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Ferrari sees strong demand stretching into the distance
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US dollar retreats as risk appetite rises, Fed rate hikes seen as done
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Bank of England keeps rates at 15-year high, rules out quick cuts to help economy
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Global central banks mark a possible plateau
Global fund managers sharpen bank scrutiny following crisis -survey
Date: November 1, 2023
Global fund managers sharpen bank scrutiny following crisis -survey By Laura Matthews and Chiara Elisei NEW YORK/LONDON (Reuters) – Global fund managers are exploring ways to spread their counterparty risk, with many regularly monitoring the credit ratings of their dealer banks following the recent banking crisis, according to an industry survey released on Wednesday. Concerned...
Factbox-More automakers plug into Tesla’s EV charging network
Date: November 1, 2023
Factbox-More automakers plug into Tesla’s EV charging network (Reuters) -More automakers signed up to access Tesla’s electric-vehicle charging infrastructure across the United States, taking the Elon Musk-led company’s superchargers closer to becoming the industry standard. Texas has approved a plan to require EV charging companies to include Tesla’s plug if they want to be eligible...
China, US and EU agree to work together on AI safety at UK summit
Date: November 1, 2023
China, US and EU agree to work together on AI safety at UK summit By Paul Sandle, Martin Coulter BLETCHLEY PARK, England (Reuters) -China agreed to work with the United States, European Union and other countries to collectively manage the risk from artificial intelligence at a British summit on Wednesday aimed at charting a safe...
Fed keeps rates unchanged, acknowledges economy is ‘strong’
Date: November 1, 2023
Fed keeps rates unchanged, acknowledges economy is ‘strong’ By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase in borrowing costs in a policy statement that acknowledged the U.S. economy’s surprising strength but also nodded to the tighter financial conditions faced...
Britain brings together political and tech leaders to talk AI
Date: November 1, 2023
Britain brings together political and tech leaders to talk AI By Paul Sandle and Martin Coulter BLETCHLEY PARK, England (Reuters) -Britain will convene governments, academia and companies working at the cutting edge of artificial intelligence on Wednesday at the inaugural AI Safety Summit to debate how, and even if, the risks of the technology can...
The drones fighting cat and mouse battles behind Russian front lines in Ukraine
Date: November 1, 2023
The drones fighting cat and mouse battles behind Russian front lines in Ukraine By Max Hunder KHARKIV REGION, Ukraine (Reuters) – As a Ukrainian rocket made its way towards the Russian radar system, the soldiers in the elite unit whose drone had discovered the target waited with bated breath. “Still about a minute left,” said...