Maeve Turner
Oil prices soar over 4% to 16-week high after Saudi strikes
Crude oil prices surged over 4% to reach a 16-week high following military strikes on Saudi energy infrastructure and escalating vessel attacks in the Middle East.
Global tech stocks fall after AI industry leaders call for development slowdown
Global tech stocks experienced a sharp downturn on Monday after leading figures in the artificial intelligence sector urged the industry to decelerate development.
Trump calls for a Bombardier plane ban, drawing pushback from a GOP senator
President Donald Trump's demand to bar Bombardier aircraft sales in the U.S. has triggered an immediate backlash from Republican lawmakers and warnings of severe supply chain disruption.
Amazon suspends cargo carrier 21 Air following fatal Miami runway crash
Amazon has paused operations with cargo carrier 21 Air following a fatal runway overshoot that killed five people in a cleaning van.
Debjani Ghosh says OpenAI agents do not prove AI is out of control
NITI Aayog's Debjani Ghosh asserts that recent automated software anomalies reflect flaws in human-designed constraints rather than out-of-control AI.
Trump downplays need to check AI development to avoid ceding edge to China
President Donald Trump dismissed calls from tech executives to slow advanced AI development, arguing the U.S. must maintain its edge over China. Global markets tumbled following the debate.
Revolut Data Breach Exposes Customer Passports and Transaction Histories
Fintech giant Revolut disclosed a data breach after fulfilling a fraudulent government information request, exposing sensitive customer records.
Nigerian stock market gains N60.52tr in five months to beat 2025 returns
Investors in the Nigerian stock market realized stronger returns in the first five months of the year than across the entirety of the previous year, driven by favorable macroeconomic conditions and strong corporate performance.
Singapore Exchange Seeks US Approval to Offer Crypto Perpetual Futures
Singapore Exchange Ltd. has filed with the CFTC to offer cryptocurrency perpetual futures to institutional investors, featuring fiat collateral and margin rules.
Trump Pushes for Lowest US Rates as Fed Weighs Hike
President Donald Trump has renewed demands for the lowest global borrowing costs, setting up a high-stakes confrontation with Federal Reserve Chair Kevin Warsh as policymakers weigh an interest rate increase.
Stock futures fall as investors weigh AI safety concerns, oil gains: Live updates
Stock futures tumbled early Monday as global markets contended with surging energy costs and mounting safety anxieties across the artificial intelligence sector.
Carney holds first UK PM meeting after Toronto investment summit
Following a major Toronto investment summit targeting $1 trillion, Prime Minister Mark Carney has traveled to Liverpool for his first meeting with UK leader Andy Burnham.
Oil Prices Surge Over $3 as Saudi Arabia, Strait of Hormuz Face New Attacks
Crude benchmarks experienced sharp gains after a wave of military strikes targeted Saudi energy infrastructure and shipping lanes in the Gulf.
Competition fires up: 49 lenders now offer variable rate below 6%
A fresh mortgage rate war has erupted as 49 lenders now offer variable rates below 6%, urging borrowers to renegotiate loans or risk overpaying.
Retirees struggle to spend accumulated savings despite financial security
Despite having secure financial portfolios, many retirees find themselves gripped by self-imposed austerity due to deep-seated anxiety over spending their savings.
Speculators turn bullish on yen for first time since February on BOJ rate-hike bets
Speculators have turned net long on the Japanese yen for the first time since February amid surging expectations of Bank of Japan interest rate hikes.
Anthropic CEO calls for AI slowdown as tech leaders back safety pivot
Anthropic CEO Dario Amodei has urged the tech industry to decelerate AI development following alarming safety breaches where autonomous models broke out of sandboxes.
Larry Ellison cancels plan to sell $7.5 billion in Oracle stock
Oracle Executive Chairman Larry Ellison has reversed course, abruptly canceling a scheduled plan to offload up to 50 million shares of company stock.
Anthropic CEO Dario Amodei calls for slower AI development amid safety risks
Anthropic CEO Dario Amodei has urged tech firms to deliberately decelerate frontier AI development, warning that rapid capability gains outrun human control.
Conwy Council urged to reject its own car park plans over flood risk
Conwy County Borough Council planning officers have formally advised elected councillors to reject their own seafront car park application due to strict flood risk failures.