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US digest: Tesla gains, PCE unchanged, consumer sentiment slips

US markets closed higher on Friday as investors weighed fresh inflation data, weakening consumer sentiment, and mixed corporate developments. Tesla shares edged…
Stock

China’s self-driving startup Momenta weighs Hong Kong over US for IPO: report

Chinese autonomous driving developer Momenta is weighing a change in its listing plans, with the company considering Hong Kong as the venue…
Stock

UK giants hit by cyberattacks: how Co-op, M&S, JLR disruption expose vulnerabilities

In 2025, a spate of high-impact cyberattacks struck prominent UK companies—Co-operative Group (Co-op), Marks & Spencer (M&S) and Jaguar Land Rover (JLR)…
Stock

Asian stocks close lower on Friday: Hang Seng down 1.5%, Kospi crashes 2.5%

Asian equity markets retreated on Friday, pressured by renewed concerns over US trade policy and uncertainty around the path of interest rates….
Stock

Meta to launch paid version of Facebook and Instagram in the UK

In a landmark move that draws a sharp new line in the global battle over digital privacy, Meta Platforms Inc. is set…
Stock

DBS turns bullish on Baidu, citing AI-driven cloud and robotaxi gains

DBS Group Research has upgraded Baidu to a buy rating, pointing to strong prospects for its autonomous driving and cloud businesses as…
Stock

Asian stocks end mostly flat: Nikkei climbs 0.27%, Nifty slips 0.6%

Asian equities finished Thursday’s session largely flat as enthusiasm from recent AI-driven gains cooled and expectations for aggressive US interest rate cuts…
Stock

How a US government shutdown would impact the Fed, markets and your money

The clock is ticking toward a crisis. As a bitter political impasse between congressional Democrats and Republicans deepens, the risk of a…
Stock

SAP under EU antitrust probe for ERP maintenance practices

The European Union has launched a probe into SAP SE, investigating whether the German software company restricted competition in the market for…
Stock

After a painful pause, LG’s billion-dollar Indian IPO is back on track

After a painful and prolonged pause that had cast a shadow over its ambitious plans, the Indian arm of the South Korean…
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