Oil Extends Drop as Middle East Push, China Demand Worries Weigh
Oil extended the biggest drop in two weeks as the US said Israel accepted a cease-fire proposal in Gaza, potentially easing supply risks amid mounting…
Category: FINANCE
BMW recalls over 720,000 vehicles over short circuit concern, NHTSA says
BMW is recalling 720,796 U.S. vehicles over concerns of a short circuit, the National Highway Traffic Safety Administration said on Tuesday. “An improperly sealed electrical…
Global stocks higher after Wall Street extends its winning streak to longest of the year
Financial Markets Wall Street World stocks mostly rose Tuesday after Wall Street pushed closer to record highs following its roller coaster of a summer. France’s CAC 40…
Global markets jittery after sharp share price falls
Stock markets in Europe remained unsettled on Tuesday despite a rebound in Japan which almost reversed record falls at the start of the week. London’s…
Fed decision looms after US gov moves Bitcoin – here’s what to expect
The US Federal Reserve is set to announce its decision regarding interest rates this Wednesday afternoon at around 2PM EDT. As it stands, the Fed…
Bank of Japan raises interest rate to 0.25%, cuts bond purchases in major policy shift
The Bank of Japan (BoJ) has increased its benchmark interest rate to 0.25% and announced plans to halve its monthly bond purchases, marking a significant…
The huge challenges in creating fusion power plant
The project to build a nuclear fusion reactor in Nottinghamshire has been described as the “UK’s Nasa moment”. But beyond the optimism of an event showcasing…
Namibia turns the visa tables on Western nations
Namibian Michelle Nehoya has spent nearly $500 (£390) on the application process for a visa to visit Canada – but almost two years later it…
How AI is fuelling uncertainty for game developers
“I’m very aware that I could wake up tomorrow and my job could be gone,” says Jess Hyland. The video game artist says the industry…
What is ‘AI washing’ and why is it a problem?
Amazon received critical headlines this year when reports questioned the “Just Walk Out” technology installed at many of its physical grocery stores. The AI-powered system…