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Category: Business

Who is Robert Prevost, the new Pope Leo XIV?
Business, News

Who is Robert Prevost, the new Pope Leo XIV?

May 8, 2025

After a conclave that lasted only three sessions and 24 hours, 133 cardinals have elected Robert Prevost, now known as…

Watch live: Trump unveils United Kingdom trade deal, first since ‘reciprocal’ tariff pause
Business

Watch live: Trump unveils United Kingdom trade deal, first since ‘reciprocal’ tariff pause

May 8, 2025

President Trump imposed “reciprocal” tariffs on nearly all other countries, but quickly paused them to allow time to negotiate trade…

European Union to launch dispute against U.S. tariffs with World Trade Organization
Business

European Union to launch dispute against U.S. tariffs with World Trade Organization

May 8, 2025

The EU has paused an initial set of retaliatory measures — a response to U.S. duties of 25% on steel and…

Bank of England cuts interest rates: Here’s what it means for your money
Business

Bank of England cuts interest rates: Here’s what it means for your money

May 8, 2025

The Bank of England’s interest rate cut is likely to bring relief to borrowers, businesses and hard-pressed consumers across the…

UK set to become the first country to sign a trade deal with U.S., The New York Times reports
Business

UK set to become the first country to sign a trade deal with U.S., The New York Times reports

May 8, 2025

NYT reported that the details around the deal were not clear, and it was uncertain if both sides will sign…

China defense stocks surge as India-Pakistan tensions escalate
Business

China defense stocks surge as India-Pakistan tensions escalate

May 8, 2025

Chinese defense stocks surged after Pakistan’s apparent use of China-made weapons to down Indian jets.

NVIDIA Open-Sources Open Code Reasoning Models (32B, 14B, 7B)
Business

NVIDIA Open-Sources Open Code Reasoning Models (32B, 14B, 7B)

May 8, 2025

NVIDIA continues to push the boundaries of open AI development by open-sourcing its Open Code Reasoning (OCR) model suite —…

Shipping giant Maersk, a bellwether for global trade, posts 70% upswing in first-quarter profit
Business

Shipping giant Maersk, a bellwether for global trade, posts 70% upswing in first-quarter profit

May 8, 2025

Danish shipping giant Maersk on Thursday posted stronger-than-expected first-quarter operating profit and maintained its full-year profit guidance.

Google Launches Gemini 2.5 Pro I/O: Outperforms GPT-4 Turbo in Coding, Supports Native Video Understanding and Leads WebDev Arena
Business

Google Launches Gemini 2.5 Pro I/O: Outperforms GPT-4 Turbo in Coding, Supports Native Video Understanding and Leads WebDev Arena

May 7, 2025

Just ahead of its annual I/O developer conference, Google has released an early preview of Gemini 2.5 Pro (I/O Edition)—a…

Trump digs in on high China tariffs ahead of trade talks
Business

Trump digs in on high China tariffs ahead of trade talks

May 7, 2025

China said earlier it will enter upcoming talks in Switzerland with Treasury Secretary Scott Bessent “firmly” opposed to Trump’s tariff…

Researchers from Fudan University Introduce Lorsa: A Sparse Attention Mechanism That Recovers Atomic Attention Units Hidden in Transformer Superposition
Business

Researchers from Fudan University Introduce Lorsa: A Sparse Attention Mechanism That Recovers Atomic Attention Units Hidden in Transformer Superposition

May 7, 2025

Large Language Models (LLMs) have gained significant attention in recent years, yet understanding their internal mechanisms remains challenging. When examining…

EU to unveil next steps in U.S. tariff countermeasures on Thursday
Business

EU to unveil next steps in U.S. tariff countermeasures on Thursday

May 7, 2025

Trade Commissioner Sefcovic said the EU continued to “prepare for any scenario” if current trade talks fail.

