ECB raises rates by 50 basis points, signals similar hikes QT will start in March Eurozone recession looms Upside Inflation Risks FRANKFURT, Dec 15 (Reuters) – The European Central Bank…
Tag: GEN
Biden blacklists China’s YMTC, cracks down on AI chip industry
WASHINGTON, Dec 15 (Reuters) – The Biden administration on Thursday added Chinese memory chipmaker YMTC and 21 “important” Chinese players in the artificial intelligence chip sector to a trade blacklist,…
France scrambles to avoid power cuts as cold snap tests Europe’s energy resolve
Europe filled gas storage, planned for reduced use So far, the reduction in energy consumption has coincided with warmer weather Analysts say cold snap will test supplies Glitch plunges Parisian…
Meta takes on the US antitrust agency over the future of virtual reality
SAN JOSE, Calif./WASHINGTON, Dec 8 (Reuters) – The Biden administration on Thursday accused Meta Platforms Inc. (META.O) to try to buy his way to dominance in the metaverselaunching a high-profile…
Qatar signs 27-year deal with China as LNG competition intensifies
Kaabi says discussions with other Chinese and European buyers are ongoing Says buyers can take up to 5% stake in expansion Agreement indicates importance of long-term secure supply DOHA, Nov…
Cryptoverse: Bitcoin wants to break its link with stocks
Nov 1 (Reuters) – After months of tears and tantrums, bitcoin wants to break away from stock markets. The cryptocurrency, which has been closely correlated to tech stocks for much…
US and European stocks rise; dollar retreats
WASHINGTON/LONDON, Oct 25 (Reuters) – Wall Street continued to rise on Tuesday as weak data fueled hopes the Federal Reserve will slow its aggressive pace of rate hikes and European…
Gas crisis set to worsen after Europe runs out of winter stocks
European gas storage tanks about 90% full Gazprom resumes exports to Italy The Kremlin wants to participate in the investigation of the Nord Stream leaks EU divided over gas price…
Credit Suisse in market spotlight despite moves to ease concerns
Credit Suisse caught in market turmoil ahead of overhaul Shares fell as much as 11.5% before recouping losses The Bank’s euro-denominated bonds hit historic lows Swiss bank says its capital…
S&P downgrades UK ratings outlook after tax cut plan
LONDON, Sept 30 (Reuters) – Ratings agency Standard & Poor’s on Friday downgraded its AA credit rating outlook for Britain’s sovereign debt to “negative” from “stable” as it believed plans…