China’s electric vehicle market saw a major shift in January, as Xiaomi’s newest electric SUV overtook Tesla’s Model Y to become the country’s best-selling vehicle. The development marks a key moment for Xiaomi, which entered the auto industry only recently after establishing itself as a leading smartphone maker. Sales data…
The FTSE 100 Index remained in a tight range near its all-time high as top British companies like Barratt Redrow, AstraZeneca, BP, and Barclays published their financial results. It also wavered after the Office of National Statistics (ONS) published the relatively weak GDP report on Thursday. There were also concerns that…
Bitget has launched Gracy AI, the first animated digital human in crypto, designed to bring real leadership thinking into one-on-one conversations with users.Built around the experience and decision-making approach of Bitget CEO Gracy Chen, Gracy AI moves beyond charts and short-term signals. Instead, it gives users a space to talk…
The Trump administration is reportedly preparing to soften parts of its steel and aluminium tariff regime after mounting pressure from businesses, global allies, and lawmakers.As per a Bloomberg report, officials are reviewing duties imposed last year, especially those covering derivative products made with the metals, which companies say are difficult…
Baidu is embedding the OpenClaw AI agent directly into its main smartphone search app, expanding access to automation tools for millions of users. The integration allows people to perform tasks such as scheduling, organising files, and writing code without relying on separate chat apps. The move comes as Chinese technology…
Amazon, Microsoft, and Google-parent Alphabet have spent weeks convincing investors that their AI buildout will pay off, but the market’s patience is thinning as 2026 capital-spending plans climb.Amazon helped spark the latest wobble after flagging about $200 billion of 2026 capex, while Alphabet projected $175 billion to $185 billion, figures…
Indian information technology stocks witnessed their steepest weekly fall since the early days of the COVID-19 pandemic, wiping out nearly $50 billion in market value as investor anxiety over artificial intelligence, weak global cues, and fading hopes of US rate cuts converged into a sharp sell-off.The rout gathered pace on…
The number of Americans filing new claims for unemployment benefits declined less than expected last week, suggesting the US labor market remains resilient despite signs of cooling hiring momentum and recent weather-related disruptions.Seasonally adjusted initial jobless claims fell by 5,000 to 227,000 in the week ending February 7, the Labor…
Gold and oil prices tumbled on Thursday in a volatile session as traders assess geopolitical tensions and positive economic data. Gold prices slipped more than 2% and silver plunged 7% as stronger US employment data prompts traders to push back expectations for an early Federal Reserve (Fed) interest rate cut.Oil prices…
Indian information technology stocks witnessed their steepest weekly fall since the early days of the COVID-19 pandemic, wiping out nearly $50 billion in market value as investor anxiety over artificial intelligence, weak global cues, and fading hopes of US rate cuts converged into a sharp sell-off.The rout gathered pace on…