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German inflation at lowest since start of Ukraine war
German inflation slowed in September to the lowest level since the outbreak of the Ukraine war, data showed Thursday, offering a glimmer of hope even as Europe's top economy struggles to emerge from a recession. The economy is struggling to get back on its feet after falling into recession around the turn of the year, and stagnating in the second quarter.
FSG sell minority stake in Liverpool to private equity fund
Liverpool owners Fenway Sports Group said on Thursday they have sold a minority stake in the Premier League giants to US private equity group Dynasty Equity. The Athletic reported that the investment from Dynasty Equity is worth between $100 million (£82 million) and $200 million.
How a 20-cent fee upended the gaming world
Their language was salty and the message was clear: game developers believed their livelihoods were under threat and they were not going to accept it. - 'Stop it' - The vitriol from developers suggests Unity has a long way to go before it is accepted back into the fold.
Oil extends rally on supply woes as dollar holds gains on US rate talk
Oil extended gains Thursday to a fresh one-year high and towards the $100-a-barrel mark on concerns about growing demand and waning supplies, while bets on another US interest rate hike kept the dollar elevated against its peers and equities mixed.
China's Evergrande Group halts trading in Hong Kong
Beleaguered property giant China Evergrande suspended trading of its shares on the Hong Kong stock exchange on Thursday, according to notices posted by the bourse, as the debt-ridden company grapples with severe financial difficulties. Evergrande only just resumed trading a month ago, after the company was suspended for 17 months for not publishing its financial results.
AI chip crunch: startups vie for Nvidia's vital component
The artificial intelligence revolution is fully underway, but soaring demand for its most crucial component has startups scratching their heads on how they can deliver on AI's promise. Generative AI's lifeblood is a book-sized semiconductor known as the graphics processing unit (GPU) -- built by one company, Nvidia.
Trump's business empire threatened by judge's ruling
A key selling point of Donald Trump's 2016 presidential run was that he was a businessman, not a politician. But if Trump's business dealings were key to helping him win the White House once before, it's unclear if the potential dissolution of his empire will hurt him this time around.
European firms scrap toxic ships on Bangladesh beaches: HRW
European maritime companies are ditching their old ships for scrap on Bangladeshi beaches in dangerous and polluting conditions that have killed workers pulling them apart, Human Rights Watch said Thursday. "Companies scrapping ships in Bangladesh's dangerous and polluting yards are making a profit at the expense of Bangladeshi lives and the environment," said HRW researcher Julia Bleckner.
Blue Origin to remain grounded for now following crash probe
US aviation regulators said Wednesday that Blue Origin must complete "21 corrective actions" before it can resume launches, closing a probe into an uncrewed crash last year that set back Jeff Bezos's space company. The two companies compete in the emerging space tourism sector, offering a few minutes of weightlessness in "suborbital" space.
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