European markets close lower as UK inflation misses estimate
European stocks closed lower Wednesday as regional markets continue to see-saw over the inflation outlook and trajectory of interest rates.
Miner Anglo American rejects third takeover offer from rival BHP Group as talks deadline extended
Anglo American rejected a third takeover proposal from rival BHP Group on Wednesday, as the companies agreed to extend talks deadline by one week.
Amazon plans to give Alexa an AI overhaul — and a monthly subscription price
Amazon is upgrading its decade-old Alexa voice assistant with generative AI and plans to charge a monthly subscription fee to offset the cost of the technology.
‘I was too trusting’: Ex-Post Office boss apologizes after widespread miscarriage of justice in Britain
Vennells said she was “disappointed … information wasn’t shared,” after the Post Office pushed for the wrongful convictions of hundreds of subpostmasters.
Autos giant Peugeot is trialing driverless tech — with a twist — for Amazon-style deliveries
French car giant Peugeot told CNBC it has partnered with German startup Vay to test the use of “teledriving” technology.
India’s central bank approves highest-ever dividend to the government
The board of India’s central bank approved a record surplus transfer of 2.11 trillion rupees ($25.35 billion) to the government for the fiscal year ended March, sharply above analysts’ and government projections.
AI will power the stock market for the next decade, former Cisco CEO says
Artificial intelligence will power the stock market for the next decade, according to former Cisco CEO John Chambers.
Fed officials seem like they have ‘no idea’ what is going on with U.S. inflation, strategist says
Federal Reserve officials appear to have “no idea” what is happening when it comes to the inflation picture in the U.S., GAM’s Julian Howard told CNBC.
China’s Honor will have Google AI features, including Gemini, on its upcoming smartphones
Chinese smartphone maker Honor on Wednesday said it will bring Google’s artificial intelligence features to its upcoming devices.
Norway, Ireland and Spain to recognize Palestinian statehood
Norway, Ireland and Spain will recognize an independent Palestinian state, the three countries’ prime ministers said Wednesday.
