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PWC to become OpenAI' largest enterprise customer, WSJ reports May 29, 2024 05:00AM

(Reuters) - Accounting giant PWC will become the largest customer and first reseller of artificial intelligence startup OpenAI's enterprise product, as part of a new deal, the Wall Street Journal reported on Wednesday.

(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Savio D'Souza)


Three Israeli soldiers killed in combat in southern Gaza, military says May 29, 2024 04:42AM

JERUSALEM (Reuters) - The Israeli military said three soldiers had been killed in combat in southern Gaza on Wednesday, as it pressed ahead with its offensive in Rafah.

Three more soldiers were badly wounded in the same incident, the military said, though it provided no further details. Israel's public broadcaster Kan radio said they were hurt by an explosive device set off in a building in Rafah.

(Reporting by Maayan... (continue reading...)


EU should delay implementing some bank rules if US drags feet, Villeroy says May 29, 2024 04:39AM

PARIS (Reuters) - The European Union "could and should" delay the implementation of certain bank capital rules if the U.S. drags its feet too long on fully implementing the Basel III rules, ECB policymaker Francois Villeroy de Galhau said on Wednesday.

President Emmanuel Macron and other French officials have long complained that U.S. banks are not applying the Basel III post-financial crisis capital rules, putting their European rivals at a... (continue reading...)


June ECB rate cut a done deal, majority expects cuts in Sept, Dec too : Reuters poll May 29, 2024 04:36AM

By Indradip Ghosh

BENGALURU (Reuters) - A European Central Bank interest rate cut on June 6 appears certain, according to all 82 economists polled by Reuters, a majority of whom predicted two further reductions in September and December.

But financial markets are pricing only two ECB rate cuts in total in 2024, a sharp pullback from six expected at the start of the year, presenting an uncommon situation where economic forecasters expect... (continue reading...)


Poland to reintroduce buffer zone at Belarus border, PM says May 29, 2024 04:18AM

WARSAW (Reuters) - Poland will reintroduce a 200-metre buffer zone at the Belarus border at the beginning of next week, Prime Minister Donald Tusk said on Wednesday, after a soldier was left fighting for his life after an attack on the frontier.

The border has been a flashpoint since migrants started flocking there in 2021, after Belarus, a close Russian ally, reportedly opened travel agencies in the Middle East to offer a new unofficial route into... (continue reading...)


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