Standard Chartered PLC reported a pre-tax profit of $2.33 billion for the second quarter of 2026,…
Tag: editor-pick
Ofgem Proposes Fees to Curb Speculative Data Centers
Britain’s energy regulator, Ofgem, announced on Wednesday a consultation on a proposed commitment fee aimed at…
Fed Holds Rates Steady Amid Inflation and Oil Price Concerns
The Federal Reserve announced on Wednesday it would keep its benchmark interest rate steady at approximately…
UBS Q2 Profit Rises 17% to $2.8 Billion, Plans $3 Billion
UBS reported a net profit of $2.8 billion for the second quarter of 2026, marking a…
Rio Tinto Reports 43% Profit Rise, Boosts Dividend to $2.11
Rio Tinto Ltd reported a 43% increase in its half-year profit, reaching $6.85 billion, driven by…
Nvidia’s Huang Urges US Against AI Model Restrictions Amid
Nvidia CEO Jensen Huang urged the United States to avoid imposing restrictions on open-weight AI models…
Burnham faces tax hikes or spending cuts to fund pledges
Andy Burnham, the newly appointed Prime Minister of the UK, has been warned by the National…
US Bans New Chinese Robots, Power Inverters Over Security
The Trump administration announced a ban on the import and sale of new Chinese robots and…
Core Scientific Signs $14 Billion AI Deal with AMD
Core Scientific has entered a 15-year agreement with Advanced Micro Devices (AMD) for AI infrastructure, potentially…
CME Sues CFTC Over Regulation of Perpetual Futures Market
The CME Group has filed a lawsuit against the Commodity Futures Trading Commission (CFTC) over the…