Aldi banks on £370m store splurge as discounters keep eating the big four’s lunch
Aldi will open 16 new UK stores this year as part of a £370m investment, pushing towards 1,500 branches. See the full list of locations and what it means. Read…
Bank of Japan lifts rates to highest level since 1995
The Bank of Japan has lifted interest rates to 1%, their highest level since 1995, in a bid to tame inflation fueled by higher energy costs Read Full Article at…
Anthropic pulls access to its most advanced AI models
Anthropic disabled Fable 5 and Mythos 5 to all customers after the government demanded that it suspend access by foreign nationals Read Full Article at RT.com
AI giant vows more transparency amid national security concerns
American AI giant Anthropic said it will start disclosing when requests are downgraded or rejected after criticism over hidden restrictions Read Full Article at RT.com
SpaceX pulls off record-breaking IPO
Elon Musk’s SpaceX raised $75 billion in its IPO with a $1.8 trillion valuation, making it the largest ever listing amid expert scrutiny Read Full Article at RT.com
Russia reports record-high employment rate
The share of employed Russians reached 61.5% as unemployment continues to hold at a record low of 2.2%, Deputy PM Tatyana Golikova said Read Full Article at RT.com
European Parliament drops Google citing privacy concerns – Politico
The EU Parliament is reportedly replacing Google with a locally developed search engine to reduce digital dependence on the US Read Full Article at RT.com
Russian SMEs growing on stronger supply-chains to giants
Large Russian companies are increasingly turning to small and medium-sized domestic suppliers, a SPIEF panel has heard Read Full Article at RT.com
Peers warn UK cannot afford to drag its feet on sterling stablecoin rules
House of Lords committee urges Bank of England and FCA to press ahead with sterling stablecoin rules, warning UK risks losing fintech ground to the US and EU. Read more:…
Americans spending more because they are ‘optimistic’? Economists challenge Trump adviser’s claim
Economists have challenged a Trump adviser’s claim that rising spending reflects optimism, pointing instead to inflation and stagnation Read Full Article at RT.com