Germany, France confirm sharp inflation drops in June

Germany's federal statistics office on Friday confirmed that consumer prices rose 2.3% year-on-year in June 2026, down from…

Zuckerberg posts on X for first time in 3 years to launch Meta AI model

Meta CEO Mark Zuckerberg broke a three-year silence on X on Thursday to unveil the company's latest AI…

Tencent leads bid to buy back Manus from Meta for $2B

Tencent Holdings is in discussions to become the largest shareholder of Manus, the Chinese-founded agentic AI startup, as…

Google unveils AI model trained on a trillion minutes of wearable health data

Google Alphabet Inc. Research on Wednesday introduced SensorFM, a foundation model for wearable health that was pretrained on…

Amazon CTO says companies moving to cheaper open-source AI

Werner Vogels, Amazon's Amazon.com, Inc. chief technology officer, said companies concerned about escalating artificial intelligence expenses are increasingly…

Silver climbs back above $60 as dollar weakens

Silver prices edged above $60 per ounce on Friday during European trading, recovering from a mid-week selloff as…

Yen rallies as Japan urges pension funds to invest more at home

The Japanese yen rallied sharply on Friday after Finance Minister Satsuki Katayama said Japan is considering ways to…

China’s Q2 growth expected to slow as weak demand drags

China's economic growth likely cooled in the second quarter of 2026, with analysts surveyed by AFP forecasting year-on-year…

BYD wins 11.3 GWh battery storage deal for Abu Dhabi renewable megaproject

BYD Energy Storage has secured a contract from Masdar to supply 11.275 GWh of battery energy storage systems…

Xavier Niel to become Vodafone’s top shareholder in $6B deal

French telecoms billionaire Xavier Niel has agreed to purchase a 16.2% stake in Vodafone from UAE operator e&…

EU charges Meta over addictive design of Instagram, Facebook

The European Commission on Friday formally accused Meta Platforms of breaching the bloc's Digital Services Act over what…

Asian stocks rally on Wall Street chip surge, easing oil

Asian stock markets advanced broadly on Friday as an overnight Wall Street rally in semiconductor shares and easing…

Foxconn unit sees profit nearly double on AI server surge

Foxconn Industrial Internet, the Shanghai-listed subsidiary of Taiwan's Hon Hai Precision Industry, issued a positive profit alert on…

Poland’s central bank has bought 82 tons of gold in 2026

Poland's National Bank (NBP) has purchased 82 tons of gold so far in 2026, Governor Adam Glapiński announced…

OpenAI launches ChatGPT Work, its AI agent for enterprise task automation

OpenAI on Thursday unveiled ChatGPT Work, an AI agent embedded in its flagship chatbot that can autonomously execute…

U.S. futures slip as Iran airstrikes rattle markets

U.S. stock futures slipped on Friday as investors weighed renewed military tensions between the United States and Iran…

OpenAI, Google sell AI to blacklisted Chinese firms

OpenAI and Google Alphabet Inc. have confirmed they are supplying advanced artificial intelligence models to Singapore-based subsidiaries of…

Emerging market stocks head for weekly loss on Iran tensions, tech retreat

Emerging market equities are set to close the week lower as investors navigate a volatile mix of renewed…

All 27 EU nations back €80B tech investment alliance

The European Investment Bank Group on Friday formally launched the second phase of the European Tech Champions Initiative,…

IEA says global oil demand to fall for first time since 2020

The International Energy Agency said Friday that global oil demand is set to decline by 1 million barrels…

EasyJet backs Apollo’s $7.7B bid, dropping Castlelake

EasyJet said on Friday it had agreed in principle to a £5.7 billion ($7.7 billion) takeover by Apollo…

China recovers rocket booster at sea using net system

China on Friday successfully launched its Long March 10B carrier rocket on its debut flight, recovering the first…

Hormuz disruption reignites ECB rate hike debate ahead of July meeting

The European Central Bank's brief window of relief on inflation has slammed shut. Days after data showed eurozone…

Oil steadies for weekly gain as U.S.-Iran fighting disrupts shipping

Oil prices fell sharply on Thursday as investor concerns over persistent inflation and its implications for interest rates…

AI uncovers hidden fault movements along the San Andreas

A deep-learning algorithm trained on continuous borehole strainmeter data has uncovered dozens of previously undetected slow slip events…

Three frontier AI models launch in 48 hours, igniting price war

Three frontier AI models arrived within 48 hours of each other this week, each undercutting previous-generation pricing and…

Shein advances Hong Kong IPO preparations, eyes $1B+ raise

Shein Group Ltd. is pressing forward with preparatory work for a possible Hong Kong initial public offering, according…

Bayeux Tapestry arrives in London for first time in nearly 1,000 years

The Bayeux Tapestry arrived at the British Museum in London in the early hours of Friday in a…

Researchers bypass GitHub Copilot safety with workflow-level jailbreak

A confluence of research findings in recent weeks has exposed fresh vulnerabilities in the safety systems of major…

Anthropic rejects China’s ‘backdoor’ claims about Claude Code

China's National Vulnerability Database issued a formal security alert on Wednesday warning that Anthropic's AI coding tool Claude…