RWE and Masdar to co-develop giant British offshore wind project
British Prime Minister Rishi Sunak delivers the keynote speech at the Global Investment Summit at Hampton Court Palace, in East...
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Crypto stocks set to start December on high note as bitcoin hits near 19-month high
Representations of cryptocurrencies are seen in front of displayed words "Cryptocurrency market" and decreasing stock graph in this illustration taken...
Generative AI a stumbling block in EU legislation talks -sources
Technology leaders attend a generative AI (Artificial Intelligence) meeting in San Francisco as the city is trying to position itself as the “AI capital of the world”, in California, U.S., June 29, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsSTOCKHOLM/BRUSSELS/LONDON, Dec 1 (Reuters) - EU lawmakers cannot agree on how to regulate systems like ChatGPT, in a threat to landmark legislation aimed at keeping artificial intelligence (AI) in check, six sources told Reuters.As negotiators meet on Friday for crucial discussions ahead of final talks scheduled for Dec. 6, 'foundation models', or...
ECB raises minimum capital requirements for Spanish banks
A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023....
Take Five: That most wonderful time of the year
Macy's Santa Claus appears on the trading floor to celebrate the 97th Macy's Thanksgiving Day Parade at the New York...
Bank of England drags Bagehot into the shadows
LONDON, Dec 1 (Reuters Breakingviews) - Walter Bagehot’s 1873 book “Lombard Street” is a bible for financial policymakers. The English...
Rupee to open higher on robust India GDP, cooling US inflation
A currency trader is pictured through the symbol for the Indian Rupee on the floor of a trading firm in...
US consumer spending cools; labor market gradually slowing
Consumer spending increases 0.2% in OctoberPersonal income gains 0.2%; saving rate climbs to 3.8%Core PCE price index rises 0.2%; up...
Market pushback on central banks’ rates view just got louder
Markets now price hefty ECB, Fed rate cuts in 2024Nov euro zone inflation eases more than expectedGap with central bank messaging widens furtherLONDON, Nov 30 (Reuters) - A big disconnect between financial markets and central banks has just got deeper, with traders ramping up their bets on interest rate cuts in the United States and Europe as evidence grows that inflationary pressures are fast abating.Money markets are now pricing in over 100 basis points apiece of rate cuts from the U.S. Federal Reserve and European Central Bank next year, and...
European shares post best month since Jan as tumbling inflation spurs rate cut bets
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 7, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsItaly's FTSE MIB hits 15-year highEuro zone inflation tumble pits ECB against marketsASR jumps after final settlement with interest groupsSTOXX 600 adds 0.5%Nov 30 (Reuters) - European shares hit a more than two-month high on Thursday, ending November sharply higher, after data showing a drop in inflation in the U.S. and Europe boosted bets that central banks will soon be cutting interest rates.The pan-European STOXX 600 (.STOXX)...