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Nvidia CEO says this decade will be big for autonomous vehicles and robotics, with AVs rising fast in the U.S. and China as firms expand robotaxi services.
BoE chief Andrew Bailey urges UK to deepen EU ties, warning weaker trade post-Brexit hurts the economy and makes controlling inflation more difficult.
U.S. jobless claims stayed at an 8-month high, signaling a cooling labor market, while May producer prices eased, supporting possible Fed rate cuts.
Meta buys 49% of Scale AI for $14.3B, valuing it at $29B. CEO Alexandr Wang joins Meta to lead a new AGI team amid the AI race in Silicon Valley.
Oil prices surged over 9% after Israel struck Iran, sparking supply fears. Brent hit $78.50, WTI $77.62 — highest levels since January.
Oil prices surged more than 9% on Friday following Israel's airstrike on Iran, marking the highest levels in nearly five months. The dramatic escalation in Middle East tensions has raised serious concerns about potential disruptions to global oil supplies, particularly from a region that plays a critical role in energy markets. Price of crude jumped $6.29, or 9.07%, to $75.65 a
Economists say Trump's tax law could cost $3T over 10 years. The White House disputes this, claiming it will generate up to $8T—a sharp $11T gap in estimates.
UK GDP fell 0.3% in April 2025 after 0.2% growth in March. Services, production down; construction up. GDP rose 0.7% in 3 months to April. Inflation error noted.
Trump's tariffs may halt BOJ rate hikes, says ex-BOJ official Masai, citing likely export and wage hits. Next hike may be delayed until 2026 due to U.S. trade risks.
TotalEnergies and French AI startup Mistral will launch a joint innovation lab to boost AI applications, combining expertise from both companies.
PayPal expands stablecoin to Stellar network to boost speed and lower costs, aiming to enhance utility and broaden adoption across blockchain platforms.
Airbus aims for 820 deliveries in 2025 despite supply delays, with 40 jets awaiting engines. CEO says chains improved but key bottlenecks remain.
After a brief period of sideways movement, the FX pair is showing fresh bullish momentum, pushing the price near the 1.16300 level. This suggests that buyers are gaining strength again after a phase of indecision in the market. The recent consolidation acted as a base, and now the price is approaching a key resistance zone at 1.16300. This move may be
Shell plans to add up to 12M tons of LNG capacity by 2030 from ongoing projects, boosting its position as the world's top LNG trader, an exec said Wednesday.
Oracle reported strong results for fiscal Q4 and full year 2025, with Q4 revenue rising 11% year-over-year to $15.9 billion. Cloud revenue reached $6.7 billion, up 27%, driven by 52% growth in cloud infrastructure (IaaS) and 12% growth in cloud applications (SaaS). Fusion and NetSuite Cloud ERP revenues each hit $1 billion, growing 22% and 18% respectively. GAAP earnings per
U.S. CPI rose 0.1% in May vs. 0.2% in April, with annual inflation at 2.4%. Cheaper gas helped, but tariffs may push prices higher in coming months.
Nintendo sold over 3.5M Switch 2 units in 4 days, making it its fastest-selling console. It expects 15M units sold by March next year.
Japan's wholesale inflation slowed in May on lower raw material import costs, but food and drink prices rose, reflecting global economic uncertainties.
Tesla plans to launch its self-driving robotaxi service on June 22, as Elon Musk shifts focus from affordable EVs to autonomous vehicles.
Barclays opens a new London innovation hub, partnering with tech giants like Microsoft and Nvidia to boost tech collaboration and digital development.
In May, consumer prices rose by 0.1%, which is slightly less than the 0.2% increase seen in April, according to the U.S. Bureau of Labor Statistics. Over the past year, overall prices have gone up by 2.4%. Housing costs increased by 0.3% in May and were the main driver of the monthly price rise. Food prices also rose by 0.3%, both
Germany cut Russian imports by 95% and exports by 72% (2021–2024). EU trade with Russia also plunged, slashing the deficit from €147.5B in 2022 to €4.5B in 2024.
The FX pair is currently trading within a well-defined consolidation zone between 142.300 and 146.000, reflecting a period of indecision as market participants assess the next directional move. The 146.000 level is acting as a key resistance barrier, and a decisive breakout above this level could trigger increased bullish momentum. Should this resistance be breached with strong volume or confirmation
Gold has been trading sideways, closing above 3318 , in previous week. Economic Calendar Analysis Continuation of elevated uncertainty could bring volatility in the gold market. XAU/USD short-term forecast In the shorter time frame, sideways trading may persist within the 3280.00 to 3382.00 range, indicating a phase of consolidation as market participants await clearer directional cues. This suggests that neither buyers nor sellers