OpenAI mulling Israel investment opportunities, Microsoft says

JERUSALEM (Reuters) – OpenAI is considering investment opportunities in Israel, Microsoft Israel R&D center quoted the company’s CEO, Sam Altman, as saying during a visit to the country on Monday. Microsoft, an OpenAI backer, hosted Altman at its Israel headquarters. (This story has been refiled to add a more specific attribution from Microsoft in paragraph…

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Analysis-Strong economy puts Bank of Canada’s 4-month rate hike pause in doubt

By Steve Scherer OTTAWA (Reuters) – The Bank of Canada (BoC) became the first major global central bank to pause its rate-hike campaign in January, but the economy’s surprisingly strong performance since then will test Governor Tiff Macklem’s resolve to stay on the sidelines this week. A return to rate-hike mode would raise questions about…

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Turkish lira slips, stocks, bonds gain after Simsek appointment

By Canan Sevgili (Reuters) -Turkey’s lira extended recent losses, weakening more than 1% against the dollar on Monday, while stocks and dollar-denominated bonds rallied after the appointment of highly-regarded Mehmet Simsek as finance minister. Simsek won markets’ confidence as finance minister and deputy prime minister between 2009-2018 and his appointment is seen signalling a return…

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