A look at the day ahead in European and global markets from Kevin Buckland Bets for a U.S. Federal Reserve rate cut next week sit unequivocally at the centre of the market’s focus right now, as does the murkiness of the economic data Fed officials depend on to make their policy decisions. With questions over …
Morning Bid: Firming Fed cut bets buoy stocks, undercut dollar Read More »
By Kritika Lamba and Krystal Hu Dec 4 (Reuters) – Europe needs a more unified market and lighter-touch regulation to stay competitive in artificial intelligence as the U.S. and China accelerate investment and deployment, SAP CEO Christian Klein said on Thursday. Speaking at the Reuters NEXT conference in New York, Klein said Europe is “more …
REUTERS NEXT – SAP CEO urges Europe to unite and ease AI rules to stay competitive Read More »
Dec 4 (Reuters) – Reuters is hosting a two-day Reuters NEXT conference in New York on Wednesday and Thursday, bringing together more than 700 international business leaders and policymakers to examine the biggest issues facing society, business and the world. The following are some notable quotes from speakers at the technology and AI sessions of the …
Notable quotes from tech, AI sector speakers at Reuters NEXT conference Read More »
(Corrects last paragraph to identify company as Tapestry, not Coach) By Susan Heavey and Jessica DiNapoli NEW YORK, Dec 4 (Reuters) – Younger shoppers are helping to drive growth in some consumer products like Honest Co diapers and Kate Spade handbags despite higher prices from tariffs and other economic pressures, while artificial intelligence boosts efficiencies and margins, several …
CEOs see younger consumers driving growth amid tariffs, AI changes Read More »
By Curtis Williams HOUSTON, Dec 4 (Reuters) – Shell-led LNG Canada’s second processing unit, known as Train 2, remains down nearly a month after its initial start-up, two sources told Reuters. The company said on November 20 that a re-start had been scheduled for December 1 and would last about two weeks. A spokesperson for …
Shell-led LNG Canada’s second processing unit still down, sources say Read More »
MILAN, Dec 4 (Reuters) – Italy’s Economy Ministry has ordered an in-depth review of existing safeguards against cryptocurrency risks, which are seen potentially rising, the Bank of Italy and other financial regulators said on Thursday. “An in-depth review has been launched to assess the adequacy of existing safeguards for direct and indirect investments in crypto-assets …
Italy launches ‘in-depth’ review of cryptocurrency risks Read More »
Dec 4 (Reuters) – British self-storage company Big Yellow Group said on Thursday that there was no basis of continuing discussions with Blackstone on a potential deal. The decision came after Blackstone informed Big Yellow of a possible offer and the valuation level at which it could make a proposal. The company did not disclose …
Big Yellow Group terminates deal talks with Blackstone Read More »
By Charlotte Van Campenhout BRUSSELS, Dec 4 (Reuters) – Belgian Prime Minister Bart De Wever said on Thursday he hopes to have a “fruitful discussion” with German Chancellor Friedrich Merz on Friday about an EU plan to use Russian frozen assets to support Ukraine against Russia’s invasion. The European Commission, the European Union’s executive body, …
By Phoebe Seers LONDON, Dec 4 (Reuters) – Britain will launch a fast-track licensing regime for financial services startups allowing them to get up and running while they seek full authorisation, the finance ministry said on Thursday, part of a wider drive to cut red tape and boost economic growth. Under the new system, firms …
Britain unveils fast-track licensing to boost fintech growth Read More »
MILAN, Dec 4 (Reuters) – Milan’s city government said on Thursday it had ordered owners of short-term rental properties to remove self-check-in keyboxes from public spaces, in a move aimed at tackling overtourism in the northern Italian city. Landlords often use keyboxes to allow guests to check in without meeting hosts, saving time for both …
Milan bans check-in keyboxes for short-term rentals Read More »
