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Departing Intel exec to focus on loosening Nvidia’s grip on AI for movies, games

Departing Intel exec to focus on loosening Nvidia’s grip on AI for movies, games

By Stephen Nellis (Reuters) -Raja Koduri, the chief architect at Intel Corp, is leav..

Some Credit Suisse AT1 bondholders seek legal advice -law firms

Some Credit Suisse AT1 bondholders seek legal advice -law firms

By Laura Matthews and Chiara Elisei (Reuters) -Law firm Pallas Partners and a Swiss ..

Telecom Italia in talks with unions on up to 2,000 job cuts in Italy

Telecom Italia in talks with unions on up to 2,000 job cuts in Italy

MILAN (Reuters) – Telecom Italia (TIM) is seeking to cut as many as 2,000 jobs..

Screening of ‘Winnie the Pooh’ horror film cancelled in Hong Kong

Screening of ‘Winnie the Pooh’ horror film cancelled in Hong Kong

By Jessie Pang and Farah Master HONG KONG (Reuters) -The screening of “Winnie ..

EXCLUSIVE-Olympics-Paris 2024 plans Games relay changes, fewer torches-source

EXCLUSIVE-Olympics-Paris 2024 plans Games relay changes, fewer torches-source

BERLIN (Reuters) – Paris 2024 Olympic torchbearers may not all get to keep the..

Portuguese airline TAP swings to profit earlier than expected

Portuguese airline TAP swings to profit earlier than expected

LISBON (Reuters) – Portuguese airline TAP swung to a profit in 2022, earlier t..

Energy bill support pushes UK budget deficit to February record

Energy bill support pushes UK budget deficit to February record

By Andy Bruce and Sachin Ravikumar LONDON (Reuters) -Britain recorded the largest bu..

KKR sells 50% stake in Spain’s X-elio to partner Brookfield

KKR sells 50% stake in Spain’s X-elio to partner Brookfield

MADRID (Reuters) – U.S.-based buyout fund KKR has agreed to sell a 50% stake i..

Maserati aims at driving margins higher before any spin-off talk

Maserati aims at driving margins higher before any spin-off talk

By Giulio Piovaccari MILAN (Reuters) – Maserati aims to increase its margin on..

Dollar pauses for breath as Fed swings into focus

Dollar pauses for breath as Fed swings into focus

By Rae Wee SINGAPORE (Reuters) – The dollar steadied in a holiday-thinned Asia..

SSE to invest $122 million in Scottish pumped hydro project

SSE to invest $122 million in Scottish pumped hydro project

LONDON (Reuters) – British power generator SSE will invest 100 million pounds ..

EU’s EIB to override Turkey lending ban with earthquake aid

EU’s EIB to override Turkey lending ban with earthquake aid

By Marc Jones LONDON (Reuters) -The European Union’s lending arm, the European..

U.S. oil exports to Europe hit record in March on steep discounts

U.S. oil exports to Europe hit record in March on steep discounts

By Arathy Somasekhar HOUSTON (Reuters) – U.S. crude exports to Europe have hit..

Bank shares rise after Credit Suisse rescue eases crisis

Bank shares rise after Credit Suisse rescue eases crisis

By Amanda Cooper and John Revill (Reuters) -U.S. banking stocks rose on Monday and E..

Sterling rises as receding bank sector worries lift sentiment

Sterling rises as receding bank sector worries lift sentiment

LONDON (Reuters) – Sterling rose against the dollar on Friday, after a series ..

UK’s Ofcom delays BT fibre pricing decision after CEO remarks

UK’s Ofcom delays BT fibre pricing decision after CEO remarks

By Paul Sandle LONDON (Reuters) -Britain’s telecoms regulator needs more time ..

What is Generative AI, the technology behind OpenAI’s ChatGPT?

What is Generative AI, the technology behind OpenAI’s ChatGPT?

(Reuters) – Generative artificial intelligence has become a buzzword this year..

