European markets were rattled, with the FTSE 100, Dax, and Cac 40 all falling, after reports of bad loans and alleged fraud at two US regional banks. The news sparked …
Business
-
The International Monetary Fund (IMF) has painted a complex picture of the global economy, simultaneously upgrading its immediate growth forecast while warning that long-term prospects remain “dim.” The fund now …
-
A tidal wave of fear swept through Wall Street following President Donald Trump’s threat to impose a staggering 100% tariff on all Chinese imports, vaporizing an estimated $2 trillion in …
-
The Bank of England’s Financial Policy Committee (FPC) has delivered a stark message to markets: valuations for artificial intelligence companies appear “stretched,” and the risk of a “sharp market correction …
-
In a deal defined by its staggering scale, OpenAI and AMD have entered into a partnership that will channel an unprecedented amount of energy and computing power into the development …
-
The UK witnessed a historic month for electric car sales in September, but the record figures have ignited a debate over the sustainability and true environmental benefit of the government’s …
-
Developers and businesses are set to benefit from a major price drop in the AI market, as DeepSeek has announced a 50% cut to its API services. This dramatic price …
-
The global banking industry’s foremost collective climate commitment, the Net Zero Banking Alliance (NZBA), has been officially dismantled. Convened by the UN, the alliance was meant to guide banks in …
-
A trade policy once focused on raw steel is now sending shockwaves through unrelated European industries, from vehicle manufacturing to furniture making. The United States’ expanding list of “derivative” products …
-
As panic spreads through the UK pharmaceutical industry over Donald Trump’s threatened 100% tariff on branded drugs, some market experts are urging caution, suggesting the move may be “more bark …