Category Archives:
Insurers’ climate alliance loses nearly half its members after more quit
By Tommy Wilkes LONDON (Reuters) - Three more insurance companies including Tokio Marine have left a United Nations-backed net-zero climate alliance, leaving the group with about half the number of me...
May 30, 2023
Russian central bank warns higher rates may be needed to bring inflation to target
MOSCOW (Reuters) - Russia's central bank issued a hawkish signal on Tuesday, just over a week before it is next due to set interest rates, warning that pro-inflationary risks of growing consumer deman...
May 30, 2023
Canadian AI computing startup Tenstorrent and LG partner to build chips
By Jane Lanhee Lee OAKLAND, California (Reuters) - Canadian AI computer design startup Tenstorrent said on Tuesday it was partnering with South Korea's consumer electronics firm LG Electronics Inc to ...
May 30, 2023
EU doubles financial aid to Moldova to 295 million euros
BRUSSELS (Reuters) - European Union governments decided on Tuesday to nearly double the amount of EU financial support to Moldova to a total of 295 million euros ($324.74 million), the Swedish preside...
May 30, 2023
Top AI CEOs, experts raise ‘risk of extinction’ from AI
By Supantha Mukherjee STOCKHOLM (Reuters) - Top artificial intelligence executives including OpenAI CEO Sam Altman on Tuesday joined experts and professors in raising the "risk of extinction from AI",...
May 30, 2023
Yields on bills due in June fall on debt deal optimism
(Reuters) - Yields on Treasury bills that are due in early June dropped on Tuesday on optimism that Congress will pass a deal to raise the country's debt ceiling and avoid a potential default. A bipar...
May 30, 2023
German tax fraud mastermind handed further 8-year jail sentence
WIESBADEN, Germany (Reuters) - Hanno Berger, a former tax inspector turned legal tax expert, was sentenced on Tuesday to eight years and three months in jail by a court in Wiesbaden, as the nation com...
May 30, 2023
UK’s Asda to buy EG petrol stations unit in $2.9-billion deal
By Paul Sandle LONDON (Reuters) - British supermarket Asda said it would buy the bulk of petrol station operator EG Group's UK and Ireland business to speed up its move into the convenience sector, cr...
May 30, 2023
Italy plans state-backed fund to promote AI startups
ROME (Reuters) - Italy's government plans to set up an investment fund backed by state lender Cassa Depositi e Prestiti (CDP) to promote startups investing in Artificial Intelligence (AI), cabinet und...
May 30, 2023
High inflation fails to boost most UK companies’ profits
By David Milliken LONDON (Reuters) - Britain's highest inflation in four decades failed to boost company profits last year, with the exception of oil and gas extractors who benefited from a surge in e...
May 30, 2023
Peoria, IL, USA
57 °F Sunny