How Deutsche Bahn redefines forecasting using Chronos models – Now available on Amazon Bedrock Marketplace
Business

How Deutsche Bahn redefines forecasting using Chronos models – Now available on Amazon Bedrock Marketplace

May 7, 2025

This post is co-written with Kilian Zimmerer and Daniel Ringler from Deutsche Bahn. Every day, Deutsche Bahn (DB) moves over…

Indian air strikes – how will Pakistan respond? Four key questions
Business, News

Indian air strikes – how will Pakistan respond? Four key questions

May 7, 2025

Experts from India and Pakistan weigh in on what’s next – and how this clash differs from past conflicts.

Germany finally has a leader. Now comes the hard part for Friedrich Merz
Business

Germany finally has a leader. Now comes the hard part for Friedrich Merz

May 7, 2025

Friedrich Merz is Germany’s chancellor, but after a rocky start to his term, more challenges are ahead.

Trump tariffs and export curbs on China cast a cloud over major chip stocks
Business

Trump tariffs and export curbs on China cast a cloud over major chip stocks

May 7, 2025

Chip companies from AMD to Super Micro said U.S. tariff policy and export restrictions to China have caused uncertainty for…

Why Indian markets are undeterred by strikes against Pakistan
Business

Why Indian markets are undeterred by strikes against Pakistan

May 7, 2025

There could be some knee-jerk market reaction, but investors are hopeful for a swift de-escalation that could limit the fallout,…

Indian and Pakistani civilians describe aftermath of strikes and shelling
Business, News

Indian and Pakistani civilians describe aftermath of strikes and shelling

May 7, 2025

The BBC spoke to eyewitnesses in both Indian and Pakistan administered Kashmir.

Novo Nordisk cuts 2025 guidance as drug copycats hit Wegovy sales, posts first-quarter profit beat
Business

Novo Nordisk cuts 2025 guidance as drug copycats hit Wegovy sales, posts first-quarter profit beat

May 7, 2025

Novo Nordisk on Wednesday reported a better-than-expected rise in net profit but lowered its full-year sales growth forecast.

Trump appeasing Putin with pressure on Ukraine, Biden tells BBC
Business, News

Trump appeasing Putin with pressure on Ukraine, Biden tells BBC

May 7, 2025

In his first interview since leaving office, the 82-year-old criticises his successor’s handling of the war and is challenged on…

A Step-by-Step Guide to Implement Intelligent Request Routing with Claude
Business

A Step-by-Step Guide to Implement Intelligent Request Routing with Claude

May 7, 2025

This article demonstrates how to build an intelligent routing system powered by Anthropic’s Claude models. This system improves response efficiency…

This AI Paper Introduce WebThinker: A Deep Research Agent that Empowers Large Reasoning Models (LRMs) for Autonomous Search and Report Generation
Business

This AI Paper Introduce WebThinker: A Deep Research Agent that Empowers Large Reasoning Models (LRMs) for Autonomous Search and Report Generation

May 7, 2025

Large reasoning models (LRMs) have shown impressive capabilities in mathematics, coding, and scientific reasoning. However, they face significant limitations when…

China to cut key lending rates by 10 points, bank reserve requirement ratio by 50 points
Business

China to cut key lending rates by 10 points, bank reserve requirement ratio by 50 points

May 7, 2025

China will cut its key policy rate by 10 basis points and lower the reserve requirement ratio by 50 basis…

The divides behind the scenes in the Vatican ahead of the conclave
Business, News

The divides behind the scenes in the Vatican ahead of the conclave

May 7, 2025

There has been a growing coalescence around the idea Pope Francis’s work to shake up the workings of the Church…

Trump officials Bessent and Greer to meet with Chinese counterparts on trade, economic issues
Business

Trump officials Bessent and Greer to meet with Chinese counterparts on trade, economic issues

May 6, 2025

President Trump earlier in the day had downplayed tariff negotiations, saying at the White House, “We don’t have to sign…

LLMs Can Now Talk in Real-Time with Minimal Latency: Chinese Researchers Release LLaMA-Omni2, a Scalable Modular Speech Language Model
Business

