Tag: Business

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Boeing reports a larger loss due to changes in the defence industry

Boeing Co. (BA.N) unpredictably disclosed a larger deficit in the third quarter as hefty losses at its struggling military division were caused by cost...

ECB expected to highlight vulnerabilities in its non-binding assessment of the Spanish tax policy

Two sources with first-hand knowledge of the situation claimed that the European Central Bank is planning to warn in a forthcoming non-binding opinion of...

Hunt, the newly appointed UK finance minister, abruptly abandons Truss’s economic strategy

One of the largest fiscal and monetary policy boomerang motions in British history was started on Monday by new finance minister Jeremy Hunt, who...

Abu Dhabi fund ADQ wields economic diplomacy to forge regional ties

As per three sources, Abu Dhabi has changed its policy to use the sovereign fund ADQ to make investments all across the region as...

Germany’s RWE purchases sustainable energy from Con Edison in a $6.8 billion shift

RWE (RWEG.DE), the largest power producer in Germany, has agreed to pay $6.8 billion for Con Edison's (ED.N) Clean Energy Businesses, roughly doubling RWE's...

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China’s AI Stock Boom Collapses as $480 Billion in Market Value Is Wiped Out

China’s artificial intelligence and semiconductor stocks have suffered a...

Trump Says US Crackdown Has Prevented Billions in Losses From Overseas Scams

US President Donald Trump said his administration has made...

Palantir Assures Europe NATO’s Military AI System Cannot Be Switched Off Amid US Technology Concerns

US software company Palantir Technologies has sought to ease...

Anthropic Reports $80.7 Billion First-Half Loss as AI Infrastructure Costs and IPO Scrutiny Intensify

Anthropic, the San Francisco-based artificial intelligence company behind the...

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