What is the real effect of AI on productivity?
Artificial intelligence has become the storyline of the decade, but much of the public debate misses what is already happening…
US stocks pull back as Cisco pops, Disney drops and gold breaks $4,200
US stocks dipped on Thursday as the recent market rotation cooled off, even after it helped push the Dow to…
Commodity wrap: silver leads commodity rally with record highs as gold, oil climb
Gold and crude oil rose on Thursday even as silver prices outshined all non-agricultural commodities with its impressive rally so…
Europe bulletin: UK economic slowdown, Novo Nordisk shake-up, Dutch-China chip talks
Europe’s economic and corporate landscape is shifting under the weight of sluggish growth, regulatory pressure, and rising geopolitical tensions. The…
Spare capacity shields Russian oil refineries from Ukraine’s drone offensive
Despite facing Ukraine’s most significant drone attacks so far, Russia’s oil processing has only declined by a mere 3% this…
Evening digest: US gridlock deepens, Tesla CarPlay plans, Disney’s mixed Q4
Political gridlock, corporate shifts, and tech developments shape today’s major stories in the US and beyond. Washington may have reopened…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
India’s inflation cools to record 0.25% in October, strengthening rate-cut hopes
India’s inflation cooled to a record low, driven by a steep fall in food prices that has strengthened expectations of…
Guests evicted, refunds stalled: how the Sonder bankruptcy turned into a nightmare for customers
An “immediate wind-down of operations” announced by Sonder Holdings on Monday, following its Chapter 7 bankruptcy filing, quickly turned into…
Brazil’s Ibovespa futures edge higher as markets eye end of US shutdown
Ibovespa futures opened with a modest high on Wednesday, with investors more optimistic and global markets weighing a risk on the…