Firms manage $7.3tn in assets and could afford to transition away from fossil fuels yet invest in natural gas and coal-fired plants to power datacenters
The Committee discussed ongoing efforts to attract and develop new talent in the securities finance industry. Recent industry-led events have helped reach a wider audience but members noted hiring strategies which are n…
Federal Reserve Chair Kevin Warsh said in Jackson Hole, Wyoming on Friday that inflation is still too high and that interest rates may need to rise in the coming months. He said recent data show inflation has cooled but…
Channel 4 has poached the Channel 5 owner Paramount’s £300m-plus TV advertising sales business from Sky, in a huge boost days after the broadcaster announced it is to cut 340 jobs.
ING strategists Warren Patterson and Ewa Manthey say Gold has slipped as higher Oil prices stoke inflation concerns and reinforce expectations of a potential Federal Reserve rate hike, lifting Treasury yields and the US…
Silver price (XAG/USD) is marginally lower to near $63.14 during the European trading session on Tuesday. The white metal remains under pressure as investors shift their focus to the Federal Reserve’s (Fed) monetary pol…
[LONDON] Britain’s weak jobs market saw employers shed more workers last month, according to figures released ahead of the Bank of England’s latest interest rates decision on Thursday (Sep 17).
The US Dollar (USD) gathers strength to a near two-week high around 99.60 in early European trading on Tuesday as surging oil prices pushed Treasury yields to fresh peaks since 2007. US Consumer Price Index (CPI) accele…
On July 29, Microsoft and Meta announced their earnings reports on the same day, delivering two AI performance reports with completely opposite trends.
Younger drinkers in England and Wales will be able to prove their age with a digital ID starting this week as new laws give pubs, off-licences, nightclubs and restaurants the right to use biometric scanning technology t…
Deutsche Bank’s Jim Reid reports that US equities weakened as AI slowdown headlines triggered a sharp selloff in semiconductor names, dragging the broader S&P 500 lower. The Philly Semiconductor Index suffered its worst…
When President Donald Trump responded to mounting calls for a slowdown in the development of artificial intelligence (AI) on Monday, he was unequivocal.
Standard Chartered’s Chong Hoon Park and Nicholas Chia expect the Bank of Japan (BoJ) to deliver a 25bps rate hike in September but maintain a gradual normalisation path. They argue that USD/JPY is unlikely to fall on B…
US President Donald Trump has said fears about the safety of AI are a "hoax", as he criticised calls to have more guardrails for the fast-moving technology.
August 19, 2026, 2:18 AM EDT. UK consumer-price inflation accelerated to 2.9% in July from 2.6% in June, matching economists’ expectations and moving further above the Bank of England’s 2% target. The increase was drive…
The British Pound (GBP) extends losses against the US Dollar (USD) on Tuesday, with the GBP/USD pair hovering a few pips above five-week lows near 1.3465 at the London session opening times. Mixed UK employment figures …
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7670 compared to the previous day's fix of 6.7698 and 6.7051euters estimate.
Donald Trump is facing a rare backlash from the US Congress as Democrats and some Republicans push for guardrails on the world’s most powerful AI companies.
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