Morgan Stanley forecasts record $6.4T in global M&A for 2026

Morgan Stanley expects global mergers and acquisitions activity to reach a record $6.4 trillion in 2026, surpassing the…

Character.AI debuts interactive microdramas made with AI

Character.AI on Thursday debuted c.ai Series, a collection of short-form animated microdramas produced almost entirely with AI tools,…

Two 15-year-old Linux kernel flaws prompt urgent patching

Two high-severity vulnerabilities that together lay dormant in the Linux kernel for more than 15 years were publicly…

EUR/USD slides to 1.1400 as Iran oil shock boosts dollar

EUR/USD slid to the critical 1.1400 support level on Wednesday as the collapse of the U.S.-Iran ceasefire sent…

NOAA says El Nino could rank among strongest on record

NOAA's Climate Prediction Center released its latest monthly update on Thursday, warning that a rapidly intensifying El Niño…

Governments to buy millions of barrels to rebuild reserves depleted by Iran war

The US Strategic Petroleum Reserve has fallen to its lowest level in more than four decades, leaving the…

Microsoft’s carbon emissions jump 25% amid AI buildout

Microsoft disclosed on Thursday that its greenhouse gas emissions surged 25% in the past year, reaching 34 million…

UK drone boat maker Kraken raises $175M, hits $1B valuation

British maritime defence company Kraken Technology Group announced on Wednesday the close of a $175 million Series B…

550-million-year-old fossil shows earliest animal handedness

A palm-sized organism that crawled along the ocean floor more than half a billion years ago appears to…

Protesters storm stage at UN AI summit over Amazon’s Israel contract

Pro-Palestine activists stormed the stage during a presentation by Amazon Amazon.com, Inc. Vice President and Chief Technology Officer…

Stem cell trial shows positive results for Parkinson’s

A first-of-its-kind clinical trial has demonstrated that transplanting stem cell-derived dopamine-producing cells into the brains of people with…

Samsung hikes chip prices up to 15% as AI demand tightens foundry capacity

The two largest contract chipmakers in the world are raising manufacturing prices, marking what analysts describe as a…

Wall Street banks shut out of $5.8B Chinese AI deals in Hong Kong

Wall Street's largest investment banks were largely sidelined as Chinese artificial intelligence companies raised $5.8 billion through share…

Oil prices hold near $70 despite Iran war doomsday forecasts of $200

The Iran war has triggered what many consider the most severe energy disruption of the modern era —…

European startups raise $24B in Q2, best quarter in 4 years

European startups raised $24 billion in the second quarter of 2026, marking the region's strongest venture funding quarter…

Global energy markets weather Hormuz closure with reserves and demand cuts

More than four months after the Strait of Hormuz effectively closed to commercial shipping, global energy markets have…

Iran races to export oil as US sanctions deadline nears

Iran dispatched roughly 11 million barrels of crude oil aboard tankers in a single 24-hour period as the…

SK Hynix prices record $26.5B U.S. listing at $149 per ADR

SK Hynix is set to make its debut on the Nasdaq on Friday after its landmark American depositary…

Chinese firms use rare-earth ban to squeeze foreign rivals

Chinese manufacturers that use rare earths are seizing what the Financial Times describes as a "historic" opportunity to…

Apple in talks with PrismML over on-device AI tech

Apple has held discussions with PrismML, a Caltech-spinoff startup, about using its model compression technology to run large…

EU household cooling energy doubled in six years, Eurostat data shows

Energy consumed by EU households for cooling doubled between 2018 and 2024, reaching 80,400 terajoules, according to data…

Anthropic launches Reflect tool to track Claude usage

Anthropic on Thursday announced a new beta feature called "Reflect" for its Claude chatbot, giving users an analysis…

ETH Zurich builds quantum chip that stores data as vibrations

Researchers at ETH Zurich have built a quantum computing chip that stores information as microscopic mechanical vibrations rather…

High-fat diet and gut bacteria boost cancer immunotherapy, study finds

A new study published in Nature on July 8 reveals a counterintuitive finding: a high-fat diet that promotes…

Luxshare slides in Hong Kong debut after $3.1B IPO

Shares of Apple supplier Luxshare Precision Industry fell on their first day of trading in Hong Kong on…

US hits Iranian rail bridge as peace deal unravels

The United States struck a railway bridge in Iran's northeastern Golestan province with cruise missiles early Thursday, marking…

Anthropic hits $1.2 trillion valuation on secondary markets

Anthropic's implied valuation on secondary market platforms has surged to approximately $1.2 trillion, representing a 550% increase year-over-year…

Wegovy is only obesity drug linked to reduced death risk, BMJ analysis finds

A comprehensive analysis published in The BMJ on July 8 found that subcutaneous semaglutide — marketed as Wegovy…

EU Parliament votes to advance digital euro project

The European Parliament on Thursday voted to approve the creation of a digital euro, clearing the path for…

ECB minutes show inflation fears despite rate hikes

The European Central Bank on Thursday published the accounts of its June 10-11 monetary policy meeting, showing that…