Category: 1. Iran

NEW YORK/ PARIS, Dec 16 : MSCI’s global equities gauge fell on Tuesday and 10-year U.S. Treasury yields were lower for a second day as investors assessed some mixed signals from the latest U.S. jobs report, while oil prices sagged on oversupply…

SEOUL: South Korea’s central bank said on Tuesday (Dec 16) it would be an “overstatement” to blame ample liquidity conditions in the domestic market for a weaker won currency and price upswings in the residential property market.

“Looking at…

Dec 16 : France’s TotalEnergies said on Tuesday it had signed a 21-year power supply deal with Alphabet’s Google, pledging to supply 1 terawatt hour of renewable energy to support its data centres in Malaysia.

The French energy major said the…

Dec 16 : Databricks has raised more than $4 billion at a valuation of $134 billion, it said on Tuesday, the latest example of investors betting big on the transformative power of artificial intelligence. 

The series L funding round was led by…

SAN FRANCISCO/STOCKHOLM, Dec 16 – Last spring, CellarTracker, a wine-collection app, built an AI-powered sommelier to make unvarnished wine recommendations based on a person’s palate. The problem was the chatbot was too nice. 

“It’s just very…

NEW YORK, Dec 16 : The U.S. dollar eased against major peers on Tuesday after the release of delayed economic data showing stronger-than-expected jobs growth, signalling that the Federal Reserve might be cautious in continuing to cut interest…

Dec 16 : Global smartphone shipments are expected to decline 2.1 per cent next year as rising chip costs are likely to impact demand, technology-focused market research firm Counterpoint said on Tuesday.

Electronics supply chains around the world…

WASHINGTON, Dec 16 : Korean automakers Hyundai and Kia agreed on Tuesday to retrofit 7 million U.S. vehicles to address theft concerns and install prevention equipment on all new vehicles to resolve an investigation by a bipartisan coalition of…

MOSCOW, Dec 16 : Russia’s space agency said on Tuesday that work was underway to repair a damaged launch pad at the Baikonur cosmodrome in Kazakhstan that underpins its space programme and that the facility should be back in use by February of…

Dec 16 : Morgan Stanley on Tuesday projected gold prices would see smaller gains in 2026 as central banks and exchange-traded funds reduce purchases, but anticipated rate cuts and a weaker dollar would sustain upward momentum.

The bank forecast…