European exchanges kicked off the session strongly on Friday, with London’s FTSE 100 rising to 9,227.08 (+0.14 %), Germany’s DAX opening at 23,629.84 (+0.40 %), and France’s CAC 40 reaching 7,845.82 (+0.65 %) in early trading. These gains come as investors in Europe recalibrate their expectations in light of new…
Chinese autonomous driving developer Momenta is weighing a change in its listing plans, with the company considering Hong Kong as the venue for its initial public offering instead of New York, Reuters said in a report, citing sources.The move would add Momenta to a growing list of Chinese firms looking…
In 2025, a spate of high-impact cyberattacks struck prominent UK companies—Co-operative Group (Co-op), Marks & Spencer (M&S) and Jaguar Land Rover (JLR) among them—disrupting operations, exposing customer data, and triggering heavy financial losses. These breaches reveal emerging attack strategies, gaps in corporate defences, and how cyber risk can now ripple…
In a landmark move that draws a sharp new line in the global battle over digital privacy, Meta Platforms Inc. is set to launch paid, ad-free versions of Facebook and Instagram in the United Kingdom. The decision marks a major strategic victory for the social media giant, which has found…
The current supply situation in the copper market remains fragile amid the current supply situation. Copper prices saw a temporary surge of nearly 5% after the operator of Indonesia’s key Grasberg mine declared force majeure on its contracted supplies earlier this week. The production at the mine had to be halted due…
DBS Group Research has upgraded Baidu to a buy rating, pointing to strong prospects for its autonomous driving and cloud businesses as the Chinese tech company accelerates expansion overseas. The brokerage raised its American depositary receipts target to US$177 from US$85 and its Hong Kong-listed shares target to HK$175 from…
TeraWulf Inc., a US-based crypto mining firm, is preparing to raise about $3 billion to fund the expansion of its data centres, with Google Inc. backing the transaction. The deal, arranged by Morgan Stanley, is expected to be launched in October through either the high-yield bond or leveraged loan markets.…
The UK has launched a new national commission to address the use of artificial intelligence in health care, aiming to attract global investment while ensuring patient safety. The commission brings together doctors, academics, and regulatory experts to design a framework for AI medical devices, with a final version expected in…
Hackers have exploited vulnerabilities in Cisco Systems’ firewall devices used across US federal agencies, according to officials.The Cybersecurity and Infrastructure Security Agency (CISA) issued an emergency directive on Thursday, ordering civilian agencies to identify and mitigate breaches.The flaws were used to implant malicious code and execute commands, raising fears of…
The US government is rolling out a bold new plan aimed at shifting the semiconductor industry closer to home.Under this rule, chipmakers will need to produce as many chips inside the country as are imported from overseas, a report by The Wall Street Journal said on Friday.The idea: curb America’s…