Finance news

Indonesian police in the market for hi-tech Chinese equipment

Indonesia is considering buying hi-tech policing equipment from China, setting out a shopping list for technology ranging from drones to tactical armoured vehicles at a police equipment trade show in Beijing. The Indonesian National Police is particularly interested in counterterrorism equipment, including intelligence technology, tactical weapons, bomb disposal gear and special purpose vehicles, according to a list of requirements released at a forum held at the expo on Thursday. Most of this..

Can AI Save More Energy Than It Consumes?

The artificial intelligence boom has created unprecedented pressure and anxiety in the energy industry. The public and private sector alike are expending enormous amounts of effort trying to quantify the amount of electricity that will be needed to power data centers in the near future, and get ahead of the skyrocketing energy demands headed for our already outdated and beleaguered electric grids. But the answer to the energy monster that AI is unleashing could very well lie in the application o

Artificial intelligence: Meta is apparently considering raising billions through share sales

After Alphabet met with high demand with its recent share placement, Meta is apparently considering a similar capital increase, according to media reports.

Trump urges new spy chief Pulte to gut US intelligence community

US President Donald Trump said Friday he wants his incoming acting spy chief to start firing employees, deepening the controversy over the appointment of a man with no previous intelligence experience. Bill Pulte, a Trump loyalist who heads the Federal Housing Finance Agency, was named by the Republican president on Tuesday as acting Director of National Intelligence. “If he cut, I wouldn’t mind that,” Trump told reporters aboard Air Force One, adding that the number of employees in Pulte’s...

First AI-designed ‘universal vaccine’ tested in humans

A vaccine targeting a broad range of viruses that was designed using artificial intelligence had a “modest” effect on immune systems in a small, early trial, according to a new study. The trial marks the first time a vaccine whose active ingredient was entirely designed by AI has been tested in humans, researchers at the University of Cambridge in the UK said on Friday. The experimental jab is intended to be a “universal vaccine” which protects people against a range of viruses that have...

Hitachi and Intel team up to optimize chip production with AI

Japan's farmer-backed ruling party to support trade talks with Mercosur

AI may be killing some high-tech jobs, but it’s also creating others. See who’s winning and losing.

Artificial intelligence might terminate lots of jobs one day, especially in high tech, but there’s little evidence AI is already causing widespread layoffs.

Trump wants Bill Pulte to fire big chunk of national intelligence office staff: WSJ

President Trump's comments are sure to roil members of Congress who criticized the appointment of Bill Pulte as acting national intelligence director.

If youre a long term investor avoid this summers space -nuclear- quantum pump

If you strip away the narrative and hype and look at the brutal economic reality, you realize these sectors have foundational financial flaws that most of reddit hasn’t really taken into account. The core issue plaguing space, and nuclear is their inescapable reliance on hardware, which means low profit margins and scaling problems. Space requires astronomical capital where a single deployment failure wipes out millions in seconds . For nuclear to really work you need to get to 100 SMRs per year

The Next Big AI Trade May Be in Drug Discovery

Sanofi just signed a new multi-year AI drug discovery deal with Owkin. The goal: Build AI-powered “biopharma agents” that can support drug discovery and development from early research through clinical trials. This is not an isolated deal. In 2026 alone: Sanofi partnered deeper with Owkin for AI drug discovery. Bristol Myers Squibb signed with Anthropic to roll out Claude across research, clinical development, manufacturing, commercial, and corporate teams. Gilead expanded its deal with Tempus A

Savings plans: pharmaceutical frustration instead of pharmaceutical miracles

Now the industry is cutting jobs. She had threatened that to the Chancellor.

AgiBot shipped 10,000 humanoid robots and barely anyone covered it

A Chinese robotics company called AgiBot hit 10,000 cumulative units shipped on March 30. Morgan Stanley estimates global humanoid robot shipments in 2025 were between 13,000 and 16,000 total, with China making about 90%. Unitree grew 2025 revenue roughly 335%. 60% gross margins. UBTech got its Walker S2 into mass production. So one country is producing nearly all the humanoid robots on the planet and the iteration speed is increasing. TrendForce expects Unitree and AgiBot to control near 80% of

Huge fascist-era underground cisterns draw Western special forces to Italy for tunnel training

After resisting 150 bombing runs by the Allies in the Second World War, the cisterns continued to be used by the Italian Air Force to hold aviation fuel.

UK’s Keir Starmer says Russia could attack Nato within 4 years

Russia could attack a Nato country within four years according to western intelligence assessments, UK Prime Minister Keir Starmer warned on Friday. He made the comments as he pledged his government would publish a long-delayed defence investment plan before next month’s Nato summit. “It is our intelligence assessment and the assessment of other countries in Nato that there could be an attack by Russia on Nato as soon as 2030,” Starmer said. “So you can see the urgency and the priority that...

