US Urges Owners of 720,000 BMW Vehicles to Park Outside Over Fire Risks

WASHINGTON, Nov 13 (Reuters) - ⁠The ⁠National Highway ⁠Traffic Safety Administration ​urged the owners of ‌more than 720,000 ...
U.S. News & World Report

Bank of England to Wait Until February to Next Raise Rates, Say Economists: Reuters Poll

BENGALURU/LONDON, Nov 13 (Reuters) - The Bank of England will wait until ⁠early ⁠next year before raising interest rates again, probably ⁠February, according to economists polled by Reuters, who said ...

Nvidia Fallout Throws Spotlight on Southeast Asia's AI Boom

The AI boom has boosted the region, with Singapore in August raising its economic growth forecast to 4.5%-5.5% this year, from 2.0%-4.0%, citing the AI cycle. In Malaysia, rising data centre ...

Analysis-How US Tech Pain Is European Stock Markets' Gain

Global tech turmoil, exacerbated by the ⁠shock ⁠exit this week of Nvidia chief executive, Jensen Huang, ⁠may be a boon for Europe's stock markets, in a sign that the region's lack of tech giants is ...

Cerebras Shares Surge as Surprise Profit, Forecast Raise Ease AI Spending Worries

Nov 13 (Reuters) - Cerebras Systems' shares ⁠gained ⁠more than 14% in ⁠premarket trading on Friday, after the chipmaker ​raised its annual sales forecast and posted a surprise profit, indicating ...

Demand for European Funds Boosts Global Equity Fund Inflows to Seven-Week High

European funds led inflows into ⁠global ⁠equity funds in the ⁠week to November 11, supported by strong earnings and lower ​crude oil prices, despite a recent selloff in US technology stocks. Net ...

Morning Bid: AI's No Good, Very Bad Week

Nov 13 (Reuters) - There is never a good time for one of the world's wealthiest men and biggest AI boosters to become ensnared in a scandal ⁠involving an ⁠affair with a potential Chinese spy, but this ...

Fed's Warsh to Take Stock of AI Revolution as US Public Grows Wary

Fed officials began focusing on AI even before Warsh ⁠took the helm, with the pace of research and discussion accelerating after the release of the ChatGPT generative AI chatbot in 2022 and the start ...

Nasdaq Futures Dip as Nvidia Tumult Keeps Investors on Edge

Traders are fully pricing in a hike. Some central bank policymakers in recent days have raised ​the prospect of a 50 basis ⁠point (bps) increase, compared to a widely expected modest 25 bps hike. Odds ...
U.S. News & World Report

US Bank Overdraft Fees Jump 9% to Four-Year High, Data Shows

NEW YORK/WASHINGTON, Nov 13 (Reuters) - US banks collected $1.6 billion in overdraft fees in ⁠the ⁠third quarter, up 9.4% from the prior three-month period ⁠and the highest quarterly amount in four ...

South Korea Says Nvidia Will Keep GPU Pledges After Huang's Resignation

SEOUL, Nov 13 (Reuters) - ⁠South ⁠Korea's Science ⁠and ICT Minister Bae Kyung-hoon ​said on Friday that ‌Nvidia had confirmed it ‌would go ⁠ahead ⁠with its previously announced pledge to supply ...