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Tue, Aug 11, 2026 02:27 PM All times are UTC

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Citigroup Expands Citi AI Tools to Boost Global Employee Efficiency

May 22, 2025 06:03 am UTC| Business Technology

Citigroup has launched Citi AI, a powerful suite of artificial intelligence tools aimed at enhancing internal operations across its global workforce. Initially introduced to staff in Hong Kong, the AI tools are now...

Goldman Sachs Unifies Asian Investment Banking Operations Under Single Leadership

May 22, 2025 04:00 am UTC| Business

Goldman Sachs is restructuring its Asian investment banking operations by consolidating its three previously separate regional units into one unified entity. This strategic move aims to streamline deal advisory and capital...

Sam Altman Targets 100M AI Devices by 2026 in $6.5B Push with Jony Ive

May 22, 2025 03:51 am UTC| Technology Business

OpenAI CEO Sam Altman has revealed plans to launch a groundbreaking AI device by the end of 2026, aiming to sell 100 million units. According to the Wall Street Journal, Altman shared the ambitious goal during a recent...

Xpeng Stock Soars on Strong Q1 Results and Bullish Q2 Forecast

May 22, 2025 03:17 am UTC| Business Technology

Shares of Chinese electric vehicle maker Xpeng Inc (NYSE: XPEV, HK: 9868) surged after the company posted impressive first-quarter earnings and a bullish forecast for Q2, signaling strong momentum in the competitive EV...

Trump Signals Possible IPO for Fannie Mae and Freddie Mac

May 22, 2025 03:03 am UTC| Politics Business

U.S. President Donald Trump announced Wednesday that he is seriously considering taking Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) public. The two government-sponsored enterprises (GSEs), which play a central role in...

Trump Awaits CFIUS Ruling on Nippon Steel's $14.9B U.S. Steel Takeover Bid

May 22, 2025 02:59 am UTC| Business Politics

A critical U.S. national security panel has submitted its recommendation to President Donald Trump regarding Nippon Steels contested $14.9 billion acquisition of U.S. Steel, according to a source familiar with the matter....

Republicans Urge FTC to Investigate Google Over Alleged Email Bias

May 22, 2025 02:48 am UTC| Politics Governance Business Technology

Republican campaign committees are calling on the Federal Trade Commission (FTC) to launch an investigation into Google (NASDAQ: GOOGL) over claims of email suppression targeting conservative groups, according to a report...

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Economy

Asian Currencies Steady as Markets Await U.S. Inflation Data

Asian currencies and the U.S. dollar traded in narrow ranges on Tuesday as investors stayed cautious ahead of key U.S. inflation data that could influence expectations for the Federal Reserves interest-rate outlook. The...

Asian Stocks Mixed as RBA Holds Rates, Oil Risks Rise

Asian stocks traded mixed on Tuesday as gains in South Korea and Singapore offset weakness across several regional markets. Investors assessed the Reserve Bank of Australias latest interest rate decision while monitoring...

Oil Prices Rise as US-Iran Talks Stall, Inflation Risks Grow

Oil prices climbed on Tuesday as stalled U.S.-Iran peace negotiations and uncertainty over reopening the Strait of Hormuz renewed concerns about global energy supplies. Asian stock markets, meanwhile, traded cautiously as...

Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy

Singapore has sharply upgraded its 2026 economic growth forecast, citing stronger global artificial intelligence investment, resilient external demand and a less severe economic impact from the Middle East conflict than...

Gold Price Hits Two-Month High as Investors Await US Inflation Data

Gold prices extended their rally on Tuesday, climbing to their highest level in more than two months as strong investor demand, safe-haven buying and bullish momentum outweighed pressure from higher U.S. Treasury yields, a...

Politics

Ukraine Accuses Russia of Systematic Torture of POWs and Civilian Detainees

Former Ukrainian detainees and government officials have accused Russia of widespread and systematic torture of Ukrainian prisoners of war and civilian detainees, alleging beatings, electric shocks, sexual violence and...

Houthi Attack on Yemen’s Mocha Port Kills 7, Injures 30

At least seven people were killed and 30 others wounded after Houthi forces launched a major attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. The military said in a statement early Monday that...

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Trump Secretly Switched Planes in Turkey After Iran Threat, Report Says

U.S. President Donald Trump secretly switched to a smaller military aircraft while leaving Turkey last month due to a potential Iranian security threat, according to a Washington Post report published Monday. Trump had...

FCC Steps Up China Tech Crackdown as Beijing Pushes Back

The U.S. Federal Communications Commission (FCC) has emerged as a key force in the Trump administrations technology and national security strategy toward China, expanding its role far beyond traditional oversight of...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...