(Reuters) - Global equity funds experienced strong demand for the third consecutive week, in the seven days to May 15, bolstered by a softer U.S. jobs report and lower-than-expected inflation figures, which increased expectations that the Federal Reserve may begin cutting rates this year.
Investors purchased a net $10.27 billion worth of global equity funds during the week after about $12.54 billion worth of net purchases a week ago, data from LSEG... (continue reading...)
(Reuters) - Britain's competition watchdog said on Friday the partnership between Microsoft and Mistral AI did not qualify for an investigation.
The announcement comes after the Competition and Markets Authority (CMA) said in April it was seeking comments on the AI partnerships between the firms, as well as between Amazon and Anthropic.
At the time, the regulator said it had not formed any conclusions on whether the deals fell within UK... (continue reading...)
By Nidal al-Mughrabi
CAIRO (Reuters) - Israeli forces battled Hamas fighters in the narrow alleyways of Jabalia in northern Gaza on Friday in some of the fiercest engagements since they returned to the area a week ago, while in the south militants attacked tanks massing around Rafah.
Residents said Israeli armour had thrust as far as the market at the heart of Jabalia, the largest of Gaza's eight historic refugee camps, and that... (continue reading...)
By Lisandra Paraguassu
PORTO ALEGRE, Brazil (Reuters) - Tens of thousands of Haitians and Venezuelans who found refuge in southern Brazil after escaping hunger, violence and natural disasters are being forced once more to rebuild lives now wrecked by record flooding in Rio Grande do Sul state.
Reginald Descilong left Haiti after he lost family and friends in the devastating 2010 earthquake. He got to Brazil three years later, crossing... (continue reading...)
By Lucila Sigal
BUENOS AIRES (Reuters) - Argentine conservationists have returned a rare and unusual-looking animal, a maned wolf, to the wild around Buenos Aires, with its long black legs and red-fur making the creature look like a fox on stilts or perhaps wearing knee-high boots.
The endangered species, whose natural habitat is usually in the hot northeast of the country, has slowly migrated south, which experts said was linked to land... (continue reading...)
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