For markets, AI efficiency may bring volatility: McGeever

By Jamie McGeever ORLANDO, Florida (Reuters) -Technology has been the main driving force behind the evolution of financial markets in recent decades, with the explosion of automated and algorithmic trading fostering the eye-popping speed, efficiency, and liquidity that traders and investors enjoy today. Artificial intelligence is likely to accelerate these positive changes and revolutionize financial …

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China national recycling group holds first meeting in Tianjin, Xinhua reports

BEIJING (Reuters) – China advanced plans to build a national recycling group with the founding meeting for the China Resources Recycling Group held in northern China’s Tianjin, state-owned Xinhua news agency said on Friday. The meeting comes after China’s state planner said in September it supports the establishment of a national resources recycling group as …

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CD Projekt’s former CEO Kicinski quits management board, to run for supervisory board

GDANSK (Reuters) – CD Projekt’s chief strategy officer and former CEO Adam Kicinski will step down from the Polish video game maker’s management board at the end of 2024 and confirmed his plans to run for the supervisory board, the company said late on Thursday. “I believe that my 30 years’ worth of experience at …

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Tunisian MPs propose bill stripping central bank of exclusivity on interest rates, ending its independence

By Tarek Amara TUNIS (Reuters) – Tunisia’s central bank will no longer have the exclusive power to adjust interest rates or foreign exchange policy, and must only take such action in consultation with the government, but it will be allowed to finance the treasury, a bill proposed by lawmakers showed on Friday. The step is …

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Netflix tops subscriber targets as ad-tier signups grow

By Lisa Richwine, Dawn Chmielewski, Harshita Mary Varghese LOS ANGELES (Reuters) -Netflix picked up 5.1 million streaming subscribers in the third quarter, topping Wall Street estimates by more than 1 million, and said it expected higher customer growth around the holidays when Korean drama “Squid Game” returns.  Shares of Netflix rose 4.8% in after-hours trading …

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Japan’s core inflation slows on fuel subsidies, demand-driven pressure intact

By Leika Kihara TOKYO (Reuters) -Japan’s core inflation slowed in September due to the rollout of energy subsidies but an index excluding the effect of fuel held steady, a sign that broadening price pressure will keep the central bank on track to raise interest rates further. A Reuters poll, however, showed inflation in Tokyo – …

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