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US economy ‘hangs in the balance’ as debt limit impasse drag on – Yellen
By Andrea Shalal WASHINGTON (Reuters) - The standoff over the federal debt limit is already having dire consequences for the U.S. economy, driving borrowing costs higher and adding to the country's de...
Syndicated Content May 16, 2023
Biden maintains edge over Trump in 2024 US election -Reuters/Ipsos poll
By Jason Lange and James Oliphant WASHINGTON (Reuters) - President Joe Biden continues to hold an edge over potential Republican challengers Donald Trump and Ron DeSantis as the 2024 U.S. presidential...
Syndicated Content May 16, 2023
Exclusive-Glencore’s bid for Teck spurs call for Canada pensions to up domestic equity stake
By Divya Rajagopal TORONTO (Reuters) - Glencore's hostile bid for Teck Resources has galvanized some Canadian institutional investors, who have lobbied the federal government to push the nation's bigg...
Syndicated Content May 16, 2023
Biden, McCarthy to meet as US debt-ceiling talks come down to wire
By David Morgan and Jarrett Renshaw WASHINGTON (Reuters) - Democratic President Joe Biden and top congressional Republican Kevin McCarthy will sit down on Tuesday to try to make progress on a deal to ...
Syndicated Content May 16, 2023
OpenAI chief goes before US Congress to propose licenses for building AI
By Diane Bartz and Jeffrey Dastin WASHINGTON (Reuters) - OpenAI, the startup behind ChatGPT, wants the U.S. to consider mandating licenses for companies to develop powerful artificial intelligence lik...
Syndicated Content May 16, 2023
EU states approve world’s first comprehensive crypto rules
By Huw Jones (Reuters) - European Union states on Tuesday gave the final nod to the world's first comprehensive set of rules to regulate cryptoassets on Tuesday, piling pressure on countries such as B...
Syndicated Content May 16, 2023
Regulators ask Futu and UP Fintech to remove apps in China – sources
SHANGHAI (Reuters) -Online brokerages Futu Holdings Ltd and UP Fintech Holding Ltd will remove their apps in mainland China this week under the guidance of Chinese regulators, three sources told Reute...
Syndicated Content May 16, 2023
Japan approves energy firms’ household power price hike
TOKYO (Reuters) - Japan's government on Tuesday has approved an increase in household electricity rates of made by seven major utilities after delays in examining their requests as the government soug...
Syndicated Content May 16, 2023
WHO warns against bias, misinformation in using AI in healthcare
(Reuters) - The World Health Organization called for caution on Tuesday in using artificial intelligence for public healthcare, saying data used by AI to reach decisions could be biased or misused. Th...
Syndicated Content May 16, 2023
German investor morale plunges as recession fears rise
(Reuters) - German investor sentiment fell more than expected in May, pointing to a worsening of the already unfavourable economic situation in the next six months. "As a result, the German economy co...
Syndicated Content May 16, 2023
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