Euro Firms ahead of ECB Decision, Yen Perks Up

SINGAPORE, June 6 Reuters The euro firmed a touch on Thursday ahead of a policy decision from the European Central Bank ECB where traders consider a rate cut all but certain, while the dollar eased on renewed bets of a U.S. Federal Reserve easing cycle expected this year. The Canadian dollar edged slightly higher, trimming […]
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Cisco Launches 1 bln AI Fund and Makes First Investments

STOCKHOLM, Reuters Cisco on Tuesday launched a 1 billion fund to invest in artificial intelligence startups, joining a list of big technology companies rushing to take stakes in small AI firms. The company, through its investment arm, is investing in Cohere, Mistral AI and Scale AI, among others, and has already committed nearly 200 million of the […]
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