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Anthropic unveils IPO filing showing soaring sales and AI risks

Anthropic, one of the world’s leading artificial intelligence companies, on Monday made public its plans to sell shares on the stock market, a significant test of whether the AI boom can deliver profits.

Stocks climb ahead of tech earnings, central bank calls

The world's main stock markets mostly climbed Monday as investors geared up for the week's crucial run of central bank decisions and tech earnings, while oil prices retreated from a six-month high.

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G7 finance chiefs push for consensus despite Trump tariffs

G7 finance leaders played down their differences Thursday, despite turmoil from US President Donald Trump's wide-ranging tariffs, and sought common ground on Ukraine as talks in Canada entered the final hours.

Xiaomi launches new advanced in-house mobile chip

Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop.

Stocks, oil prices retreat on US debt worries

Equities and oil prices slid Thursday on concerns over the US economy as President Donald Trump tries to push through fresh tax cuts that risks sending the country's deficit ballooning further.

Japan shows off futuristic 'railgun' at defence expo

As Japan's biggest defence exhibition kicked off this week, visitors got a close-up look at a model of its futuristic "railgun" that its makers hope will be able to shoot down hypersonic missiles.

Norway film starring Elle Fanning gets 19-minute Cannes ovation

Director Joachim Trier found himself crying behind the camera as he shot "Sentimental Value", his moving new tale about a quietly fractured family that got an extraordinary 19-minute standing ovation Thursday at the end of its premiere at the Cannes film festival.

Ads pressured to evolve as AI changes Google search

As Google races to lead in artificial intelligence, it faces the challenge of making sure the technology doesn't slow its profit-pumping advertising engine.

German far-right voters don't deserve empathy, says director Akin

Director Fatih Akin's new movie at the Cannes film festival is about a boy learning to love his Nazi-supporting parents.

EU ready to tax Russian fertilisers as early as July

EU lawmakers are set to greenlight tariffs on fertiliser imports from Russia on Thursday, despite European farmers' fears the move risks sending global prices soaring.

Trier weaves his Cannes magic again with family affair

Joachim Trier found himself crying behind the camera as he shot "Sentimental Value", his moving new tale about a quietly fractured family that got a 15-minute standing ovation at the end of its Wednesday premiere at the Cannes film festival.

G7 finance chiefs seek unity as Canada talks near end

Talks among G7 finance ministers faced challenges Wednesday as the group worked to overcome divides on thorny issues like the impact of US President Donald Trump's tariffs and support for Ukraine.

Trump says mulling privatizing Fannie Mae and Freddie Mac

President Donald Trump said Wednesday he was considering selling off US mortgage-backing giants Fannie Mae and Freddie Mac almost two decades after they were brought under government control during a global financial crisis.

Epique Realty wins 7 International Awards for AI

Epique Realty Recognized in Premier Global Business Awards Program for Exceptional Performance

D. Boral Capital acted as Exclusive Placement Agent to Luminar Technologies (NASDAQ:LAZR) in connection with its up to $200.0 Million Equity Linked Securities Offering

NEW YORK CITY, NY / ACCESS Newswire / May 22, 2025 / Luminar Technologies (NASDAQ:LAZR), a leading global automotive technology company, today announced it has entered into a definitive agreement with YA II PN, Ltd., an investment fund managed by Yorkville Advisors Global, and another accredited investor to issue up to $200 million of convertible preferred stock to the investors in registered direct offerings over an 18-month period.

Askeladden Capital Presents Plan To Maximize AstroNova's Shareholder Value

Askeladden Capital Shares Plan to Maximize Shareholder Value, Including Specific Operational Improvements Based on Extensive Primary ResearchTransdigm's May 2025 Acquisition of Public Aerospace Component Company Servotronics At 274% Premium Highlights Potential to Unlock Value at AstroNova Through Comprehensive Evaluation of Strategic AlternativesCEO Greg Woods and Lead Independent Director Richard Warzala Were Colleagues In the 1990s; Long-Standing Relationships May Compromise Board IndependenceAstroNova Has Suffered Severe and Persistent Shareholder Value Destruction Under Five Long-Tenured Board Members; Recent Statements Demonstrate Lack of Commitment to Shareholder Value

GPOPlus+ Activates Field Teams in Las Vegas as Initial Phase of National Rollout Strategy

A new Field Operations & Retail Channel Engagement activation team has launched in Las Vegas to onboard 200 new stores and establish a scalable model for nationwide expansion.

