Democrats support US stimulus plan, China invests in US tech, reaction to UK vaccine approval
Top Democrats have expressed support for a $908bn stimulus plan offered by a bipartisan group of US senators, the UK has become the first country to approve a Covid-19 vaccine, and Chinese state-backe...
3 Dec 202010min
Airbnb IPO pricing, EU squeezes UK in Brexit talks, Brazil's economy during the pandemic
Airbnb disclosed on Tuesday that it could raise as much as $2.5bn in its initial public offering, and Brussels is still holding back on granting Britain a whole collection of Brexit rights and regulat...
2 Dec 20209min
Understanding eurozone inflation, Zoom sales up, Mnuchin and Powell testify before US Congress
The cost of many popular goods and services in the eurozone is rising far faster than the bloc’s overall depressed level of inflation, the video conferencing company Zoom continued to ride the boom in...
1 Dec 20209min
EU pitches post-Trump alliance with US, Covid-19 vaccine rollout, Lam’s cash problem
The EU will call on the US to seize a “once-in-a-generation” opportunity to forge a new global alliance, the first coronavirus vaccine is on track for international deployment within weeks, and Hong K...
30 Nov 202010min
Is AI finally closing in on human intelligence?
The company OpenAI has developed an extremely powerful machine-learning system that can rapidly generate text with minimal human input. The system is known as GPT-3 and it does everything from craftin...
27 Nov 20209min
Brexit financial services woes, Salesforce eyes Slack, Facebook’s ad troubles
Europe’s financial sector has reached “peak uncertainty” as regulators and banks rush to stave off the harshest effects of Brexit, cloud software company Salesforce is in talks to buy Slack, and Faceb...
26 Nov 20208min
Markets rise on White House transition, France taxes US tech giants, bank dividends
US stocks surged to new highs on Tuesday, alongside global equities, as the path for a smooth transition of power in the US cleared, French tax authorities have begun demanding millions of euros in ex...
25 Nov 20209min
Yellen likely choice for US Treasury, Peru’s century bonds, Oxford-AstraZeneca vaccine
US president-elect Joe Biden is poised to choose former Federal Reserve chair Janet Yellen as his Treasury secretary, Peru joins a select group of countries that has issued century bonds, and the numb...
24 Nov 202010min
