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Swiss central bank posts bumper $23bn profit thanks to gold, foreign assets
Unlike other major central banks, the Swiss National Bank has a significant equity portfolio.
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The big questions remaining after Anthropic’s blockbuster IPO prospectus
Uncertainties remain ahead of one of the most hotly anticipated IPOs in history.
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China denies allegations of spy operation targeting Nvidia CEO
US intelligence officials believe a Chinese businesswoman was gathering information for Beijing on the US chip-making giant, The New York Times reports.
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Spain working ‘tirelessly’ to identify train crash dead: PM
Relatives of the victims have endured an agonising wait for news as rescue crews sift through the wreckage of tangled metal and bodies are examined in morgues.
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UK’s CMA opens investigation into Meta’s terms for publishers and advertisers
LONDON, Oct 30 : Britain’s competition regulator on Friday said it has opened an investigation into whether Meta was imposing exploitative terms on publishers and advertisers to use their content to develop its own services, including its AI features.The CMA said Facebook parent Meta’s commercial terms could
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What options Netanyahu and Eisenkot have after Israel’s deadlocked election
Given the indecisive result, Prime Minister Benjamin Netanyahu and Gadi Eisenkot would need to find a way to broaden their blocs if they hope to secure a governing coalition.
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Intel warning sparks chip rout as PC weakness clouds turnaround
Oct 30 : Intel’s shares slumped 25 per cent in premarket trading after the chipmaker forecast a bleak quarter and warned of persistent weakness in the personal computer market through at least the first half of 2027, sparking a selloff in global chip stocks.The decline puts the US chipmaker, which forecast fo
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Cathay Pacific says Amadeus breach affected 53,000 bookings
Oct 30 : Hong Kong flagship carrier Cathay Pacific Airways said on Friday a data security breach at the Spanish software provider Amadeus affected around 53,000 bookings, though its own systems and operations were unaffected.Cathay joins other airlines, including Japan Airlines and South Korea’s Asiana Airlin
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Reddit, Pinterest shares tumble on weak user and revenue growth
Oct 30 : Shares of Reddit and Pinterest fell in premarket trading on Friday, after Reddit warned that Google’s AI search features could shrink its user base, and Pinterest forecast weak fourth-quarter revenue.Reddit shares tumbled 23 per cent, while Pinterest slumped 8 per cent. Here are more details:
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Scottish police probe Andrew, Epstein stay at royal castle: Reports
LONDON: Scottish police are in the “very early stage” of probing the late US sex offender Jeffrey Epstein’s reported stay at the royal Balmoral estate at the invitation of ex-prince Andre
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