Anthropic urges AI labs to pause, warns humans risk losing control
It warned that rapid advances in technology could soon allow AI systems to improve themselves faster than human control.
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Albert Manifold ousted as BP chair over governance and conduct concerns
BP stock falls by over 4 percent in US and UK markets as governance concerns lead to chairman Albert Manifold’s removal.
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Why the SpaceX IPO is the talk of Wall Street and beyond
Elon Musk’s rocket company is expected to make the biggest public debut in history.
Oil prices fall amid mixed signals on US-Iran peace deal
Japan’s stock market surges to record high on hopes of an end to US-Israel war on Iran.
Kevin Warsh sworn in as new US Fed chair
Warsh will lead the central bank at a time when its independence has come under scrutiny amid political pressure.
South Korea’s stock market soars as Samsung union calls off planned strike
Benchmark KOSPI rises more than 8 percent following deal to avert strike at top memory chip maker.
Elon Musk’s SpaceX unveils filing for blockbuster IPO
A successful sale could value the company at a record-setting $1.75 trillion.
James Murdoch to acquire New York Magazine and Vox Media Podcast Network
The deal, valued at more than $300m, gives Murdoch control of a storied magazine and a podcast division.
Meta cuts 8,000 jobs in sweeping global layoffs
Meta cancels hiring plans for 6,000 roles amid ongoing layoffs and a pivot to artificial intelligence development.
Controlled reopening ends Iran’s lengthy stock market shutdown
Stocks in companies hit by US and Israeli strikes, such as energy and steel firms, didn’t take part in the reopening.
US drops fraud charges after billionaire Adani pledges $10bn investment
Adani was accused of bribing Indian officials and misleading US investors to secure a solar power plant project in India.
