Tag: Business
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Instant View: Markets cheer deal but see staying elevated
June 15 : Stocks and bonds rallied and the dollar fell in Asia trade on Monday after the U.S. and Iran agreed a peace deal to re-open the Strait of Hormuz and lift a U.S. blockade on Iran.U.S. crude futures fell more than 4 per cent, S&P 500 futures rose about 0.8 per cent and…
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Dollar hits 10-day low as US, Iran reach peace deal
(Corrects to removes duplicate content on oil price move in bullets)By Jiaxing LiHONG KONG, June 15 : The U.S. dollar slid on Monday to a 10-day low against its major peers as news the United States had agreed to a peace deal with Iran sent oil prices tumbling and boosted demand for riskier assets.
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As more US business owners retire many are selling up to their staff
Some six million bosses of American firms will be entering retirement between now and 2035.
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Britain expected to set out under 16s social media restrictions
LONDON, June 14 : Britain is expected to set out restrictions on social media for children under 16 on Monday that could include banning popular platforms and features that are deemed too addictive for the wellbeing of young people online.Britain has increasingly toughened its approach to tech companies in re
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Charlie Javice reportedly seeking a pardon from Trump
Javice founded a startup called Frank that JPMorgan acquired in 2021 for $175 million.
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Anthropic staff to meet White House officials next week, Axios reports
June 14 : Senior Anthropic technical staff are in Washington to meet with White House officials to try resolving a dispute that has taken the company’s most advanced AI models offline, Axios reported on Sunday, citing a source close to the company.Reuters could not immediately verify the report.
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One quality will be most in-demand from job-seekers in the AI era, Animoca co-founder Siu says
Yat Siu, the co-founder of Animoca Brands, says AI is going to change what skills are most valuable in the workforce.
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EU Commission looking at practical consequences of Anthropic decision, spokesperson says
BRUSSELS, June 14 : The European Commission said on Sunday that it is assessing the practical implications of a U.S. export control directive impacting artificial intelligence company Anthropic and that measures should not be discriminatory against partners.Anthropic said on Friday it would “abruptly disable”
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JetBlue bets big on Fort Lauderdale, from a new airport lounge to an international gateway
JetBlue faces heavy competition from Miami International Airport, an American Airlines stronghold.
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UK, Japan set to agree $24 billion investment, tech partnerships
LONDON, June 13 : Britain and Japan are set to agree investment and technology partnerships worth more than £18 billion ($24 billion), expected to create tens of thousands of jobs, as Prime Minister Keir Starmer meets his Japanese counterpart Sanae Takaichi on Sunday.Here are some of the details as set out b
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