CPA Australia highlights risks of relying on AI or finfluencers for tax guidance amid sweeping 2026–27 budget changes. Australian accountants are urging taxpayers to seek professional advice as major tax reforms loom, warning that generic guidance from AI tools or social m
Micron’s multiyear agreement with Anthropic boosts demand visibility for AI memory chips, lifting its market cap above $1.2 trillion. Micron Technology (MU) announced a strategic partnership with AI startup Anthropic, combining a multiyear supply contract, technical collab
Packaging firm Paranova invests £5m to triple production capacity, supplying premium RF-tagged packs for Aldi’s British Wagyu range. Paranova Print and Packaging has completed a £5m redevelopment of its St Neots site, tripling manufacturing capacity to support Aldi’s Speci
Deal includes 25 GWh of storage in Italy and Britain, aiming to support renewable energy integration across Europe. Tesla and independent energy firm NatPower have agreed to develop 25 gigawatt hours of battery storage in Italy and Britain, marking the first phase of a $5
The automaker pauses work on its planned electric SUV for Europe, delaying potential market entry until the next decade. Nissan has suspended development of an electric version of its best-selling Qashqai model in Europe as part of a broader cost-cutting effort. The decisi
Dow Jones, S&P 500, and Nasdaq 100 futures retreat as Tehran rejects IAEA inspection claims after US-Iran talks. US stock futures extended losses during European trading hours Tuesday, with Dow Jones futures down 0.72% near 51,750. S&P 500 futures fell 1.4% to 7,430, while
June’s flash S&P Global Services PMI signals contraction, defying expectations of stabilization at 50.0 and weighing on GBP. The UK’s flash S&P Global Services PMI dropped to 48.7 in June, below the 50.0 estimate and down from 49.3 in May. The decline marks a faster contra
Nasdaq 100 futures fell 2.5% amid tech weakness Stock index futures declined sharply on Tuesday, driven by a broader tech selloff. The Nasdaq 100 futures dropped 2.5%, while S&P 500 futures fell 1.5%. The Dow Jones Industrial Average futures also declined, extending
Apollo caps redemptions at 5% of shares Apollo Global's $26B private credit fund, Apollo Debt Solutions, is curbing redemptions. The move follows investors seeking to withdraw approximately 16.8% of the total. Paying out those investors will bring gross redemptio
Investors sold off SpaceX shares after the company announced plans to issue investment-grade bonds to fund AI and infrastructure growth. SpaceX shares fell 16.4% on Monday, marking a third straight session of declines and wiping $600 billion from its market valuation. The
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