Japan is moving ahead with a new spending plan to reinforce its long-term strategy for artificial intelligence and semiconductor development. The government has outlined an extra budget of…
China’s Baidu has begun large-scale layoffs that could reshape its workforce structure, as the company faces intensifying competition in artificial intelligence and shrinking advertising revenue, six people with…
Baidu is expanding its artificial intelligence chip strategy as China accelerates efforts to reduce its reliance on Nvidia technology. The country’s tech giants continue to report strong demand…
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Medicare has negotiated steep new prices for 15 high-cost drugs, including Novo Nordisk’s blockbuster semaglutide (Wegovy and Ozempic), with negotiated prices set to take effect in 2027.The move…
Bitcoin ripped back above $90,000 in US afternoon trading, a surprise reversal that defied the historical weak Wednesdays before Thanksgiving pattern.The move caps a roughly 12% bounce from…
Fresh signs of resilience in the US labor market have curbed GLD gold price gains even as the persistent uncertainties offer steady support to the precious metal. At…
India’s equity benchmark Nifty 50 surged to a fresh all-time high on Thursday, driven by improving corporate earnings, more attractive valuations, and sustained domestic investor flows that have…
Gold prices are forecast to rise to $4,900 per ounce next year, according to Daan Struyven, head of oil research at Goldman Sachs. This expected surge is driven by…