Swiss National Bank Warns of Slower Growth Amid Rising Global Risks

Swiss National Bank (SNB) Chairman Martin Schlegel warned on Friday that rising global economic risks, fueled by U.S. tariffs and trade uncertainty, will likely slow Switzerlands economic growth. Speaking at the SNBs...

Dollar Rises Amid Trade Deal Uncertainty, Yen and Franc Strengthen

The U.S. dollar edged higher Friday, rebounding from earlier losses as markets reacted to mixed signals from President Donald Trump on trade talks and monetary policy. The greenback has swung sharply this week, falling 1%...

Asian Tech Stocks Climb on Alphabet Earnings and AI Optimism

Asian stock markets mostly advanced on Friday, driven by a rally in tech shares after Alphabets strong earnings and bullish AI outlook. The U.S. tech giant beat earnings expectations and reaffirmed its commitment to...

Oil Prices Inch Up but Face Weekly Loss on OPEC+, Geopolitical Developments

Oil prices edged higher early Friday but remained on track for a weekly decline amid rising supply prospects and mixed signals on global demand. Brent crude futures rose 5 cents to $66.60 a barrel, while U.S. West Texas...

Marco Rubio Appoints Ex-Consultant Brendan Hanrahan to Lead State Department’s Europe Bureau

Secretary of State Marco Rubio has appointed Brendan Hanrahan, a former Senate staffer and private sector consultant, as the U.S. State Departments top official for European affairs. The move, first reported by Reuters,...

FTC Offers Staff Incentives to Leave Amid Key Antitrust Battles

The U.S. Federal Trade Commission (FTC) is offering financial incentives for employees to voluntarily leave, according to an internal email seen by Reuters. Approved staff will be paid through September 30 but will not...

EU, U.S. Struggle to Finalize Tariff Deal as Fears Over Chinese Goods Rise

The United States and the European Union are still far from reaching a deal to prevent new tariffs, EU Economic Commissioner Valdis Dombrovskis said during the IMF meetings in Washington. The U.S. imposed 25% tariffs on EU...

Marcos Orders Probe Into Alleged Chinese Interference in Philippine Elections

Philippine President Ferdinand Marcos Jr. has ordered a full investigation into alleged Chinese interference in the countrys upcoming May elections, following alarming reports from top security officials. Presidential...

AstraZeneca’s Imfinzi Gets US Approval for Bladder Cancer Treatment

AstraZenecas drug Imfinzi (NASDAQ: AZN) has received U.S. approval to treat adult patients with muscle-invasive bladder cancer, a significant advancement in cancer therapy. The approval allows Imfinzi to be used in...

Sanofi’s New Hemophilia Drug Qfitlia Gains FDA Approval with Breakthrough Bimonthly Dosing

The U.S. Food and Drug Administration (FDA) has approved Qfitlia, a groundbreaking hemophilia treatment by French pharmaceutical giant Sanofi (NASDAQ: SNY). Designed for patients aged 12 and older with hemophilia A or B,...

FDA Vaccine Chief Peter Marks Resigns Amid Controversy Over Transparency

Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....

Museums have tons of data, and AI could make it more accessible − but standardizing and organizing it across fields won’t be easy

Chinese AI Startup Behind Manus Raises $75M, Targets Global Expansion

Chinese AI startup Butterfly Effect, the creator of Manus AI, has raised $75 million in a funding round led by U.S.-based venture capital firm Benchmark, according to a Bloomberg report citing sources familiar with the...

Intel Sees Surge in Older Chip Demand Amid U.S.-China Trade War Fears

Intel (NASDAQ: INTC) is experiencing a rise in demand for its older-generation PC and server chips as the U.S.-China trade war intensifies, executives revealed after the companys latest earnings release. Economic...

Baidu Launches Advanced Ernie AI Models to Compete in China’s Growing AI Race

Baidu (NASDAQ:BIDU) has launched upgraded versions of its Ernie artificial intelligence models, intensifying its push in Chinas fast-evolving AI landscape. At a developer conference held in Wuhan, CEO Robin Li introduced...

South Korea Flags DeepSeek for Unauthorized Data Transfers to China and U.S.

South Koreas Personal Information Protection Commission (PIPC) has accused Chinese AI startup DeepSeek of transferring personal user data and prompt content without consent during its app launch in January 2025. The PIPC...