BlackRock says AI ‘mega-force’ to buck tough macro trend
(Reuters) – Shares of AI-focused companies will be a major driver of returns for developed markets in a tough economic…
UK
European shares up as robust U.S. data soothes recession jitters, chip stocks rally
By Amruta Khandekar, Matteo Allievi and Bansari Mayur Kamdar (Reuters) – European shares climbed on Wednesday after robust U.S. data…
Trafigura sued for $8.4 million by firm owned by tycoons Reuben Brothers
By Eric Onstad LONDON (Reuters) – Hyphen Trading Ltd, owned by property and metals tycoons the Reuben brothers, has demanded…
UK showing signs of persistent inflation, BoE’s Bailey says
SINTRA, Portugal (Reuters) – Bank of England Governor Andrew Bailey said last week’s rise in interest rates reflected a resilient…
Lucid CEO says Aston Martin EV tech deal is just the beginning
By Nick Carey LONDON (Reuters) – Lucid will pursue more deals to sell its luxury electric vehicle (EV) equipment as…
Age of crisis leaves world’s big currencies out of sync
By Alun John and Dhara Ranasinghe LONDON (Reuters) – Big global currencies are rarely on different paths. Yet Japan’s yen…
Kevin Spacey appears in London court for start of sex offence trial
LONDON (Reuters) – Oscar-winning actor Kevin Spacey appeared in a London court on Wednesday at the start of his four-week…
HK’s Swire Pacific sells U.S. drinks unit to shareholder for $3.9 billion
(Reuters) -Hong Kong-based conglomerate Swire Pacific Ltd said on Wednesday it would sell its Swire Coca-Cola USA unit for $3.9…
Marketmind: G4 central bankers speak, chips wars rumble
A look at the day ahead in U.S. and global markets from Mike Dolan Eyeing another slew of impressive U.S….
Marketmind: Beijing leaves market guessing on yuan
A look at the day ahead in European and global markets from Wayne Cole. The People’s Bank of China seems…