Global Market: Euro under pressure from energy shock and political risksThe euro has fallen nearly 2% in September as energy prices, political uncertainty and a stronger dollar weigh on the currency. Concerns ov...
US consumer confidence plunges to 12-year low as households fear weaker jobs, economyConsumer confidence in the US experienced a notable decline in September, reaching its lowest level since 2014. This drop suggests househol...
- Anthropic eyes $518 billion AI buildout; backed by 80% non-cancellable deals
The AI startup said it plans to spend at least $111.1 billion with Google , $110 billion with Amazon and $31.4 billion with Microsoft under...
Inside McDonald's push to have AI price your Big MacMcDonald's has implemented artificial intelligence to optimize pricing strategies across its restaurants and franchises. This pricing model...
Global Market: European stocks edge higher, tech shares lead gainsEuropean shares rose 0.3%, led by technology and semiconductor stocks, as investors responded to Anthropic’s AI expansion plans and potenti...
Apple Pay India launch may change payments in iPhones: Expected date, banks supported, UPI access and featuresApple Pay is expected to launch in India next month with Axis Bank credit cards, ahead of wider bank support, Reuters reported. The service...
Global Market: ECB's Lagarde says eurozone inflation has yet to trigger second-round effectsEuropean Central Bank President Christine Lagarde highlighted rising Eurozone inflation linked to increased energy prices. While inflation ...
Global Market: Prediction markets expand into Wall Street territory, raising oversight concernsPrediction markets are expanding into US stocks, indexes and corporate events, with Polymarket and Kalshi driving growth. The trend raises ...
Anthropic's path from AI startup to industry-defining IPOAnthropic's IPO prospectus, reviewed by Reuters, laid out a sweeping vision in which AI would reshape the global economy more profoundly th...
Indian recyclers seek scrapping of pre-shipment inspection, letter showsIndia's leading recyclers' body has asked the federal foreign trade directorate to replace existing scrap import rules based on overseas ce...
Global Market: Hong Kong sets pricing guidance for four-year digital green bondThe Hong Kong government is set to launch a significant four-year euro-denominated green bond in a digital format. With its initial pricing...
Japanese bond yields climb towards multi-decade highs on inflation, BOJ tightening betsJapanese government bond yields climbed on Monday as rising services inflation and Bank of Japan rate-hike expectations weighed on debt pri...
China weighs allowing ByteDance, Alibaba to buy new Nvidia chips: The InformationChina's Ministry of Industry and Information Technology recently asked companies including ByteDance and Alibaba to report their plans to p...
Japanese investors step up domestic bond purchases as foreign demand drops: JSDA dataJapanese investors bought 21.7 trillion yen of coupon-bearing Japanese government bonds between April and August, reaching 89% of their ent...
US Market: Bond fund managers turn cautious as yields, AI debt raise risksLeading US bond fund managers overseeing nearly $700 billion are adopting a cautious stance as Treasury yields near 5% and corporate debt v...
Saudi Arabia issues civil defence alerts for Mecca, Jeddah, Yanbu and Tabuk; flags 'potential danger'Saudi Arabia’s civil defence authorities on Thursday issued alerts warning of potential danger in Mecca, Jeddah, Yanbu and Tabuk, advising ...
Three out of four Americans say AI firms not doing enough to prevent disaster, Reuters/Ipsos poll findsThree-quarters of Americans, some 73%, worry that AI companies haven't gone far enough to prevent AI from causing serious harm to society, ...