business news
European stocks nudge higher amid U.S.-Iran ceasefire uncertainty
The Euronext NV stock exchange in Paris. Nathan Laine | Bloomberg | Getty Images Shares in Europe nudged higher on Friday morning as the fragile ceasefire between the U.S. and Iran continues to test investors’ nerves. Shortly after the opening bell, the pan-European Stoxx 600 index was seen trading up 0.2%, with most sectors in […]
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Eli Lilly market share drops, Novo Nordisk holds firm as generic weight-loss drugs flood India
The Eli Lilly and Novo Nordisk logos. Mike Blake | Tom Little | Reuters The market share of India’s most popular weight‑loss drugmaker, Eli Lilly, slipped in March, while rival Novo Nordisk held steady even as Indian generic drugmakers flooded the market with lower‑priced copies. Eli Lilly’s Indian market share in the GLP‑1 category of […]
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Oil edges higher as U.S.-Iran ceasefire fails to boost traffic via Strait of Hormuz
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas. Richard Carson | Reuters Oil prices edged higher in choppy trading Friday as tensions around the Strait of Hormuz deepened, with the vital shipping lane still largely closed despite […]
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The Trump administration is getting angry as EU Big Tech fines top $7 billion in 2 years
The Trump administration is increasingly on a collision course with the European Union over Big Tech fines. Google, Apple and Meta are contesting fines from the EU over violations of the bloc’s antitrust and competition laws, which total over 6 billion euros, or $7 billion, since the start of 2024. They’re an increasing bone of […]
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Anthropic weighs building its own AI chips: Reuters
Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems. Samuel Boivin | Nurphoto | Getty Images Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the […]
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China factory prices return to growth after 3 years, beating expectations on surging oil prices
HUAIAN, CHINA – MARCH 09: Vehicles queue at a petrol station on March 9, 2026 in Huaian, Jiangsu Province of China. Zhao Qirui | Visual China Group | Getty Images China’s factory-gate prices rose for the first time in more than three years while consumer inflation moderated in March, amid a surge in oil prices […]
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Warsh Fed confirmation plan hits a snag as expected nomination hearing is delayed
Kevin Warsh, Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. Brendan McDermid | Reuters The expected nomination hearing for Federal Reserve chair candidate Kevin Warsh has been delayed, a person familiar with the […]
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Alibaba leads $290 million investment for building a new kind of AI model as LLM limits emerge
A mechanical hand is on display at the Robot Mall, world’s first embodied intelligent robot 4S store, on August 13, 2025 in Beijing, China. Vcg | Visual China Group | Getty Images BEIJING — Alibaba Cloud is investing in a new type of artificial intelligence designed to better replicate the real world using a different […]
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Asia-Pacific markets open mostly higher as a fragile Iran-U.S. ceasefire keeps investors on edge
The West Texas Intermediate was up 0.62% at $98.48 per barrel as of 7:50 p.m. ET. Brent crude ended the session at $95.92 per barrel. Source
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Stock futures slip as traders monitor fragile ceasefire between U.S. and Iran: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on April 08, 2026 in New York City. Michael M. Santiago | Getty Images Stock futures ticked lower on Thursday night as traders kept an eye on the fragile two-week ceasefire between the U.S. and Iran. S&P 500 futures and Nasdaq […]
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