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23 Feb

At metaverse event, Meta's Zuckerberg unveils work to improve how humans chat to AI

(Reuters) -Facebook-owner Meta is working on AI research to allow people to have more natural conversations with voice assistants, CEO Mark Zuckerberg said on Wednesday, a step towards how people will communicate with AI in the metaverse.

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23 Feb

Citigroup readies wide-ranging plan to win over skeptics

Citigroup executives will lay out detailed plans for generating better returns and address concerns over expenses at a shareholder meeting next month which analysts and investors say could determine its future.

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23 Feb

ECB should keep steady hand in face of shocks

The European Central Bank should keep a steady hand rather than tighten its policy in the face of external shocks like scarce supply and the green transition, ECB policymaker Mario Centeno said in an article published on Wednesday.

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23 Feb

BoE's Tenreyro sees case for small increase in rates

Bank of England policymaker Silvana Tenreyro said on Wednesday that she - like other BoE policymakers - saw a case for higher interest rates to tackle inflation near a 30-year high, but the extent of tightening needed was uncertain.

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23 Feb

IMF urges Bank of England to be clear about stimulus plans

The International Monetary Fund told the Bank of England on Wednesday to be clear about its plans to withdraw stimulus for Britain's economy, following criticism of the central bank's communications in recent months.

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23 Feb

Chinese developer Shimao-guaranteed $174 million notes due March may not be redeemed - trustee

Some 1.1 billion yuan ($174 million) of asset-back notes guaranteed by Shimao Group may not be redeemed on maturity next month, the trustee of the notes said in a filing, as the debt crisis for Chinese property developers rumbles on.

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23 Feb

ECB has space to gradually normalize policy: Vasle

The European Central Bank should start to gradually normalize monetary policy given building inflationary pressures, Slovenian central bank chief Bostjan Vasle said in a magazine article.

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