Shares in US regional banks Zions Bancorporation and Western Alliance plunged by over 9% and 10% respectively, sparking fears of a global market contagion. The banks announced significant credit issues, …
Category:
Business
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The United Kingdom has received a modest upgrade to its economic growth forecast for this year, now pegged at 1.3%. The Chancellor noted this as a positive sign, pointing to …
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The prospect of a full-blown U.S.-China trade war has sent Dow futures into a nosedive, signaling another day of market carnage ahead. Following a brutal Friday session that saw the …
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The Bank of England has issued a stark warning that the soaring valuations of artificial intelligence companies leave them “particularly exposed” to a sudden and sharp market correction. The bank’s …
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OpenAI, the creator of ChatGPT, is set to build a massive one-gigawatt data center facility starting next year, powered by AMD’s forthcoming MI450 series of AI chips. This project is …
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While battery-powered cars grabbed headlines with a record-breaking September, the unsung hero of the UK’s electric transition last month was the plug-in hybrid, which saw an explosive 56% jump in …
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In the high-stakes game of artificial intelligence, DeepSeek is making a bold play for efficiency. The company’s new experimental model, DeepSeek-V3.2-Exp, is designed from the ground up to do more …
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A major global pact among banks to combat climate change has collapsed. The Net Zero Banking Alliance (NZBA), which once united nearly 150 financial institutions, has ceased all operations, effective …
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The European Union is bracing for another significant blow to its industrial sector as the United States appears poised to expand its list of products subject to steel tariffs. Following …
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The European Union and the United Kingdom are facing Donald Trump’s latest tariff threats from vastly different positions, highlighting the divergent outcomes of their recent trade negotiations. While the EU …