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ATHENS (Reuters) -Greece’s economic growth is likely to slow to just 1.1% this year from a 5.1% clip in 2022 as soaring energy costs and continued uncertainty about the war in Ukraine hurt spending and investment, the OECD said on Tuesday. Since the lifting of COVID restrictions, the Greek economy has recovered strongly thanks to …

Greek economy to slow in 2023 as energy costs, Ukraine war hit spending -OECD Read More »

By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) – Bridgewater has doubled its fund assets in China to more than 20 billion yuan ($2.93 billion) over the past year, according to two sources and government data, a feat that cements its position as the biggest foreign hedge fund in the country. The jump was …

Dalio’s Bridgewater cements rank in 2022 as top foreign hedge fund in China Read More »

(Reuters) – Microsoft Corp is said to be in talks to invest $10 billion into OpenAI, the owner of ChatGPT, Semafor reported on Monday, citing people familiar with the matter. The funding includes other venture firms and will value San Francisco-based OpenAI at $29 billion, the report said. OpenAI made the ChatGPT chatbot available for …

Microsoft in talks to invest $10 billion in ChatGPT owner -Semafor Read More »

By Karen Freifeld (Reuters) – Former New York Mayor Rudy Giuliani, who helped to amplify former President Donald Trump’s false claims about widespread fraud in the 2020 election, has been subpoenaed by federal prosecutors seeking documents about payments he received from Trump or his presidential campaign, a person familiar with the matter said on Monday. …

Trump ally Rudy Giuliani subpoenaed by federal prosecutors -source Read More »

(Reuters) -Beverage giants Coca-Cola Co and PepsiCo Inc are under preliminary investigation by the U.S. Federal Trade Commission (FTC) over potential price discrimination in the soft drink market, Politico reported on Monday citing sources. The pricing strategies of both companies are being scrutinized under the Robinson-Patman Act, the report said. The U.S. antitrust law prevents …

U.S. FTC probes Pepsi, Coca-Cola over price discrimination – Politico Read More »

By David Shepardson WASHINGTON (Reuters) – New Jersey and Ohio said on Monday they were joining other states in banning use of the popular video app TikTok on government-owned and managed devices. New Jersey Governor Phil Murphy, a Democrat, said in addition to banning the short-video app owned by Chinese technology conglomerate ByteDance from state …

New Jersey, Ohio join other states in banning TikTok from state devices Read More »

By Andrew Hay (Reuters) -Police in New Mexico on Monday said they had arrested a man in connection with shootings at the homes and offices of six elected Democratic officials, incidents that have raised concerns of political violence. “There is a suspect in custody, on unrelated charges, related to these incidents,” Albuquerque police Chief Harold …

New Mexico police arrest suspect in shootings at Democratic officials’ homes Read More »