Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
(Reuters) -Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said on Friday, joining a wave of Big Tech firms unveiling hefty investments to capitalize on the technology. As
AT&T secures $850 million from sale-leaseback of real estate to Reign Capital
(Reuters) -AT&T said on Friday it has secured $850 million through the sale-leaseback of its underused central office facilities that house its legacy copper networks to real estate development firm Reign Capital. The U.S. telecom major is planning to exit
More rate hikes likely coming in Brazil as inflation overshoots forecasts
SAO PAULO (Reuters) – Brazil’s annual inflation rate slowed less than expected in early January, official data showed on Friday, cementing the likelihood that the central bank will hike interest rates by 100 basis points at its meeting next week. Consumer
Brazil’s inflation slows less than expected; central bank likely to raise rates
Investing.com — Brazil’s annual inflation rate in early January decelerated less than economists had anticipated, according to official data released on Friday. This development strengthens the probability of the central bank increasing interest rates by 100 basis points in the
UBS sees CNY at risk amid US-China trade policy uncertainty
On Friday, UBS expressed concerns over the potential volatility of the Chinese Yuan (CNY), citing ongoing uncertainties surrounding US-China trade policies. Despite President Donald Trump’s administration not implementing the highly anticipated aggressive trade tariffs on day one, the rhetoric of