Web Notifications

SaltWire.com would like to send you notifications for breaking news alerts.

Activate notifications?

Microsoft logo is seen at the Mobile World Congress (MWC) in Barcelona, Spain February 27, 2024.

Exclusive-Microsoft's OpenAI partnership could face EU antitrust probe, sources say

Foo Yun Chee |Updated 9 minutes ago |2 min read

By Foo Yun Chee BRUSSELS (Reuters) - Microsoft's $13 billion investment in OpenAI could face an EU antitrust investigation as regulators are building the case for such a move, people familiar with the matter said on Thursday. Microsoft's OpenAI ...

Brazil's Minister of Finance Fernando Haddad speaks during the G20 Finance Ministers and Central Banks Governors' meeting, in Sao Paulo, Brazil, February 29, 2024.

G20 to review multilateral development banks reform roadmap in October, says Brazil

Reuters |Updated 11 minutes ago |2 min read

WASHINGTON (Reuters) - Brazil's presidency of the G20 will submit a roadmap for reforming multilateral development banks for approval by member countries at the finance track meetings scheduled for October, focused on expanding their efficiency ...

A tourist shelters from the rain under an Union Jack umbrella near the Bank of England in the City of London financial district in London, Britain, February 13, 2024.

UK wage growth and services inflation too high for rate cut, BoE's Greene says

Reuters |Updated 11 minutes ago |2 min read

(Reuters) -Britain's latest wage growth and services price inflation data is too high for the Bank of England to consider cutting interest rates, BoE policymaker Megan Greene said on Thursday. "The numbers that we're seeing in terms of wage growth ...

IMF Managing Director Kristalina Georgieva holds a press briefing on the Global Policy Agenda to open the IMF and World Bank's 2024 annual Spring Meetings in Washington, U.S., April 18, 2024.

IMF chief says productivity, Chinese consumer spending key to boosting global growth

Andrea Shalal, David Lawder |Updated 21 minutes ago |3 min read

By David Lawder and Andrea Shalal WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva bemoaned the slow pace of global growth on Thursday, saying that Europe needed to do more to boost productivity and China ...

A sign is seen outside the Intel corporate campus in Hillsboro, Oregon, U.S., April 25, 2018. Picture taken April 25, 2018.

Seeking edge over rivals, Intel first to assemble ASML's next-gen chip tool

Toby Sterling |Updated 22 minutes ago |3 min read

By Toby Sterling AMSTERDAM (Reuters) - Intel said on Thursday it had become the first company to assemble one of Dutch tech group ASML's new "High NA EUV" lithography tools, an important part of the U.S. computer chip maker's drive to outshine ...

Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023.

Tesla shares fall as Deutsche Bank flags risks from focus on Robotaxi

Reuters |Updated 29 minutes ago |2 min read

(Reuters) - Tesla shares fell to their lowest in more than a year on Thursday after Deutsche Bank raised concerns over the electric automaker's increasing focus on its autonomous vehicle products when profit is under pressure. The Elon Musk-led ...

The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, January 19, 2021.

TSMC estimates losses of $92.4 million due to Taiwan earthquake

Reuters |Updated 42 minutes ago |1 min read

BEIJING (Reuters) - Taiwan chipmaker TSMC said the biggest earthquake in at least 25 years that struck the island on April 3 caused estimated losses of T$3 billion ($92.44 million) to the company in the second quarter. The quake is also expected ...

New York Federal Reserve President John Williams speaks at an event in New York, U.S., November 6, 2019.

Fed's Williams doesn't see urgent need to cut interest rates

Michael S. Derby |Updated 52 minutes ago |3 min read

By Michael S. Derby NEW YORK (Reuters) - New York Federal Reserve President John Williams said on Thursday the strong state of the U.S. economy means there's no pressing case to lower interest rates right now. "I definitely don't feel urgency to ...

SpaceX logo and Elon Musk photo are seen in this illustration taken, December 19, 2022.

Exclusive-Northrop Grumman working with Musk's SpaceX on U.S. spy satellite system

Joey Roulette, Marisa Taylor |Updated 1 hour ago |3 min read

By Joey Roulette and Marisa Taylor WASHINGTON (Reuters) - Aerospace and defense company Northrop Grumman is working with SpaceX, the space venture of billionaire entrepreneur Elon Musk, on a classified spy satellite project already capturing ...

The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018.

IMF tells Asian central banks not to follow Fed too closely

Leika Kihara |Updated 1 hour ago |2 min read

By Leika Kihara WASHINGTON (Reuters) - The International Monetary Fund urged Asian central banks to focus on domestic inflation and avoid tying their policy decisions too closely to anticipated moves by the U.S. Federal Reserve. Receding ...

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Videos

Prices at the Pumps - April 17, 2024 #saltwire #energymarkets #pricesatthepumps #gasprices

Watch on YouTube: "Prices at the Pumps - April 17, 2024 #saltwire #energymarkets #pricesatthepumps #gasprices"