Maeve Turner
Kospi falls 1.4 per cent as Asian stocks dip on AI and Fed meeting focus
Asian markets retreated as investors weighed AI valuation concerns and awaited Federal Reserve guidance, with South Korea's Kospi index dropping 1.4 per cent.
Oil Prices Slide 2% as Markets Brace for Bessent's Economic D-Day
Global crude benchmarks pulled back significantly as traders locked in profits ahead of U.S. Treasury Secretary Scott Bessent's impending policy announcements.
Payload Funding Push Highlights Demand for Embedded Payments
Cincinnati-based startup Payload secured its first significant outside capital in an investment led by Fifth Third, highlighting demand for embedded payments.
Software engineer claims AI is eroding meaning in coding
Software engineer Sambhav Gandhi warned that reliance on AI agents is turning code into an unreadable black box, sparking industry debate.
KPMG Australia cuts nearly 400 jobs following audit leaks scandal
KPMG Australia is slashing 360 staff members and 27 partners while cutting partner pay following an audit leaks scandal that has drained revenue.
Ox Alpha Revealed: Who Is Behind the Mysterious Stealth AI Model Sparking Frenzy Online
The mysterious stealth AI model Ox Alpha has taken developer forums by storm, surging to the top of LMArena without any official corporate branding or press release.
Fromm and Oma's Pride Recall Dog Food Over Metal and Salmonella Risks
Pet owners in the US and Canada are urged to check pantries for recalled dog food from Fromm and Oma's Pride due to metal and Salmonella hazards.
Dangote Refinery expands free fuel delivery to four more states
The Dangote Petroleum Refinery has extended its free petroleum product delivery initiative to four additional states to lower distribution expenses and promote competitive pricing.
Ex-Abercrombie CEO Michael Jeffries ruled mentally fit for sex-trafficking trial
Former Abercrombie & Fitch CEO Michael Jeffries has been declared mentally competent to stand trial on federal sex-trafficking charges.
Canada and US trade war shatters alliance after tariff talks collapse
The historic alliance between Canada and the United States has fractured into a trade war following the collapse of negotiations, with tariffs taking effect.
American Airlines Flight 2398 Lands Safely After Laptop Fire Injures Five
American Airlines Flight 2398 landed safely after a passenger's laptop battery caught fire, leading to minor burn injuries for five passengers.
Onshore windfarm applications hit 10-year high in England
Applications for new onshore windfarms in England have reached their highest annual level in a decade following the lifting of a de facto ban.
US President Trump Discloses Over 1,000 Trades Worth Up to $263M
A newly published financial disclosure reveals US President Trump executed 1,051 securities transactions worth between $78.1M and $263.1M in June 2026.
Nvidia customers notified about AI-related price hikes above 15%, Bloomberg News reports
Nvidia data center clients have been notified that server hardware costs will increase by more than 15 percent due to rising memory chip expenses.
SEBI Proposes New 'Fixed Income Channel Partners' To Boost Retail Bond Access
SEBI has proposed introducing Fixed Income Channel Partners to expand retail investor access to corporate bonds across Tier-II, Tier-III, and rural areas.
FTC urged to investigate AI firms destroying books
A coalition of civil-society organisations has asked the FTC to determine whether acquiring and physically destroying books for digital datasets violates antitrust laws.
Mark Zuckerberg buys Strancally Castle and 440 acres in Ireland
Meta chief executive Mark Zuckerberg has expanded his global real estate portfolio by purchasing the historic Strancally Castle and 440-acre estate in County Waterford, Ireland.
TikTok agrees to $400m US settlement over child privacy violations
TikTok and its former parent company ByteDance have agreed to a $400 million settlement with the US Department of Justice over child privacy violations.
Manchester Airport security breach forces seven flights to divert
A man breached Manchester Airport, forcing seven inbound flights to divert and 17 aircraft to hold before normal operations resumed the next day.
TikTok settles US child privacy lawsuit for $400 million
TikTok and parent company ByteDance have agreed to a resolution to settle federal allegations regarding the mishandling of young users' data.