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Category: SRN News

Swedish parliament votes against Social Democrats leader as PM, as expected

STOCKHOLM, Oct 15 (Reuters) – Sweden’s parliament on Thursday rejected Social Democrats leader Magdalena Andersson’s bid to form a minority government, as widely expected, extending a period of uncertainty over who will become prime minister after last month’s general election. Four centre-left opposition parties, which…

Morning Bid: CoreWeave unravels

(Corrected the capitalization in the company name CoreWeave.) By Mike Dolan Oct 15 (Reuters) – What matters in US and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Is an October Fed hike back on the table? The release of hot headline and…

India’s Wipro beats second-quarter revenue expectations, deal bookings drop

BENGALURU, Oct 15 (Reuters) – Wipro, India’s fourth-largest IT company, reported higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its European clients and artificial intelligence unlocking new revenue streams. The company’s consolidated revenue rose 9.1% to 247.53 billion rupees ($2.60 billion) in…

Warsh’s quest for quiet Fed gets vocal pushback

By Ann Saphir and Howard Schneider SAN FRANCISCO/WASHINGTON, Oct 15 (Reuters) – Federal Reserve Chairman Kevin Warsh’s call for a “quieter” central bank is facing pushback from colleagues who see public communication as a fundamental part of their job and have taken to TV, podcasts,…

Israeli firm used online ads to run vast spy operation, researchers say

By Raphael Satter WASHINGTON, Oct 15 (Reuters) – Israeli digital advertising agency Discover-Tech spied on internet users through a sprawling network of online ads that it used to track targets and help hack their devices, two research groups said on Thursday. Its services gave Israel’s…

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