Category Archives:
Top Bank of Canada officials speak after rate decision
TORONTO (Reuters) -Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank left its key i...
Apr 12, 2023
Column-Small U.S. banks and businesses make for big problem: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - If small businesses are the bedrock of the U.S. economy, last month's banking shock has given us a pretty good idea of where the epicenter of any looming...
Apr 12, 2023
Russia’s Sberbank CEO names graphics cards as trickiest hardware to replace
By Alexander Marrow (Reuters) - Sberbank, Russia's dominant lender and a leading technology company, is finding graphics cards the trickiest hardware item to replace in the absence of Western provider...
Apr 12, 2023
Louisville to hold vigil as family says shooter had mental health issues
(Reuters) - Louisville will hold a vigil on Wednesday for those who were killed and wounded in this week's shooting at a downtown bank by an employee who his family said suffered from mental health is...
Apr 12, 2023
Bank of Canada says rates may have to remain restrictive for longer
OTTAWA, April 12 (Reuters) - Interest rates in Canada may have to stay restrictive for longer to ensure inflation declines to the Bank of Canada's 2% target, Governor Tiff Macklem said on Wednesday. M...
Apr 12, 2023
EU says Broadcom’s takeover of VMware could hurt competition
BRUSSELS (Reuters) - The European Commission on Wednesday said the proposed $61 billion takeover by U.S. chipmaker Broadcom of cloud computing company VMware could restrict competition in the market f...
Apr 12, 2023
Snap hires Google ad executive to help improve ad performance
By Sheila Dang (Reuters) - Snap Inc, owner of photo messaging app Snapchat, said on Wednesday it has hired a former Google executive to help the tech company improve the performance of its digital ads...
Apr 12, 2023
Factbox-Governments’ efforts to regulate AI tools
(Reuters) - Italy's data protection agency said on Wednesday it would lift its temporary ban on OpenAI's ChatGPT artificial intelligence (AI) technology if the U.S. company complied with data protecti...
Apr 12, 2023
Fed’s Barkin says he’s still waiting for inflation “to crack”
(Reuters) - Inflation may be falling but it is yet to do so at a rate commensurate with inflation falling back to the Fed's 2% goal, Richmond Fed President Thomas Barkin said on Wednesday. "I'm waitin...
Apr 12, 2023
Philippine central bank signals pause in rate hikes in May
MANILA (Reuters) - The Philippines' central bank could pause its interest rate- hiking cycle at its meeting next month due to easing inflation, its governor said on Wednesday. "We are probably pausing...
Apr 12, 2023
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