Gold and silver tumble as hot PPI and oil surge lift yields to multi-year highs

Precious metals took a beating on Thursday as a hotter-than-expected wholesale inflation report and surging oil prices drove…

Oil surge past $100 drives global stocks to multi-week lows

A convergence of surging oil prices and hotter-than-expected U.S. inflation data hammered global stocks and bonds on Thursday,…

Drones from Iraq strike Saudi Arabia’s East-West oil pipeline, triggering fires

Saudi Arabia's critical East-West oil pipeline system was struck by projectiles on Thursday, with multiple pumping stations hit…

UK rejects AI ‘kill switch,’ says it ‘cannot simply turn AI off’

The UK government has dismissed calls to create an emergency "kill switch" for dangerous artificial intelligence systems, arguing…

Yen surges as markets fully price BoJ rate hike to 1.25%

Markets have fully priced in a 25-basis-point Bank of Japan rate hike to 1.25% at next week's September…

New brain atlas reveals neurons build identity after birth, not from parent cells

A newly born neuron does not simply inherit a ready-made identity from the stem cell that produced it.…

EU tech chief calls for global AI rules after extinction warnings

European Commission Executive Vice-President Henna Virkkunen called for global rules on artificial intelligence on Friday, days after researchers…

Nvidia’s Huang calls AI doomsday warnings ‘complete nonsense’

Nvidia CEO Jensen Huang used his appearance at Goldman Sachs's The Goldman Sachs Group, Inc. Communacopia + Technology…

Hungary offers diesel subsidies amid unprecedented European fuel shortage

Hungarian Prime Minister Peter Magyar announced on Friday that his government will provide direct financial support to owners…

Climeworks doubles CO2 capture, halves costs at Iceland plant

Climeworks, the Swiss carbon removal company, announced on September 10 that technology upgrades at its Mammoth direct air…

EU demands tech firms rein in AI after rogue agent hacks

The European Union on Friday issued a sharp warning to major technology companies, demanding they bring their advanced…

Novartis investors demand M&A overhaul after trial failures

Novartis shareholders are stepping up scrutiny of the Swiss drugmaker's dealmaking strategy after back-to-back clinical trial failures sent…

AI data centers left off UN COP31 climate agenda

The artificial intelligence building boom and its forecasts of surging electricity demand will not be formally debated when…

IEA warns Iran war will delay oil flow recovery into 2026

OPEC crude oil production fell by 640,000 barrels per day in August to 19.71 million bpd, snapping a…

Anthropic says Iran-linked actors used Claude AI to target US Navy ships

Anthropic disclosed Thursday that an Iran-linked threat actor used its Claude AI model to compile targeting handbooks on…

Houthis seize Red Sea coastline in sweeping offensive

Iran-backed Houthi rebels completed a sweeping offensive on Friday, capturing Yemen's entire Red Sea coastline and the strategic…

Hormuz Strait traffic drops to seven ships a day as US-Iran strikes escalate

The US-Iran conflict escalated sharply this week as both sides struck each other's naval and military assets, driving…

Bankers warn Bessent’s yen push risks undermining BOJ credibility

Treasury Secretary Scott Bessent's declaration that he is "the house" in the currency markets has drawn pushback from…

Oil pulls back Friday but on track for weekly gains near 10%

West Texas Intermediate crude surged past $100 a barrel on Thursday for the first time since May, capping…

Grok generated child abuse images despite Musk’s pledges, investigations find

Elon Musk has repeatedly promised to make eliminating child sexual abuse material a top priority on his social…

Sub-$100 smartphone shipments plunge 60% as AI devours memory chip supply

The sub-$100 smartphone is vanishing. Shipments of the cheapest handsets fell nearly 60% year-over-year in the second quarter…

Retail investors took profits ahead of Apple’s iPhone Duo launch, Webull UK says

Retail investors approached Apple's "Surprise and Shine" product event on Wednesday with caution rather than enthusiasm, according to…

ECB’s Makhlouf warns more rate hikes risk hurting growth

European Central Bank policymaker Gabriel Makhlouf cautioned on Friday that raising interest rates "a great deal more" could…

iPhone Duo could capture 25% of foldable market, TrendForce says

Apple unveiled the iPhone Duo on Wednesday, its first foldable smartphone, entering a category that Samsung has led…

Putin slams West’s ‘ugly’ tactics at BRICS forum in New Delhi

World leaders convened in New Delhi on Friday for the BRICS Business Forum, the flagship private-sector event of…

Anthropic says it blocked AI misuse tied to bioweapons research

Anthropic on Thursday released its most detailed threat intelligence report to date, revealing that its AI models were…

Bending Spoons to buy Miro for $1.36B, 90% below peak

Bending Spoons, the Milan-based software consolidator that listed on the Nasdaq in July, has agreed to acquire Miro,…

Top fabless chip firms’ revenue surges 73% as AI fuels demand

The world's top 10 fabless semiconductor companies posted combined revenue of more than $141.45 billion in the second…

European stocks edge up but face worst week since April

A week of relentless selling driven by surging oil prices, hawkish central banks, and rising bond yields left…

Europe’s EV boom offsets sharp North American decline in August

Global electric vehicle sales reached 1.83 million units in August 2026, a 2% year-on-year increase that marked the…