Earlier stories, newest first (page 215 of 515).
Allianz Chief Economist Ludovic Subran suggests that market expectations for AI's economic impact show 'exuberance.' He believes artificial intelligence will have a less uniform effect on economies…
Microsoft is investing $2.5 billion into a new Frontier unit aimed at addressing key challenges in enterprise AI adoption. This significant investment underscores Microsoft's commitment to expanding…
Kevin Warsh is reportedly under consideration for the Federal Reserve chairmanship, facing scrutiny over potential policy shifts and conflicts related to cryptocurrency regulation. His appointment…
Fjarde AP Fonden, the Fourth Swedish National Pension Fund, significantly increased its holdings in The TJX Companies, Inc. by purchasing 219,250 additional shares. This move reflects institutional…
The Louisiana State Employees Retirement System acquired 18,900 shares of Brunswick Corporation (NYSE:BC) during the first quarter. This investment reflects the pension fund's portfolio adjustments.
Joseph Nachman, Chief Operating Officer of a Yelp Inc. subsidiary, sold 13,500 shares of Yelp Inc. (YELP) on July 1. This insider transaction is a routine disclosure of executive stock activity.
LG CNS and POSCO International are piloting the tokenization of live trade receivables using the Injective blockchain. This initiative could accelerate blockchain adoption in global trade, enhancing…
American Airlines (NASDAQ:AAL) closed at $17.92, just below its 52-week high of $18.79, as the airline sector anticipates strong demand for July 4th travel. The stock's performance reflects investor…
Coinbase CEO Brian Armstrong asserts that the rise of artificial intelligence will amplify the importance of cryptocurrencies. He suggests AI's increasing reliance on autonomous agents could…
Taiwan's largest brokerage, Yuanta Securities Co., and its subsidiary are seeking up to NT$42 billion ($1.3 billion) in loans from banks. The financing initiative could support the firm's operational…
Spot silver prices have surged past $60 per ounce, recording a 3% intraday gain. This significant price movement may indicate increased market confidence and could influence investment strategies in…
Pictet Asset Management Holding SA increased its stake in Fifth Third Bancorp by 27.8% during the first quarter. The firm now holds a larger position in the regional banking institution.
Woodside Energy Group Ltd.'s A$48.7 billion ($34 billion) Browse gas field development has been designated a State Significant Project. This classification streamlines approvals and underscores the…
The Monetary Authority of Singapore (MAS) has tightened its monetary policy in response to rising oil prices and rekindled inflation risks. Unlike many central banks, the MAS manages price stability…
Following a Supreme Court ruling that limited executive tariff powers, Donald Trump is reportedly seeking to restore a hardline tariff regime. This move could necessitate legislative changes and…
US gasoline prices are climbing due to ongoing tensions in the Middle East, which are disrupting critical shipping routes. This increase could strain consumer budgets and impact global economic…
Global shares and bonds experienced a rebound as a decline in oil prices offered relief from inflation concerns. This market movement suggests investor optimism regarding the potential for central…
Shipping traffic in the Red Sea has significantly decreased following recent Houthi attacks targeting Saudi oil sites. This disruption highlights critical vulnerabilities in global energy supply…
The CSI AI Index dropped 3% as Chinese artificial intelligence shares retreated due to investor concerns over high valuations. Geopolitical tensions are also contributing to dampened enthusiasm for…
Garden Finance has disabled its application after Blockaid reported a $450,000 exploit, draining USDT from its HTLC contracts. The incident affected funds across Ethereum, Base, and Arbitrum networks.
China's industrial profit growth decelerated in June, attributed partly to the decline in oil prices which reduced earnings for energy-related firms. This slowdown signals potential headwinds for the…
Baker Hughes reported second-quarter non-GAAP earnings per share of $0.64, surpassing analyst estimates by $0.15. The oilfield services giant also posted revenue of $6.74 billion, beating…
Senator Cynthia Lummis has voiced support for the CLARITY Act, a legislative proposal aimed at combating illicit crypto exploitation. The act seeks to redefine global digital finance norms and…
Blackstone Inc.'s private credit division is reportedly close to acquiring HSBC Holdings Plc's Australian loan book, valued at over A$30 billion. This significant transaction would reshape parts of…
CXMT Corp is expected to make a historic debut on the Shanghai stock exchange following a near-record initial public offering. The company is positioned to become a significant player in China's…
Major food brands in Australia are reportedly selling tomato products grown in China, falsely labeling them as domestically produced. Forensic evidence suggests a widespread practice of…
UK pension providers are exploring a £1 billion Scale-Up Fund aimed at boosting domestic technology investment. This initiative seeks to reverse capital flight and foster innovation within the UK's…
Wall Street futures are climbing, driven by a significant drop in oil prices following hopes of a de-escalation between the U.S. and Iran. Investors are also closely monitoring upcoming earnings…
A new $85 billion Chinese DRAM challenger is set to begin trading, intensifying global competition in the semiconductor market. This development is already causing concern among investors in…
Moonshot AI, a Chinese firm, is preparing to release its Kimi K3 artificial intelligence model for public download. This move aims to expand the company's reach and influence within the global AI…