News

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Thu, 12 Jun 2025 09:30:04 GMT

Shell to increase LNG capacity

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.

Thu, 12 Jun 2025 06:30:05 GMT

CPI rises in U.S.

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.

Thu, 12 Jun 2025 03:30:06 GMT

Nintendo's new console sale breaks records

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.

Wed, 11 Jun 2025 21:30:04 GMT

Japan sees slower inflation

Japan's wholesale inflation slowed in May on lower raw material import costs, but food and drink prices rose, reflecting global economic uncertainties.

Wed, 11 Jun 2025 18:30:04 GMT

Tesla to launch robotaxi service on the end of June

Tesla plans to launch its self-driving robotaxi service on June 22, as Elon Musk shifts focus from affordable EVs to autonomous vehicles.

Wed, 11 Jun 2025 15:30:05 GMT

Barclays opens innovation hub wih Nvidia and Microsoft

Barclays opens a new London innovation hub, partnering with tech giants like Microsoft and Nvidia to boost tech collaboration and digital development.

Wed, 11 Jun 2025 12:30:04 GMT

Germany Russian trade at all time low

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.

Wed, 11 Jun 2025 09:30:04 GMT

Bulgaria confirmed to join EU

Bulgaria can officially join the EU, European Commission and European Central Bank has signed off the possible participation.

Wed, 11 Jun 2025 06:30:07 GMT

World Bank cuts 2025 growth

World Bank cuts 2025 global growth forecast to 2.3%, citing trade tensions and geopolitical risks impacting the economy.

Wed, 11 Jun 2025 03:30:06 GMT

UK to increase spending on Military

Britain to invest in military submarine capabilities with total investment reaching over 8 billion pounds.

Tue, 10 Jun 2025 18:30:03 GMT

Barclays to roll out AI tools for employees

Barclays will roll out Microsoft Co-Pilot AI tools to 100,000 employees globally as part of its tech-driven productivity push.

Tue, 10 Jun 2025 15:30:04 GMT

Walmart to have credit cards

Walmart's fintech arm OnePay is expanding its financial services by adding credit cards to its growing portfolio.

Tue, 10 Jun 2025 12:30:04 GMT

Huawei's chips are not as good as U.S

Huawei's chips lag one generation behind U.S. peers, but CEO Ren says performance is improving through techniques like cluster computing, per state media.

Tue, 10 Jun 2025 09:30:04 GMT

U.S. Treasury auctions underway

This week's U.S. Treasury auctions are under close watch, with strong demand for short-term debt but weaker interest in long-term bonds ahead of the July 9 tariff deadline.

Tue, 10 Jun 2025 03:30:06 GMT

Citigroup dismisses restrictions on firearm-related businesses

Citigroup ends its 2018 policy on gun sales, dropping restrictions for firearm-related businesses, saying many now follow best practices on their own.

Mon, 09 Jun 2025 21:30:03 GMT

New South Korea's president to engage in diplomacy

South Korea's new President Lee Jae-myung vows strong deterrence and renewed talks with North Korea, aiming for peace while boosting US-Japan ties.

Mon, 09 Jun 2025 18:30:05 GMT

UniCredit invests in German Fintech

UniCredit invests €10M in Berlin-based fintech Banxware to support its embedded lending platform in a follow-on funding round.

Mon, 09 Jun 2025 15:30:03 GMT

Nintendo's new console gathers demand

Nintendo's Switch 2 launched Thursday to strong demand, with fans lining up and experts warning of global shortages amid high interest in the next-gen console.

Mon, 09 Jun 2025 12:30:04 GMT

Australian household spending rises slightly

Australian household spending edged up just 0.1% in April, signaling weak consumption despite lower borrowing costs and easing inflation, ABS data showed.

Mon, 09 Jun 2025 09:30:05 GMT

BBVA to use AI for safeguarding user data

BBVA adds AI to its mobile app to fight shoulder-surfing, hiding user data when it detects more than one person looking at the screen.

Mon, 09 Jun 2025 06:30:04 GMT

UK to invest in public transport

Rachel Reeves pledges £15bn for transport outside London, aiming to ease MP concerns and highlight Labour's £113bn capital investment plan ahead of the spending review.

Fri, 06 Jun 2025 21:30:04 GMT

Trump restarts travel ban

Trump revives travel ban targeting 12 nations, mostly Muslim-majority, citing national security. Ban takes effect Monday with added restrictions on 7 more.

Fri, 06 Jun 2025 18:30:03 GMT

UK regulator tackles stablecoins

The FCA unveiled new crypto rules, focusing on financial resilience and including stablecoins in its proposed regulatory regime for cryptoasset firms.

Fri, 06 Jun 2025 15:30:05 GMT

HSBC invests in open banking

HSBC has made a strategic investment in open banking payments firm Token.io to boost account-to-account payment tech. Deal value remains undisclosed.

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