Santander, Deutsche and peers have barely raised provisions since the crisis began, with the Spanish lender increasing loss reserves by just 5%. But high rates may curb loan demand just as AI job ...
The cost of sustainable aviation fuel is now less than two times that of its fossil-based peer, versus three times ...
Windrose, a Chinese rival to Tesla Semi, is cutting prices to match diesel guzzlers as the Iran conflict hikes fuel costs. Being cheaper, faster and cleaner should turboboost e-truck sales, helping ...
The Chinese EV giant's earnings halved in the first quarter. BYD is betting on higher-margin premium cars to revive growth. But the cost discipline underpinning its mass-market success may prove ...
The Gulf state is quitting the 12-strong oil producer group. It long chafed at curbs that left 600,000 barrels of daily ...
BP shares are up 40% this year, lifted by an Iran war-driven surge. Right now, new CEO Meg O'Neill's fossil-fuel strategy ...
The race for chips that could speed drug discovery or crack encryption is heating up. Firms like Rigetti have raised ...
Chancellor Rachel Reeves may need to raise duties as the Iran crisis hits state finances. Adding to the $15 bln lenders already cough up could hurt the economy, yet NatWest, Lloyds and peers are ...
Beijing ordered Mark Zuckerberg to unwind the $2 bln acquisition of autonomous agent Manus, which had moved to Singapore. Belatedly enforcing foreign investment rules will be messy. It does send a ...
Battery giant CATL has raised another $5 bln in the city, showcasing how China's high-tech firms attract global and domestic ...
IFM built a 35% stake in Atlas Arteria. Now the Aussie super fund-owned investor is offering to buy the rest direct from ...
The tech giant is giving the startup room to strike deals elsewhere. In return, a revenue-sharing pact tilts its way until 2030, however powerful chatbots get. At an $852 bln valuation, the ChatGPT ...
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