International

Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via improved logistics and increasing the amount of profitably recoverable resources, according to ...

Nations building artificial intelligence models in their own languages are turning to Nvidia’s (NVDA.O) chips, adding to already booming demand as generative AI takes centre stage for businesses ...

Amazon’s revamped Alexa due for release in October ahead of the US holiday season will be powered primarily by Anthropic’s Claude artificial intelligence models, rather than its own ...

Last October, Matthew Hougan told an industry panel that he expected spot bitcoin exchange-traded funds (ETFs) to attract $55 billion of assets in their first five years. As of late August ...

The US central bank held its benchmark overnight interest rate steady in the 5.25 per cent-5.50 per cent range at the conclusion of its July 30-31 policy meeting, but since then ...

Intel was one of the first two tech companies to join the Dow Jones Industrial Average during the late-’90s dot-com boom, along with Microsoft. Now, a slump in Intel’...

Snap (SNAP.N) will concentrate on expanding and diversifying its underperforming advertising business with a focus on augmented reality, CEO Evan Spiegel informed employees in a note sent this week. ...

Enterprise cloud firm Salesforce (CRM.N) this week said it has agreed to acquire Tenyx, which develops artificial intelligence-powered voice agents, to advance its AI-driven solutions. The acquisition, for which ...

Social media giant Meta Platforms (META.O) will inform Brazilians how it intends to use their personal data to train generative artificial intelligence (AI), it said this week, following a ...

US facial recognition company Clearview AI has been fined 30.5 million euros ($33.7 million) for building what Dutch data protection watchdog DPA said was an illegal database. DPA also issued an additional ...

Apple (AAPL.O) will use organic light-emitting diode (OLED) displays for all iPhone models sold in 2025 and later, moving entirely away from liquid crystal displays (LCDs), Japan’s Nikkei newspaper ...

Norway’s wealth fund will back a proposal demanding Nike (NKE.N) consider whether binding agreements with workers would improve its ability to address human rights issues when sourcing from ...

OPEC+ is discussing delaying an oil output increase scheduled to start in October after oil prices hit their lowest in nine months, four sources from the producer group told Reuters ...

New car registrations in Britain fell slightly in August, industry data showed on Thursday, in line with expectations of a traditionally quieter month. The Society of Motor Manufacturers and Traders (...

Eurozone business activity received a boost from France hosting the Olympic Games last month but the malaise in the bloc is likely to return once the Paralympics wraps up as ...

Britain’s services activity grew last month at the fastest pace since April and price pressures eased, according to a survey that pointed to a more benign inflation outlook and ...

Airbnb (ABNB.O) this week asked New York City to reconsider regulations on short-term rentals that went into effect in September 2023, citing higher prices for travellers and zero impact on ...

Chip shares dragged Asian indexes lower on Wednesday and European futures fell after growth concerns drove the steepest selloff in a month on Wall Street and investors wiped $279 billion from ...

Shares of AI heavyweight Nvidia (NVDA.O) tumbled 9.5 per cent on Tuesday in the deepest ever single-day decline in market value for a US company, as investors softened their optimism ...

Eurozone manufacturing activity remained mired in contraction in August, a survey showed this week, with the data suggesting a recovery could be some way off as demand fell at its ...

European Central Bank policymakers are increasingly at odds on the outlook for growth, a rift that could shape the rate cut debate for months with some fearing a recession and ...

British lenders approved the highest number of mortgages in July since the start of the “mini-budget” crisis in 2022 under former Prime Minister Liz Truss, according to Bank of England data ...

Turkey’s economy expanded by a less-than-expected 2.5 per cent in the second quarter of the year, data showed this week, cooling in the face of a year-long monetary tightening drive. ...

Turkish state energy company Botas and British oil major Shell (SHEL.L) will sign a long-term LNG agreement on Monday, the Turkish Energy Ministry said. It said Energy Minister Alparslan ...