This government-backed startup is growing blood to help fight shortages
Safi Biotherapeutics, a government-backed startup, is growing blood in a lab to help fight shortages.
Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021
The consumer price index was expected to increase 0.2% in August and 2.6% from a year ago.
Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder
Since mid-July, Berkshire Hathaway has sold more than 174.7 million shares of the Charlotte, North Carolina-based bank for $7.2 billion.
China’s AI models lag their U.S. counterparts by 6 to 9 months, says former head of Google China
Chinese artificial intelligence models may be at least half a year behind those made in the U.S., said Kai-Fu Lee, former head of Google China.
Commerzbank shares jump 20% after UniCredit buys 4.5% stake from the German government
Commerzbank shares jumped on market open on Wednesday, after Italian bank UniCredit acquired a 4.5% stake in the Frankfurt-based lender from German government.
Chairman of property firm Damac expresses concerns over ‘expensive’ Dubai
Increasing demand for property, especially in the luxury space, is boosting prices not just of homes but of everything else in Dubai.
CNBC Daily Open: Lower rates might hurt banks
Everyone loves lower interest rates. But declining net interest income means banks may not love them unconditionally.
UK economy flatlines again in July, below expectations
U.K. economy remained flat in July, flash figures published from the Office for National Statistics showed Wednesday.
Britain’s Rightmove rejects $7.3 billion takeover offer from Murdoch’s REA Group
Australian property listing firm REA Group said that British estate portal Rightmove had rejected its £5.6 billion cash-and-stock takeover offer.
From the far right to fiscal challenges, France could lurch from one crisis to another
France finally has a prime minister, but its challenges are far from over.
