Author: Press Room

5/5 © Reuters. Cut diamonds are seen at the diamond exchange in Antwerp, as the G7 weighs a ban on Russian diamond imports to reduce revenues for Moscow’s war in Ukraine, Antwerp, Belgium, October 30, 2023. REUTERS/Johanna Geron 2/5 By Julia Payne ANTWERP, Belgium (Reuters) – Only a few weeks after Russia invaded Ukraine in February 2022, Antwerp-based diamond dealer Thierry Tugendhaft started receiving calls from big jewellers in Paris asking him to stop supplying them with Russian stones. He was not the only one. Other diamond firms in Antwerp, the world’s biggest centre of trade in rough diamonds and…

Read More

© Reuters. Visa (NYSE:), in collaboration with HSBC and Bank, has completed the first phase of a Central Bank Digital Currency (CBDC) trial in Hong Kong. The trial, backed by Beijing’s central government, achieved “near real-time” transfers using tokenized electronic Hong Kong Dollar (e-HKD) deposits while preserving non-bank users’ information privacy. The pilot functioned 24/7 and was part of Visa’s “Digital Hong Kong Dollar” initiative by the Hong Kong Monetary Authority (HKMA). The test focused on the utility of tokenized deposits in interbank business-to-business payments, particularly property payments and settlements between institutions and merchants. The outcomes highlighted faster transaction speeds,…

Read More

Secretary of State Antony J. Blinken will urge the Israeli government to agree to a series of brief cessations of military operations in Gaza to allow for hostages to be released safely and for humanitarian aid to be distributed, White House officials said on Thursday.The message comes as President Biden revealed on Wednesday that Prime Minister Benjamin Netanyahu of Israel had previously agreed to halt shelling briefly on Oct. 20 to allow for the release of two Americans, Judith Raanan, 59, and her daughter, Natalie Raanan, 17.The push for what American officials call “humanitarian pauses” is one of several subjects…

Read More

Alexa is the voice-assistant technology that powers Amazon Echo devices. Alexa once led the sector but has been losing market share to competitors. In the future, Alexa may have more ChatGPT-like generative AI features, a leaked document shows. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Voice-assistant technology is revolutionizing the way we interact with our environments. One major player in this space is Amazon Alexa, Amazon’s virtual voice assistant that can answer your questions and help you manage your smart home. Alexa stands shoulder…

Read More

It is becoming an anxious time for UK recruiters. There are signs that activity in the labour market is starting to cool. Employers are struggling to offer inflation-beating pay rises. And many jobseekers are reluctant to commit.“There is not a huge flow of candidates,” says Doug Rode, managing director for the UK and Ireland at PageGroup, one of the UK’s biggest recruitment companies. “Vacancies have been harder to fill.”He points to trends highlighted by recent research from consultancy Gartner, which found that more than a third of job hunters had received four or more offers during their last job search.…

Read More

© Reuters. FILE PHOTO: A cyclist passes the Federal Reserve building in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo/File Photo LONDON (Reuters) – Next week will have plenty to keep financial market traders and investors busy, including whether the Federal Reserve really has hit peak rates, another possible rate rise in Australia, a batch of European bank earnings and the continuing conflict in Gaza. Here’s your week-ahead primer from Marc Jones and Dhara Ranasinghe in London, Kevin Buckland in Tokyo, Tom Westbrook in Singapore and Lewis Krauskopf in New York. 1/GRAND PLANS Having marched interest rates all the…

Read More

© Reuters. FILE PHOTO: A staffer works on a magnetic resonance imaging machine at a production line of Siemens Healthineers in Shenzhen, China May 25, 2018. REUTERS/Bobby Yip/File Photo MUNICH/FRANKFURT (Reuters) – German medical equipment maker Siemens Healthineers is in the early stages of weighing options for its diagnostics business, which has little overlap with other units, a person familiar with the situation told Reuters. Shares rose by almost 4% to a three-month high of 49.12 euros in early trade on Friday. The review could lead to a sale of the unit but all options remain open, the source said.…

Read More

© Reuters. The Chicago Mercantile Exchange (CME) observed considerable shifts in foreign money futures trading on Friday. The currencies involved included the British Pound, Canadian Dollar, Euro Futures, Japanese Yen, Swiss Franc, Australian Dollar, and Mexican Peso. Remarkable open interest changes were reported in the British Pound (up by 691), Canadian Dollar (up by 7,920), and Euro Futures (up by 3,069). The Japanese Yen saw high estimated sales of 207,237 while the Swiss Franc recorded lower sales of 24,091. Open interests for the Australian Dollar and Mexican Peso were noted at 193,744 and 203,594 respectively. In commodity futures, wheat for…

Read More