IMF Raises Global Growth Forecast as AI Investment Offsets War Risks

By admin October 13, 2026 No comment

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The International Monetary Fund (IMF) has raised its global economic growth forecast for 2026 to 3.1%, up from 3.0% projected in July, as strong investment in artificial intelligence (AI) helps offset the impact of the ongoing Middle East conflict and rising energy prices. The IMF expects global growth to reach 3.4% in 2027, although the […]

Amazon to Raise $5.8 Billion in First Sterling Bond Sale

By admin September 9, 2026 No comment

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Amazon plans to raise £4.25 billion ($5.76 billion) through its first-ever sterling bond sale, exceeding its initial target as strong investor demand supports the debt offering. The move comes as major technology companies seek to diversify funding sources to finance heavy investment in artificial intelligence. The four-part deal attracted more than £12 billion in demand,

Alibaba Shares Slide After $10.2 Billion AI Share Sale

By admin August 24, 2026 No comment

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Alibaba shares fell sharply in Hong Kong on Monday after the Chinese technology giant launched a $10.2 billion share sale to fund its expanding AI ambitions. The company priced 710 million new shares at HK$112.70 each, an 8.4% discount to Friday’s closing price, raising concerns over shareholder dilution and the risks involved in its heavy […]

Swiss Lawmakers Seek Balanced Capital Rules for UBS Amid Stability Debate

By admin July 27, 2026 No comment

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Swiss lawmakers are preparing to debate new capital requirements for UBS next month as they look to strengthen the country’s banking system while ensuring the lender remains globally competitive. The proposed rules, introduced after the 2023 collapse of Credit Suisse, originally called for UBS to hold around $20 billion in additional Common Equity Tier 1 […]

France’s Spy Agency Replaces Palantir With Local AI Firm

By admin June 17, 2026 No comment

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France’s domestic intelligence agency, DGSI, has selected French technology company ChapsVision to replace data analysis tools currently provided by U.S.-based Palantir. Prime Minister Sebastien Lecornu said the move reflects France’s commitment to reducing dependence on foreign technology and strengthening national digital sovereignty. Although ChapsVision has been chosen