MILAN (Reuters) - Italy's data protection agency said on Friday it had opened an investigation into a service developed by Microsoft-backed Open AI that can generate videos based on text prompts. The regulator, known as Garante, asked Open AI to clarify whether the...
Category
Economy
JPMorgan adds new Turkey rate hike forecast after inflation jump
LONDON (Reuters) - Stronger-than-expected Turkish inflation data led JPMorgan on Monday to add another 500 basis point interest rate hike to their forecasts for the country in April, a move that, if correct, would hoist Turkey's headline rates to 50%. The U.S....
Global debt hits new record high at $313 trillion -IIF
By Jorgelina do Rosario LONDON (Reuters) - Global debt levels hit a new record high of $313 trillion in 2023, with developing economies scaling a fresh peak for the ratio of debt to their gross domestic product, a study showed. The Institute of International Finance...
China set to leave lending benchmark LPRs unchanged – poll
Higher penalties coming for export control violations -US Commerce official
Analysis-Global banks see no recession, US companies are more circumspect
Mexico inflation likely accelerated in early December, core rate seen easing: Reuters poll
Explainer-What does Argentina’s ‘shock therapy’ economic package involve?
