Microsoft on Wednesday announced new artificial intelligence features and functionality for several of its flagship products and services, including Office 365, Cortana and Bing, at an event in San Francisco. Harry Shum, EVP of Microsoft Artificial Intelligence and Research, demonstrated some of the new capabilities Building on the progress the company has made in integrating Read More…
Shares in Europe open slightly higher Wednesday as concerns over the Turkish currency crisis continue to affect investors’ appetite. However, trading flows were also sluggish as a number of European bourses are closed due to a public holiday, including Italy, Greece and Austria. The pan-European Stoxx 600 was up by 0.18 percent with most sectors Read More…
Turkey’s central bank needs to raise interest rates to contain the country’s financial crisis, veteran economist Stephen Roach told CNBC on Monday. Earlier in the day, Turkish lira dropped to a new all-time low of 7.24 against the U.S. dollar. It later pared some of those losses to trade around 6.99. “The markets clearly want much more decisive action,” Read More…
