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As the global economy adjusts to shifting demand, many investors look to materials for stability. Choosing between Dow Holdings Inc (DOW 0.20%) and LyondellBasell Industries N.V. (LYB +0.39%) requires comparing two industry heavyweights with distinct paths. Collapse DOW & LYB: Performance Comparison Key Financial Metrics DOW – Dow $30.31 –0.20% (–$0.06) LYB – LyondellBasell Industries…
The Real Estate Board of New York took a legal drubbing in its bid to bust the city’s apartment broker fee bill. A federal appeals court has quashed the board’s effort to revive key claims in its battle against the Fairness in Apartment Rental Expenses, or FARE, Act, Crain’s New York reported. The U.S. Court…
New data has shown that tenant enquiries for Melbourne’s office market have been steadily rising, with Knight Frank reporting its strongest levels in years. You’re out of free articles for this month The firm’s latest Melbourne CBD Office State of the Market report showed that in Q2 2026, the firm recorded 83 tenant…
Feathery, which calls itself an artificial intelligence operating and decisioning system for financial services, announced that it has raised $30 million in total funding, which includes its recently completed Series A, led by Portage Ventures, with participation from Index Ventures, Allstate Strategic Ventures, Clocktower Ventures, Erie Strategic Ventures and Bain Capital Ventures (it raised a…
By Mark Niquette (Bloomberg) — U.S. consumer prices declined in June for the first time in six years and a key gauge of underlying inflation was little changed, taking some pressure off the Federal Reserve to raise interest rates. The consumer price index fell 0.4% from May, dragged down by the biggest decline in gasoline…
OpenAI and Anthropic have made incredible advances in the capabilities and implementation of artificial intelligence over the last few years. Now, they’re turning their attention to the hardware used to train and run their large language models. Both companies are reportedly developing custom AI accelerators, which can offer better performance per dollar for specific processes…
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Deutsche Bank and the World Bank launched a 1-billion-euro (about $1.1 billion) trade finance platform, according to a Tuesday (July 14) press release. The platform is designed to increase access to trade finance in frontier and emerging markets, the release said. “Trade finance is the ‘working capital of nations’ and essential to achieving the job…
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Tuesday urged banks to leverage advanced technology, including artificial intelligence (AI), to reduce costs, improve operational efficiency and strengthen customer experience while ensuring cybersecurity. During the RBI’s half-yearly meetings with the managing directors (MDs) and chief executive officers (CEOs) of public sector banks…
Two of South Korea’s largest and most prominent companies are leading the artificial intelligence (AI) boom. Samsung Electronics (SSNLF +0.00%) and SK Hynix (SKHY +19.72%) sell some of the world’s most in-demand semiconductors and memory chips that are essential for building AI data centers. Last week, SK Hynix made its debut on the Nasdaq, where…