Reuters UK/EU

By Arsheeya Bajwa (Reuters) -IBM forecast full-year revenue growth above market estimates on Wednesday, banking on stable demand for its IT software and consultancy services from businesses looking to adopt artificial intelligence (AI). Shares of the company were up more than 8% in extended trading. The company will also lay off some employees in 2024 …

IBM forecasts annual revenue growth above estimates on AI adoption rush Read More »

By Arsheeya Bajwa (Reuters) -IBM forecast full-year revenue growth above market estimates on Wednesday, banking on stable demand for its IT software and consultancy services from businesses looking to adopt artificial intelligence (AI). Shares of the company were up more than 8% in extended trading. The company will also lay off some employees in 2024 …

IBM forecasts annual revenue growth above estimates on AI adoption rush Read More »

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank will keep interest rates unchanged at a record high on Thursday and is likely to push back on investor bets for aggressive policy easing this spring, despite recession risks and a rapid slowdown in inflation. The ECB ended its quickest rate hiking …

ECB to keep pushing back on rate cut bets despite anaemic growth Read More »

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank will keep interest rates unchanged at a record high on Thursday and is likely to push back on investor bets for aggressive policy easing this spring, despite recession risks and a rapid slowdown in inflation. The ECB ended its quickest rate hiking …

ECB to keep pushing back on rate cut bets despite anaemic growth Read More »

By Yamini Kalia (Reuters) – Seagate Technology forecast its third-quarter revenue in line with analysts’ estimates on Wednesday, in a sign that the ongoing recovery in the personal computer (PC) and cloud market will aid demand for its data storage products. The introduction of artificial intelligence-powered PCs this year and a stabilizing economy are expected …

Seagate sees Q3 revenue in line with market estimates on recovering PC market Read More »

LONDON (Reuters) -Luis Diaz scored an early goal to put Liverpool back in familiar territory after booking their berth in the club’s 14th League Cup final with a 1-1 draw with Fulham in the second leg of their semi-final tie at Craven Cottage on Wednesday. The record nine-times League Cup winners beat Fulham 3-2 on …

Soccer-Diaz delivers as Liverpool reach League Cup final after 1-1 draw with Fulham Read More »

LONDON (Reuters) – So-called “zombie knives” and machetes will be banned in England and Wales from September, the British government said on Wednesday, making it illegal to possess, sell, manufacture or transport them as it seeks to assuage concerns over knife crime. Legislation will be introduced to parliament on Thursday, the Home Office said, with …

‘Zombie knives’ to be banned in England and Wales from September Read More »

LONDON (Reuters) – So-called “zombie knives” and machetes will be banned in England and Wales from September, the British government said on Wednesday, making it illegal to possess, sell, manufacture or transport them as it seeks to assuage concerns over knife crime. Legislation will be introduced to parliament on Thursday, the Home Office said, with …

‘Zombie knives’ to be banned in England and Wales from September Read More »

JERUSALEM (Reuters) -Qatar on Wednesday said Israeli Prime Minister Benjamin Netanyahu was obstructing mediation efforts in the Gaza war after a leaked recording allegedly captured him calling the Gulf state “problematic”. “We are appalled by the alleged remarks attributed to the Israeli Prime Minister in various media reports about Qatar’s mediation role,” Qatar’s foreign ministry …

Qatar says Netanyahu’s reported criticism undermines Gaza mediation Read More »

JERUSALEM (Reuters) -Qatar on Wednesday said Israeli Prime Minister Benjamin Netanyahu was obstructing mediation efforts in the Gaza war after a leaked recording allegedly captured him calling the Gulf state “problematic”. “We are appalled by the alleged remarks attributed to the Israeli Prime Minister in various media reports about Qatar’s mediation role,” Qatar’s foreign ministry …

Qatar says Netanyahu’s reported criticism undermines Gaza mediation Read More »