Old meets new economy: AI boom to supercharge European banks’ rally
Banks are ‘cost winners’ of AI boom, BlackRock says European banks remain undervalued, despite strong rally AI could…
South Africa eases ownership rules, opening door for Starlink and other foreign operators
JOHANNESBURG, Dec 12 (Reuters) – South Africa will amend rules on local Black ownership requirements after a directive…
Wall St Week Ahead Investors eager for delayed data to shed light on US economy
Jobs data due Tuesday, CPI out on Thursday Reports on economy come after Fed rate cut Tech slide…
FDA approves BioCryst’s oral pellet version of swelling disorder drug for children
Dec 12 (Reuters) – The U.S. Food and Drug Administration has approved an oral pellet formulation of BioCryst…
Rivian shares surge as analysts cheer shift to custom self-driving chip, AI strategy
Dec 12 (Reuters) – Shares of Rivian Automotive (RIVN.O), opens new tab surged 18% on Friday as analysts…
Taiwan opens new cloud centre to bolster ‘sovereign AI’ effort
TAIPEI, Dec 12 (Reuters) – Taiwan President Lai Ching-te opened a new cloud computing centre on Friday equipped…
US FDA approves first at-home device for depression
Dec 11 (Reuters) – The U.S. Food and Drug Administration has approved Flow Neuroscience’s at-home brain stimulation device…
UK pledges extra $2 billion NHS spend to avert Trump tariffs, FT says
Dec 11 (Reuters) – Britain has promised the United States that spending on National Health Service (NHS) medicines…
UK medicine rebate rate to drop in 2026 after US pharma deal
Item 1 of 2 Unused and expired medications, including pills, tablets and capsules, collected for disposal to prevent…
Bezos’ Blue Origin working on orbital data center technology, WSJ reports
Dec 10 (Reuters) – Jeff Bezos’ aerospace firm Blue Origin has been working for over a year on…
New Fed projections to reset economic outlook after volatile year
Projections to set baseline for Powell’s successor, show potential for further rate cuts Inflation, affordability issues remain unresolved…
US labor cost growth slows in third quarter as labor market conditions soften
Item 1 of 2 Construction workers paint a residential housing project during a heat wave, in Carlsbad, California,…