During the rest of the year, the Food Agency lays off its entire staff in stages for two weeks at a time. The Finnish Food Agency, among other things, supervises and investigates the safety and quality of foodstuffs. Illustration picture. Tiina Somerpuro The Food Agency lays off 50 people. The amount has decreased to almost … Read more
The once-legendary tech company Nokia has introduced another AI-powered tool that aims to revolutionize industrial operations. Dubbed “MX Workmate,” this innovative solution uses generative AI big language models to provide real-time insights and recommendations to industrial workers, from identifying faulty equipment to optimizing factory output. The launch of the MX Workmate marks a significant expansion … Read more
NEW YORK, Nov 7 (Reuters) – Minneapolis Federal Reserve President Neel Kashkari said the U.S. central bank still has work to do to control inflation, suggesting he favors a further rise in interest rates. At the end of its monetary policy meeting last week, the Fed once again kept interest rates unchanged and analysts believe … Read more
A weaker-than-expected U.S. nonfarm payrolls report in July pushed the Federal Funds futures market’s implied probability of another rate hike this year to less than 30%. 2008 Washington, D.C. (2023 REUTERS/Jason Reed/File Photo) (Reuters) – U.S. interest rate futures are pricing in a 30% chance of another rate hike this year after July’s weaker-than-expected nonfarm … Read more
On the 30th, the US interest rate futures market priced in the rate hike probability at the Federal Open Market Committee (FOMC) in July slightly decreased from about 90% to about 85%. Pictured is the US Federal Reserve Board (FRB). FILE PHOTO: March 2019. (Reuters/Leah Millis) [３０日 ロイター] – In response to the May US … Read more
John Waldron, president of Goldman Sachs Group Inc., said the bank is planning to prepare for a “mini-stagflation” scenario. FILE PHOTO/Reuters/Mike Blake/File Photo [ニューヨーク ８日 ロイター] – John Waldron, president of Goldman Sachs Group Inc., said on Thursday that the bank is planning to prepare for a “mini-stagflation” scenario. President John Waldron said at a … Read more
In its latest World Economic Outlook, the World Bank forecast growth of 2.1% in 2023, up from 1.7% in its previous forecast released in January. FILE PHOTO/Johannes P. Christo/File Photo/File Photo/File Photo WASHINGTON (Reuters) – The World Bank forecast real GDP growth of 2.1% in 2023 in its latest World Economic Outlook released on Wednesday, … Read more
International Monetary Fund (IMF) chief deputy managing director Gita Gopinath on Monday urged central banks to keep monetary policy tight, saying there was a high risk of inflation remaining high or accelerating in many emerging markets. FILE PHOTO: April 14, 2023. REUTERS/Elizabeth Frantz [ワシントン １７日 ロイター] – International Monetary Fund (IMF) chief deputy managing director … Read more
Director of National Intelligence Haynes, the top US intelligence agency, said that if the US were to default on its debts, China would be expected to use it as an opportunity. FILE PHOTO: Washington, D.C., April 4, 2023. REUTERS/Kevin Lamarque [ワシントン ４日 ロイター] – Director of National Intelligence Haynes, the top US intelligence agency, said … Read more
What is the best way to help employees? Experts say the training works and is more widespread today, but its results are limited. “It’s not about hearing the problem and then moving on,” said Bernie Wong, senior director of vision and leadership at Mind Share Partners, a mental health not-for-profit. The best advice from the … Read more