Business
Analysts warned that AI had concentrated gains in a handful of firms in advanced economies, shifting income toward capital over labor, threatening tax revenues and financial-market contagion.
President Donald Trump on Sunday signaled a conciliatory turn toward China, prompting Wall Street to rally as investors welcomed a thaw in the trade dispute.
JPMorgan announced a 10-year, $1.5 trillion plan to finance U.S. industries deemed critical to national security and pledged up to $10 billion in direct investments.
U.S. stock futures rose after President Trump struck a more conciliatory tone on China, while Asian markets fell and cryptocurrencies faced heavy liquidations after a flash crash.
Global investors recently shifted into gold, Bitcoin and stablecoins amid rising concern about U.S. policy and a global debt crisis, though analysts warned the strategy carried significant risks.
Asian shares fell after President Trump threatened new tariffs on China, sparking a Wall Street sell-off that sent global markets lower.
OpenAI signed a multibillion-dollar deal with Broadcom to design and supply custom chips for its generative AI infrastructure, its third major chip partnership after Nvidia and AMD.
An Ifo study found that rents for new contracts in German large cities rose about 75% since 2013, widening the gap to existing rents to 48% and harming economic growth.
The EVG union demanded Deutsche Bahn remove freight chief Sigrid Nikutta, saying her leadership had failed to rescue the loss-making DB Cargo and must be replaced.
German authorities blocked more than 1,400 fake online trading platforms aimed at defrauding investors, saying perpetrators had used AI to mass-produce the sites.
Mercedes, Ford, Renault, Nissan and Peugeot/Citroën began facing a group trial in London alleging they installed software to cheat diesel emissions tests, with 1.6 million UK owners seeking over £6bn.
Vienna Insurance Group offered €115 per share to buy Germany’s Nürnberger Versicherung, valuing it at about €1.3 billion, and negotiations with major shareholders moved the sale close to completion.
Investors drove silver prices higher, outpacing gold year-to-date on global markets as trade tensions and political uncertainty increased demand for safe-haven assets.
Allwyn agreed to combine with its subsidiary OPAP to create a €16bn gambling group that will remain listed in Athens and be renamed Allwyn.
Swedish green‑steel maker Stegra raised about SEK 10 billion to finance its Boden plant, delayed roughly three months, while the Financial Times reported a €1.5bn funding gap—Stegra denied crisis.
Lloyds Banking Group said it put aside an extra £800m, raising its motor‑finance mis‑selling provisions to almost £2bn after an FCA ruling broadened redress eligibility.
Iberdrola inició un proceso legal contra Beatriz Corredor, presidenta de Red Eléctrica, por acusarla en el Senado de ser responsable del apagón.
Strava planned a U.S. initial public offering to raise capital for acquisitions and expansion after outpacing rivals, executives and multiple reports said.
