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ECB’s Kazimir shifts focus to gas prices, sees upside inflation risk
2+ hour, 42+ min ago (336+ words) FRANKFURT, Sept 14 (Reuters) – Euro zone inflation could turn out higher than already elevated projections and the development of natural gas and power prices is becoming a key concern, European Central Bank policymaker Peter Kazimir said on Monday. The ECB raised…...
China state newspaper blasts Anthropic’s calls to slow AI as ‘Cold War’ tactic
6+ hour, 39+ min ago (343+ words) BEIJING, Sept 14 (Reuters) – An essay by Anthropic’s CEO calling for a slowing down of AI development may look like a rational statement focused on safety risks, but it is really a “Cold War playbook” targeting China, the state-backed Global Times…...
Goldman Sachs now expects Fed to hike rates in September
7+ hour, 57+ min ago (138+ words) Sept 13 (Reuters) - Goldman Sachs now expects the U.S. Federal Reserve to raise interest rates by 25 basis points at its September policy meeting, reversing its previous forecast for rates to remain unchanged. The Wall Street bank said in a... Sept 13 (Reuters)…...
Trump dismisses report China entities helped Iran before attack that killed US troops
9+ hour, 56+ min ago (264+ words) ABOARD AIR FORCE ONE, Sept 13 (Reuters) – U.S. President Donald Trump on Sunday brushed aside a report that Iran acquired satellite images of a base in Jordan from Chinese entities before an attack that killed three U.S. troops there in…...
Dollar steady, yen near 7-month high ahead of Fed, BOJ meetings
10+ hour, 18+ min ago (641+ words) SINGAPORE, Sept 14 (Reuters) – The dollar was steady on Monday, with the yen holding on to its recent sharp gains and hovering near a seven-month high as investors pondered possible rate hikes from the Federal Reserve and Bank of Japan in…...
Chinese defence forum set to open amid roiling regional tensions
10+ hour, 44+ min ago (616+ words) By Greg Torode and Mei Mei Chu HONG KONG, Sept 14 (Reuters) – China’s military leadership is expected to outline its aims for global security when it hosts its annual defence forum this week amid churning tensions in its own neighbourhood over…...
Kennedy Center on brink of bankruptcy, could close as early as Tuesday, Washington Post reports
10+ hour, 36+ min ago (156+ words) Sept 13 (Reuters) - Leaders of the John F. Kennedy Center for the Performing Arts say it is on the brink of bankruptcy and could close as early as Tuesday, the Washington Post reported on Sunday. The leaders, installed by U.S. President…...
Diplomacy stumbles with postponement of meeting on Strait of Hormuz proposal
11+ hour, 45+ min ago (813+ words) By Mohammed Ghobari, Nayera Abdallah and Bo Erickson ADEN/DUBAI, Sept 14 (Reuters) – Middle East diplomacy appeared to falter heading into Monday with the postponement of a meeting between Iran and other Persian Gulf powers, while fresh attacks around the region’s…...
Michael Dell’s DFO Management nears take-private deal for Baldwin Insurance Group, FT reports
11+ hour, 23+ min ago (156+ words) Sept 13 (Reuters) – Dell CEO Michael Dell’s DFO Management is nearing a take-private deal for insurance brokerage firm The Baldwin Insurance Group, the Financial Times reported on Sunday. DFO Management is in advanced talks with Baldwin over a deal which is…...
Okinawa election win may give Tokyo freer hand on military build-up
11+ hour, 22+ min ago (305+ words) TOKYO, Sept 14 (Reuters) – A candidate backed by Japanese Prime Minister Sanae Takaichi’s government won Okinawa’s gubernatorial election on Sunday, ousting an opponent of Tokyo’s military build-up across the strategically important island chain near Taiwan and China. Genta Koja, 42, defeated two-term…...