The Canadian Dollar (CAD) trades higher against its major currency peers, except antipodeans, during the European trading session on Tuesday. The USD/CAD pair declines 0.25% to near 1.4120 at the time of writing as the Loonie gains amid improvement in the appeal of currencies from economies, such as Canada, which…
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Meta is scaling up what was already slated to become its largest AI data center, a Louisiana campus that the tech giant says has fueled “life-changing returns” for local teachers and businesses.The company behind Facebook and Instagram said in a blog post on Monday that the Richland Parish data center, known as Hyperion, will now grow to 5 gigawatts of compute capacity, bringing the project’s cost to more than $50 billion.The announcement offers a new…
The Trump administration on Monday released guidance from several financial regulators reminding banks and credit…
OCBC strategists Sim Moh Siong and Christopher Wong observe that USD/SGD has turned slightly softer,…
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On Sunday, New York City’s Yankee Stadium was certainly a concrete jungle where dreams are made of — at least, for the thousands of Jay-Z fans who waited hours to see the rapper take the stage for the third and final night of his residency there.A four-hour delay caused the…
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Paramount CEO David Ellison is reportedly being pressured to move his business out of California as the state tries to interfere with a planned takeover of Warner Bros. Discovery. Ellison’s Paramount is seeking to acquire Warner Bros. Discovery in a $111 billion deal expected to close during the third quarter…
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Last month, JPMorgan gave the world a better idea of who might succeed Jamie Dimon as CEO. And Dimon just gave a better idea of what he might do once that successor takes the job.Dimon, who has led JPMorgan since 2006, said that in addition to doing business “with people…
