Keeps Benchmark Lending

China expectedly keeps benchmark lending rates steady as Beijing assesses stimulus measures

The People's Bank of China said it would keep the one-year loan prime rate at 3.1%, while holding the five-year LPR at 3.6%.

Business - CNBC - 5 hours ago

Lloyds beats earnings forecasts as lending rises

Mortgage book grows as customers take advantage of fall in interest rates

Business - Financial Times - October 23

NatWest profits rise by a quarter as lending and deposits grow

Bank also sets aside £245mn in provisions for bad loans, higher than expectations of £173mn

Business - Financial Times - October 25

Cinemark at ‘inflection point,’ well-placed for postpandemic recovery, Benchmark says

Cinemark Holdings Inc.’s better-than-expected third-quarter results this week bode well for the movie-theater chain amid a broader industry rebound, analysts said.

Business - MarketWatch - November 1

AI groups rush to redesign model testing and create new benchmarks

Rapidly advancing technology is surpassing current methods of evaluating and comparing large language models

Business - Financial Times - November 11

U.S. oil benchmark settles below $70 a barrel on China stimulus disappointment

Oil futures settled at their lowest in nearly two weeks Monday following disappointing economic data from China, the world’s largest crude importer, and expectations for higher U.S. production once ...

Business - MarketWatch - November 11

Oil prices end higher after tapping a 2-week low

Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas drillers under the incoming administration of President-elect Donald Trump.

Business - MarketWatch - 6 days ago

U.S. and Europe Agree to Finalize $50 Billion Ukraine Loan Backed by Russian Assets

Treasury Secretary Janet L. Yellen said an agreement was close. She also rebuked China’s lending practices and called for more debt relief.

Business - The New York Times - October 22

Harris announces record lending from Small Business Administration

With the economy the top issue for many voters, Vice President Kamala Harris is expected to announce record lending from the federal government to small business owners.

Skeletal remains in a castle well lend credence to a centuries-old Norse saga

Scientists have connected 800-year-old skeletal remains found in a well at Norway’s Sverresborg castle to a mysterious figure mentioned in a medieval Norse saga, using advanced DNA analysis.

Upstart’s return to ‘growth mode’ helps send the AI lending stock higher

Loan volumes picked up 43% on a sequential basis.

Business - MarketWatch - November 8

To keep or not to keep - Buttler's big decision

BBC Sport analyses the positives and negatives on whether England captain Jos Buttler should give up the wicketkeeping gloves in white-ball cricket.

AI’s math problem: FrontierMath benchmark shows how far technology still has to go

FrontierMath, a new benchmark from Epoch AI, challenges advanced AI systems with complex math problems, revealing how far AI still has to go before achieving true human-level reasoning.

Tech - VentureBeat - November 11

Google Gemini unexpectedly surges to No. 1, over OpenAI, but benchmarks don’t tell the whole story

Google's Gemini-Exp-1114 AI model tops key benchmarks, but experts warn traditional testing methods may no longer accurately measure true AI capabilities or safety, raising concerns about the ...

Tech - VentureBeat - 4 days ago

Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live

Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...

World - The Guardian - October 21

Patriot — Alexei Navalny’s fight for a ‘beautiful Russia’, in his own words

The memoir of Putin’s murdered opponent is a worthy testament to his courage, defiance and humour

World - Financial Times - October 22

Lend me your ears: great Shakespearean actors given hi-tech talking portraits

A radical new exhibition celebrates stars including Ian McKellen and Patrick Stewart by combining subtly moving artworks with their own voices. The results are uncanny. . Great actors have always ...

World - The Guardian - Yesterday

OpenAI’s Altman Latest Tech Exec to Lend a Hand to New San Francisco Mayor

The AI leader joins the transition team for Mayor-elect Daniel Lurie, an heir to the Levi Strauss fortune and a political neophyte.

Business - Inc. - 15 hours ago

The long end keeps on rising

And emerging markets in a no-landing scenario