Business

Europe is expanding its network of publicly funded AI supercomputers with a €387.8 million ($449.4 million) system from French state-owned Bull, as part of a push to close a computing deficit with the U.S. and China. This is Bull's largest...

Canada hit back on Tuesday with retaliatory tariffs on about $20 billion worth of U.S. annual imports and rolled out aid for businesses and workers, matching Washington's latest duties dollar-for-dollar. The counter-tariffs on U.S. goods take effect on September 8...

Europe's developers of data centres for artificial intelligence are seeking out less traditional locations away from major cities, where they can benefit from cheaper energy and land and quicker connection times, data analysis seen by shows. The trend can mean...

A weaker Swiss franc could be an unexpected consequence of recent rare U.S.-Japanese intervention to prop up the yen, bringing relief to companies and policymakers in Switzerland who have grappled with the strength of their local currency for years. The...

The rally in AI-linked stocks that marked the latest earnings season has shifted the focus of the AI investment story from whether Big Tech's spending spree will pay off to the kind of companies that will deliver returns over the...

Persistently higher yields at U.S. Treasury auctions are increasing the cost of refinancing debt and funding future deficits, as investors demand greater compensation to absorb Washington's borrowing needs, raising questions about their appetite to continue buying U.S. debt. Investors are...

Long-term borrowing costs from the U.S. to Germany and Japan hit their highest in decades on Tuesday due to ballooning government debt and geopolitics, raising borrowing costs for companies and households and complicating policy. Bond markets are entering an era...

The European Central Bank will need to raise interest rates at least once more to contain inflation and a deterioration in the outlook could warrant more tightening than now expected, Slovak central bank chief Peter Kazimir said on Monday. The...

As luxury groups grapple with weak fashion sales and a hit to spending from the Middle East conflict, investors are increasingly focused on one question: who sells enough jewels? The answer may help determine the $400 billion industry's next winners...

When Swiss lawmakers meet next month to draft new capital requirements for UBS, they are likely to strike a balance between protecting taxpayers from a future banking crash and allaying the bank's fears it could be rendered uncompetitive. Parliament is...