Midwest Plumbing Opens Second Office in Lakewood, Colorado

Expanding to Serve More Customers Across the Denver Metro Area

Legacy Meets Innovation: OakWood Designers & Builders Earns 2025 Consumer Choice Award in Ottawa

OTTAWA, ONTARIO / ACCESS Newswire / May 22, 2025 / OakWood Designers & Builders, one of Ottawa's most respected and enduring home construction firms, has been recognized with the 2025 Consumer Choice Award in the Home Builder category. This milestone achievement honours OakWood's unparalleled legacy of craftsmanship, client-first design, and visionary use of technology that continues to set new benchmarks for the residential building industry in Canada's capital.

Brothers Plumbing, Heating & Electric Wins 2025 Consumer Choice Award for Plumbing Contractor in Denver

DENVER, COLORADO / ACCESS Newswire / May 22, 2025 / Consumer Choice Award (CCA) is proud to announce that Brothers Plumbing, Heating & Electric has been named the 2025 Consumer Choice Award Winner in the Plumbing Contractor category for the Denver region. This honour reflects more than four decades of exceptional service, community commitment, and unwavering dedication to excellence in the home services industry.

G7 finance chiefs begin talks under strain of Trump tariffs

G7 finance leaders exchanged pleasantries before tough discussions Wednesday, seeking to restore stability in the face of economic turbulence from US President Donald Trump's punishing tariffs -- and to strengthen support for Ukraine.

Bitcoin hits record high amid optimism over US legislation

Bitcoin hit a record high on Wednesday, driven by a wave of optimism over cryptocurrency legislation in the United States.

Dollar, US bonds under pressure as Trump pushes tax bill

A bond sell-off and declining dollar signalled investor unease Wednesday as Washington lawmakers contemplated a tax-cut bill that could push up the US deficit.

Third time lucky? South Africa presents revised budget

South Africa's finance minister presented Wednesday a third version of the 2025 budget after being forced to backtrack on a proposed increase in value-added tax that threatened to split the coalition government.

Dollar, US bonds under pressure amid global tensions and Trump tax bill

A bond sell-off and declining dollar signalled investor unease Wednesday as Washington lawmakers contemplated a tax-cut bill that could push up the US deficit.

Israeli 'warning' fire at diplomats sparks outcry amid Gaza pressure

Israeli troops fired warning shots during foreign diplomats' visit to the occupied West Bank on Wednesday, the military said, drawing condemnation as pressure mounted on Israel to allow aid into war-battered Gaza.

Trump Organization breaks ground on $1.5-bn Vietnam project

Eric Trump attended a groundbreaking ceremony in Vietnam Wednesday for a $1.5-billion luxury resort and golf course due to be developed by his father US President Donald Trump's real estate group.

Bloomberg financial markets data service hit by outage

Bloomberg, the financial data service used by traders around the world, was hit by an outage on Wednesday, briefly disrupting an auction of UK government debt.

EU plans to slash red tape for medium-sized companies

The EU unveiled plans Wednesday to cut red tape for medium-sized companies and abolish barriers for businesses to sell goods across the bloc as part of its efforts to catch up with China and the United States.

China's Baidu posts rise in Q1 revenue as seeks to grow AI presence

Chinese internet giant Baidu on Wednesday posted a quarterly revenue increase of three percent, as the firm seeks to grow its presence in artificial intelligence and expand its robotaxi business abroad.

Canal+ buyout of S.Africa's MultiChoice one step closer

South Africa's competition authority announced Wednesday it had approved the buyout of Africa's largest pay TV enterprise MultiChoice by France's Canal+, which wants to expand its footprint on the continent.

UK inflation hits 15-month high as utility bills soar

Britain's annual inflation rate surged more than expected in April as energy and water bills rose sharply, official data showed on Wednesday.

Oil prices jump on report of Israel prepping Iran strike

Crude prices rallied Wednesday following a report that US intelligence suggested Israel was planning a strike on Iranian nuclear facilities, which would send geopolitical tensions into overdrive and fuel regional conflict fears.

China slams US 'bullying' over new warnings on Huawei chips

Beijing condemned on Wednesday new US warnings on the use of AI chips by Chinese tech giant Huawei, vowing it would take steps against "bullying" efforts to restrict access to high-tech semiconductors and supply chains.

The Fort Worth Press - Economy (English)