Chinese augmented reality glasses maker Nreal rebrands as Xreal as it takes on tech giants
Chinese augmented reality glasses maker Nreal rebranded to Xreal — a name it hopes will encapsulate its expansion into Europe and latest products.
Boss of Goldman-backed digital bank Starling to step down next month
Starling CEO Anne Boden is to step down on June 30. She will hand the reins to Starling’s COO John Mountain, who has been with the bank since 2015.
UK net migration hits record high of 606,000 as government vows cuts and cracks down on student visas
The ruling Conservative party has overseen record rises in net migration despite its election promise to reduce the figure.
UK borrowing rates close in on last year’s ‘mini-budget’ crisis levels
New data on Wednesday showed that the U.K. consumer price inflation rate fell by less than expected in April.
Canada, Saudi Arabia rekindle diplomatic relations after 2018 human rights rift
Canada has now appointed Jean-Philippe Linteau as new ambassador to Saudi Arabia.
Call to ‘Buy Japan’ is premature, say Bank of America analysts
Strategists say the approach to buy Japanese stocks as well as the yen — could be one for next year, not this year.
German economy enters recession as first-quarter GDP data is revised lower
The German economy entered a technical recession in the first quarter of this year, after posting a contraction of 0.3% over the three-month period.
European markets head for cautiously higher open as debt ceiling talks overshadow sentiment
European markets are heading for a cautiously higher open Thursday, reversing negative sentiment seen yesterday on the back of ongoing U.S. debt ceiling talks.
Turkey’s runoff election is paralyzing key oil exports from northern Iraq
The Turkish port of Ceyhan typically ships out exports of Iraq’s northern Kirkuk crude oil.
Solar investment set to overtake oil production and attract over $1 billion a day in 2023, IEA says
The effect of coal, gas and oil on the environment is considerable.
