South Korea is seeking a stronger position in the global artificial intelligence industry through a proposed $3.5 billion state-backed initiative focused on developing domestic frontier AI capabilities. The reported October 6 announcement highlights a...

The U.S. 10-year Treasury yield has pushed through the closely watched 5% level, adding another challenge for investors already dealing with persistent inflation, expensive energy and tighter monetary policy. The move took the benchmark...

Rocket Lab has completed a $1.944 billion at-the-market equity offering as it moves closer to acquiring satellite communications company Iridium Communications. Announced on September 15, the financing provides Rocket Lab with the required cash...

The 18th BRICS Summit concluded in New Delhi on September 13 after two days of discussions involving some of the world’s largest emerging economies. Hosted by India, the summit brought leaders together under the...

The scale of the disaster unfolding across the Himalayas has become clearer, and the numbers are devastating. By September 1, the death toll from catastrophic flooding in Nepal and China’s Tibet region had crossed...

Severe weather has caused serious disruption across parts of Western Europe and Asia, with communities in Germany and China facing two very different but equally dangerous situations. Between August 19 and 20, powerful thunderstorms...