Asian Markets Track Another Wall St Record On Rate Hopes
Asian stocks rallied Wednesday, following another record performance on Wall Street as traders continue to bet on the US Federal Reserve slashing interest rates several times next year.
US Stocks Build On Year-end Rally After Steel Merger, Rate Cut Talks
Stocks on Wall Street finished the day mostly higher Monday as traders reacted to news of a large steel acquisition and both caution and optimism from a number of senior US Federal Reserve officials about interest rates.
Elon Musk-Led xAI Launches Grok AI In India, More Countries
Oracle's Larry Ellison said Elon Musk wanted more Nvidia chips to power xAI's first generative AI model Grok but the company fell short of his demands.
Sustainable Development Goals Key To Unlocking A Greener, Healthier Future, But We're Failing To Meet Them
In 2012 the United Nations created Sustainable Development Goals (SDGs) to resolve pressing environmental, political, and economic challenges
In Iraq, China Finds A Reliable New Investment Partner
Iraq's Prime Minister greets President of the Chinese Tsingshan Holding Group, Mr. Zhang Jiming, and his delegation in Baghdad, 30 November 2023
Here are the Top Five Crypto Exchanges in the Market Today
There's no denying that the digital asset sector has witnessed a substantial uptrend over the course of 2023.
London Biotechnology Show 2024: Anticipation Soars with Stellar Speakers and Top-notch Exhibitors
The London Biotechnology Show aims to foster collaboration, innovation, and progress in the field of biotechnology.
US Stocks Shrug Off Mixed Inflation Data, Extending Rally
US stocks finished solidly higher Tuesday, shaking off early weakness on continued bullish sentiment as a mixed inflation report contributed to a drop in oil prices.
Elon Musk Invites OpenAI Chief Scientist Ilya Sutskever To Join Tesla Or xAI
Former OpenAI board member Helen Toner claims Sam Altman's firing wasn't about AI safety but it was about a lack of trust.
Locals Carry Out 'Bedbug Scam' In Athens, Threaten Tourists With Fine Of £427
A police investigation is currently underway against locals in Greece.
Bitcoin Rally Shines Spotlight On Investor Risks
A much-anticipated US approval of wider bitcoin trading has helped the world's biggest cryptocurrency reach 20-month heights, risking however pain for new investors unaccustomed to its volatility.
Former OpenAI Director Says He Is Still Unsure Why The Board Fired Sam Altman
The mystery surrounding the OpenAI's board decision to remove CEO Sam Altman has left an aura of uncertainty around the high-profile AI startup.
US Oil Prices Slide Below $70 A Barrel; Mixed Day For Global Stocks
US oil prices finished below $70 a barrel for the first time since July on Wednesday on a mixed day for global equities, as traders pondered hopes for interest rate cuts from the European Central Bank and the US Federal Reserve.
Why Sustainable Initiatives For The Chemical Industry's Massive Footprint Have To Be Discussed At COP28
Thought leaders, activists, policymakers, and government officials will meet in Dubai for COP28.
Elon Musk's AI Startup Aims to Secure $1 Billion in Equity Funding
The firm has secured £107 million from investors and is now pursuing a total of $1 billion (£0.8 billion) in equity financing.
Global Stocks Mixed As US Crude Prices Slips To Five-month Low
Global stocks were mixed Tuesday as investors digested data suggesting a slowing US labor market, while US crude prices sank to a five-month low amid lingering concerns about demand.
OpenAI CEO's Reinstatement Raises Concerns Over $51 Million AI Chip Deal with Personal Investments
The agreement between OpenAI and Rain AI signed in 2019, committed OpenAI to the substantial investment once the chips became available.
Spotify Streamlines Operations: Cuts Nearly 1,600 Jobs Amid Escalating Costs
This is the third and most substantial round of layoffs for Spotify this year, a move attributed to pressure from an activist investor.
COP28 Puts Spotlight On State Oil Giants
Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but a less visible lineup of powerful state companies dominates the industry.
Shein Applies For New York Listing Despite Forced Labour Allegations
Although the fast-fashion brand has been criticised for exploiting its factory workers, Shein has confidentially filed for an IPO in New York.
Women's Sports To Grow Even Further Next Year With Revenue Figures Set To Cross £1 Billion Mark
A new report by Deloitte indicates that women's sports will reach record-breaking heights globally in 2024 with football and basketball paving the way.
Oil Prices Rebound On Mixed Day For US Stocks
Wall Street stocks rebounded Tuesday behind solid retail data and reassuring comments from Federal Reserve officials, while oil prices rose and the dollar slid.
UK Announces Almost GBP30 Bn Of Private Investment At CEO Summit
Prime Minister Rishi Sunak on Monday announced GBP29.5 billion ($37.2 billion) of private funding for new UK projects as more than 200 CEOs descended on London for the 2023 Global Investment Summit.
UK Government To Intervene In the Telegraph Takeover Deal As Tories Worry About the Newspaper's Operations
Several Tory MPs have urged the UK government to intervene in the Telegraph takeover deal by UAE-backed investment fund, resulting in the Media Secretary writing a hard-hitting letter to the involved parties.
Asian Markets Ease As US Inflation Comes Into View
Asian markets dipped Monday as investors look ahead to the release this week of key US inflation data that could provide a guide for the Federal Reserve's plans for interest rates going into the new year.
UK Government Announces Plans for Further NatWest Stake Sale, Invites Public to Invest
Chancellor Jeremy Hunt disclosed the UK government's intention to explore options for divesting its remaining 38.6 per cent stake in NatWest Group.
Jeremy Hunt Announces Significant Tax Cut Amidst Downturn in Growth Forecast
Hunt defended the move, asserting that it aligns with the government's commitment to supporting businesses and individuals during challenging times.
Oil Prices Fall After OPEC+ Postpones Meeting
International oil prices fell Wednesday after a key ministerial meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies was pushed back from Sunday to November 30.
Arbitration Bill To Make UK A Global Leader in Legal Business Disputes Handling
The UK government has sought to change the £2.5 billion worth of British arbitration services through an Arbitration Bill, which seeks to modernise the procedure better to resolve legal disputes for businesses.
Staff Protest Leads to Sam Altman Return as OpenAI CEO Less Than One Week After Being Fired
The tech entrepreneur, who was ousted from his own company after being accused of "not being candid" with the board, was poised to start a new position at Microsoft as leader of a new in-house AI team.