Jun 4, 2024 | Markets
Company is seeking ‘secure and reliable’ AI services Cisco has already invested in Mistral AI and Scale AI Cisco Systems Inc. plans to invest $1 billion in startups that are working on what it calls “secure and reliable” artificial intelligence services, part of a...
Jun 4, 2024 | Markets
Strong wage growth risks slowing return of inflation to 2% Governing Council to lower rates by quarter-point on Thursday Strong economic data and vocal European Central Bank hawks are pushing some analysts and investors to waver in their expectations for interest-rate...
Jun 3, 2024 | Markets
Developer is counting on a rebound in sales to end cash woes Chinese authorities have stepped up measures to support market China Vanke Co.’s sales slump moderated in May, as a thaw in housing market sentiment boosted the state-backed developer that’s become a focus...
Jun 3, 2024 | Markets
Rise in pig prices doesn’t mean the pork cycle has turned Fewer smallholders has put industry on a better footing China’s hog farmers may have turned a corner after a surge in profits last month, but a sustained improvement in the industry’s fortunes could still prove...
Jun 3, 2024 | Markets
Ten-year Treasury yield slips to the lowest in over a week Investors look to manufacturing, jobs data to price Fed cuts Treasuries rose, taking benchmark yields to the lowest levels in more than a week, after US manufacturing data reinforced bets the Federal...
