UBS has suspended withdrawals from a €400mn European real estate fund for up to three years, in a dramatic move that underscores growing investor anxiety over global economic instability linked to escalating
Australia’s industrial umpire has approved new minimum standards requiring food and grocery delivery workers to receive hourly rates above the national minimum wage and to be covered by injury insurance while working.
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Nvidia is partnering with six major financial institutions to launch financing platforms aimed at raising more than $500 billion in third-party capital for artificial intelligence infrastructure, in a move that underscores the
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Samsung Electronics and SK Hynix are evaluating semiconductor manufacturing equipment produced by China’s Advanced Micro-Fabrication Equipment (AMEC) for possible deployment at their production facilities in China, according to a Reuters report citing
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The Reserve Bank of India (RBI) left its benchmark repo rate unchanged at 5.25% on Wednesday, choosing to wait for clearer evidence on whether rising global oil prices are feeding into broader
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Passenger transport in Sri Lanka shifted from British double-decker buses to Indian Ashok Leyland and Tata buses in the 1960s. Until then, the backbone of Sri Lanka’s passenger transport system had been
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Apple temporarily removed the messaging platform Telegram from its App Store after identifying content that violated its policies on child sexual abuse material, before restoring the application once the offending content was
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Russia is rapidly expanding a shadow fleet of liquefied natural gas (LNG) carriers ahead of tougher European Union sanctions due to take effect in 2027, according to a Financial Times investigation. The
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A Financial Times investigation reveals how Google has built one of the largest infrastructure financing programmes ever assembled to support the rapid expansion of artificial intelligence, bringing together technology companies, private credit
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SpaceX is set to face a major test in the public markets this week as the first substantial tranche of previously locked shares becomes eligible for trading, marking a significant milestone following
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The sharp swings that swept through artificial intelligence markets this week offered a striking reminder that even one of the world’s fastest-growing technology sectors is not immune to financial turbulence. Semiconductor companies
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