PARIS (Reuters) -French media and business conglomerate Lagardere said on Wednesday it is moving closer to a sale of its Paris Match magazine to luxury goods giant LVMH, on an enterprise value price t[...]
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May 22, 2024
Analysis-Europe stock pickers go old-school to ride the next wave in AI
By Lucy Raitano LONDON (Reuters) – European stock pickers are turning to more established sectors like utilities, professional data providers and even copper miners to tap into the next wave of[...]
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Analysis-Earnings from AI-heavyweight Nvidia to test US stocks’ record run
By Lewis Krauskopf NEW YORK (Reuters) – Earnings from semiconductor bellwether Nvidia on Wednesday are set to provide the latest test for a U.S. stock market rally that has taken indexes to reco[...]
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US consumer watchdog will apply credit card rules to buy now, pay later companies
By Hannah Lang (Reuters) -The U.S. Consumer Financial Protection Bureau will apply some credit card consumer protection rules to buy now, pay later (BNPL) lenders, the agency said on Wednesday, in a b[...]
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Brazil’s Haddad says monetary policy still ‘very restrictive’
(Reuters) – Brazil’s finance minister said on Wednesday that the country’s monetary policy is still at a “very restrictive” level despite what he considers good consumer[...]
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FTX’s Bankman-Fried being transferred to new prison, WSJ reports
(Reuters) – Federal officials began the process to transfer Sam Bankman-Fried to a new prison, overriding his wish to stay in New York while helping to prepare his appeal, the Wall Street Journa[...]
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Summit host South Korea says world must cooperate on AI technology
By Joyce Lee SEOUL (Reuters) – South Korea’s science and information technology minister said on Wednesday the world must cooperate to ensure the successful development of AI, as a global[...]
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What are AI PCs?
(Reuters) -The PC just got an AI makeover, raising hopes that the buzzy technology would help revive an industry that has been on a steady decline over the last few years. Here’s everything we[...]
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Analog Devices forecasts robust quarterly revenue on chip market recovery
(Reuters) -Analog Devices forecast third-quarter revenue above Wall Street expectations on Wednesday, helped by a rise in demand for its industrial chips after a prolonged slump, sending its shares up[...]
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