Today: Pharmaceutical companies cut investments because of Warken's health care reform

Two pharmaceutical giants react to higher health insurance discounts: What does this mean for Germany as a location? Also: Putin's Ukraine signals from the St. Petersburg Economic Forum.

War in Ukraine: Merz, Starmer, Macron want to consult with Zelensky in London

More than four years after the start of Russia's war of aggression against Ukraine, the conflict is currently sometimes pushed into the background. What can Europeans achieve?

Location: The pharmaceutical industry in Germany is still investing here

The industry had planned billions in investments in Germany. Now the first companies are withdrawing out of frustration with the government.

Cooking robots: Artificial intelligence is conquering field kitchens

The start-up Circus is installing more and more automatic cooking machines for the military. CEO Nikolas Bullwinkel reports rapidly growing demand from the defense sector.

AI is designing OpenAI's next model in a sign of 'superintelligence': SoftBank's Masayoshi Son to CNBC

SoftBank CEO Masayoshi Son said his forecast of artificial superintelligence arriving in 10 years was "conservative" and thinks it will be here sooner.

Most Asia-Pacific firms use AI for tasks without cutting jobs: survey

While a wave of job cuts across Asia’s finance and other industries due to wider use of artificial intelligence has spurred concerns, a new study shows that the technology’s net impact on employment is not as clear-cut. Recruiters and industry observers say many companies are adding AI-related roles without having to lay off workers. A study by professional services firm Aon released on Wednesday shows that 74 per cent of 504 companies surveyed across industries in the Asia-Pacific region have..

China launches space computing hub as SpaceX gears up for historic IPO

China is ramping up its bets on space-based artificial intelligence computing with the launch of a state-backed research institute in Beijing, accelerating a frontier tech race with the US just as Elon Musk’s SpaceX eyes a record-shattering US$75 billion market debut to fund its own orbital AI ambitions. The establishment of the Beijing Space Intelligent Computing Research Institute marks a major step in the superpowers’ AI rivalry, which is increasingly extending beyond Earth as terrestrial AI.

U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%

Nonfarm payrolls were expected to increase by 80,000 in May while the unemployment rate held at 4.3%.

US adds 172,000 jobs in May, strongly beating expectations

US employment growth surged in May, beating market expectations, while the unemployment rate remained steady, government data showed on Friday, with the labour market in the world’s largest economy sustaining recent gains. “Total nonfarm payroll employment increased by 172,000 in May, and the unemployment rate was unchanged at 4.3 per cent,” the US Bureau of Labor Statistics said. Economists polled by Dow Jones Newswires and the Wall Street Journal had expected job growth of 80,000...

Chinese researchers claim breakthrough in training household robots with AI-generated homes

A team of Chinese researchers has claimed a breakthrough in training robots in real-world home environments, tackling a long-standing data bottleneck in the field and potentially accelerating the adoption of robots at home. Kairos-HomeWorld was the world’s first unified framework capable of generating coherent, accurate and simulation-ready home environments using simple text prompts, according to researchers from Ace Robotics, a start-up backed by Hong Kong-listed artificial intelligence...

Chip stocks discounted with recent pullback. Buy, Sell or Hold?

It takes a very little to spook the tech sector these days. For example, yesterday Nvidia CEO Jensen Huang touted Marvel as the next trillion dollar company which sent the stock spiraling upwards. Simultaneously, Broadcom announced its quarterly earnings (completely coming in with estimates) but the stock dropped precipitously low. Sometimes good news just isn't good enough for some people! Experienced traders know this dance all too well. The Bears will call it another 'bubble', the Bulls will

3 things to know about delayed US arms sales to allies

“The bottom line is the US is becoming less dependable as a supplier,” one analyst said.

UK Conservatives Blast Labour North Sea Ban as 'Utter Madness'

The current UK government's policy of not allowing new drilling in the UK North Sea is “utter madness” as billions of barrels of untapped oil could benefit the UK industry and reduce Britain’s reliance on imports, Kemi Badenoch, the leader of the opposition Conservative Party, has said. The ruling Labour government of Sir Keir Starmer has recently moved to permanently ban new oil and gas licenses in the UK section of the North Sea, drawing criticism from the UK offshore industry associations and

The US Army wants thousands of air defense missiles to replace the Stinger

A new Army Request for Information seeks to identify companies that can deliver 11,000 next-gen, short range interceptors beginning in Fiscal Year 2028.

Stop billions in money: pharmaceutical companies cut investments - federal government defends course

The pharmaceutical companies Boehringer Ingelheim and Eli Lilly have announced that they will stop high investments in Germany and are justifying this with austerity requirements from Berlin. Now the federal government is speaking out.