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Heat Waves Could Cost the EU 1% of GDP, Dutch Bank Says
This year’s heat waves and related productivity declines and lower agricultural output could erase a...
US Dollar: Fed pricing shifts with softer data – Deutsche Bank
Deutsche Bank strategists note that Friday’s mixed United States (US) Nonfarm Payrolls (NFP) report ...
EUR/USD Price Forecast: On verge of downward-trendline breakout
The Euro (EUR) trades slightly lower at around 1.1550 against the US Dollar (USD) during the Europea...
US convertible bonds set for record year as issuers harness AI boom
Investors embrace zero-interest debt for options on high-growth tech stocks
General Mills sells Häagen-Dazs ice cream stores in China
Transaction is the latest in shift towards local management for well-known foreign brands
Tencent moves closer to launching AI agent for China’s most-used app
Maker of WeChat has fallen behind domestic rivals in artificial intelligence models
Short seller Andrew Left found guilty of securities fraud
Case could have significant implications for investors publishing commentary on stocks
Aspiration Partners’ co-founder Joe Sanberg gets 14-year fraud sentence
Case has thrown spotlight on dealings with Wall Street and Hollywood elites including billionaire Steve Ballmer
HPE shares soar 37% on booming demand for AI infrastructure
Data centre equipment provider says sales of servers and networking equipment are rising rapidly
Alphabet to sell up to $80bn in shares to fund its AI build-out
Capital raising includes $10bn private placement to Berkshire Hathaway
Trump drops $1.8bn ‘anti-weaponisation’ fund
Legal challenges and pushback from Republican lawmakers prompt U-turn from the US president
BP backs Amanda Blanc to lead second chair search despite City unease
Oil major’s senior independent director took lead on appointing shortlived chair Albert Manifold
Eight things we learnt from the latest Mandelson files
Documents contain nuggets about the peer’s appointment as US envoy and the workings of Sir Keir Starmer’s government
Mandelson files expose criticism of Starmer’s ‘advance/buckle’ premiership
Documents reveal remarkable extent of former envoy’s influence across government policy
Florida sues OpenAI and Altman for ‘hurting’ children
State files lawsuit over ‘litany of harms’ it claims the company’s chatbots have caused