The UK’s inflation rate continued its gradual descent in October, cooling to 3.6% and offering a measure of relief for households and policymakers after months of persistent price pressures. The latest figures from the Office for National Statistics also reinforced expectations that the Bank of England could move to cut…
Advances in AI arrive faster than users can track them. The release of Google’s Gemini 3, the billion-dollar partnerships around Anthropic’s Claude, and fresh updates from OpenAI have condensed years of progress into a single season.Every major tech company is betting on larger models, new chips, and aggressive cloud expansion.…
Exxon Mobil announced Tuesday that its Fife ethylene plant (FEP) in Scotland will shut down in February 2026, citing a combination of high supply costs, weak market conditions, and the challenging UK economic and policy environment as reasons for the closure.European chemicals producers, which constitute the European Union’s fourth-largest exporting…
Shares of Microsoft and Amazon came under renewed pressure on Tuesday as a rare analyst downgrade and fresh regulatory scrutiny from the European Union weighed on two of Wall Street’s most influential technology stocks. The dual setbacks added to concerns that optimism around the generative AI boom may be cooling,…
Markets across Europe are on edge as a mix of economic pressures, legal battles, and supply chain strains shapes the region’s business landscape.From a sharp FTSE sell-off and mounting risks in the banking sector to HP’s high-stakes Autonomy fight and the auto industry’s ongoing chip crunch, the latest developments highlight…
Cloudflare Inc. (NYSE: NET) suffered a major outage on Tuesday that affected access to some of the world’s most widely used platforms.Services including ChatGPT, X (formerly Twitter), Shopify, PayPal, and Spotify experienced partial or complete downtime, with users reporting widespread errors and connection failures.The disruption, which lasted several hours, was…
Major shifts hit tech, business, and geopolitics today. A widespread Cloudflare outage briefly took down some of the world’s biggest platforms, underscoring the web’s dependence on core infrastructure.Anthropic locked in a massive Azure partnership to scale Claude, while Klarna reported strong revenue momentum despite slipping into the red.And in Washington,…
EQT, one of the world’s largest private market investors, is accelerating its expansion in Asia, calling the region a major growth engine and a source of some of the most compelling opportunities across private equity and infrastructure. In a CNBC interview, CEO Per Franzén said the firm is seeing increasing…
The United States and Saudi Arabia have completed negotiations on a long-anticipated nuclear technology-sharing framework, potentially paving the way for US companies to build reactors in the kingdom and revitalizing America’s atomic energy sector. The development was announced after Energy Secretary Chris Wright and his Saudi counterpart signed a joint…
Base metals is set to finish the year with a bang, staging a solid rally in the final quarter. The London Metal Exchange Index has soared approximately 18% since the start of the year, with a notable 9% jump since early September, though the contributions of individual metals have varied significantly,…