Uber launches first euro bond to finance Delivery Hero bid

Uber Technologies has tapped five major banks to arrange its first-ever euro-denominated bond offering, a move aimed at…

Global fuel oil deficit looms as wars squeeze refinery output

A looming shortage of fuel oil is set to push up costs for shipowners and power generators worldwide…

China’s oil demand revival drives up crude prices worldwide

A rebound in Chinese oil purchasing is driving up prices of crude grades from Africa, Canada, and Latin…

China pauses approvals for new battery storage factories

China, the world's largest manufacturer of batteries for energy storage, has temporarily suspended approvals for new factory projects…

Empty Qatari LNG tankers head home, signaling export pivot

Several empty Qatari liquefied natural gas tankers are heading back toward the Persian Gulf, a sign that QatarEnergy…

Oil traders converge on Singapore as war strains global markets

Global oil markets are entering the busiest week on Asia's energy calendar under conditions few in the industry…

Japan likely sold U.S. Treasuries to fund record yen defense

Japan likely sold tens of billions of dollars in U.S. Treasury holdings to finance the largest single-month currency…

Takaichi adviser shifts forecast, now expects BOJ rate hike this month

Markets have all but locked in a Bank of Japan rate increase at the central bank's September 17–18…

Asian stocks rise on tech gains amid US-Iran tensions

Asian equity markets opened broadly higher on Monday, buoyed by gains in US technology shares late last week,…

Gold holds near $4,400 amid Fed hike bets, Hormuz tensions

Gold was little changed on Monday near $4,427 an ounce, consolidating after a sharp selloff triggered by Friday's…

Purported white-hat hackers drain $320M from Liquid Network

Purported white-hat hackers drained approximately 4,000 bitcoin — roughly $320 million — from the Liquid Network's federation wallet…

KOSPI jumps 3.5%, Nikkei tops 66,000 as chip stocks surge

Asian stock markets rallied on the morning of September 7 as a wave of buying in semiconductor shares…

ChatGPT Astra now rolling out to $20 Plus subscribers

OpenAI's GPT-6 Astra, the company's most advanced AI model to date, is now rolling out to $20 ChatGPT…

UBS requires junior banker candidates to prove AI skills

UBS is now requiring prospective junior investment bankers to demonstrate proficiency in artificial intelligence as a condition of…

Moderna eyes solo mRNA cancer vaccine, in vivo CAR-T after landmark trial

Moderna is widening its cancer drug pipeline after achieving the first positive Phase 3 result for an mRNA-based…

Nvidia’s Huang declares ‘AGI has arrived’ after OpenAI’s GPT-6 Astra launch

Nvidia CEO Jensen Huang declared on Sunday that artificial general intelligence has arrived, posting on X that OpenAI's…

Yen, Mexican peso and Colombian peso all surge against the dollar

Three currencies are rallying against the dollar at once, but for very different reasons. The Japanese yen posted…

French-German bond spread hits widest since 2012 debt crisis

France is fast becoming the epicenter of a new European debt scare. The spread between French and German…

OpenAI’s chief scientist calls for AI slowdown days after releasing its most powerful model

Just three days after OpenAI released its most powerful model to date, the company's chief scientist published a…

OpenAI says it reached its ‘automated research intern’ goal

OpenAI announced on Sunday that it has reached its previously stated goal of developing an "automated research intern,"…

Anthropic locked in $517B in compute deals in 11 months

Anthropic has committed to cloud computing deals totaling approximately $517 billion over the past 11 months, according to…

Ducati CEO confirms VW is evaluating brand’s future amid sweeping restructuring

Volkswagen is openly weighing the future of Ducati as part of a far-reaching restructuring that could reshape one…

China injects $54 billion into state banks and insurers

China's Ministry of Finance on Sunday announced a coordinated recapitalization of eight state-owned banks and insurers totaling roughly…

Microsoft unveils Project Opal, an AI agent that completes tasks autonomously

Microsoft CEO Satya Nadella announced new AI-powered capabilities for Microsoft 365 Copilot, headlined by Project Opal — a…

Witkoff, Kushner call Kyiv talks ‘substantive’ after Putin meeting yields no breakthrough

U.S. envoys Steve Witkoff and Jared Kushner arrived in Kyiv by train on Sunday for their first official…

Kushner and Witkoff meet Zelenskyy in first Kyiv visit

U.S. peace envoys Jared Kushner and Steve Witkoff arrived in Kyiv by train on Sunday, meeting Ukrainian President…

Open-source AI nearly closes gap with top proprietary models

The distance between the best AI models anyone can download and the industry's top proprietary systems has shrunk…

Cook won’t appear at Apple’s Sept. 9 event as Ternus takes the stage

Tim Cook may have handed the reins of Apple to John Ternus, but his compensation package suggests he…

Iran vows ‘severe’ retaliation after US destroys three IRGC oil tankers

The United States destroyed three Iranian oil tankers on Saturday after Iran's Islamic Revolutionary Guard Corps fired ballistic…

AI sandbox escapes elevate CISOs to key role in corporate leadership

A pair of incidents this summer in which AI agents autonomously broke out of controlled testing environments and…