LLMs Can Now Talk in Real-Time with Minimal Latency: Chinese Researchers Release LLaMA-Omni2, a Scalable Modular Speech Language Model

May 6, 2025

Researchers at the Institute of Computing Technology, Chinese Academy of Sciences, have introduced LLaMA-Omni2, a family of speech-capable large language…

Use custom metrics to evaluate your generative AI application with Amazon Bedrock
Business

Use custom metrics to evaluate your generative AI application with Amazon Bedrock

May 6, 2025

With Amazon Bedrock Evaluations, you can evaluate foundation models (FMs) and Retrieval Augmented Generation (RAG) systems, whether hosted on Amazon…

Carney tells Trump that Canada ‘won’t be for sale, ever’
Business, News

Carney tells Trump that Canada ‘won’t be for sale, ever’

May 6, 2025

The Canadian PM responds firmly as the president proposes a “wonderful marriage” of incorporating Canada into the US.

Carney tells Trump: Canada ‘won’t be for sale ever’
Business

Carney tells Trump: Canada ‘won’t be for sale ever’

May 6, 2025

Carney’s first visit to the White House since his election comes as the U.S.-Canada trade relationship has been upended as…

Implementing an AgentQL Model Context Protocol (MCP) Server
Business

Implementing an AgentQL Model Context Protocol (MCP) Server

May 6, 2025

AgentQL allows you to scrape any website with unstructured data by defining the exact shape of the information you want.…

Google Releases 76-Page Whitepaper on AI Agents: A Deep Technical Dive into Agentic RAG, Evaluation Frameworks, and Real-World Architectures
Business

Google Releases 76-Page Whitepaper on AI Agents: A Deep Technical Dive into Agentic RAG, Evaluation Frameworks, and Real-World Architectures

May 6, 2025

Google has published the second installment in its Agents Companion series—an in-depth 76-page whitepaper aimed at professionals developing advanced AI…

Germany’s Merz elected chancellor in second parliamentary vote after unexpected setback
Business

Germany’s Merz elected chancellor in second parliamentary vote after unexpected setback

May 6, 2025

Merz has been widely expected to become the leader of Europe’s largest economy following Germany’s federal election in February.

UK and India agree ‘landmark’ trade deal
Business, News

UK and India agree ‘landmark’ trade deal

May 6, 2025

The deal will give better access for UK whisky and cars to the Indian market.

UK and India strike a trade deal amid U.S.-led tariff tensions
Business

UK and India strike a trade deal amid U.S.-led tariff tensions

May 6, 2025

The deal will see India gradually lower import taxes, with the vast majority of goods traded becoming “fully tariff-free within…

Germany’s Merz falls short of majority in vote for chancellor
Business, News

Germany’s Merz falls short of majority in vote for chancellor

May 6, 2025

Conservative Friedrich Merz unexpectedly falls short of the numbers needed to become chancellor.

Germany’s Merz fails to be elected chancellor in shock first-round parliamentary vote
Business

Germany’s Merz fails to be elected chancellor in shock first-round parliamentary vote

May 6, 2025

Friedrich Merz failed to get the majority needed to become German chancellor in a parliamentary vote Tuesday.

Hamas says ‘no point’ to talks as Israel plans expanded Gaza offensive
Business, News

Hamas says ‘no point’ to talks as Israel plans expanded Gaza offensive

May 6, 2025

The UN also expresses alarm after Israel approves a new plan that may include seizing all of Gaza indefinitely and…

DoorDash to acquire British food delivery firm Deliveroo in $3.9 billion deal
Business

DoorDash to acquire British food delivery firm Deliveroo in $3.9 billion deal

May 6, 2025

British food delivery firm Deliveroo on Monday said it has agreed to a takeover offer from American rival DoorDash that…

NVIDIA Open Sources Parakeet TDT 0.6B: Achieving a New Standard for Automatic Speech Recognition ASR and Transcribes an Hour of Audio in One Second
Business

NVIDIA Open Sources Parakeet TDT 0.6B: Achieving a New Standard for Automatic Speech Recognition ASR and Transcribes an Hour of Audio in One Second

