FTSE 100 Index outlook after Rachel Reeves tax increases: can it retest ATH?
The FTSE 100 Index rose by nearly 1% as UK bond yields plunged, as the market reacted to the latest budget reading by Rachel Reeves. The index, which tracks the…
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Alibaba unveils Qwen smart glasses in major wearable tech move
Alibaba Group Holding Ltd. has entered a new phase of its AI expansion by releasing its first pair of smart glasses built on its Qwen models. The launch marks a…
Flutter share price at risk of steep crash amid new tax woes
The Flutter Entertainment share price is having a bad year, a situation that may worsen after the latest UK budget by Rachel Reeves. Its UK shares were trading at 15,125p…
Asahi cyber-attack puts over 1.5 million customer records at risk
Japanese brewing giant Asahi has disclosed that a September ransomware attack may have compromised personal information belonging to more than 1.5 million people, in what is emerging as one of…
Puma shares jumps 13% on report Anta Sports exploring acquisition
Puma shares rallied more than 13% on Thursday after reports that Chinese sportswear giant Anta Sports is weighing a potential bid for the German athletic brand. The stock’s sharp rise…
Morning brief: OpenAI eyes massive subscription growth, Taiwan boosts defence budget
Global technology, geopolitical tensions, and economic market shifts dominated the news cycle as developments unfolded across AI, international security, and financial markets. OpenAI is forecasting a sharp expansion in paid…
Robinhood and Susquehanna expand prediction markets reach with LedgerX takeover
Robinhood and Susquehanna are moving deeper into the prediction markets industry by taking over LedgerX, a regulated US derivatives exchange previously linked to FTX. The deal gives both firms direct…
Nifty 50 Index analysis as India retail investors dump shares
The Nifty 50 Index has jumped to a record high this year despite the Indian economy facing major challenges, including tariffs, retail investors selling, and a plummeting rupee. It was…
Italy expands competition probe into Meta AI and WhatsApp integration
Italy’s antitrust regulator has widened its investigation into Meta Platforms after identifying new concerns linked to the company’s artificial intelligence tools on WhatsApp.The latest move shifts the case beyond the…
Super Bank IPO plan puts spotlight on Indonesia fintech growth
PT Super Bank Indonesia is preparing for a public listing in Jakarta, drawing fresh attention to the country’s fast-expanding fintech landscape. The move comes as digital lenders strengthen their push…