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OpenAI Strikes $30 Billion Annual Deal with Oracle for Massive Cloud Power
The agreement — among the largest in AI history — will power OpenAI’s Stargate infrastructure, leasing energy equivalent to a quarter of U.S. data centre capacity. In a landmark deal poised to reshape the AI infrastructure landscape, OpenAI has agreed…
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Rebirth of the British Seaside: Three Coastal Towns that are Making a Splash
From Revitalised Resorts to Thriving Communities, These UK Destinations are Proving that the Seaside is More than Just a Holiday The British seaside has long been a staple of summer holidays, but in recent years, some of the country’s most…
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Revolut: The Low-Cost Bank Winning Over a New Generation
With sleek tech, zero-fee features, and global accessibility, Revolut is redefining banking for digitally native youth across Europe and beyond. In a financial world still dominated by traditional institutions, one digital disruptor has managed to captivate a generation. Revolut, the…
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Giorgio Armani Operations Slow as Revenue and Profits Dip
Once a symbol of Italian luxury’s unstoppable rise, the iconic fashion house faces headwinds in global markets. Is this a pause or the beginning of a deeper shift? Giorgio Armani, the emblem of timeless Italian fashion, is experiencing an unexpected…
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End of an Era: Matthew Freud Considers Sale of PR Empire
After four decades at the top of London’s communications world, the famed spin doctor taps Robey Warshaw to explore options for selling his consultancy. Matthew Freud, one of the most influential figures in British public relations, is exploring the sale…
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Silicon Valley Titans Back New Bank for Start-Ups
Thiel and fellow tech billionaires fund next-gen lender to fill funding gap for early-stage innovation following collapse of SVB. A group of high-profile tech billionaires, including PayPal co-founder and venture capitalist Peter Thiel, are backing the launch of a new…
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Basel IV Shock: Deutsche Bank Warns of Major Capital Impact
German lender braces for 33% surge in risk-weighted assets under new global banking rules set for full implementation by 2033. Deutsche Bank has sounded a note of caution over the looming impact of the Basel IV regulations, warning that the…
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Capital Flight: Investors Pull Back from U.S. Amid Trump’s Trade Volatility
Erratic trade signals from Trump raise red flags for global markets, prompting capital reallocations to more stable regions. A growing number of global investors are shifting their portfolios away from the United States, citing uncertainty over Donald Trump’s unpredictable stance…
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European Risky Debt Market Sees Sharp Surge
Sales of High-Yield Corporate Bonds Reached €23 Billion in May, JPMorgan Reports Sales of high-risk European corporate debt soared to approximately €23 billion in May, according to the latest analysis by JPMorgan Chase. The dramatic rise underscores a growing appetite…
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A New Economic Era: The ‘Beautiful Bill’ Reshapes the U.S. Economy
Sweeping Reform Legislation Promises to Transform Taxation, Infrastructure, and Labor Policy With the stroke of a pen, President Trump has ushered in what many are calling a new chapter in American economic policy. The “Beautiful Bill,” a sweeping legislative package…
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