Switzerland is keeping rates at 0% — for now
The Swiss National Bank held rates at 0% as low inflation and a strong franc enable it to diverge from other central banks, though markets expect hikes ahead.
Chinese humanoid robotics firm expanding globally in preparation for IPO
The humanoid robotics industry is unlikely to be affected much by existing U.S. chip export restrictions, according to UniX AI, citing its own experience.
30-year Treasury yield hits highest level since 2004 as bond market rout continues
U.S. Treasury yields continued their upward momentum after hitting a 19-year high on Wednesday.
Tehran criticizes Canada for not condemning Trump’s threat to destroy Iran
Baqaei said that Carney chose to appease Washington by reframing a threat to “annihilate” Iran as merely “speaking the language of war.”
White House allows blocked reporters in after judge lifts Trump ban
District Judge Tim Kelly said the three outlets should have their access immediately restored from the ban the president had announced on Sept. 18.
Novo’s new strategy hinges on something it can’t manufacture: investor trust
Novo has now reached the point where it can broaden its ambitions again, CEO Mike Doustdar told CNBC, but investors remain unconvinced.
Miami’s ultra-luxury housing market booms as cash transactions dominate, high-end brands like Bugatti and Porsche jump in
Miami’s ultra-luxury housing segment is booming even as the broader market cools. UBS sees a declining risk of a bubble.
Indian AI firm backed by Dune and Odyssey visual effects studio valued at $2 billion in fundraise
Brahma, an Indian enterprise AI content start-up that is backed by the visual effects studio behind Dune, has raised funds at a $2 billion valuation.
France’s fresh budget battle threatens to topple another government
Time is not on the side of French government bonds, strategists have warned, as the nation’s deficit balloons.
OpenAI says agent hacked Australian government website without being told to do so
An OpenAI agent gained unauthorized access to an Australian government website while attempting to gather health data.
