Breaking

BoE Loosens Capital Rules

The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c...

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OpenAI Faces Renewed Competitive Pressure

OpenAI is entering a more demanding phase of the consumer AI race after Sam Altman issued a call for staff to concentrat... Read more

META Prepares Sharp Cut To Metaverse Spending

Meta is preparing to scale back its metaverse ambitions as Mark Zuckerberg accelerates a strategic shift towards artific... Read more

BlackRock Looks To Human Fund Managers

BlackRock is overhauling its flagship quantitative hedge fund as it prepares to challenge some of the industry’s most ... Read more

Nvidia Chip Demand Defies Talk Of A Slowdown

Nvidia has delivered another set of powerful quarterly results that eased investor nerves and strengthened confidence in... Read more

META Wins Antitrust Case

Meta has secured a decisive victory in one of the most significant US antitrust cases in years, after a federal judge re... Read more

Amazons AI Boom UPs Profits, But 14,000 Are Axed

Amazon has reported its strongest cloud growth in nearly three years, powered by surging demand for artificial intellige... Read more

Trump Pardons Binance Founder

ChatGPT said:Donald Trump has granted a presidential pardon to Changpeng Zhao, the billionaire founder of Binance, closi... Read more

Powell: AI Investment Is No Bubble

Federal Reserve Chair Jerome Powell has drawn a clear line between the current boom in artificial intelligence and the e... Read more

Big Four Firms Race To Deliver AI

The world’s largest accounting firms are developing a new type of audit for artificial intelligence. Deloitte, EY and ... Read more

Apple Races Ahead With $700 Million Formula 1 Deal

Apple has signed a landmark $700 million agreement to broadcast Formula 1 races in the United States, marking its bigges... Read more

Downside Protection: The Price Of Staying Safe

Global equity markets are back at record levels. The S&P 500, Nasdaq and Europe’s Stoxx 600 all sit near all-time ... Read more

Revoluts Nik Storonsky Moves His Residency To UAE

Nik Storonsky, the billionaire co-founder and chief executive of Revolut, has formally shifted his country of residence ... Read more

Banks Warn Of Market Bubble

Wall Street’s largest banks have posted their strongest results in years, lifted by a resurgence in dealmaking and a r... Read more

BlackRocks Assets Hit Record $13.5 Trillion

BlackRock’s assets under management rose to a record $13.5 trillion in the third quarter, underscoring its d... Read more