Business

Peru Holds Key Rate as Central Bank Sees Inflation Easing

Peru left borrowing costs unchanged for a 12th straight month as policymakers bet that the recent inflation spike will prove temporary.

UK Grid Needs £70 Billion Upgrade as Consumers Face Higher Bills

The UK needs as much as £70 billion ($94.5 billion) of investment in its power grid by early next decade, with delays to upgrading aging infrastructure threatening to add billions of pounds to customer bills.

India’s Top Bank Says Data Centers Aiding Capex Cycle

Ashwini Kumar Tewari, managing director at the State Bank of India says that corporate spending on new-age industries such as data centers is emerging as a key driver. Tewari speaks exclusively with Bloomberg's Haslinda Amin. (Source…

Hong Kong home prices headed for 15% gain this year, Midland forecast says

Hong Kong’s home prices will end the year 15 per cent higher than a year earlier, but still 16 per cent below their high-water mark in 2021, according to local property agency Midland Realty. Underpinning the positive forecast, the city’s…

US House to take up bill aimed at curbing data center-driven electricity costs

Watch: Three times Trump has promised money to Americans

The BBC's Samira Hussain looks at the president's past claims after he announced he would pay American adults $5,000 if Republicans win in the midterm elections.

Jim Cramer says this is the key force driving stocks right now

CNBC's Jim Cramer said the 30-year Treasury yield is a key force driving stocks as it climbs to roughly 5.3%.

Russian President Vladimir Putin arrives in New Delhi to attend BRICS summit

The summit in New Delhi is taking place against the backdrop of a global economy facing the adverse impacts of the Russia-Ukraine war, the West Asia crisis, especially the blockade of the Strait of Hormuz, and the Trump administration’s…

Surging oil prices, higher bond yields weigh on stocks

Anthropic says it blocked attempts to use AI for potential biological weapons

Start-up discloses five examples of when actors ‘circumvented controls’ and made efforts to ‘obfuscate’ the purpose of their research

Want Apple’s $1,999 foldable iPhone Duo? Here’s what T-Mobile, AT&T and Verizon are doing to lower the cost.

Wireless carriers are rolling out their initial iPhone promotions, but analysts say there’s no price war just yet.

Microsoft plans 38 gigawatts of data center capacity by 2032, Bloomberg News reports