Economic news
Global tech sell-off deepens as Asian markets tumble
AI-related stocks in South Korea and Japan suffer after Wall Street falls on hot US inflation
US chip stocks slide as inflation and AI debt fears unsettle investors
Nvidia, Oracle and CoreWeave fall as fervour around the technology cools
How high inflation became a ‘fact of life’ in the U.S.
U.S. inflation has stayed elevated for years, raising concern at the Federal Reserve that consumers may come to expect stubbornly high prices.
German prosecutors accuse Ukraine of Nord Stream sabotage
Ukrainian ex-officer Serhii Kuznietsov goes on trial in Hamburg for allegedly leading group of divers who placed explosives on Russian gas pipelines
Berkshire Hathaway adds $330mn to stake in tech group Bending Spoons
Shares of conglomerate that owns AOL and Vimeo jump more than 50% on news of expanded investment by Nebraska asset manager