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Financial Markets

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UK unemployment to hit highest since 2015, think tank says
UK unemployment to hit highest since 2015, think tank says

LONDON, U.K.: Britain's labor market is expected to weaken further this year, with unemployment forecast to climb to its highest level...

India IT stocks slump as Anthropic’s AI raises disruption fears
India IT stocks slump as Anthropic’s AI raises disruption fears

MUMBAI, India: India's IT stocks were jolted  as a fresh wave of artificial intelligence innovation reignited fears about the future...

Dow Jones drops 593 points as U.S. financial markets flounder
Dow Jones drops 593 points as U.S. financial markets flounder

NEW YORK, New York - The sell-off in technology stocks accelerated Thursday with leading companies continuing to melt down. The crypto...

Alibaba pledges $431 mln to boost Qwen app during holiday rush
Alibaba pledges $431 mln to boost Qwen app during holiday rush

BEIJING, China: China's Lunar New Year shopping and travel rush is once again becoming a high-stakes battleground for tech giants,...

Tech hit the skids again, but Dow Jones gains 260 points
Tech hit the skids again, but Dow Jones gains 260 points

NEW YORK, New York - AI stocks continued to be pounded on Wednesday dragging the tech sector sharply lower, however the Dow Jones surged...

Gold, oil and metals tumble after Warsh named next Fed chair
Gold, oil and metals tumble after Warsh named next Fed chair

SINGAPORE: A broad selloff swept through global commodities markets on Monday, dragging down prices of precious metals, energy, and...

Technology

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France ditches U.S. video tools as Europe pushes digital sovereignty
France ditches U.S. video tools as Europe pushes digital sovereignty

LONDON, U.K: Across Europe, governments are quietly rewriting the digital foundations of their public sectors, replacing familiar American...

India IT stocks slump as Anthropic’s AI raises disruption fears
India IT stocks slump as Anthropic’s AI raises disruption fears

MUMBAI, India: India's IT stocks were jolted  as a fresh wave of artificial intelligence innovation reignited fears about the future...

China workarounds raise sanctions risks for top Western consultants
China workarounds raise sanctions risks for top Western consultants

BEIJING, China: As geopolitical tensions harden and regulatory barriers multiply, some of the world's biggest consulting firms are...

Musk folds xAI into SpaceX in world’s largest M&A transaction
Musk folds xAI into SpaceX in world’s largest M&A transaction

LOS ANGELES, California: Elon Musk has pushed his business empire deeper into artificial intelligence, announcing on February 2 that...

Alibaba pledges $431 mln to boost Qwen app during holiday rush
Alibaba pledges $431 mln to boost Qwen app during holiday rush

BEIJING, China: China's Lunar New Year shopping and travel rush is once again becoming a high-stakes battleground for tech giants,...

Pure hell Moscow on Epstein files
Pure hell  Moscow on Epstein files

The Russian Foreign Ministry spokeswoman has accused the Western authorities of covering up global child trafficking linked to the...