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ABB dispels industrial gloom to raise full-year outlook
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Tiffany, now owned by LVMH, reopens on a Fifth Avenue in flux
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Real-Time Connect (NYC): Where AdTech leaders come together to redefine data strategies
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Denmark presents “tight” fiscal budget to fight inflation
Oil prices steady on uncertain global outlook and supply concerns
Date: April 24, 2023
Oil prices steady on uncertain global outlook and supply concerns By Noah Browning LONDON (Reuters) – Oil prices were steady on Monday as concern over rising interest rates, the global economy and the outlook for fuel demand were balanced by the prospect of tightening supplies. Brent crude slipped 22 cents, or 0.3%, to $81.44 a...
Britain sets up $125 million taskforce to drive AI
Date: April 24, 2023
Britain sets up $125 million taskforce to drive AI LONDON (Reuters) – Britain on Monday announced 100 million pounds ($124.5 million) in initial funding for a taskforce to help develop foundation models – a type of artificial intelligence used by chatbots like ChatGPT – for use in fields like healthcare and education. “Harnessing the potential...
Climate change fight a ‘core duty’ for central banks – ECB’s Villeroy
Date: April 24, 2023
Climate change fight a ‘core duty’ for central banks – ECB’s Villeroy By Marc Jones LONDON (Reuters) – France’s central bank governor François Villeroy de Galhau has pushed back against criticism of central banks’ increasing involvement in the fight against climate change, calling the issue a “must have” focus. “Climate-related risks are clearly among the...
German economy likely grew in Q1, beating expectations – Bundesbank
Date: April 24, 2023
German economy likely grew in Q1, beating expectations – Bundesbank FRANKFURT (Reuters) – The German economy is likely to have expanded in the last quarter on a rebound in industrial production, the Bundesbank said in a monthly report on Monday, revising its previous prediction of a small contraction. The euro zone’s biggest economy has struggled...
Bitcoin could hit $100,000 by end-2024, Standard Chartered says
Date: April 24, 2023
Bitcoin could hit $100,000 by end-2024, Standard Chartered says By Elizabeth Howcroft LONDON (Reuters) – Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered said on Monday, saying that the so-called “crypto winter” is over. Bitcoin could gain from factors including recent turmoil in the banking sector, a stabilisation of risk...
Factbox-Europe’s ongoing strike-related travel disruptions
Date: April 24, 2023
Factbox-Europe’s ongoing strike-related travel disruptions (Reuters) – Strikes in Europe could disrupt travel into the summer, as passengers numbers globally recover to pre-pandemic levels. Since last year, strikes and staff shortages have forced European airlines to cancel thousands of flights to avoid long queues at major airports. Claim management firm AirHelp says flight cancellations and...