Category Archives:
India’s October retail inflation eases to 6.77% y/y – govt
NEW DELHI (Reuters) - India's annual retail inflation eased to 6.77% in October from 7.41% in the previous month, helped by slower rises in food prices and a strong base effect, government data showed...
Nov 14, 2022
U.S. Argonne National Lab scales up startup SambaNova’s latest AI system
By Jane Lanhee Lee (Reuters) - Silicon Valley artificial intelligence (AI) computing startup SambaNova Systems said on Monday it delivered eight units of its latest AI system to the U.S. Argonne Natio...
Nov 14, 2022
Explainer-Bracket creep, fiscal drag: how inflation warps the tax take
By Leigh Thomas PARIS (Reuters) - While households struggle to cope with rocketing prices, the inflation spike is good for the taxman because it means there are simply more revenues to tax. But that l...
Nov 14, 2022
Italy govt wants Telecom Italia network under state control
ROME (Reuters) - Italy's new government wants Telecom Italia's network to be under state control to speed up the digitalization of the economy, Industry Minister Adolfo Urso said on Monday. "We need t...
Nov 14, 2022
Ant’s consumer finance unit to boost its capital to $2.62 billion
HONG KONG (Reuters) - The consumer finance unit of China's Ant Group will boost the company's registered capital to 18.5 billion yuan ($2.62 billion) from 8 billion yuan previously, an exchange filing...
Nov 14, 2022
Swedish prosecutor says no evidence of crime in Ericsson bribery probe
OSLO (Reuters) - The Swedish Prosecution Authority on Monday said an investigation into suspected bribery payments made by employees at telecom equipment maker Ericsson had been dropped as there was n...
Nov 14, 2022
Factbox-Key regulatory measures to stabilise China’s embattled property sector
By Clare Jim HONG KONG (Reuters) - Chinese property stocks and bonds rose sharply on Monday after news of further support measures from Beijing to boost liquidity in the sector, hailed by one analyst ...
Nov 14, 2022
India’s smartphone shipments drop 10% in Q3 as prices hit record -IDC
BENGALURU (Reuters) - India's smartphone market fell by 10% year-on-year last quarter to 43.5 million units, marking the lowest third-quarter shipment since 2019, and a high inventory pile-up is expec...
Nov 14, 2022
Factbox-German government’s plan to reform welfare
BERLIN (Reuters) - Germany's upper house of parliament blocked a landmark welfare reform on Monday that was meant to raise payments to people on state benefits and help the unemployed gain new vocatio...
Nov 14, 2022
German antitrust watchdog widens Amazon probe under new regulation
BERLIN (Reuters) - Germany's antitrust watchdog said on Monday it had expanded two probes into U.S. e-commerce giant Amazon.com making use of new regulation allowing it to prohibit any anti-competitiv...
Nov 14, 2022
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