European Central Bank raises rates by 50 basis points, pledges further hike in March
The European Central Bank on Thursday confirmed expectations of a 50 basis point interest rate increase, taking its key rate to 2.5%.
ChatGPT has made AI the hot new thing in Silicon Valley, and investors are suddenly very interested
Since OpenAI released it in November 2022, millions of people have been using the AI chatbot for things like fixing coding errors and writing papers.
Twitter will start charging developers for API access as Elon Musk seeks to drive revenue
Twitter will start charging developers to get access to its API, a vital tool on the platform that powers popular services like TweetDelete and software bots.
Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared
The Bank of England on Thursday hiked interest rates by 50 basis points.
Iran accuses Israel of launching drone attack on weapons facility
Israel has said it is ready to strike targets in Iran if diplomacy fails to rein in Iran’s nuclear program or missile development.
More than 13,000 Nigerian residents take Shell to court over oil spills
A combined 13,652 claims are asking Shell to take responsibility for the loss of their livelihoods.
Adani losses top $100 billion in the wake of Hindenburg Research report
Sell-off losses have been accruing since the Jan. 24 publication of a critical report from U.S. short seller Hindenburg Research.
Santander books record 9.6 billion euro profit for 2022 but Q4 provisions up
Santander on Thursday said its 2022 net profit rose 18% to a record 9.6 billion euros ($10.6 billion) on higher lending.
Roche flags 2023 earnings decline on slump in Covid products
Roche CEO Severin Schwan told CNBC the company expected sharp drop-off in Covid-related sales as the pandemic becomes endemic.
Deutsche Bank shares slip despite profit beat as traders look to uncertain outlook
Despite lofty net profit figures, Deutsche Bank shares slipped as analysts honed in on the uncertain macroeconomic outlook.
