Microsoft to make $4.8 billion AI, cloud investment in Italy
MILAN (Reuters) – Microsoft plans to invest 4.3 billion euros ($4.8 billion) over the next two years to strengthen its ar..
Technology
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France to stick with wind power development targets
PARIS (Reuters) – France is aiming for a target growth rate of 1.5 gigawatts (GW) per year in onshore wind power, Energy ministe..
Headlines
Stocks stable, oil rises as wary investors eye Middle East hostilities
By Sinéad Carew, Lawrence White NEW YORK/ LONDON (Reuters) -MSCI’s global equities index was up very slightly on Wednesday whi..
Investing
ECB’s top conservative shifts tone with sanguine inflation message
FRANKFURT (Reuters) -Euro zone inflation is increasingly likely to ease back to the European Central Bank’s 2% target on a durab..
Headlines
Dollar gains as ADP shows better than expected jobs gains
By Karen Brettell NEW YORK (Reuters) – The dollar hit a three-week high against the euro on Wednesday after the ADP national e..
Finance
Euro area long-dated yields rise after sharp drop, geopolitics in focus
By Stefano Rebaudo (Reuters) – Euro area government bond yields rose on Wednesday, a day after long-dated yields posted their ..
Business
LME monitors tightness in aluminium market after spike in spread
By Eric Onstad LONDON (Reuters) – The London Metal Exchange (LME) is tracking tightness in the aluminium market, which has see..
Headlines
Sainsbury’s boss looks to UK budget to lift spending gloom
By James Davey COBHAM, England (Reuters) – Britons bruised by a cost of living crisis will not start spending strongly again unt..
Business
Big oil’s big payouts under strain as energy prices fall
By Ron Bousso LONDON (Reuters) – Major energy companies are set to borrow billions to maintain shareholder payouts or cut the ra..
Headlines
Bonds rally, dollar firms as traders ponder rate cuts
By Yoruk Bahceli (Reuters) -Government bonds rallied on Tuesday as euro zone inflation data boosted the case for faster European Centr..
Finance