US consumer prices rose moderately in February, suggesting inflation remained contained before a recent surge in energy prices triggered by the conflict involving Iran, according to government data released on Wednesday.The Consumer Price Index increased 0.3% in February after rising 0.2% in January, the Labor Department’s Bureau of Labor Statistics…
The markets in Europe delivered mixed signals on Wednesday as investors remained on edge amid escalating war, regulatory breakthroughs, and warnings from the central bank.The biggest development came from the fintech space as Revolut secured a long-awaited UK banking license.But the tensions remained high as the European Central Bank cautioned…
Uncertainty continued to linger in the global markets on Wednesday as the US-Israel-Iran conflict entered its 12th day.The International Energy Agency said it would release 400 million barrels of oil from strategic reserves as the Iran war disrupts energy flows.In technology, Elon Musk introduced “Macrohard,” a Tesla-xAI project aimed at…
Japanese investment firm Metaplanet has launched a new venture initiative aimed at supporting the development of Bitcoin infrastructure and startups in Japan, as the country moves toward recognizing Bitcoin as a regulated financial asset in the coming years.The company announced that it has established Metaplanet Ventures K.K., a new venture…
Artificial intelligence coding startup Cursor is reportedly in discussions with investors for a new funding round that could value the company at about $50 billion, nearly doubling its valuation from last year as demand for AI-powered programming tools accelerates.According to a Bloomberg report, the talks are still preliminary and may…
IAG and EasyJet share prices have slumped this month as geopolitical tensions continued, pushing crude oil above $100. EasyJet stock dropped to 397p, down by 25% from the highest point in December, and 30% from its 2025 highest point.Similarly, IAG, the parent company of British Airways and Iberia, dropped to…
Shares of Indian food delivery platforms and restaurant operators declined as concerns grew that disruptions to cooking gas supplies could affect restaurant operations and online order volumes.The decline comes amid fears that escalating tensions in the Middle East could trigger a cooking-gas shortage in India, which relies heavily on energy…
Fraud cases in the United Kingdom climbed to a record level last year as criminals increasingly used artificial intelligence to scale up scams and take over personal accounts, according to new data from fraud prevention organisation Cifas.Criminals are now operating on an industrial scale, using AI tools and large datasets…
Nvidia has quietly transformed itself from the world’s dominant maker of artificial intelligence chips into one of the sector’s most powerful financiers, pouring tens of billions of dollars into startups across the AI ecosystem as it seeks to cement its role at the center of the technology boom. Until February,…
Tesla is expanding its presence in the British energy sector after receiving permission to supply electricity directly to homes and businesses across Great Britain. Approval from the UK energy regulator Ofgem allows the company to sell electricity to customers in England, Scotland and Wales.The move reflects a broader push by…