(Reuters) – Serbian President Aleksandar Vucic will meet on Tuesday with the ambassadors of the United States, Russia, China, Britain and the head of the European Union mission, the president’s office said late on Monday, after new clashes erupted in northern Kosovo. Vucic put the army on the highest level of combat alert after around…
By Andy Bruce LONDON (Reuters) – British shop price inflation picked up this month to reach its highest rate since industry records began in 2005, although growth in food prices cooled slightly, a survey showed on Tuesday. The British Retail Consortium said prices in supermarkets and retail chains rose 9.0% in the year to May,…
TAIPEI (Reuters) – Artificial intelligence means everyone can now be a computer programmer as all they need to do is speak to the computer, Nvidia Corp CEO Jensen Huang said on Monday, hailing the end of the “digital divide”. Nvidia has surged to become the world’s most valuable listed semiconductor company as a major supplier…
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices edged higher in choppy trading on Monday, as markets weighed a tentative U.S. debt ceiling deal that would avert a default by the world’s top oil consumer against further Federal Reserve interest rate hikes that could curb energy demand. Brent crude futures settled up 12 cents, or…
(Reuters) – HSBC is set to announce next month that the UK arm of Silicon Valley Bank will be renamed HSBC Innovation Banking, Sky News reported on Monday. The British government and the Bank of England facilitated a private sale of SVB UK to HSBC in March, in a move which would protect deposits without…
By Sruthi Shankar and Ankika Biswas (Reuters) – European shares edged lower in light trade on Monday, on losses in technology and bank stocks, while investors assessed the tentative deal reached by U.S. lawmakers to raise the nation’s debt ceiling and avert a default. The pan-European STOXX 600 index closed 0.1% lower, after logging its…
(Reuters) – Uganda’s tough new anti-LGBTQ law, which stipulates the death penalty for “serial offenders”, presents a conundrum for multi-nationals wanting to grow in Africa while promoting diversity and inclusion. A coalition of companies that includes Google and Microsoft said it was “deeply disappointed” by the bill signed into law on Monday. Here are some…
By Dhara Ranasinghe LONDON (Reuters) – The dollar nudged down on Monday, pulling back from six-month peaks against the yen as a U.S. debt ceiling deal lifted risk appetite in world markets and dented the greenback’s safe-haven appeal. U.S. President Joe Biden on Sunday finalised a budget agreement with House Speaker Kevin McCarthy to suspend…
By Toby Sterling AMSTERDAM (Reuters) – Uber is seeing an influx of European taxi drivers joining its platform, an executive told Reuters, a surprising development given the history of tensions between the company and the traditional taxi industry. In an interview, Uber’s Anabel Diaz, who oversees the company’s mobility (ride-sharing) business in EMEA, said business…
(Reuters) -Key jobs figures in the United States, Chinese business activity data and European inflation readings are giving more evidence on the pull and push factors impacting the world’s top economies. A deal on the U.S. debt ceiling, struck on Sunday, will move to Congress for a vote while in Turkey, voters gave President Tayyip…
