News

Note: This section contains information in English only.
Wed, 18 Feb 2026 12:30:10 GMT

Microsoft Plans $50B AI Investment in Global South

Microsoft says it is on track to invest $50 billion by 2030 to expand AI across developing countries, announced at an AI summit in New Delhi.

Wed, 18 Feb 2026 09:30:06 GMT

Nvidia & Meta Expand AI Chip Deal

Nvidia will supply Meta with millions of new AI GPUs and CPUs for data centers, deepening their multiyear partnership to power advanced AI systems.

Wed, 18 Feb 2026 06:30:08 GMT

Google to Get 150MW from Ormat Geothermal Deal

Ormat signs long-term PPA with NV Energy to supply Google's Nevada operations, with new projects coming online 2028.

Wed, 18 Feb 2026 03:30:10 GMT

EU Approves €74B in Defence Loans

EU ministers approved €74B in defence plans under the €150B SAFE scheme, funding weapons, drones and air defence systems.

Tue, 17 Feb 2026 21:30:05 GMT

Warner Bros Gives Paramount 7-Day Deadline

Warner Bros rejected Paramount's share bid, backs its Netflix deal, and gave Paramount 7 days to submit a final, higher offer.

Tue, 17 Feb 2026 18:30:04 GMT

Goldman Sachs Taps Anthropic for AI Agents

Goldman Sachs is working with Anthropic to deploy AI agents based on Claude for accounting, compliance and client on-boarding, aiming to boost efficiency and automation across the bank.

Tue, 17 Feb 2026 15:30:18 GMT

UK Banks Plan Visa, Mastercard Alternative

UK bank chiefs plan a new payments system to cut reliance on US firms Visa and Mastercard, amid fears Trump could disrupt services.

Tue, 17 Feb 2026 12:30:05 GMT

UBS China Silver Fund Sparks Investor Backlash

Over 200,000 Chinese investors complained after UBS changed its silver fund valuation, deepening losses amid a global price crash.

Tue, 17 Feb 2026 09:30:05 GMT

Volkswagen AG to Cut Costs 20% by 2028

Volkswagen plans 20% cost cuts by 2028 to tackle China slowdown, high costs and US tariffs; 35,000 German jobs to go by 2030.

Tue, 17 Feb 2026 06:30:07 GMT

People's Bank of China Expands Oversight of Major Banks

China added China Zheshang Bank to its systemically important banks list, raising total to 21, as regulators tighten scrutiny over property-sector debt risks.

Tue, 17 Feb 2026 03:30:10 GMT

Lloyds Banking Group Probes Staff Data Use in Pay Talks

CEO Charlie Nunn says the bank is reviewing its use of 30,000 employees' account data in union pay talks after privacy concerns and inquiries by Information Commissioner's Office.

Mon, 16 Feb 2026 21:30:10 GMT

Minimum Wage Linked to Youth Jobless Rise

Policymaker Catherine Mann says sharp UK minimum wage hikes have pushed youth unemployment to 13.7%, not signaling wider job losses.

Mon, 16 Feb 2026 18:30:04 GMT

ECB Expands Euro Backstop Globally

The European Central Bank, led by Christine Lagarde, will offer global standing euro repo access from Q3 2026 to boost the euro's role and guard against market stress.

Mon, 16 Feb 2026 15:30:05 GMT

Takaichi to Meet BOJ Chief After Election Win

Japan PM Sanae Takaichi meets BOJ Gov Kazuo Ueda as markets eye possible rate hike amid yen rebound and inflation pressure.

Mon, 16 Feb 2026 12:30:06 GMT

Xiaomi SUV Tops China EV Sales

Xiaomi's YU7 SUV led China auto sales in January with 37,869 units,double Tesla's Model Y, marking a major shift in the EV market.

Mon, 16 Feb 2026 09:30:13 GMT

Dow Inc Stages Surprise Comeback

Dow Inc. shares jumped 40% in 2026 despite a $2.6B 2025 loss, as investors back its $2B restructuring plan and margin recovery efforts.

Mon, 16 Feb 2026 06:30:05 GMT

Trump Plans to Ease Metal Tariffs

President Trump is reviewing steel and aluminium tariffs, considering exemptions on some goods to ease consumer costs ahead of midterm elections.

Mon, 16 Feb 2026 03:30:08 GMT

US Inflation Cools to 2.4% in January

US consumer prices rose 0.2% in January and 2.4% year over year, below expectations, as energy and used car prices declined.

Fri, 13 Feb 2026 21:30:05 GMT

OPEC+ Eyes April Output Hike

OPEC+ is leaning toward resuming oil output increases from April as demand rises and Brent trades near six-month highs.

Fri, 13 Feb 2026 18:30:04 GMT

Hong Kong Banks' Profit Growth Slows

Hong Kong retail banks' profit growth slowed to 7.3% as rising bad debts and thinner margins offset wealth income, data from the Hong Kong Monetary Authority showed.

Fri, 13 Feb 2026 15:30:07 GMT

Memory Prices Surge 600%, Hitting China Tech Firms

A global chip crunch has pushed memory prices up over 600%, squeezing Chinese smartphone and broadband device makers amid AI-driven demand.

Fri, 13 Feb 2026 12:30:07 GMT

Goldman Sachs Lawyer Resigns Over Epstein Emails

Goldman Sachs Chief Legal Officer Kathy Ruemmler will step down after emails revealed close ties to Jeffrey Epstein.

Fri, 13 Feb 2026 09:30:04 GMT

Global EV Sales Dip in January

Global EV sales fell 3% to 1.2M units as demand slumped in China and North America, data from Benchmark Mineral Intelligence

Fri, 13 Feb 2026 07:40:06 GMT

Deutsche Bank Expands in Emerging Markets

Deutsche Bank plans to hire up to 50 private bankers in emerging markets, boosting wealth services and Lombard lending growth.

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