Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada. Artur Widak | Nurphoto | Getty Images Saudi Aramco on Tuesday posted a 0.9%…
Australia’s central bank now sees core inflation staying above its target band out to the middle of 2026. Brendon Thorne | Bloomberg | Getty Images Australia’s central bank now sees core inflation staying stubbornly above its target band out to the middle of 2026 as consumer demand and house prices pick up faster than expected, seemingly limiting room for further cuts in interest rates. The Reserve Bank of Australia was widely expected to…
CFOTO | Future Publishing | Getty Images The “everything store” might have secured its biggest customer yet. On Monday, Amazon announced that it had signed a $38 billion deal with OpenAI, offering the ChatGPT maker access to Amazon Web Services’ infrastructure. On the one hand, the move isn’t too surprising — a continuation of OpenAI’s spending spree…
Pedestrians are reflected in a window as electronic boards display stock information at the Australian Securities Exchange, operated by ASX Ltd. on Aug. 6, 2024 in Sydney, Australia. Lisa Maree Williams | Getty Images News | Getty Images Asia Pacific markets mostly fell Tuesday, breaking ranks from Wall Street’s tech-fuelled rally. The rally followed Amazon shares rising…
Goldman Sachs has updated its top global stock picks for November, with five stocks being rated with an over 70% upside. The names come from the bank’s “Conviction List – Directors’ Cut,” a monthly list of recommended stocks to buy that is decided by a subcommittee. In Europe, the committee added Danish logistics firm DSV…
Tesla models Y and 3 are displayed at a Tesla showroom in Corte Madera, California, on Dec. 20, 2024. Justin Sullivan | Getty Images Tesla has been ordered to provide records to U.S. federal auto safety regulators to comply with a sweeping investigation into possible safety defects with the company’s flush-mounted, retractable door handles that…
In this pool photograph distributed by the Russian state agency Sputnik, Russian Prime Minister Mikhail Mishustin (R) arrives at the airport of Hangzhou on November 3, 2025. Dmitry Astakhov | Afp | Getty Images Russian officials appeared eager Monday to reaffiirm Moscow’s alliance with China following U.S. President Donald Trump’s high-profile meeting with Xi Jinping….
Andy Jassy, chief executive officer of Amazon.com Inc., speaks during an unveiling event in New York, US, on Wednesday, Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images OpenAI has signed a deal to buy $38 billion worth of capacity from Amazon Web Services, its first contract with the leader in cloud infrastructure and…
Microsoft said Monday it has secured export licenses to ship Nvidia chips to the United Arab Emirates in a move that could accelerate the Gulf’s lofty AI ambitions. The tech giant said it is the first company under U.S. President Donald Trump’s administration to secure such licenses from the Commerce Department and that the approval,…
SHANGHAI, CHINA – OCTOBER 16, 2025 – New energy vehicles displayed in Xiaopeng Motors store in Shanghai, China on October 16, 2025. (Photo credit should read CFOTO/Future Publishing via Getty Images) Cfoto | Future Publishing | Getty Images While most Chinese electric vehicle makers have seen ups and downs, Xpeng has built a slow and…
