2+ day, 18+ hour ago   (188+ words) WASHINGTON, Sept 10 (Reuters) - The IMF on Thursday said the global ​economy had weathered the ‌energy shock caused by the war in the Middle East better than feared ‌and ​global economic ⁠output was still ⁠expected to expand by about 3% in 2026, but…...

3+ day, 4+ hour ago   (463+ words) LONDON, Sept 10 (Reuters) – AI’s rapid rise is creating new financial stability risks, Bank for International Settlements head Pablo Hernandez de Cos said, with spending on related infrastructure already at a scale significant enough to influence global economic conditions. For central…...

1+ week, 2+ day ago   (270+ words) By Heejin Kim and Hyunjoo Jin SEOUL, Sept 4 (Reuters) – South Korea and the United States are discussing semiconductor investments in the U.S. as part ​of broader bilateral talks, a Seoul official ‌told reporters on Friday. The presidential official was responding…...

1+ week, 2+ day ago   (140+ words) SEOUL, Sept 4 (Reuters) – Four U.S. companies have committed a combined $2 billion of ​investment in South Korea ‌across semiconductors, advanced materials and energy, Seoul’s Industry Ministry said on Friday. The investments were announced ‌during ​a ceremony ⁠attended by Industry ⁠Minister Kim…...

1+ week, 2+ day ago   (155+ words) WASHINGTON, Sept 3 (Reuters) – U.S. worker productivity growth picked up in the second quarter, ​the government confirmed on ‌Thursday, helping to keep labor costs in check. Nonfarm productivity, which measures hourly output per worker, increased at an ‌unrevised ​1.4% annualized rate ⁠last…...

1+ week, 2+ day ago   (219+ words) Sept 3 (Reuters) – PlusAI has agreed to go public through a merger with blank-check firm Texas Ventures Acquisition III Corp ​in a deal valuing the autonomous ‌trucking software developer at about $800 million in pre-money equity value, the companies said on Thursday....

1+ week, 3+ day ago   (105+ words) Sept 2 (Reuters) – Uber Technologies will cut 3,300 jobs, or ​roughly 10% ‌of its global workforce, as part of an overhaul, as it ‌looks ​to reduce ⁠the number ⁠of managers, the company said on Wednesday. The cuts will reduce ​the number of managers…...

1+ week, 4+ day ago   (404+ words) A look at the day ahead in European and global markets from Gregor Stuart Hunter Bond yields are hitting new milestones as fighting resumes between the U.S. and Iran and oil prices surge, sending Brent crude ​above $95 and the yield on…...

1+ week, 4+ day ago   (153+ words) BRASILIA, Sept 1 (Reuters) – Brazil’s Congress on Tuesday approved a bill exempting data-center-related equipment ​from federal taxes, part of ‌the government’s plan to lure such projects to the country. • The Senate approved the bill on Tuesday, ‌following ​a previous greenlight ⁠from…...

1+ week, 4+ day ago   (238+ words) SAO PAULO, Sept 1 (Reuters) – Brazil’s economic growth slowed in the second quarter as elevated borrowing costs continued to weigh on ​activity, though the expansion was slightly stronger ‌than expected thanks to a robust performance from the farm sector. Gross domestic…...