European gas prices jump almost 40% due to supply disruption fears
The price of European natural gas soared by almost 40% on Wednesday, as traders who bet on further price drops were…
China’s Internet Giants Order $5bn in Nvidia Chips to Power AI Ambitions
China's Internet Giants are in a frenzy to buy high-performance Nvidia Chips vital for building generative…
White House bans US tech investment in China
Biden's administration will restrict US investments in Chinese quantum computing, advanced chip and artificial…
Gas reaches key $3 mark for the first time since Jan
On Wednesday, speculators chased the price of America's preferred fuel for heating and cooling indoors to…
TSMC will build a chip factory in Germany worth €10bn
Taiwan Semiconductor Manufacturing Company and three corporate partners will build a €10bn facility in Germany. The…
Novo Nordisk’s drug for obesity reduces stroke and heart attack risk
Novo Nordisk’s top-selling obesity medication reduces the risk of strokes or heart attacks, according to findings…
Cornish Lithium receives investment from UK Infrastructure Bank
Cornish Lithium secured its first investment through the UK Infrastructure Bank, a major boost to the company as…
Cambridge’s hopes of becoming the’science capital of Europe’ are…
Michael Gove, the housing secretary at the time, set out plans for transforming the university city of Cambridge.…
Google and Universal Music reach agreement over AI “deepfakes”
Google and Universal Music have begun discussions to license the melodies and vocals of artists for songs created…
The ‘Snooze drag’ workaround allows CLO managers to skirt around…
Investment bankers have discovered a way around a major obstacle that prevents companies with junk ratings from…
Market News: Italy stocks lead losses in Europe after windfall tax on banks
Italian stocks fell after a new surprise tax on bank profits caused the country's banks to tumble, wiping out €9.3…
WeWork Raises “Substantial Doubt” About the Business’s Survival
WeWork Inc. stock plummeted by more than 25 percent in extended trading, after the company said there is…
Treasury could save billions of dollars a year, but it can’t succumb to the…
It was not covered or discussed much in Europe. The European Central Bank announced that it would stop paying…
Lidiane Jones, Slack’s chief executive officer, warns that the cost of chips…
Lidiane Jones is the new CEO of Slack. She believes that the rising cost of generative artificial intelligent could…
BP’s plan for wind farms without subsidies
BP is considering building two huge offshore wind farms in British waters without government subsidy contracts in…
Saudi Aramco gives its shareholders an additional $10bn bonus
The world's largest oil company, despite a drop in profits due to the fall of crude prices, will give an additional…
PayPal launches stablecoin to push deeper into crypto payment
PayPal launches a stablecoin. It is the first major financial institution that has delved into crypto payments,…
Yellow, a US trucker, files for bankruptcy to repay federal loans
US trucking company Yellow filed for bankruptcy on Monday and will close its doors. It collapsed under the weight…