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Report of OpenAI Missing Revenue Targets Shakes AI Stock Market
TechnologyReutersNYTwsj+10FTcnbcberlingskesvenska-dagbladetYahoocapital-bgindian-expresschannel-news-asia+2 more2d ago13 sources

Report of OpenAI Missing Revenue Targets Shakes AI Stock Market

A recent report indicating that OpenAI missed its revenue and user growth targets has sparked concerns within the AI industry and led to a decline in related tech stocks. Shares of companies like Oracle, AMD, and Nvidia saw drops following the news.

US Treasury 5-Year Auction Sees Weak Demand
Financezerohedge1mo ago

US Treasury 5-Year Auction Sees Weak Demand

A recent US Treasury 5-year paper auction performed poorly, recording the worst bid-to-cover ratio in four years and the highest tail since 2024, with dealers stepping in to cover.

ZEN Petroleum honours staff at Retail Excellence Awards
Businessmyjoyonline1mo ago

ZEN Petroleum honours staff at Retail Excellence Awards

ZEN Petroleum has reiterated its commitment to strengthening its retail operations in Ghana after honouring outstanding staff and dealers at the 2026 Retail Excellence Awards in Accra. Speaking to Joy Business on the sidelines of the event, Founder of ZEN Petroleum, William Tewiah, said the gathering was primarily to recognise and reward hardworking staff. “Today’s […]

Owners of car dealership in Limassol targeted for second time; damage exceeds €100,000
Worldin-cyprus1mo ago

Owners of car dealership in Limassol targeted for second time; damage exceeds €100,000

Police and the Fire Service were conducting investigations into a suspected criminal act targeting two brothers who own a luxury car dealership in the Amathounta area of Limassol. Initial examinations indicate that the perpetrators poured a flammable substance over one of two vehicles parked in the yard of the premises, after which the fire spread […]

Fire damages vehicles at luxury car dealership in Limassol
Businessin-cyprus1mo ago

Fire damages vehicles at luxury car dealership in Limassol

A fire broke out early on Wednesday at a luxury car sales premises in Germasogeia, damaging several vehicles, police said. According to the Cyprus Police, the blaze started at around 4:00 a.m. at the premises, which is owned by two men aged 33 and 22. The fire was extinguished by the Cyprus Fire Service. Two […]

Lamborghini Opens New Dealership in Katowice, Poland
Financerzeczpospolita5d ago

Lamborghini Opens New Dealership in Katowice, Poland

Lamborghini has opened its second dealership in Poland, located in Katowice, with CEO Stephan Winkelmann attending the inauguration, signaling Poland's emergence as a key luxury market in Central and Eastern Europe.

Worldstar-kenya13d ago

NTSA Tightens KD Plate Rules, Impacting Kenyan Car Dealers

The National Transport and Safety Authority (NTSA) in Kenya has tightened rules regarding KD license plates, a move that is significantly impacting car dealers. The new regulations aim to enhance vehicle registration and compliance.

"...The Entire Internet Has Doomer Fatigue"
Opinionzerohedge1mo ago

"...The Entire Internet Has Doomer Fatigue"

"...The Entire Internet Has Doomer Fatigue" Authored by James Howard Kunstler, "I can tell the entire internet has doomer fatigue." - Catturd on X The mysterious financial repo markets - which practically no one outside of banking understands (and even some banking insiders don't) - started showing some signs of stress recently (forward rates spiking: 1Y1Y SOFR has risen nearly 50 bps in two weeks, signaling growing concern among dealers and investors about future funding costs)...

French Car Fraud Scheme Causes €550M Loss
Businessobservador1mo ago

French Car Fraud Scheme Causes €550M Loss

A criminal scheme involving the evasion of fines, thefts, and taxes has put one million irregular cars on French roads, resulting in a financial loss of 550 million euros for public coffers, with private dealerships profiting from bribes.

Belgium Becomes Major Hub for Drug Cartels
Worldaktuality-sk1mo ago

Belgium Becomes Major Hub for Drug Cartels

Belgium's strategic location is now being exploited by cocaine cartels, which leverage global trade, corrupt state institutions, and transform ports into major drug trafficking hubs, with dealers reportedly arriving faster than pizza deliveries.

Madriaga offered P500M P1B for silence – lawyer
Politicsinquirerphilstar1mo ago2 sources

Madriaga offered P500M P1B for silence – lawyer

Former colleagues tried to bribe Ramil Madriaga with P500 million to P1 billion in exchange for his silence on Vice President Sara Duterte’s links to drug dealers and offshore gaming operators who bankrolled her campaign in 2022.

Used Car Dealership Targeted in Thessaloniki Shooting
Worldiefimerida10d ago

Used Car Dealership Targeted in Thessaloniki Shooting

Shootings occurred in the center of Thessaloniki overnight, with a used car dealership on Vasilissis Olgas street being targeted. Employees discovered the attack in the morning, suggesting it was carried out by extortionists or criminals.

Nigeria's Central Bank Introduces New Money Market Benchmark
FinancePremium Times12d ago

Nigeria's Central Bank Introduces New Money Market Benchmark

The Central Bank of Nigeria (CBN) and the Financial Markets Dealers Association (FMDA) have collaborated to introduce a new money market benchmark. This initiative aims to align Nigeria with global best practices and enhance price discovery and transparency in the market.

Nigeria's CBN Introduces New Money Market Benchmark
Financevanguard-ng13d ago

Nigeria's CBN Introduces New Money Market Benchmark

The Central Bank of Nigeria (CBN) and Financial Markets Dealers Associations have launched the Nigerian Overnight Financing Rate (NFOR) as a new money market benchmark to promote consistent pricing of money market instruments.

Fuel Frenzy Grips Gujarat Amid Shortage Rumors and Operational Shifts
BusinessTimes of Indiaindian-express1mo ago2 sources

Fuel Frenzy Grips Gujarat Amid Shortage Rumors and Operational Shifts

Panic buying and long queues have gripped Gujarat, India, as rumors of a fuel shortage spread, leading to temporary rationing at petrol pumps. Dealers attribute the disruption to operational shifts, including advance payment requirements and weekend replenishment gaps.

Businessbudapest-times1mo ago

BYD Dealerships in Hungary Projected to Double

The number of BYD dealerships operating in Hungary is expected to double, according to a report from the Budapest Business Journal. This expansion signals significant growth for the Chinese electric vehicle manufacturer in the Hungarian market.

Which governments own the most Bitcoin—and how they got it
Financecyprus-mail2mo ago

Which governments own the most Bitcoin—and how they got it

The United States government is one of the largest Bitcoin holders on Earth—not because Congress voted to create a strategic reserve, but because federal agents have spent a decade seizing cryptocurrency from criminals. Drug dealers, hackers, ransomware operators, and money launderers accumulated Bitcoin through illicit activity. Law enforcement tracked them down and confiscated their digital […]