Global Bonds Find Foothold After Volatile Week; Chinese Robot Maker Lists
Business & Markets • a month ago
Chinese humanoid robot maker Fourier Intelligence surged on its IPO debut, providing a bright spot in a week marked by bond market turbulence.
Business & Markets News
U.K. Inflation Rises in July, Driven by Energy Costs
Business & Markets • a month ago
The annual inflation rate reached its highest point since March, reflecting increased household energy expenses.
Asian Shares Fall as AI Stocks Decline, Oil Prices Rise
Business & Markets • a month ago
Major Asian indexes experienced significant drops, led by South Korea's Kospi, as artificial intelligence-related stocks resumed their downward trend, while oil prices saw an increase.
Kenya Triples Renewable Energy Target, Pursues Nuclear and Geothermal Power
Business & Markets • a month ago
The nation aims to increase renewable power capacity to 5,500 megawatts, but experts caution that reforms are needed to translate this growth into lower consumer costs.
UK Inflation Rises to 2.9% in July Driven by Energy Costs
Business & Markets • a month ago
The annual inflation rate increased from 2.6% in June, primarily due to higher gas prices and an adjusted energy price cap.
Quest Apartment Hotels Warns of Data Breach Affecting Millions of Guests
Business & Markets • a month ago
An Australian hotel chain is investigating a security breach that may have exposed the personal information of up to 1.7 million guests.
New Australian Brand Eunoë Launches Affordable 'Elevated Basics'
Business & Markets • a month ago
The brand, founded by the creators of Bae the Label, aims to provide timeless, versatile clothing for women post-pregnancy.
Chinese Robot Maker Unitree's Shares Surge on Shanghai Debut
Business & Markets • a month ago
The company raised $904 million in its IPO, highlighting investor optimism in China's advanced robotics sector amid U.S. competition.
Harland & Wolff Invests Nearly £100M to Overhaul Belfast Cranes for Major Defense Contract
Business & Markets • a month ago
The shipyard's iconic cranes are undergoing significant mechanical, electrical, and technological upgrades to prepare for the assembly of naval vessels.