Economists polled by Reuters were widely expecting the central bank to hold its rates steady.
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Boring ETFs have a breakout year
Boring ETFs are suddenly the most popular investing item. What’s lead to this surge in popularity and how can you take advantage of their growth? The post Boring ETFs have a breakout year appeared first on Stockspot Blog.
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June 6, 2023June 6, 2023Technology
Media editing software vendor Avid explores sale
Sources exclusively shared with Reuters that Avid Technology Inc (AVID.O), a provider of video and audio editing software and equipment, is exploring a potential sale. The post Media editing software vendor Avid explores sale appeared first on Reuters News Agency.
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June 6, 2023June 6, 2023Technology
AI rules ‘cannot be bargained’, EU’s Breton says after OpenAI CEO threat
Reuters exclusively reported that EU industry chief Thierry Breton has said proposed EU rules on artificial intelligence are not up for bargaining, in response to OpenAI CEO Sam Altman’s threat to quit Europe if the rules are too onerous. Altman caved the following day after Breton’s comments, tweeting that OpenAI was not going to leave...
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Congo to hike stake in copper, cobalt venture with China
Reuters exclusively revealed that The Democratic Republic of Congo aims to boost its stake in a cobalt and copper joint venture with Chinese firms to 70% from 32%, on concerns the deal gives away too much of Congo’s resources with little benefit to the country. The post Congo to hike stake in copper, cobalt venture...
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Europe is struggling with a precarious water situation ahead of another drought-riven summer
Reservoirs have fallen to water levels typically associated with summer heatwaves, while protests have broken out over water shortages in France and Spain.
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June 6, 2023June 6, 2023Finance
G7 leaders to target Russian energy, trade in new sanctions steps
Reuters exclusively reported that leaders of the Group of Seven (G7) nations plan to tighten sanctions on Russia at their summit in Japan this week, with steps aimed at energy and exports aiding Moscow’s war effort. The post G7 leaders to target Russian energy, trade in new sanctions steps appeared first on Reuters News Agency.
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U.S. and China trade barbs at top security summit as Taiwan Strait tensions simmer
China and U.S. defense chiefs trade barbs at Asia’s leading defense summit after Beijing rejects meeting offer.
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June 6, 2023June 6, 2023Technology
LG Display to supply OLED TV panels to Samsung Electronics
Reuters exclusively reported that flat-screen maker LG Display is in a deal to supply high-end TV panels to Samsung Electronics in a deal that would help the South Korean firm turn profitable. For Samsung, the world’s largest TV vendor, the deal highlights how it is looking to expand in high-end organic light emitting diode (OLED) TV...
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China may be ‘disruptive’ and fueling anxiety — but talks must continue, defense chiefs say
Just this weekend, a Chinese warship came within 150 yards of a U.S. destroyer in the Taiwan Strait, according to the U.S. Indo-Pacific Command.