Santander's Profits Soar 20% But Cautions Borrowers Of The Impending Impact Of High-For-Longer Interest Rates
Santander's profits rose by 20 per cent achieving an attributable profit of €8,143 million in the first nine months of 2023, but warn borrowers of the Impending impact of high-for-longer interest rates.
Global Stocks Mixed As China Stimulus Lifts Asia
Global stock markets closed mixed on Wednesday as Wall Street tumbled while Europe made small gains -- and Asia rallied on China's plans to boost infrastructure spending.
Godfathers of technology Believe AI Firms Must Be Held Responsible for Harm They Cause
Experts will gather at Bletchley Park, in Buckinghamshire, next week for a summit on AI safety after 23 experts signed a document claiming it was "utterly reckless" to pursue ever more powerful AI systems.
Alphabet And Microsoft See Earnings Rise On AI-infused Cloud
Google parent Alphabet and computing colossus Microsoft Tuesday reported that quarterly profits climbed on demand for cloud computing enhanced with artificial intelligence.
Strong US Earnings Lift Stocks As Oil Prices Retreat
Oil slid but most world stock markets rose Tuesday on a string of largely solid US corporate earnings, even as economic and geopolitical fears dog sentiment.
iPhone 15 Demand In Key Markets Like China Doesn't Look Promising
In China, the iPhone 15 series is locking horns with Huawei's Mate 60, which costs nearly £164 less than the iPhone 15 Pro.
Suit Charges Crypto Firms With Billion-dollar Fraud
New York's attorney general on Thursday filed a lawsuit accusing cryptocurrency firms Gemini and Genesis with fraud that wound up costing investors more than a billion dollars.
Global Stocks Fall After Fed Keeps Rate Hike Threat Alive
US stock markets fell Thursday after Federal Reserve chair Jerome Powell warned inflation is "still too high" despite a recent slowdown, leaving the door open for another interest rate hike if needed.
Microsoft Research Shows Chat GPT-4 Is Easier To Manipulate Than GPT-3.5
According to the research, GPT-4 is likely to follow misleading information more precisely than earlier versions of the AI bot.
Oil Prices Rise, Stocks Slide On Fears Of Broader Middle East War
Oil prices rallied and global stocks fell Wednesday on fears that the Israel-Hamas war could spill over into a regional conflict, after a strike at a Gaza hospital dealt a blow to President Joe Biden's diplomatic drive.
Stocks Rise, Oil Prices Slide
The main stock markets in Europe and the United States rose on Monday but oil prices fell as markets tracked the Israel-Hamas conflict.
Investors Wary After FTX Debacle as People Lose Trust in Companies Managing Their Money
To prevent financial scandals and bolster investor confidence, regulators must continuously update and refine regulations to match evolving financial markets.
Best Crypto Copy Trading Platforms in 2024
Discover the top FCA-regulated copy trading software for replicating successful trading strategies
UK Chip Start-ups Join Government-Backed Incubator to Revolutionise Semiconductor Industry
UK government has launched ChipStart, a two-year pilot programme aimed at supporting twelve cutting-edge start-ups in developing revolutionary semiconductor chips.
The UK Needs Better Signposting On Its Front Door to Telecoms R&D
It's an exciting time to be in telecoms. However, it has never been more challenging to navigate. Where do businesses start and what support is out there?
Oil Prices Jump As Hamas Attack On Israel Fuels Supply Fears
Oil prices rallied while the dollar and yen advanced Monday after Hamas launched a shock attack on Israel at the weekend, sparking fresh concerns about tensions in the Middle East.
Metro Bank Reassures Investors After Its Share Price Plummets Amidst Shoring Up Their Finances
On Thursday, Metro Bank issued a statement to reassure investors after the short suspension of their shares due to volatility amidst suffering a hefty 25 per cent fall.
Global Stocks Mixed Ahead Of Key US Jobs Data
US stocks recovered lost ground to close down just slightly Thursday, while those in Europe finished lower, ahead of key US jobs data.
Warnings Of China's Collapse Are Premature As The Nation Still Has One Of The Largest Economies
A total collapse of China in the near term, even with many Western firms reducing their exposure to China's economy, would collapse the global economy, some experts believe.
Stock Markets Drop As Key Treasury Yield Hits 16-year Peak
Global stocks tumbled Tuesday after a closely watched US bond benchmark hit a 16-year high, exacerbating worries about elevated interest rates as the dollar briefly topped 150 yen.
OpenAI CEO Sam Altman Under Fire For Comparing Capabilities Of AGI To Median Human
According to Sam Altman, AI systems will not only automate some tasks but also create "new and much better jobs".
Bill Ackman Says He'd Invest In X Through His SPARC Structure
Bill Ackman claims Elon Musk could go toward lowering X's crushing debt load if Pershing Square were to invest in the company.
Wall Street Mixed While Europe Sinks On Renewed Rate Worries
Wall Street stocks were mixed Monday after the US narrowly avoided a government shutdown, while European indexes tumbled on renewed interest rates concerns.
Crypto Industry Grapples With FTX Fallout As Trial Looms
The collapse of cryptocurrency platform FTX, whose disgraced former boss goes on trial this week, sparked shock waves worldwide, with regulators still seeking to get to grips with the sector.
Former Crypto Star Sam Bankman-Fried Faces US Trial
Sam Bankman-Fried, once the most respected face of crypto currency, goes on trial Tuesday in federal court facing seven counts of fraud that could see him spend decades in prison.
Oil Rally Cools, Providing Relief For Stocks
Oil prices flirted with one-year highs on Thursday before falling in a bout of profit-taking, which tempted investors back into stocks after several days of losses over inflation fears.
Sir Michael Gambon, Known for His Role as Dumbledore in the Harry Potter Series, Died Aged 82
The actor, who was one of the original members of the Royal National Theatre alongside Laurence Olivier, passed away peacefully in hospital, his family said in a statement.
Reports Show People Worry More About Online Fraud Than Other Crimes
Poll also found that young people were most likely to be affected by online fraud, even though half of those questioned believed the elderly were most at risk.
OpenAI and Jony Ive Set to Launch the 'iPhone of AI' With $1 Billion Backing from Softbank
Ex-Apple designer Sir Jony Ive is in talks with OpenAI's Sam Altman to create the first AI consumer device in the form of a next-generation smartphone.
AI Chip Crunch: Startups Vie For Nvidia's Vital Component
The artificial intelligence revolution is fully underway, but soaring demand for its most crucial component has startups scratching their heads on how they can deliver on AI's promise.