MOSCOW (Reuters) – Russian President Vladimir Putin on Wednesday questioned the need to hold state reserves in foreign currencies since they could easily be confiscated for political reasons, saying that domestic investment of such reserves was more attractive. Western countries froze about $300 billion of Russian reserves, accumulated from windfall energy revenues, at the start…
By Kyoko Gasha and Luc Cohen NEW YORK (Reuters) -Brian Thompson, the CEO of UnitedHealth’s insurance unit, was fatally shot on Wednesday morning outside a Midtown Manhattan hotel in what appeared to be a targeted attack by a gunman lying in wait, New York City police officials said. The shooting occurred around 6:45 a.m. ET…
(Reuters) – Apple and Baidu are working to add AI features to iPhones sold in China, but are facing hurdles that could hurt the tech giant’s phone sales in the country, The Information reported on Wednesday. The companies, which are adapting Baidu’s large language models for iPhone users, are grappling with issues such as the…
(Reuters) – The BlackRock Investment Institute (BII) said on Wednesday that it had gone further “overweight” on U.S. equities as greater adoption of AI unlocks buying opportunities across sectors, even with U.S. stocks trading at record highs. The BII, a research and analysis arm of the world’s largest asset manager, said in its outlook note…
