Gasoline Cars Fall Below 50% of Global New-Vehicle Sales for First Time
Gasoline models accounted for less than half of global new-vehicle sales in the first half of 2026, Nikkei reported, as higher oil prices sharpened the appeal...
News - Page 23
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Latest News
Eurozone Inflation Rises to 3.8% as Energy Prices Surge
Eurozone inflation accelerated to 3.8% in September as energy prices surged, while core inflation edged up to 2.5% after the ECB’s latest rate increase.
Dollar Hits 17-Month High Against Euro as Global Bond Selloff Deepens
The dollar held near a 17-month high against the euro as rising bond yields, French fiscal concerns and energy costs pressured Europe ahead of U.S. jobs...
Nike Plans More Layoffs as China Sales Plunge
Nike plans job cuts from 2027 as Greater China sales fall 22%, deepening a restructuring aimed at reducing costs and rebuilding its marketplace.
Nike Slides to 13-Year Lows as Revenue Miss Overshadows Earnings Beat
Nike shares fell about 5% after its results, extending a slide to 13-year lows as a revenue miss and weak annual outlook overshadowed an earnings beat.
Stocks Making the Biggest Moves Today: Accenture, Synopsys and More
Accenture and Synopsys rally on financial updates, Vicor lifts its outlook, and a patent ruling sends United Therapeutics and Liquidia in opposite directions.
Treasury Yields Hit 24-Year Highs as Global Bond Selloff Deepens
Treasury yields reached levels last seen in 2002 before easing, as global bond selling and stronger manufacturing price pressure put borrowing costs in focus.
Euro Hits 16-Month Low as Rate Outlook Supports the Dollar
The euro’s fall below $1.13 puts interest-rate differences and bearish options pricing in focus, with implications for business costs and cross-border portfolios.
Citi Sees $12 Trillion SpaceX Potential After Starship’s First Orbital Flight
Starship’s orbital debut strengthens the case for SpaceX’s launch and satellite businesses, although Citi’s long-term valuation scenario depends on much wider commercial deployment.
SpaceX to Launch Google AI Chips in Orbital Data Center Experiment
Google’s Project Suncatcher will test AI chips in orbit with Planet Labs and SpaceX, while launch costs and cooling remain central to its business case.
Trump Says U.S. Could Take Stakes in OpenAI and Anthropic
Trump raised the possibility of government stakes in OpenAI and Anthropic, with Intel offering a precedent for the financial and governance terms.
OpenAI Targets $30 Billion Funding Round at $1.4 Trillion Valuation
The proposed private round would provide capital after OpenAI delayed its IPO, with the reported $1.4 trillion valuation excluding the new investment.