
OpenAI claims ‘Astra’ model has overtaken rival Anthropic
The ChatGPT maker asserts its latest release represents a step towards artificial general intelligence, though specific benchmarks remain undisclosed.
Banking, investing, currencies, dealmaking, and the institutions moving global capital.

The ChatGPT maker asserts its latest release represents a step towards artificial general intelligence, though specific benchmarks remain undisclosed.
The US regulator argues the rule creates strict liability for small donations and suppresses political speech, proposing to hand governance back to state and federal election laws.
The Investor Advisory Committee will hold a public session in Washington D.C. to discuss the impact of artificial intelligence on public markets and review key regulatory frameworks.
The gaming retailer’s net income surged 72 per cent on unrealised investment gains, even as core revenue is expected to decline and cash reserves fall sharply.

Documents suggest Moscow is covertly assisting Tehran in developing advanced cruise missiles, marking a major shift in military technology transfers.

Prime Minister Takaichi’s approach is creating friction with established Japanese traditions and the bond market, according to a report from the Financial Times.

The 161-year-old children’s clothing giant reported a surge in operating income driven by a one-time government refund, even as it continues to shed underperforming retail locations.

The Cleveland, Tennessee-based retailer owes $600,000 in disputed tax debt to the Tennessee Department of Revenue as industry sales continue to fall.

Asani Restaurant Group LLC seeks reorganisation after listing over $407,000 in debts, following a lawsuit from a creditor seeking payment for kitchen equipment.

Escalating conflict in the Middle East has pushed energy costs up and sent bond yields to their highest levels of the day, reviving inflation concerns among investors.

A fresh escalation in the Iran war is threatening to trigger a new inflationary spiral, prompting President Trump to convene a White House meeting to address surging fuel costs.
Pacific Private Money Group executives allegedly diverted investor capital meant for real estate loans, leaving fewer than $17 million in recoverable assets against $121 million in outstanding investments.
The US Securities and Exchange Commission has detailed the agenda for a September 17 event examining market readiness, operational resilience, and the implications of near-continuous trading.

The institutional arm of Ripple has expanded its prime brokerage platform to include derivatives on U.S. listed equities, indices, and digital assets, offering clients a unified 24/7 cross-margining solution.

The tech giant agreed to a £260 million payout to resolve claims of unfair commission practices on the Play Store, a deal now awaiting tribunal approval.

The European governing body is preparing legal action against the global football chief while seeking documents from the investment firm of Joshua Kushner.

The AI chip giant beat market expectations with $96.2 billion in revenue and projects 70 per cent growth for fiscal 2028, signalling a sustained expansion of capital returns to investors.

The Maryland-based firm expects a defence nuclear fuel contract to be finalised as early as 2026, building on a $900 million Department of Energy task order and a $4.5 billion backlog.

Settlement discussions aim to avoid a potential $1.4 trillion penalty exposure as the federal trial enters its second week in Oakland.

The secretive trading firm may need to alter its established methods to manage the pressures of its increasing scale and risk appetite, according to a Financial Times report.

The chip giant attributes its projected growth to the relentless artificial intelligence boom while defending its customer financing arrangements as low-risk investments.

A multitrillion-dollar reversal has seen software equities surge to near-record highs while semiconductor stocks remain in a bear market, creating the widest performance gap in ETF history.

Nepal reports more than 50 confirmed deaths and 384 missing tourists following a flash flood on the border with China.

The settlement with 29 state attorneys general mandates usage limits and nighttime blocks for teenage users, ending the trial in its second week.

The technology giant has agreed to a settlement in a California lawsuit alleging failures in child protection on its social media platforms, adding to a growing list of regulatory liabilities.

Silver September futures have stabilised after a slight dip, retaining a 17% monthly gain while investors brace for the release of the Personal Consumption Expenditures Price Index and remarks from Federal Reserve Chair Kevin Warsh.

A Financial Times analysis argues that current asset behaviour reflects a shift in the macroeconomic environment rather than a failure of historical patterns.

Louis Navellier predicts a long-term surge for the chipmaker, citing vertical integration in data centre energy, despite a short-term downgrade due to slowing momentum.

The Chinese EV maker’s second-quarter results missed forecasts, but its robotics division secured a $6.3 billion valuation backed by Tencent and Alibaba.

A partial re-entry into the Chinese market offers Nvidia a foothold, yet strict export controls and infrastructure constraints suggest the financial upside remains modest for now.

A new analysis contrasts the public market valuation of Serve Robotics with the private infrastructure strategy of Singapore-based QuikBot, highlighting the critical gap in last-mile indoor delivery.

Treasury Secretary Scott Bessent’s increased buying of government debt threatens to undermine Federal Reserve Chair Kevin Warsh’s strategy to tame inflation.

A global increase in poultry populations is transforming high streets, consumer diets, and rural landscapes, prompting debate over the sustainability of the chicken industry’s expansion.

Wall Street maintains a consensus "Hold" rating for The Trade Desk after a 21.9% post-earnings drop, with the mean price target set at $15.05.

The US health insurer has lifted its full-year profit outlook after strong second-quarter results, though Wall Street expects a year-on-year dip in earnings for 2026.

Persistent inflation and elevated oil prices keep pressure on U.S. debt markets, with technical analysts flagging a key support level for December futures.

Sustainable Growth Advisers has added the digital infrastructure giant to its portfolio, citing a reversal in growth trends and stabilised leadership, despite the fund lagging broader market benchmarks in the second quarter.

A new review of the Winklevoss-founded exchange finds that while its regulatory oversight and insurance are robust, basic trading costs remain significantly higher than major rivals.

The fund sold its position in the software giant during the second quarter, citing a disconnect between management commentary and growth despite strong adoption of its Firefly tool.

A 23 per cent surge in Bitcoin prices drove $1.92 billion in net inflows to US-listed funds last week, reversing a recent outflow trend.

The billionaire investor cited a rising fiscal deficit and debt in a bearish outlook, while his firm disclosed fresh stakes in Amrize AG and GPGI.

Despite beating second-quarter earnings estimates, the broadband operator’s stock has fallen 44 per cent over the past year, driven by subscriber losses and intense competition from fixed wireless and fibre networks.

The Global Growth Fund returned 6.43 per cent in the second quarter, lagging the MSCI ACWI Index, while maintaining a position in China’s largest travel platform.

State-owned power financier REC will lead a pilot issuance of less than 5 billion rupees, testing blockchain technology for instant settlement alongside India’s central bank digital currency.

The trade dispute between Washington and Ottawa has moved beyond economic measures, with US government figures expressing discomfort at the President’s rhetoric towards their long-term ally.

Ottawa has announced a $20 billion package of retaliatory levies, targeting hundreds of American goods in a significant escalation of the bilateral trade dispute.

The S&P 500 and Nasdaq futures recovered on Tuesday as investors balanced new trade measures against Canada and Iran with upcoming corporate earnings and Federal Reserve signals.

Scepticism is mounting over the effectiveness of the US President’s new sanctions regime, with experts noting that Tehran resisted similar ‘maximum pressure’ tactics eight years ago.