Airfares between Europe and the United States have tumbled to levels not seen since before the pandemic, fueled by a confluence of geopolitical jitters, currency fluctuations, and evolving traveler preferences on both sides of the Atlantic. As Western European visitors scale back U.S. trips and American bargain hunters capitalize on low fares, airlines and industry…
Major American defence contractors are racing to secure a foothold in Europe’s rapidly expanding military market, driven by a wave of budget increases across the continent. With NATO allies pledging unprecedented spending boosts in response to regional security threats, from Russia’s aggression in Ukraine to evolving hybrid warfare tactics, US manufacturers see a unique opportunity…
As the Trump Organization prepares to launch its inaugural smartphone this August, priced at $499 and offered in a distinctive gold finish, industry observers are raising serious doubts about the likelihood that the device can truly be manufactured in the United States. The company’s claims of domestic production clash with the realities of global smartphone…
Nvidia CEO Jensen Huang used his keynote address at the GTC Paris conference to argue that quantum computing is on the cusp of a major breakthrough, marking what he termed an “inflection point” for a technology that has long teetered between laboratory promise and commercial reality. According to Huang, advances in hardware, software and partnerships…
Despite a flare-up in military confrontation between Israel and Iran, global financial markets appear largely indifferent to the geopolitical volatility, maintaining their upward trajectory in recent trading sessions. Analysts and strategists are now grappling with the question: why are markets brushing off what appears to be one of the most serious regional conflicts in years?…
Reddit today rolled out two AI‑driven advertising solutions—Reddit Insights and Conversation Summary Add‑ons—with the goal of transforming user discussions into actionable marketing intelligence. By mining its vast trove of community conversations, Reddit aims to deliver real‑time trend analysis to brands, streamline ad creative testing, and embed positive user sentiment directly beneath sponsored content. For a…
Private credit, long dominated by institutional investors, is undergoing a notable shift as asset managers increasingly court retail capital. Driven by persistently low yields in traditional fixed-income markets and growing interest in higher returns, individual investors are gaining access to private debt strategies once reserved for pension funds, insurers and sovereign wealth entities. Structured vehicles…
President Donald Trump announced on Thursday that senior U.S. trade officials will soon convene with their Chinese counterparts, marking a fresh effort to resolve lingering commercial disputes. The announcement follows a 90-minute phone conversation between Trump and Chinese President Xi Jinping, their first one-on-one call since Trump’s return to the White House. With presidential envoys…
A former Goldman Sachs executive, Tim Leissner, was handed a two‐year prison sentence Thursday by a federal judge in New York for his central role in the sprawling 1Malaysia Development Berhad (1MDB) corruption scheme. The sentencing marks a high‐profile denouement for Leissner, who once oversaw Goldman’s Southeast Asia operations and admitted in 2018 to conspiring…
Coinbase, the leading U.S.-based cryptocurrency exchange, will officially join the S&P 500 Index on May 19, marking a watershed moment for companies centered on digital assets. The addition comes as Bitcoin recently surpassed the US$100,000 threshold and institutional interest in blockchain-backed assets reaches record highs. Replacing Discover Financial Services in the benchmark, Coinbase’s elevation underscores…
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