Tag: REU

Mar 4

Sri Lanka’s rate hike shows commitment to rapid disinflation – IMF

Article content COLOMBO — Sri Lanka’s decision to raise interest rates shows the crisis-hit country’s commitment to reducing inflation quickly towards single-digit levels, the International Monetary Fund (IMF) said on Saturday. In a surprise move, the South Asia nation’s central bank raised rates by 100 basis points on Friday to battle inflation, which is at […]
Mar 4

Nvidia’s plans for sales to Huawei imperiled if U.S. tightens Huawei curbs-draft

Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Alexandra Alper Published Mar 03, 2023  •  3 minute read Join the conversation Article content WASHINGTON — U.S. chipmaker Nvidia Corp’s plans to sell technology to China’s Huawei would be thwarted if the U.S. government proceeds with a proposal to further restrict shipments […]