Why the Fed paused its rate hikes: It's tired of playing a giant guessing game
After 10 consecutive interest rate hikes, Federal Reserve officials announced on Wednesday that they would pause their fight against inflation to figure out whether the US economy was fully absorbing all that harsh medicine.
2023-06-16 19:58
China calls hacking report 'far-fetched' and accuses the US of targeting the cybersecurity industry
China's government has rejected as “far-fetched and unprofessional” a report by a U.S. security firm that blamed Chinese-linked hackers for attacks on hundreds of public agencies, schools and other targets around the world
2023-06-16 19:57
Factbox-European companies cut jobs as economy sputters
Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring
2023-06-16 19:55
From Start-Up to Global Leader- ARC Celebrates Its 20th Birthday in Style
EDINBURGH, Scotland--(BUSINESS WIRE)--Jun 16, 2023--
2023-06-16 19:47
BOJ to weigh pros and cons of its tool-kit in review -governor
By Leika Kihara TOKYO The Bank of Japan will scrutinise the effects and side-effects of its unconventional monetary
2023-06-16 19:27
Missiles target Kyiv as visiting African leaders push Ukraine and Russia for peace and grain
A delegation of leaders and senior officials from Africa have arrived in Ukraine seeking ways to end the invaded country's 15-month war and ensure food and fertilizer deliveries to their continent
2023-06-16 19:18
Amazon's $1.7 billion deal to buy Roomba maker iRobot gets UK approval
British antitrust regulators have cleared Amazon’s purchase of robot vacuum maker iRobot
2023-06-16 19:16
Investors pour into equities to 'chase the bull', says BofA
By Samuel Indyk LONDON Investors bought stocks and took money out of cash funds in the week to
2023-06-16 18:54
'Nothing to hide': AIIB will investigate claims of Chinese Communist Party control
A Beijing-based multinational lender is launching an internal review after Canada suspended its ties with the regional development bank, citing explosive claims that the Chinese Communist Party had infiltrated the institution.
2023-06-16 18:47
Gannett tiptoes into generative AI, giving humans the last word
By Helen Coster NEW YORK Publisher Gannett plans to include generative artificial intelligence in the system it uses
2023-06-16 18:28
IMF head welcomes Europe's interest rate hikes in campaign against inflation
The head of the International Monetary Fund has praised the European Central Bank’s decision to raise interest rate for the eighth time in a row
2023-06-16 18:21
Chinese president Xi Jinping stresses US-China cooperation in meeting with Bill Gates
Chinese leader Xi Jinping said the United States and China can cooperate to “benefit our two countries” in a meeting Friday with Microsoft Corp. co-founder Bill Gates
2023-06-16 18:20