European, Chinese automakers launch product blitz at Paris car show in fight for market share

Brics leaders on Saturday backed deeper cooperation on taxation and customs, welcoming initiatives undertaken under India’s chairship, including the creation of working groups on international taxation and transfer pricing, and on revenue statistics.   The leaders reaffirmed their commitment to a “fair, inclusive, stable, and efficient international tax system” and to strengthening cooperation among Brics…

Europe’s new cryptocurrency regulations have reportedly given fraudsters a new pathway to scamming consumers. As the Financial Times (FT) reported Thursday (Aug. 6), officials are warning that scammers are capitalizing on the disruption caused by the new rules to steal funds by impersonating crypto firms and digital asset regulators. European financial watchdogs told the news outlet they’ve…

The House Financial Services Committee has approved a bill that would make significant changes to how the Consumer Financial Protection Bureau operates. According to law firm Ballard Spahr LLP, H.R. 10184, the Consumer Financial Protection Accountability and Reform Act of 2026, passed by a 28-21 vote. It will affect the CFPB’s structure, funding, rulemaking, supervision,…

As the demand for advanced computing power reaches new heights, investors are evaluating two distinct paths in the chip industry. Deciding between Intel (INTC -5.67%) and Nvidia (NVDA +1.68%) involves comparing a legacy giant in transition against a high-flying market leader. Intel is reinventing itself by opening its manufacturing facilities to outside customers through its…

So-called “marathon mortgages” are fast becoming the norm, new analysis suggests, as two-thirds of borrowers aged under 30 have terms of between 30 and 40 years. The overpayment app Sprive found 66% of borrowers under 30 have mortgage terms of this length, compared with 42% of those aged between 30 and 39 and just 6%…

SpaceX is turning to a Starship executive to head up its massive Memphis data center operations. Elon Musk’s AI and rocket company has placed Kevin Holland, a veteran of SpaceX’s launch business, in charge of building out its AI compute infrastructure, according to a memo viewed by Business Insider. The early September memo from xAI…