News

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Fri, 04 Sep 2026 21:30:07 GMT

Anthropic Deploys Claude 4.5

Anthropic rolls out Claude 4.5 Opus with reinforced safeguards, citing autonomous cyber risks after recent industry security breaches. Testing remains key.

Fri, 04 Sep 2026 18:35:03 GMT

EU Import Ban on Brazilian Meat Hits $1.8B

EU ban on Brazilian animal products takes effect over antimicrobial control concerns, hitting $1.84B in yearly exports; poultry talks offer slight near-term hope.

Fri, 04 Sep 2026 18:30:04 GMT

Carney Signals Canada Ready for Balanced US Trade Deal

PM Carney says Canada is ready for a stable, mutually beneficial US trade pact, brushing off US cabinet remarks; Trump warned Canada's economy could collapse.

Fri, 04 Sep 2026 15:30:05 GMT

Adobe Names Anil Chakravarthy CEO

Adobe taps insider Chakravarthy as CEO to tackle rising AI rivals and lead its software suite; 18-year chief Narayen becomes executive chair.

Fri, 04 Sep 2026 12:30:06 GMT

Nvidia to Acquire Hugging Face in $13 Billion AI Ecosystem Play

Nvidia to buy developer hub Hugging Face for $12.93B to expand open-source reach; platform to stay open across hardware and clouds.

Fri, 04 Sep 2026 09:30:07 GMT

VW Turnaround: 50,000 New Job Cuts

VW to cut 50k more jobs, curb board sway & review 4 German plants from 2031 amid tariffs & China EV pressure. Shares rose 7.9%.

Fri, 04 Sep 2026 06:30:05 GMT

Armani Prepares Stake Sale

One year after founder Giorgio Armani's death, the fashion house is drafting a new business plan as it prepares to sell an initial 15% stake valued at €5B–€7B.

Thu, 03 Sep 2026 18:30:06 GMT

Elliott Builds Stake in Deutsche Telekom

Activist investor Elliott Investment Management has built a stake in Deutsche Telekom and is urging the German carrier to abandon plans for a potential full combination with T-Mobile US in favor of alternative value-unlocking strategies, including larger share buybacks.

Thu, 03 Sep 2026 15:30:05 GMT

Broadcom Hikes Multi-Year AI Forecast to $230B on Surging Big Tech Demand

Broadcom raised its multi-year AI chip outlook on surging Big Tech demand, lifting its fiscal 2027 AI chip revenue forecast to roughly $115 billion (up from $100 billion) and projecting that figure to double to $230 billion in fiscal 2028.

Thu, 03 Sep 2026 12:30:07 GMT

Uber Cuts 10% of Staff to Streamline Layers

Uber is eliminating 10% of its workforce to flatten management and cut costs, CEO Dara Khosrowshahi announced in an internal email.

Thu, 03 Sep 2026 09:30:08 GMT

IMF Warns on Debt

Rising global bond yields and advanced-economy debt threaten to derail debt progress for emerging nations, IMF chief Georgieva says. Senegal faces a key test.

Wed, 02 Sep 2026 21:30:05 GMT

US Tech Euro Debt Risks

US tech giants are flooding the euro bond market to fund AI, potentially crowding out other issuers and driving up borrowing costs.

Wed, 02 Sep 2026 18:30:07 GMT

Honda Plans $9B Cost Cut

Honda asked parts suppliers to cut costs by 30% to save $9.4B by 2030, aiming to counter fierce EV competition from Chinese automakers.

Wed, 02 Sep 2026 15:30:07 GMT

AI Token Prices Hit Record Lows

The LLM Token Expenditure Index sank to a record 97 cents amid fierce competition, cutting user costs while squeezing margins and pricing power for model labs.

Wed, 02 Sep 2026 12:30:04 GMT

Palo Alto Beats on AI Cyber Demand

Palo Alto Networks beat Q4 estimates with $3.41B revenue (+34% YoY) on surging AI security demand, lifted guidance, and plans to acquire AI startup Console.

Wed, 02 Sep 2026 09:30:05 GMT

Dell Drops Ahead of Earnings

Dell fell 4% pre-earnings despite a 266% YTD surge, as high investor expectations for its booming AI server business raised the bar.

Wed, 02 Sep 2026 03:30:05 GMT

Singapore Eyes Foreign Stablecoins

Singapore's MAS may recognize select foreign and cross-border stablecoins under its official regulatory framework.

Tue, 01 Sep 2026 21:30:04 GMT

Venezuela Energy Deals

Chevron, GE Vernova, ONGC, Eni & GeoPark finalize Venezuelan oil pacts under revised rules granting foreign operators direct export and cash rights.

Tue, 01 Sep 2026 21:00:04 GMT

Nissan and Honda Form Software and Electronics Partnership for Next-Gen Vehicles

Nissan and Honda have entered a joint-development agreement to collaborate on standardized electronic control units (ECUs), in-vehicle operating systems, middleware, and vehicle-control software for upcoming software-defined vehicles arriving in fiscal year 2029. Following their scrapped merger plans from early 2025, the Japanese automakers are partnering to shorten development cycles, optimize investment efficiency, and strengthen their global competitiveness against rapidly expanding

Tue, 01 Sep 2026 20:30:04 GMT

BofE Warns of Frontier AI Risks to Financial Stability

Bank of England governor Andrew Bailey urged G20 leaders to enforce strict safety protocols for frontier AI models. He warned that cross-border cybersecurity threats and concentrated third-party dependencies could disrupt markets, demanding enhanced bare-metal recovery capabilities.

Tue, 01 Sep 2026 18:30:04 GMT

Boeing and Engineers Union Set to Resume Contract Talks

Boeing and engineers union SPEEA will resume contract talks Sept 8 after members rejected an earlier 4-year deal, demanding higher general wage increases.

Tue, 01 Sep 2026 15:30:12 GMT

Modi Urges Curb on Gold Buys

PM Modi urged Indians to avoid unnecessary gold purchases and foreign trips, pushing for Swadeshi self-reliance to sustain growth and save foreign exchange.

Tue, 01 Sep 2026 12:30:03 GMT

Anthropic's $35B Cloud Deal

Anthropic agreed to a $35 billion computing deal with Nvidia-backed Lambda to secure Texas data center capacity, fueling growing demand for its Claude AI models.

Tue, 01 Sep 2026 11:34:51 GMT

Peru's Iron Ore Production Surges 41.1% in the First Half of 2026

Peru's accumulated iron ore production reached 7,129,277 metric tons (MT) between January and June 2026, marking a 41.1% increase compared to the same period in 2025. This rebound was driven by the full operational recovery of Shougang Hierro Perú in the Ica region following a temporary shutdown in June 2025 caused by a port accident. Shougang Hierro Perú represented 98.3%

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