By Valerie Volcovici and Andrea Shalal WASHINGTON (Reuters) – Ajay Banga, U.S. President Joe Biden’s pick to run the World Bank, will face a tough slate of issues around the institution[...]
Read more
February 25, 2023
Yellen says U.S. inflation fight ‘not a straight line’ after price rise data
By David Lawder BENGALURU (Reuters) – U.S. Treasury Secretary Janet Yellen told Reuters on Saturday that new U.S. data showing inflation jumped unexpectedly in January signals that the fight aga[...]
Read more
World Bank promises ‘concessionality’ in debt restructuring
BENGALURU (Reuters) -The World Bank will “provide as much concessionality to the debt treatment” for distressed economies as possible, its president told a meeting with the International M[...]
Read more
Thai economy to grow 3.8% this year, inflation to ebb – minister
By Orathai Sriring and Satawasin Staporncharnchai BANGKOK (Reuters) – Thailand’s economy is expected to grow 3.8% this year, helped by a rebound in the vital tourism sector, while inflatio[...]
Read more
Meta heats up Big Tech’s AI arms race with new language model
By Yuvraj Malik and Katie Paul (Reuters) – Meta Platforms Inc said on Friday it was releasing to researchers a new large language model, the core software of a new artificial intelligence system[...]
Read more
BlackRock cooperating with SEC probe of investment advisers’ communications
(Reuters) – BlackRock Inc said it was cooperating with a U.S. Securities and Exchange Commission investigation into record keeping of electronic communications of its investment advisers, accord[...]
Read more