Farming and tourism under threat as winter drought dries up France’s Lake Montbel

Farming and tourism under threat as winter drought dries up France’s Lake Montbel

By Manuel Ausloos PARIS (Reuters) – Set at foot of the Pyrenees mountains, Lak..

Volkswagen to invest in mines in bid to become global battery supplier

Volkswagen to invest in mines in bid to become global battery supplier

By Victoria Waldersee BERLIN (Reuters) -Volkswagen plans to invest in mines to bring..

Euro zone inflation eases in Feb but core prices pick up

Euro zone inflation eases in Feb but core prices pick up

FRANKFURT (Reuters) – Euro zone inflation eased a touch in February but underl..

Greece to increase minimum wage again, before election

Greece to increase minimum wage again, before election

ATHENS (Reuters) – The Greek government will raise the minimum wage next month..

ECB’s Villeroy: rate hike signals strong confidence in European banks

ECB’s Villeroy: rate hike signals strong confidence in European banks

PARIS (Reuters) – The European Central Bank’s decision to raise interest..

Cricket-Former Australia captain Paine retires from first-class cricket

Cricket-Former Australia captain Paine retires from first-class cricket

MELBOURNE (Reuters) – Former Australia test captain Tim Paine ended his cricke..

Oil rises on demand hopes as banking crisis fears subside

Oil rises on demand hopes as banking crisis fears subside

By Florence Tan and Trixie Sher Li Yap SINGAPORE (Reuters) – Oil prices firmed..

UK drops plan to tax sovereign wealth funds

UK drops plan to tax sovereign wealth funds

LONDON (Reuters) – British finance minister Jeremy Hunt has dropped a plan to ..

Citadel accelerates hiring push in Hong Kong and London

Citadel accelerates hiring push in Hong Kong and London

By Summer Zhen HONG KONG (Reuters) – Miami-based Citadel has kicked off 2023 w..

Analysis-Investors stick to bets on early end to ECB hikes as uncertainty grows

Analysis-Investors stick to bets on early end to ECB hikes as uncertainty grows

By Yoruk Bahceli and Naomi Rovnick AMSTERDAM (Reuters) – Investors held tight ..

Instant View: ECB sticks with big rate hike even as bank fears roil markets

Instant View: ECB sticks with big rate hike even as bank fears roil markets

(Reuters) – The European Central Bank pushed through another big increase in i..

Big ECB hike adds fuel to the banking sector fire

Big ECB hike adds fuel to the banking sector fire

By Joice Alves LONDON (Reuters) – Euro zone bank shares hit a ten-week low on ..

EU announces plans to lead green industrial revolution

EU announces plans to lead green industrial revolution

By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission presented the centr..

French inflation revised upwards in February to 7.3% – final figures

French inflation revised upwards in February to 7.3% – final figures

PARIS (Reuters) – French annual inflation rose to a revised 7.3% in February f..

Publisher Bloomsbury casts upbeat forecast, says books ‘affordable pastime’

Publisher Bloomsbury casts upbeat forecast, says books ‘affordable pastime’

(Reuters) -Bloomsbury Publishing Plc forecast full-year profit to be well ahead of e..

Burberry appoints McLaren’s Kate Ferry as CFO

Burberry appoints McLaren’s Kate Ferry as CFO

LONDON (Reuters) – British luxury brand Burberry said on Wednesday it had appo..

Crown Agents Bank owner explores sale of British payments group –sources

Crown Agents Bank owner explores sale of British payments group –sources

By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – Helios Investmen..

Oil prices rebound after OPEC upgrades China demand outlook

Oil prices rebound after OPEC upgrades China demand outlook

By Yuka Obayashi and Florence Tan TOKYO (Reuters) – Oil prices rebounded more ..

Asian shares gain as fears about rapid Fed hikes, bank crisis fade

Asian shares gain as fears about rapid Fed hikes, bank crisis fade

By Ankur Banerjee SINGAPORE (Reuters) – Asian equities rose sharply on Wednesd..

KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT

KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT

(Reuters) – KPMG’s U.S. boss, Paul Knopp, said the accounting firm stood..