Detail of a fish and seafood stall at the Central Market of Valencia, Spain. Europa Press News | Europa Press | Getty Images The headline inflation rate in the euro zone rose in April, according to preliminary data released Tuesday, remaining significantly above levels targeted by the European Central Bank …

Singapore’s largest lender DBS Group Holdings expects net interest income to taper off in the future, but the bank is confident that it can ride on other drivers going forward, such as a growth in loans and fee income. On Tuesday, DBS reported record revenue and net profit for the …

BP, which in 2020 set out its ambition to become a net zero company “by 2050 or sooner,” has drawn sharp criticism for scaling back its emission reduction targets in the wake of record profits. Matt Cardy | Getty Images News | Getty Images Oil major BP on Tuesday reported …

Lionel Bonaventure | AFP | Getty Images Today’s artificial intelligence systems are akin to the dial-up internet of yesteryear, according to the CEO of one AI startup, who said the space is in need of a reality check. Sachin Duggal, co-founder, and CEO of Builder.ai, told CNBC Friday that we’ve …

The Sydney Opera House Sydney, New South Wales, Australia. Gallo Images | Brand X Pictures | Getty Images Australia’s central bank in a surprise move raised its cash rate by 25 basis points and opened the door for more hikes ahead — resuming its tightening cycle after pausing in its …

After hearing from around two-thirds of companies in the Dow Jones Industrial Average this earnings season so far, it shouldn’t come as a surprise that the market is so high, Jim Cramer said Monday.  “This was supposed to be a bad earnings season, but it’s been pretty darn good,” he …

Two people hold two Shein bags after entering SHEIN’s first physical store in Madrid, Spain, June 2, 2022. Cezaro De Luca | Europa Press | Getty Images WASHINGTON — Bipartisan lawmakers are urging the nation’s top markets regulator to require Chinese fast-fashion giant Shein to disclose potential forced labor practices …

Series I bonds will pay 4.3% annual interest through October, a drop from 6.89% in November amid falling inflation, the U.S. Department of the Treasury announced on Friday. There are two parts to I bond interest rates: a fixed rate that stays the same after purchase, and a variable rate, …

Director Oliver Stone attends the “Nuclear” red carpet at the 79th Venice International Film Festival on September 09, 2022 in Venice, Italy. Andreas Rentz | Getty Images Entertainment | Getty Images Oliver Stone’s new movie, “Nuclear Now,” makes an impassioned case that nuclear energy is a necessary and obvious solution …

Artificial intelligence pioneer Geoffrey Hinton speaks at the Thomson Reuters Financial and Risk Summit in Toronto, December 4, 2017. Mark Blinch | Reuters Geoffrey Hinton, known as “The Godfather of AI,” received his Ph.D. in artificial intelligence 45 years ago and has remained one of the most respected voices in …