Musk Loses OpenAI Case as Jury Rejects Bid to Force Company Overhaul
SAN FRANCISCO, 18 May 2026 – Elon Musk has lost his high-profile legal battle against OpenAI and Chief Executive Officer Sam Altman after a California jury rejected his…
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European Shares Fall as Inflation Worries Pressure Global Markets
LONDON, 18 May 2026 – European shares declined on Monday as inflation concerns, higher oil prices and geopolitical uncertainty weighed on investor sentiment, extending pressure across global equity…
Gold Holds Decline as Hormuz Deadlock Keeps Inflation Fears Elevated
Singapore, 18 May 2026 – Gold held its decline as a lack of progress in reopening the Strait of Hormuz continued to fuel inflation concerns, keeping investors focused…
Wall Street’s Week Ahead: Nvidia, Retail Earnings and Bond Yields Set Market Tone
NEW YORK, 17 May 2026 – Wall Street enters the new trading week with investors watching three major signals: whether Nvidia can keep the artificial intelligence rally alive,…
AI Chip Boom Raises Warning Signs as Memory Makers Ride Record Demand
NEW YORK, 17 May 2026 – The artificial intelligence chip boom is delivering extraordinary gains for semiconductor companies, but the same forces driving today’s profits may also be…
Fragile States Can Unlock Growth by Strengthening Institutions, IMF Says
WASHINGTON, 17 May 2026 – Fragile and conflict-affected states can improve economic stability and long-term growth by strengthening core government institutions, improving public service delivery and rebuilding trust…
Musk-OpenAI Courtroom Battle Exposes Deep Tensions Behind the AI Boom
Oakland, 16 May 2026 – A high-stakes courtroom battle between Elon Musk and OpenAI has exposed the personal, financial and philosophical tensions behind one of the world’s most…
SpaceX IPO Prospectus Could Arrive Within Days as Musk’s Space Giant Moves Closer to Public Listing
New York, 15 May 2026 – SpaceX is reportedly preparing to release its initial public offering prospectus as soon as next week, setting the stage for what could…
Blackstone Data Centre Vehicle Makes Muted Debut After US$1.75 Billion IPO
New York, 15 May 2026 – Blackstone Digital Infrastructure Trust made a muted trading debut after raising US$1.75 billion in a US initial public offering, highlighting strong investor…
Wall Street Extends Rally as Nvidia Jump and Tech Momentum Lift S&P 500, Nasdaq to Fresh Records
New York, 15 May 2026 – Wall Street ended higher on Thursday as technology stocks led another rally, with the S&P 500 and Nasdaq Composite closing at fresh…