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Eurozone Inflation Surges to 3.8%, Putting ECB Rate Path Back Under Pressure
Eurozone inflation accelerated sharply in September, rising to 3.8% and reaching its highest level since September 2023, as a renewed energy shock pushed headline...
Oil Prices Slide As Proposed Reserve Releases Ease Global Diesel Shortage Fears, Bond Yields...
Oil prices fell sharply on Friday as markets responded to reports that European countries and members of the International Energy Agency could release additional...
Anthropic Eyes Mid-November IPO in Potential $2 Trillion AI Market Debut
Anthropic is targeting a public debut as early as mid-November, according to people familiar with the matter, in a move that would allow its...
Absa Becomes First African Bank to Launch Institutional Digital Asset Custody
Absa Group has become the first bank in Africa to offer institutional digital asset custody services, marking a significant step in the integration of...
Nike Shares Plunge 10% as Revenue Falls and $2.5bn Cost-Cutting Plan Signals Deeper Reset
Nike shares plunged in premarket trading Friday after the sportswear giant reported another decline in revenue and warned that sales will fall at a...