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Tech giants team up to defend against AI-driven cyberattacks
Business News

Tech giants team up to defend against AI-driven cyberattacks

A large number of technology companies have entered into a collaboration to better defend against AI-driven cyberattacks.
Asian stock markets rise as China memory giant CXMT surges on AI wave
Business News

Asian stock markets rise as China memory giant CXMT surges on AI wave

Several of the leading indices in Asia are starting the trading week with gains - and in China, another memory giant is rising on the AI wave.
Oil prices fall sharply as futures trading opens for the week
Business News

Oil prices fall sharply as futures trading opens for the week

Paramount delays Warner Bros. Discovery takeover until June next year
Business News

Paramount delays Warner Bros. Discovery takeover until June next year

Paramount Skydance says it has agreed to delay its purchase of Warner Bros Discovery. The reason is various legal proceedings, CNBC reports
Overweight cats become target for obesity drug trials
Business News

Overweight cats become target for obesity drug trials

Weight loss drugs like Ozempic and Mounjaro have become bestsellers and have changed the lives of thousands of people. Fortunately, pets like cats may be a few extra pounds under their coats
Oil prices edge higher after volatile trading on Middle East conflict
Business News

Oil prices edge higher after volatile trading on Middle East conflict

The price of crude oil is rising marginally after a roller-coaster Monday amid conflicting news from the war-torn Middle East.
Iraq and Syria sign deal to rebuild oil pipeline to the Mediterranean
Business News

Iraq and Syria sign deal to rebuild oil pipeline to the Mediterranean

Iraq and Syria agree to rebuild a destroyed oil pipeline to the Mediterranean Sea - an alternative to the sea route via the Strait of Hormuz.
Netflix stock falls 8% after quarterly results meet expectations, outlook misses estimates
Business News

Netflix stock falls 8% after quarterly results meet expectations, outlook misses estimates

Netflix's quarterly results after the New York stock market closed were broadly in line with analysts' expectations. The stock is falling sharply in after-hours trading in New York
Fed official Lorie Logan calls for higher US interest rates at July 29 meeting
Business News

Fed official Lorie Logan calls for higher US interest rates at July 29 meeting

Lorie Logan - one of the Federal Reserve's (Fed) top decision-makers - wants the US interest rate raised at the Fed meeting on July 29.
SpaceX shares fall below IPO price for the first time
Business News

SpaceX shares fall below IPO price for the first time

On June 12, the much-hyped IPO of space and AI company SpaceX took place in New York. On Wednesday, the stock traded below its IPO price of $135 for the first time
Trump pays $5.6 million to E. Jean Carroll in damages
World News

Trump pays $5.6 million to E. Jean Carroll in damages

US President Donald Trump has now paid $5. 6 million in damages to author E
Asian stocks fall again as oil rises after fresh US-Iran attacks near Strait of Hormuz
Business News

Asian stocks fall again as oil rises after fresh US-Iran attacks near Strait of Hormuz

Stock markets down, oil up. Several of the leading indices in Asia continue to fall in Tuesday's trading
Dozens of states sue to block Paramount-Warner Bros. Discovery deal
Business News

Dozens of states sue to block Paramount-Warner Bros. Discovery deal

Several states in the US are joining forces to stop the giant deal between media giants Paramount and Warner Bros Discovery.
Asian stocks fall as SK Hynix, Samsung sink sharply in South Korea
Business News

Asian stocks fall as SK Hynix, Samsung sink sharply in South Korea

Several leading indices in Asia are down in Monday trading. The mood in South Korea is particularly weak, with the Kospi falling sharply
Oil prices rise as US-Iran attacks raise Strait of Hormuz tensions
Business News

Oil prices rise as US-Iran attacks raise Strait of Hormuz tensions

Wall Street falls on AI concerns and rising oil prices
Business News

Wall Street falls on AI concerns and rising oil prices

New AI frenzy and rising oil prices gave the New York Stock Exchange a gloomy look on Tuesday.
Microsoft cuts 4,800 jobs as Xbox division loses 3,200 positions
Business News

Microsoft cuts 4,800 jobs as Xbox division loses 3,200 positions

Software giant Microsoft has had a tough year on the New York Stock Exchange and is cutting 4,800 jobs to lower costs.
Japan raises visa fees for first time since 1978, up to fivefold increase
Business News

Japan raises visa fees for first time since 1978, up to fivefold increase

Japan has raised visa prices for the first time since 1978. The fees will be up to five times higher, CNBC reports
Oil prices rise after fresh Persian Gulf attacks, trade opens higher Monday night
Business News

Oil prices rise after fresh Persian Gulf attacks, trade opens higher Monday night

After a weekend of fresh attacks in the Persian Gulf, oil futures rose when trading reopened Monday night.
Norwegian oil lockout hits 1,000 workers as strike threatens production gains
Business News

Norwegian oil lockout hits 1,000 workers as strike threatens production gains

A union conflict in the Norwegian oil service sector is escalating. Around 1,000 Norwegian oil workers are being locked out - which could have major consequences for production, CNBC reports
Toyota can overtake GM in US vehicle sales
Business News

Toyota can overtake GM in US vehicle sales

Japanese car giant Toyota is closing in on American competitor General Motors (GM) in the race to sell the most vehicles in the United States, according to a new forecast.
Micron exceeds analysts' expectations by a wide margin
Business News

Micron exceeds analysts' expectations by a wide margin

Chip giant Micron Technology significantly beats market analysts' expectations.
Bonuses at South Korean chip giants Samsung and SK Hynix create inflation fears
Business News

Bonuses at South Korean chip giants Samsung and SK Hynix create inflation fears

South Korean chip giants Samsung and SK Hynix are set to pay large bonuses to employees, with South Korea's central bank warning that the payments could fuel inflation, CNBC reports.
SpaceX and Microsoft in tight battle for rankings of world's most valuable listed companies
Business News

SpaceX and Microsoft in tight battle for rankings of world's most valuable listed companies

SpaceX's rocket trip on Wall Street has shaken up the rankings of the world's most valuable listed companies. The company is now battling Microsoft for fourth place
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