Brazilian inflation hits nearly three-year low; rate cuts on the horizon
By Gabriel Araujo SAO PAULO (Reuters) -Brazil’s annual inflation in June fell to its lowest level since September 2020, data…
Economy
China June new bank loans jump more than expected on policy support
By Qiaoyi Li and Kevin Yao BEIJING (Reuters) -China’s new bank loans jumped more than expected in June from the…
Factbox-Five things to watch out for in US bank earnings
(Reuters) – U.S. banking giants are scheduled to report second-quarter results starting this week as the industry tries to move…
Deutsche Bank expects 50-bps Bank of England August rate hike
LONDON (Reuters) – Deutsche Bank said on Tuesday it now expects the Bank of England to raise interest rates by…
Nuclear startup Oklo to go public in US via Sam Altman’s SPAC
(Reuters) – Sam Altman-backed Oklo has agreed to go public in the United States through a merger with his blank…
Volkswagen faces fresh investor doubts on independence of planned Xinjiang audit
By Victoria Waldersee and Jan Schwartz BERLIN/HAMBURG (Reuters) – Volkswagen was challenged by an investor association on Tuesday about the…
EU looks to take lead in metaverse world, avoid Big Tech dominance
By Foo Yun Chee BRUSSELS (Reuters) – The European Commission on Tuesday set out a plan in a bid to…
Google-backed Anthropic startup upgrades its Claude AI, better at coding
By Jeffrey Dastin and Stephen Nellis (Reuters) – Anthropic, an artificial intelligence startup backed by Google, on Tuesday widened consumer…
Global PC shipments decline eases in Q2, Apple outperforms on MacBook Air demand – Canalys
(Reuters) – The decline in global personal computer shipments slowed in the second quarter, with Apple outperforming the market with…
Brazil’s Lula expects Senate to pass tax reform by year-end
SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Tuesday he expects the Senate to pass by…