles
NEW YORK (Reuters) -The dollar index was lower on Monday for a fourth straight session as a softer-than-expected U.S. jobs report last..
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ECB grows more confident about cutting rates, policymakers say
VILNIUS/FRANKFURT (Reuters) -The European Central Bank is growing more confident about cutting interest rates as euro zone inflation c..
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Swedish central bank to cut key rate this week, Reuters poll shows
STOCKHOLM (Reuters) – Sweden’s central bank will cut its key interest rate this week by a quarter percentage point to 3.75..
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Swiss National Bank exploring ways to tokenise financial assets
ZURICH (Reuters) – The Swiss National Bank is examining the best way that financial assets can be digitally tokenised as a way o..
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Sabadell board meets to consider BBVA’s $13 billion offer, sources say
MADRID (Reuters) -Sabadell’s board was meeting on Monday to discuss an all-share offer from larger Spanish bank BBVA that was wo..
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World shares climb on Fed cut bets, China gains; yen weakens
LONDON (Reuters) -U.S. stocks looked to open higher on renewed bets that the Federal Reserve would likely ease interest rates this yea..
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BioNTech says 90% of 2024 revenues will accrue at end of year
FRANKFURT (Reuters) -Germany’s BioNTech, whose COVID-19 vaccine in partnership with Pfizer was widely used during the pandemic, ..
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Shares in Spain’s Indra surge after net profit rises 40%
(Reuters) -Shares in Spanish defence and technology firm Indra surged on Monday after its net profit rose 40% to 61 million euros ($66..
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Westpac raises share buyback by $661 million even as costs and competition bite
(Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 billion ($661 million) and declared a special dividend..
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