Investigation by Serious Fraud Office into £112mn hotel constructed by prominent UK trade union

Investigation by Serious Fraud Office into £112mn hotel constructed by prominent UK trade union

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK Serious Fraud Office is investigating a hotel and conference centre in Birmingham built by Britain’s second largest trade union that has been valued at tens of millions of pounds below its construction cost. … Read more

Intern at ByteDance dismissed for suspected AI sabotage on TikTok

Intern at ByteDance dismissed for suspected AI sabotage on TikTok

Interns are often blamed for office mishaps, but at ByteDance, a junior employee may have caused significant damage. The Chinese tech company confirmed that it fired an employee who allegedly tampered with the company’s AI model training tasks. ByteDance, valued at over $220 billion, has been working on its generative AI product Doubao to compete … Read more

Warren Buffett Continues to Invest in These 4 Unstoppable Stocks Despite $132 Billion Warning to Wall Street

Warren Buffett Continues to Invest in These 4 Unstoppable Stocks Despite 2 Billion Warning to Wall Street

Amid Warren Buffett’s $132 Billion Warning to Wall Street, He Can’t Stop Buying Shares of These 4 Unstoppable Stocks Arguably no money manager is more closely followed on Wall Street than Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. Aside from being an open book and willingly sharing the traits he looks for when putting … Read more

Citi predicts uranium price surge, recommends ‘Buy’ on Yellow Cake stock

Citi predicts uranium price surge, recommends ‘Buy’ on Yellow Cake stock

Citi recently initiated coverage on Yellow Cake Plc (YCA:LN) (OTC: YLLXF) stock, a company that provides investors with exposure to physical uranium, giving it a Buy rating and a price target of £7.50. Citi pointed out that Yellow Cake has doubled its uranium holdings since 2019 and expects a further 50% increase over the next … Read more

Moldovans support EU accession talks by a slim margin

Moldovans support EU accession talks by a slim margin

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Moldovan citizens have narrowly voted in favor of moving forward with discussions to join the EU, as revealed by early results on Monday. This outcome came as a surprise for President Maia Sandu, who had … Read more

Robinhood introduces margin trading services in the U.K.

Robinhood introduces margin trading services in the U.K.

Robinhood shook up the trading world when Redditors used the platform to make unconventional trades on struggling stocks like GameStop and Bed, Bath, and Beyond. Now, the company is introducing a key product to its lineup for U.K. customers. Robinhood has now launched margin trading for U.K. customers, six months after the initial launch of … Read more

Majority of Europeans approve of AI implementation in law enforcement and defense forces

Majority of Europeans approve of AI implementation in law enforcement and defense forces

European Tech Insights recently conducted a study in which they found that the majority of Europeans support the use of artificial intelligence in police and military operations. Over 3,000 people were surveyed, and 75% of them expressed support for AI technologies like facial recognition and biometric data being used for surveillance by law enforcement and … Read more

Carson Block Advises Investing in US Stocks Over China

Carson Block Advises Investing in US Stocks Over China

Carson Block, known for his ability to identify overvalued companies to short sell, recently advised investors to consider buying the largest US stocks as the market continues to climb higher due to steady inflows of capital. Despite concerns about high valuations as the S&P 500 Index reaches new records, Block believes that inflows from retirement … Read more

European equities show mixed performance as German producer prices decline

European equities show mixed performance as German producer prices decline

Investing.com – European stock markets started the new week on a subdued note, edging lower as investors focus on the future path of interest rates and the ongoing third-quarter earnings season. In Germany, the DAX traded 0.2% lower, while the CAC 40 in France fell 0.1% and the FTSE 100 in the U.K. dropped 0.1%. … Read more