Morning Bid: Big Tech reports as bond yields recoil
A look at the day ahead in U.S. and global markets from Mike DolanBig Tech heavyweights Microsoft (MSFT.O) and Alphabet...
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Euro zone October PMI at near 3-year low, stirring recession worries
FILE PHOTO: People walk on a shopping street in the southern German town of Konstanz January 17, 2015.REUTERS/Arnd Wiegmann/File Photo...
EU not ready for formal probe into China’s wind industry -source
BRUSSELS, Oct 24 (Reuters) - The European Union still lacks "very clear evidence" of unfair practices to launch a formal...
Gold rally cools as traders eye MidEast developments, US data
Markets await US PCE price index, Q3 GDP data this weekPalladium up 3%Oct 23 (Reuters) - Safe-haven gold eased on Monday, hitting pause after jumping to within striking distance of the key $2,000 level in the last session, as traders positioned for further developments on the Middle East conflict and U.S. economic data.Spot gold fell 0.3% to $1,976.19 per ounce by 1:41 p.m. ET (1741 GMT). U.S. gold futures settled 0.3% lower at $1,987.80.Reuters Graphics"Safe-haven demand will continue to drive gold higher after a slight period of consolidation. We believe...
EU lawmakers face struggle to reach agreement on AI rules -sources
AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSTOCKHOLM/BRUSSELS, Oct 23 (Reuters) - European lawmakers are yet to agree on several issues related to new artificial intelligence rules ahead of a crucial meeting on Tuesday, leaving any deal off the table until December, according to four people familiar with the matter.The draft AI rules have to be agreed by the European Parliament and European Union member states. They have so far been discussed three times in trilogues,...
Britain, EU discuss risks, reforms, in inaugural financial services meeting
Flags of the Union Jack and European Union are seen ahead of the meeting of European Commission President Ursula von...
Tensions soar over new fund for climate ‘loss and damage’ ahead of COP28
Committee fails to adopt recommendations to set up fundDeveloping nations reject proposal of World Bank as hostTime running short to...
ECB staff won’t get wage catch-up bank predicts for euro zone
A view shows the placards of the political parties in front of the European Central Bank (ECB) building in Frankfurt,...
Global billionaire tax could yield $250 billion annually, study says
A money changer counts U.S. dollar banknotes at a currency exchange office in Ankara, Turkey November 11, 2021. REUTERS/Cagla Gurdogan...
Argentina, Brazil seek 12.5 billion euros of financial aid in EU-Mercosur talks
European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo Acquire Licensing RightsMADRID/BRASILIA, Oct 20 (Reuters) - Argentina and Brazil are requesting 12.5 billion euros ($13.2 billion) in financial aid from the European Union in talks to conclude a trade agreement with South America's Mercosur bloc, according to a document seen by Reuters.Three EU and South American diplomats confirmed the Argentine request, which is backed by Brazil, in the rotating presidency of the four-nation Mercosur.Argentina and Brazil have also pushed to exclude...