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By Carmel Crimmins Oct 15 (Reuters) — Hello there. The global selloff in the AI trade is sending investors piling into government bonds. They’re searching for safe havens as rising interest rates stoke concern about whether the billions poured into artificial intelligence will deliver sufficient returns. US Treasuries
SoftBank reported a 1.8 trillion yen investment gain and net income of 347 billion yen for the quarter. Executives discussed AI infrastructure investments, including plans for a 5-gigawatt data center in France.
France’s President Macron: We need to do all we can to ensure petrol pump prices can be lowered as much as possible
France’s 10-year sovereign yield has risen to around 4.90%, the highest since 2002, with the spread to Germany at its widest since the euro zone crisis. The commentary says the move reflects worsening public finances, political dysfunction and weak growth.
To gain an edge, this is what you need to know today. Jobs Report Shocker Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE: SPY ) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market is rising this morning. There are two reasons beh
Reuters explains the likely succession process as the euro zone prepares to choose a new ECB president next year and fill up to two-thirds of the six-member executive board. It says Isabel Schnabel is leaving for the IMF, Philip Lane's term ends on May 31 and Christine Lagarde's term runs until October 31, 2027.
President Donald Trump and Iranian President Masoud Pezeshkian digitally signed a memorandum of understanding aimed at developing a permanent peace deal to end the war between their two nations, officials said. Trump earlier said he liked the idea of blaming Vice President JD Vance if a deal to end the war with Iran do