Chime priced its IPO at $27 per share, valuing the fintech company at approximately $11.6 billion ahead of its Nasdaq debut. The stock is set to start trading […]
Technology
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Meta Invests $14.3 Billion in Scale AI to Develop Superintelligence Lab
Meta has announced a significant investment of $14.3 billion in Scale AI, a startup focused on artificial intelligence technologies. This investment values Scale AI at approximately $29 billion. […]
Uncategorized
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Global Oil Prices Surge Amid Tensions in the Middle East
Global oil prices have surged following an announcement of military action in the Middle East, raising concerns about potential disruptions to energy supplies. Benchmark oil contracts, including Brent […]
NewsLetter
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Technical Issue: Are You a Robot?
This message likely appeared due to a technical verification process. Please ensure that your browser is set to allow JavaScript and cookies, as these are essential for proper […]
NewsLetter
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Potential Global Responses to a Hypothetical Conflict in the Taiwan Strait
In a hypothetical scenario where tensions escalate into conflict in the Taiwan Strait, Japan and the Philippines might find it challenging to remain neutral due to their strategic […]
Economy
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UK Government Boosts Spending in Positive Economic Move
Good morning, this is Louise Moon from Bloomberg UK’s breaking news team with the latest on today’s key business stories. In a recent spending review, UK Chancellor Rachel […]
Technology
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Ripple and SEC Move Toward Final Resolution in Longstanding Legal Dispute
Ripple and the U.S. Securities and Exchange Commission (SEC) are nearing the resolution of their nearly five-year legal battle over the classification of XRP as a security. Both […]
Economy
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Cuban Regime Blames Economic Woes on U.S. Embargo Amid Growing Criticism
The Cuban government has once again attributed its deepening economic crisis to the longstanding U.S. embargo, dismissing domestic and international criticism. Vice Foreign Minister Carlos Fernández de Cossío […]
Economy
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Spain’s Economic Growth Praised Despite Tariff Pressures
Spain’s Minister of Economy, Trade, and Enterprise, Carlos Cuerpo, described Spain’s economic growth as enviable despite tariff pressures from the United States. He reaffirmed the government’s forecast of […]
Markets
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Economic Radar: Currencies and Commodities Today
The Economic Radar highlights key movements in global markets. The US dollar hit a new annual low, while the euro surged due to European funds buying the currency. […]