Analyst Jeffrey Adelson downgraded the financial stock to underweight.
Hollywood actors set the stage for strike action after contract negotiations fail
The entertainment industry is already at a standstill because of a writers strike.
IEA trims oil demand forecast for the first time this year on ‘persistent’ economic headwinds
The IEA on Thursday cut its global oil demand growth forecast for the first time this year, primarily citing a worsening economic outlook.
China finalizes first-of-its-kind rules governing generative A.I. services like ChatGPT
Chinese regulators on Thursday said it finalized first-of-its-kind rules governing generative artificial intelligence which will come into effect on Aug. 15.
Ukraine war live updates: Missing Russian general reportedly detained; ‘massive’ overnight strikes by Iranian drones hit Kyiv
Kyiv endured a third consecutive night of airstrikes from Russia that coincided with the NATO summit in Vilnius focused on Ukraine aid.
Will Smith-backed U.S. broker Public launches in the UK in first foray overseas
The move will see Public compete with a flurry of well-established digital brokerage platforms, as well as upstarts like Revolut and Freetrade.
India’s HDFC Bank signs up over 100,000 customers in digital rupee pilots
The Reserve Bank of India has devised the e-rupee as a digital alternative to physical cash, using blockchain distributed-ledger technology.
Google says Bard can now use images and give audio responses
The improvements come as Google tries to stay ahead of rapidly improving competition from Microsoft-backed OpenAI, Anthropic, and others
Philippines allows ‘Barbie’ movie to be screened, calls China map ‘cartoonish’
Unexpected controversy over China’s “nine-dash line” shows that life in plastic may not always be quite as fantastic.
Inflation is ‘history’ for the U.S, says veteran economist Steve Hanke
Veteran economist Steve Hanke’s believes the U.S. no longer an inflation problem.
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