Schneider Electric CEO on AI and Data Centers

In this episode of Bloomberg Intelligence’s Tech Disruptors podcast, Peter Herweck, CEO of Schneider Electric, sits down with Omid Vaziri, Bloomberg Intelligence senior industrials analyst, to examine the market opportunities and challenges of Generative AI and data-center rollout, growth expectations and physical limitations.
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Japans Sept Factory Activity Slips, PMI Shows

TOKYO, Sept 24 Reuters Japan39;s factory activity eased in September due to softer production, although further expansion in the service sector supported overall business momentum, a survey showed on Tuesday. The au Jibun Bank flash Japan manufacturing purchasing managers39; index PMI fell to 49.6 in September from 49.8 in August. The index stayed below the […]
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PBOC Unveils most Aggressive Stimulus since Pandemic

PBOC to cut rates, RRR and provide more property market support China facing deflationary pressures, growth target at risk Analysts say more fiscal stimulus needed to restore confidence BEIJING, Sept 24 Reuters China39;s central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back […]
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BOJ Chief Signals no Rush in Raising Rates Further

BOJ will raise rates if underlying inflation approaches 2 BOJ has no preset schedule in mind on future rate hikes Underlying domestic inflation seen accelerating, Ueda says Ueda warns of unstable markets, US economic uncertainty OSAKA, Sept 24 Reuters The Bank of Japan can afford to spend time scrutinising market and overseas economic developments in […]
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Sterling at TwoYear Peak Versus Euro after PMI Data

Sept 23 Reuters Sterling dipped against the dollar on Monday but touched a new twoyear high versus the euro as business activity readings pointed to diverging economic cycles in the British and euro zone economies. The pound slipped 0.2 to 1.3298, hovering below a more than twoyear high it touched against the dollar on Friday. […]
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