Australian law firm Gerard Malouf & Partners on Thursday said it had filed class action lawsuits against the country's top two retailers, Woolworths and Coles, for allegedly encouraging misleading discount claims on everyday products. The two supermarket giants are currently in court, sued by the…

Xiaomi CEO Lei Jun said in an X post on Tuesday that the company had produced 100,000 Xiaomi SU7 electric vehicles in 230 days. Luna Lin/AFP via Getty Images Xiaomi CEO Lei Jun posted a photo of himself sleeping on the factory floor. Lei was celebrating an EV production milestone — 100,000 units…

Saudi Arabia’s wealth fund sold part of its stake in the kingdom’s main mobile-phone operator for about $1 billion, the latest step in its efforts to raise cash for the government’s economic transformation plan. Most Read from Bloomberg The Public Investment Fund sold 100 million shares in Saudi…

“I don't understand what they mean. We have forums for this."

The recent slide — gold has declined in six of the seven sessions since Trump's victory — follows a series of record-breaking milestones for bullion over the past year.

Dutch appeal court ruled in favour of oil and gas company over judgment telling it to limit emissions A court ruling in favour of Shell does not spell the end of climate litigation against companies, legal experts have said. The oil and gas company celebrated on Tuesday when it won an appeal…

Neom is scaling back its ambitious plans as costs swell. Neom Amid rising costs, Saudi Arabia is scaling back Neom plans to focus on sports venues. Neom's plans include a stadium for the 2034 World Cup and a winter sports resort. The new city faces financial challenges, leadership changes, and…

The Spanish government of Prime Minister Pedro Sanchez (S&D) on Wednesday called the opposition Partido Popular's (EPP) boycott of Teresa Ribera, Ursula von der Leyen’s Spanish commissioner pick, “shameful” and “anti-patriotic”. Ribera (PSOE/S&D), Spain's current minister for ecological…

Asia-Pacific markets traded mixed on Thursday after the U.S. October consumer price index reading reinforced expectations that the Fed would cuts rates again in December. The CPI came in line with expectations, accelerating slightly to an annual inflation rate of 2.6%. Core CPI, which straps out…

LISBON, Portugal — Tech giants are increasingly investing in the development of so-called "sovereign" artificial intelligence models as they seek to boost competitiveness by focusing more on local infrastructure. Data sovereignty refers to the idea that people's data should be stored on…

Romanian senators on Wednesday gave final approval to a bill authorising contracts to purchase the world's most advanced fighter aircraft, the F-35, with the first delivery expected in 2031. In this case, the Senate is the decision-making body, and the law now goes to the president for…

In today’s edition of the Capitals, find out more about Borissov beginning coalition talks with a pro-Russian party and populists, the S&D threatening to defy its 'gentleman's agreement' with the EPP, and so much more.

Major Asia-Pacific stock exchanges traded mostly lower on Thursday amid more economic data and earnings reports.The Australian Bureau of Statistics revealed that the seasonally adjusted unemployment r...

E.ON SE announced on Thursday that its sales for the first nine months of fiscal 2024 came in at €56.3 billion, dropping by 19% year-on-year.More to come......

Russia stages first missile attack on Kyiv since August, Ukraine says Despite regular drone attacks, Russia has not struck Kyiv with missiles since 26 August. Content-Type: News Service Produced externally by an organization we trust to adhere to journalistic standards. A handout photo made…

Nvidia, Oracle, Google, Dell and 13 other companies reported how long it takes their computers to train the key neural networks in use today. Among those results were the first glimpse of Nvidia’s next generation GPU, the B200, and Google’s upcoming accelerator, called Trillium. The B200 posted a…

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Consumer champion Which? not amused by fruit-based giant's alleged preference for its own cloud storage service UK consumer group Which? has filed a £3 billion action against Apple over alleged competition law breaches related to its iCloud service.…

By Sudip Kar-Gupta PARIS (Reuters) - Defence and technology firm Thales unveiled new four-year targets on Thursday, predicting more than 25 billion euros ($26.34 billion) of revenues by 2028 as it reaps a decade of cyber investments. Europe's largest defence technology supplier, which has…

In This Article: TAIPEI (Reuters) - Apple supplier Foxconn reported on Thursday a 14% rise in third-quarter net profit, driven by strong AI server demand. The Taiwanese company, the world's largest contract electronics maker, reported net profit for the July-September quarter rose to T$49.3…

Azerbaijan’s President Ilham Aliyev lashes out at Emmanuel Macron and steps up defence of oil and gas as regional countries dominate guest list

Bitcoin continued to make records as supportive inflation numbers raised the market's expectations of further interest rate cuts by the Federal Reserve. What Happened: The world's largest cryptocurrency sailed above $93,000 during U.S. trading hours Wednesday, before a sharp correction into the…

Swedish games developer Embracer on Thursday posted a bigger-than-expected drop in second-quarter operating profit driven by game release delays in a seasonally softer quarter. The owner of the Tomb Raider franchise said its adjusted operating profit fell 33% to 1.2 billion Swedish crowns ($109.18…

An awfully hopeful take on what Trump might do about America's "forever wars".

Sen. Marco Rubio's nomination as secretary of state will see him become the world's most important diplomat.

Yves here. It appears there is a teeny bit of good news on the environment front, if you consider “less bad than promised” to be positive. Trump has promised that he would lower US energy prices via much more ambitious shale industry production. The shale industry has other ideas. By Irina Slav, a…

BT’s Derek Cassidy helps us dive deep into the world of subsea cables and explains how they’re managed and protected. Read more: Cable ties: The geopolitical challenges of the internet under the sea

AI chatbots such as ChatGPT and other applications powered by large language models (LLMs) have exploded in popularity, leading a number of companies to explore LLM-driven robots. However, a new study now reveals an automated way to hack into such machines with 100 percent success. By…

In This Article: TOKYO (Reuters) - Mizuho Financial Group reported a 62% jump in second-quarter net profit on Thursday on strong lending demand and higher margins helped by a July interest rate hike by the Bank of Japan. Japan's third-largest lender by assets reported a group net profit of 277…