May 6, 2025

NVIDIA has unveiled Parakeet TDT 0.6B, a state-of-the-art automatic speech recognition (ASR) model that is now fully open-sourced on Hugging…

U.S. crude oil closes at lowest level since 2021 after OPEC+ agrees to production surge in June
Business

U.S. crude oil closes at lowest level since 2021 after OPEC+ agrees to production surge in June

May 6, 2025

OPEC+ is bringing more than 800,000 barrels per day of additional supply to the market over the course of two…

OpenAI Releases a Strategic Guide for Enterprise AI Adoption: Practical Lessons from the Field
Business

OpenAI Releases a Strategic Guide for Enterprise AI Adoption: Practical Lessons from the Field

May 6, 2025

OpenAI has published a comprehensive 24-page document titled AI in the Enterprise, offering a pragmatic framework for organizations navigating the…

Russia says all airports in Moscow shut after drone attack
Business, News

Russia says all airports in Moscow shut after drone attack

May 6, 2025

Moscow’s mayor says at least 19 Ukrainian drones heading to Moscow have been destroyed.

A Coding Guide to Compare Three Stability AI Diffusion Models (v1.5, v2-Base & SD3-Medium) Diffusion Capabilities Side-by-Side in Google Colab Using Gradio
Business

A Coding Guide to Compare Three Stability AI Diffusion Models (v1.5, v2-Base & SD3-Medium) Diffusion Capabilities Side-by-Side in Google Colab Using Gradio

May 6, 2025

In this hands-on tutorial, we’ll unlock the creative potential of Stability AI’s industry-leading diffusion models, Stable Diffusion v1.5, Stability AI’s…

How AI Agents Store, Forget, and Retrieve? A Fresh Look at Memory Operations for the Next-Gen LLMs
Business

How AI Agents Store, Forget, and Retrieve? A Fresh Look at Memory Operations for the Next-Gen LLMs

May 5, 2025

Memory plays a crucial role in LLM-based AI systems, supporting sustained, coherent interactions over time. While earlier surveys have explored…

Ford suspends 2025 guidance amid $2.5 billion tariff impact
Business

Ford suspends 2025 guidance amid $2.5 billion tariff impact

May 5, 2025

Ford Motor beat Wall Street’s first-quarter expectations, but suspended its 2025 financial guidance amid an expected $2.5 billion impact this year…

Where Trump is likely getting his $1.98 gas price figure
Business

Where Trump is likely getting his $1.98 gas price figure

May 5, 2025

U.S. drivers were paying $3.165 per gallon on average Monday, according to the motorist association AAA.

8 Comprehensive Open-Source and Hosted Solutions to Seamlessly Convert Any API into AI-Ready MCP Servers
Business

8 Comprehensive Open-Source and Hosted Solutions to Seamlessly Convert Any API into AI-Ready MCP Servers

May 5, 2025

The Model Communication Protocol (MCP) is an emerging open standard that allows AI agents to interact with external services through…

RWKV-X Combines Sparse Attention and Recurrent Memory to Enable Efficient 1M-Token Decoding with Linear Complexity
Business

RWKV-X Combines Sparse Attention and Recurrent Memory to Enable Efficient 1M-Token Decoding with Linear Complexity

May 5, 2025

LLMs built on Transformer architectures face significant scaling challenges due to their quadratic complexity in sequence length when processing long-context…

Israel security cabinet approves plan to ‘capture’ Gaza, official says
Business, News

Israel security cabinet approves plan to ‘capture’ Gaza, official says

May 5, 2025

The Israeli military has called up tens of thousands of reservists, saying it is aiming to increase pressure on Hamas.

Incoming German Chancellor Merz vows reforms and investments as parties sign coalition agreement
Business

Incoming German Chancellor Merz vows reforms and investments as parties sign coalition agreement

May 5, 2025

Germany’s incoming Chancellor Friedrich Merz and the country’s new cabinet are set to take office Tuesday.

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