Generative AI is poised to be a $1.3 trillion market by 2032 as it boosts sales for the tech industry’s hardware, software, services, ads and gaming segments.

Amazon.com Inc.’s cloud services division is halting fees it has long charged customers that switch to a rival provider.

LONDON, March 8 Reuters Stock benchmarks hit new lifetime highs on Friday, buoyed by the prospect of interest rate cuts in the United States and Europe in coming months, with U.S. jobs numbers the next data milestone ahead of Wall Street39;s open. As stocks scaled fresh peaks, bond yields and the dollar fell, while gold hit new highs for the fourth straight session. While […]

Gold extends rally to eight straight session Gold set for best week in 5 months Eyes on U.S. jobs data due at 1330 GMT March 8 Reuters Gold prices hit record highs for a fourth consecutive session on Friday on growing speculations over June interest rate cuts ahead of key U.S. jobs data due later […]

LONDON, March 8 Reuters European stocks, government bond prices and the euro rose slightly on Friday after the U.S. unemployment rate increased and earnings growth slowed, supporting expectations that the Federal Reserve could cut interest rates by the summer. The panEuropean STOXX 600 was last up 0.2 at a fresh record high. The euro was up […]

Previous Trading Days Events 07.08.2024 The European Central Bank ECB kept borrowing costs at record highs with the decision to hold all three key rates steady, saying it had made good progress in bringing down inflation and that cuts could take place this year. New forecasts are pointing to lower inflation and growth. ECB policymakers […]