Coinbase, Robinhood shares surge as EU’s MiCA deadline locks out Binance

The European Union's crypto market entered a new era on Tuesday as the Markets in Crypto-Assets Regulation reached…

Visa, European banks complete first AI agent purchases with real merchants

Visa and a group of European banks have moved agentic commerce from controlled test environments into real-world merchant…

ECB warns Europe’s heatwave is fueling inflation

A record-breaking heatwave gripping Europe is no longer just a public health emergency — it is rapidly being…

China’s private refiners snap up Middle East crude as Hormuz flows surge

China's independent refiners are moving swiftly to capitalize on falling Middle Eastern crude prices as oil shipments through…

Goldman says EU losing market share to China is bigger growth drag than trade gap

The European Union's economic relationship with China is under growing strain, with Goldman Sachs The Goldman Sachs Group,…

Vatican declares SSPX in schism, excommunicates all its clergy

The Vatican on Thursday formally declared the Society of St. Pius X in schism and excommunicated all six…

UBS slashes oil forecasts as Hormuz flows recover

Oil prices fell for a third consecutive day on Thursday as easing supply fears, record U.S. production, and…

Taiwan’s wealthy move billions to Singapore amid China fears

Taiwanese offshore wealth parked in Singapore has surpassed that held in Hong Kong for the first time, as…

SK Hynix leveraged ETF reshapes global chip stock volatility

A leveraged exchange-traded fund tracking SK Hynix has grown so large and so fast that it is now…

Google hit with $1.5B Swedish ruling, South Korea charges

Alphabet was ordered by a Swedish court on Wednesday to pay 14.3 billion Swedish kronor — approximately $1.5…

Nomura warns of ‘epic’ chip shortage, countering peak narrative

Even as chip and AI infrastructure stocks sold off Wednesday after Bloomberg reported that Meta Platforms is building…

Standard Chartered becomes first G-SIB to offer USDC minting

Standard Chartered announced on Wednesday the launch of integrated access to USDC minting and redemption for institutional clients,…

Tech giants now openly researching whether AI could be conscious

Major artificial intelligence companies are dedicating growing resources to studying whether their increasingly powerful models could develop consciousness…

Novo Nordisk demands price cuts from suppliers amid margin squeeze

Novo Nordisk has written to its suppliers requesting price reductions as the Danish pharmaceutical giant grapples with mounting…

Palantir’s AI system clears NATO for classified use

Palantir Technologies' Maven Smart System has achieved full operational capability within NATO, with the alliance's security board granting…

Yen hits 40-year low as government adviser urges more BOJ rate hikes

The Japanese yen sank to 162.84 per dollar on Wednesday, its weakest level since December 1986, as rising…

Nvidia launches revenue-sharing model with AI cloud startups

Nvidia has unveiled a new business model that allows AI cloud providers to deploy its GPU infrastructure through…

Global chip selloff deepens as Meta cloud plan spooks investors

U.S. semiconductor stocks suffered their steepest single-day loss in weeks on Wednesday as the Philadelphia Semiconductor Index PHLX…

Apple raises foldable iPhone production target to 10M units

Apple is preparing one of its most ambitious iPhone launches in years, planning to release at least five…

EU chip sector faces ‘bleak future’ from US, China risks, report finds

Europe's semiconductor industry confronts a "bleak future" squeezed between Chinese export controls on critical materials and deep technological…

EU set to weaken data centre climate rules after Big Tech lobbying

The European Union is preparing to soften proposed climate regulations for data centres, allowing operators to use a…

Amazon designs custom AI chips for Echo, Fire TV, Kindle

Amazon Amazon.com, Inc. is designing proprietary artificial intelligence chips for its consumer electronics lineup, including Echo smart speakers,…

UC Berkeley study finds algae parasitized coral cells to build reefs

Coral reefs may owe their existence not to a cooperative merger between algae and coral, but to a…

Foreign investors dump $11B in Japanese stocks as Asian tech selloff deepens

Foreign investors pulled back sharply from Asian equity markets last week, offloading ¥1.82 trillion ($11.2 billion) in Japanese…

Oil falls to 4-month lows as US-Iran talks ease supply fears

Crude oil prices fell for a second straight session on Wednesday as President Donald Trump's upbeat assessment of…

EU top court upholds record €4.1B antitrust fine against Google

The European Union's highest court on Thursday dismissed Google's Alphabet Inc. final appeal against a €4.1 billion ($4.7…

SK Hynix unveils $64B chip plant plan amid global tech selloff

SK Hynix said on Thursday it plans to invest 100 trillion won ($64.38 billion) to build new chip-making…

Japan shifts to surprise intervention tactics as yen hits 40-year low

The Japanese yen slid to its weakest level against the dollar in four decades this week, breaching 162.80…

OpenAI proposes giving U.S. government a 5% stake, FT reports

OpenAI has proposed giving the U.S. government a 5% equity stake in the company, the Financial Times reported…

China blocks some Fortescue iron ore deliveries from July 15

China's state-backed iron ore buyer has instructed domestic steel mills to stop accepting deliveries of certain Fortescue products…