Tag: Russia

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Europe’s banks brace for Russia fallout

European banks were bracing for the fallout from fresh global sanctions. This is as the Ukraine crisis escalated. Even the U.S. bank executives said...

Currency markets nervously eye Ukraine headlines

Currency markets started the week nervously eying tensions in eastern Europe. And, this is with the safe-haven yen not far from a two-week high....

UniCredit unlikely to pursue deal for Russia’s Otkritie

UniCredit is unlikely to pursue a deal for Moscow-based lender Otkritie Bank. This was heard after Russian daily Kommersant reported that Italy’s second-biggest bank had lost interest....

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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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