Octopus Energy spins off Kraken Technologies to unlock global growth
Octopus Energy, Britain’s largest electricity supplier, said on Thursday it would spin off its technology arm Kraken Technologies into a standalone company,…
Bank of England holds rates as inflation and growth pose policy dilemma
The Bank of England voted on Thursday to keep interest rates steady at 4%, balancing sticky inflation pressures with a weak economic…
Asian stocks mixed ahead of Fed decision: Hang Seng at record high, Kospi slips 1%
Asian equity markets ended on a mixed note on Wednesday as investors looked ahead to the Federal Reserve’s interest-rate decision later in…
Workday shares jump over 5% as Elliott Management takes $2B stake
Shares of Workday rose by more than 5.5% to $231.24 in premarket trading on Tuesday after activist investor Elliott Management disclosed it…
Indian investors hoard gold, driving up prices and boosting bank profits
Investors in India are holding onto their used gold jewelry and coins, anticipating further price increases despite recent record highs. This has…
Why Nvidia stock is in the red in pre market trading
Nvidia shares slipped over 1% in pre-market trading after the Financial Times reported that China’s internet regulator has banned the country’s biggest…
ChatGPT is now used more for personal tasks than work, study finds
Large language models have been widely adopted since their launch, but new research shows how much they are being embedded into everyday…
Explainer: why Nvidia’s new AI chip is struggling in China
Nvidia’s latest AI chip, developed specifically for the Chinese market, is running into significant obstacles, and the problem runs deeper than just…
Europe markets in red: Fed rate cut hopes tempered by economic uncertainty
The European stock markets opened in red on Tuesday, reflecting a delicate mix of hope and caution as investors prepare for a…
From pitch to pod: how olive oil is revolutionising athletic performance
In an unusual turn from the typical football pitch, players are now lining up for a different kind of fiery kick: a…
