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Gewan AI, Eros Investment sign strategic partnership promoting AI innovation on back of Investopia 2024

ABU DHABI / WAM Investopia 2024 saw the signing of a strategic partnership between Gewan AI and Eros Investments to enhance cooperation and share experiences in AI, innovation and advanced technology solutions and applications. Attended by Abdulla bin Touq Al-Marri, Minister of Economy, Chairman of Investopia, Ali Hussein, CEO of Immerso AI, a subsidiary of Eros Investment, and Dr Ghada ...

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British inflation falls by more than expected in February

LONDON / WAM Price rises in the UK eased by more than anticipated in February, official figures showed on Wednesday, raising expectations that the Bank of England may start cutting interest rates in the next few months. The Office for National Statistics said inflation, as measured by the consumer price index, fell to 3.4 percent, its lowest level since September ...

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Stocks range-bound ahead of Federal Reserve meet, Yen falls

ABU DHABI / WAM/ BLOOMBERG Stocks in Asia were mixed after US equities touched fresh peaks ahead of the Federal Reserve’s decision, with eyes on the future pace of rate cuts. The yen extended its decline. Chinese equities gained as the country’s banks kept their benchmark lending rates unchanged. Focus is on a slew of key earnings including from Tencent ...

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