Sweden’s GDP Unexpectedly Shrinks for Third Straight Quarter

Fourth-quarter GDP fell 0.1% on quarter, trailing forecasts Data shows Sweden’s economy is less resilient to rate hikes Sweden’s economy fared worse in the final quarter of last year than seen previously, upending a narrative in which the biggest Nordic nation had...

Malaysia on Brink of Intervention as Ringgit Nears Threshold

Government committed to strengthening the ringgit’s position Central bank may intervene around 4.8 per dollar: State Street Malaysia’s central bank is “always ready” to curb the ringgit’s volatility, a senior finance official said, as investors eye a key threshold in...

Microsoft Probes Reports Bot Issued Bizarre, Harmful Responses

In one incident, Copilot offered mixed message on suicide Company says users deliberately tried to trick the chatbot Microsoft Corp. said it’s investigating reports that its Copilot chatbot is generating responses that users have called bizarre, disturbing and, in...

Lowe’s Sales Suffer as Home Improvement Slowdown Persists

Consumers taking on smaller projects, hurting kitchen sales Home improvement retailer is rolling out a DIY loyalty program Lowe’s Cos. said its sales will fall further this year as consumers continue to hold off from sprucing up their homes amid higher mortgage rates...

Office Tower Deal for $1 Reveals Anxiety Among Longtime Buyers

Largest Canadian pension takes steps to limit office exposure Fund’s discounted sales may have ripple effects in the market Canadian pension funds have been among the world’s most prolific buyers of real estate, starting a revolution that inspired retirement plans...