Business

Anthropic, OpenAI, Meta and Google reportedly released AI model updates during the week, while Nvidia said it was acquiring Hugging Face.

The Economist says Chinese scholarship on India has broadened in scope without gaining equivalent depth.

The Economist reports that a Wyoming reservoir described as a last resort is running dry, adding pressure to competing water demands across the American West.

Fervo Energy is developing a Utah project aimed at showing engineered geothermal reservoirs can contribute to the US electricity mix.

The opposition leader also wants 26 January enshrined in law as Australia Day, setting up a fresh political dispute over national identity.

CNBC describes the agreement as an unprecedented example of the administration’s state-capitalist approach to the oil industry, but the supplied report gives no terms or operational details.

CNBC reports intensified pressure on Kevin Warsh ahead of the Federal Reserve’s next meeting, due in about 10 days.

Shashank Joshi argues that opposition to data centres in America is misguided, though the available source material gives no further detail on the dispute.

CNBC reports that an alleged agent hack has intensified attention on chief information security officers as organisations respond to AI-related cyber risks.

General Motors and Ford are pursuing potential growth beyond vehicle manufacturing, including US military contracts and energy-storage businesses, CNBC reports.

Early data suggests artificial intelligence is currently creating more roles than it is displacing, shifting the economic narrative from immediate mass unemployment to a period of job creation.

The agreement is a significant victory for executives but poses a challenge to Germany’s traditional co-operative model of industrial relations.

The US President has demanded a significant reduction in interest rates, warning that trade with deficit partners will be suspended if the central bank does not act.

Investor sentiment turned negative after the long-awaited vehicle update was described as underwhelming, triggering a sharp decline in the electric vehicle maker’s stock.

A record 27,000 electric vehicles were sold in August, driven by high petrol prices and new emissions standards, marking a structural shift in the Australian automotive market.

The EU endorsed the 'Operation Economic Outcast' campaign during G20 meetings in Asheville, prompting sharp criticism from Tehran.

A subdued US labour market is keeping the Federal Reserve’s focus on inflation, with the August nonfarm payrolls report scheduled for release this week.

The number of missing Australians has fallen to 36 after two previously uncontactable citizens were found safe, while Australian response teams prepare to arrive in Kathmandu.

The publication’s latest podcast episode offers a “postcard from Wyoming,” focusing on the intersection of global markets, the broader economy, and business trends.

The American activist and journalist was a co-founder of Ms. magazine and a defining figure of the second-wave feminist movement.

Vice President J.D. Vance has called for a reduction in interest rates, a move that lands less than two weeks before the Federal Open Market Committee is scheduled to decide on monetary policy adjustments.

Shares of the athletic apparel maker fell sharply following the release of quarterly results that highlighted continued challenges in revitalising its business trajectory.

Commonwealth Bank officials say investor sentiment has cooled following tax break changes, while markets price in an 80 per cent chance of a fourth RBA rate hike.

American forces targeted multiple Islamic Revolutionary Guard Corps sites in a new wave of attacks, continuing a conflict that has intensified since the collapse of a ceasefire earlier this year.

The US Treasury Secretary says Beijing formally dissented from a G20 declaration opposing cheap exports, a move that signals deepening friction in global trade policy.

Rising yields in Europe are driven by distinct factors compared to the United States, yet analysts view the situation as equally problematic for investors.

Stockholm is adopting a long-term strategic posture, bracing for a confrontation with Moscow that could persist for up to 50 years amid a stagnant and intensifying conflict in Ukraine.

US Central Command has launched new strikes around the Strait of Hormuz in response to Iranian attacks on shipping and military personnel, with Tehran confirming its own retaliation.

A short-term funding measure clears the lower chamber, extending government operations until after the November midterms despite internal party dissent.

With house prices falling in over 90 per cent of suburbs, economists forecast a 10 per cent national decline, yet inflation remains the dominant driver for the Reserve Bank’s next move.

The fugitive property developer has postponed his scheduled video testimony to the NSW corruption watchdog, citing health reasons.

The Australian government has announced a $600 million opt-in initiative to enhance aerial surveillance and border training across the Pacific, responding to a sharp surge in illicit drug seizures.

A new podcast episode from The Economist suggests American stocks may have peaked, prompting a debate on whether global investors should halt their purchases of US assets.

The London-based publication has announced a permanent vacancy to oversee its growing digital newsletter portfolio.

The United States is reportedly considering a fresh round of tariffs on semiconductors as major technology companies intensify their competition with China in the artificial intelligence sector.

Federal Reserve official Hammack argues that the central bank must act now to address inflation, which is currently placing significant strain on household budgets.

George Schmid’s comments suggest a hawkish lean as the central bank weighs its next move on interest rates.

The UK publication’s latest daily podcast probes the efficacy of a new medical treatment, while also turning its attention to Canada’s energy sector and a farewell to Dolly.

The chipmaker’s quarterly results and revenue guidance have allayed investor concerns, driving a significant jump in share price amidst a backdrop of soft inflation data.

John Ratcliffe is said to have undertaken a secretive diplomatic mission to the Russian capital amid intensifying drone and missile exchanges between Moscow and Kyiv.

The tech giant has agreed to a guaranteed payout of $12.7bn over a decade, with the remainder contingent on rivals adopting similar safeguards for young users.

The airline’s pre-tax underlying profit fell to $2.06bn, prompting plans to retire A380s early and expand Jetstar’s ancillary fees.

A newly published book on Apollo Capital offers a retrospective on the firm’s history, characterising it as a showcase of both financial genius and human failure.