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19856 articles published since 08 Mar 2022

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ECB set to hold rates but debate swirls over future
ECB set to hold rates but debate swirls over future
Business and Economy

The European Central Bank is expected to hold interest rates steady Thursday for its fourth meeting in a row as inflation remains in check, although debate is heating up about the path forward. Following a year-long series of cuts, the central bank for the 20 countries that use the euro has kept its key deposit rate on hold at two percent since July.

Asian markets track Wall St lower as AI fears mount
Asian markets track Wall St lower as AI fears mount
Business and Economy

Asian markets sank Thursday after another sell-off on Wall Street as worries over the tech sector's colossal spending on artificial intelligence continued to dog investor sentiment. Asian markets tracked the US losses, led by tech firms including Japan's Renesas and investment giant SoftBank.

EU holds crunch summit on Russian asset plan for Ukraine
EU holds crunch summit on Russian asset plan for Ukraine
Business and Economy

EU leaders gather in Brussels Thursday for a make-or-break summit on using frozen Russian assets for Ukraine -- with key player Belgium under pressure to drop its opposition. Ukraine has said Washington was "pressuring" the EU not to use the assets as they view them as a vital bargaining chip in winning over Russia.

Oscars to stream exclusively on YouTube from 2029
Oscars to stream exclusively on YouTube from 2029
Business and Economy

The Oscars will be shown only on YouTube from 2029, the Academy said Wednesday, in a radical gambit for a movie industry that remains wary of streaming platforms even as viewing habits shift online. YouTube accounts for the biggest share of television viewing time in the United States of any streaming platform, dwarfing even Netflix.

Netflix to launch FIFA World Cup video game
Netflix to launch FIFA World Cup video game
Business and Economy

Netflix is set to release a FIFA football simulation game exclusively on its gaming platform in summer 2026, timed to coincide with the World Cup, the streaming giant said Wednesday. "The FIFA World Cup is going to be the cultural event of 2026, and now fans will be able to celebrate their fandom by bringing the game right into their living rooms," said Alain Tascan, president of games at Netflix.

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