Feb 9 (Reuters) - Wall Street futures steadied on Monday, after a week marred by tech stock declines amid AI concerns that dragged the market lower, as investors awaited crucial economic data as well as hints from the U.S. central bank on potential rate cuts.
The S&P 500 and the Nasdaq had rebounded on Friday following three consecutive days of losses, with the AI trade coming under renewed scrutiny after Big Tech companies unveiled heavy capital... (continue reading...)
BRUSSELS, Feb 9 (Reuters) - Meta Platforms on Monday criticised EU regulators after they charged the U.S. tech giant with breaching antitrust rules and threaten to halt its block on AI rivals on its messaging service WhatsApp.
"The facts are that there is no reason for the EU to intervene in the WhatsApp Business API. There are many AI options and people can use them from app stores, operating systems, devices, websites, and industry... (continue reading...)
By Rajendra Jadhav and Mayank Bhardwaj
NEW DELHI, Feb 9 (Reuters) - The United States and India have released an interim framework for a trade deal, paving the way for an agreement that would lower tariffs, reconfigure energy ties and deepen economic cooperation as both seek to realign global supply chains.
The India–U.S. joint statement suggested that New Delhi pushed back against Washington's efforts to broadly open its agricultural... (continue reading...)
LONDON, Feb 9 (Reuters) - British Prime Minister Keir Starmer told his staff on Monday that politics should be a force for good and emphasised the importance of moving forward, following the resignation of his chief of staff and director of communications.
Starmer's top aide Morgan McSweeney quit on Sunday over his role in backing Peter Mandelson over his known links to Jeffrey Epstein. His director of communications Tim Allan resigned earlier... (continue reading...)
By Layli Foroudi
PARIS, Feb 9 (Reuters) - Migrants deported from Britain to France under the new "one-in one-out" scheme did not have enough access to translators, legal advice or information about what would happen to them next, inspectors said in a report published on Monday.
Twenty people removed on a flight in November were offered a translator who spoke Arabic and French, but hardly any of them knew those languages, the UK prison... (continue reading...)
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