Edinburgh Worldwide shareholders reject Saba Capital plan to oust board after bitter dispute
EWIT's board have defeated Boaz Weinstein's U.S. activist hedge fund for a second time following a bitter boardroom battle.
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EWIT's board have defeated Boaz Weinstein's U.S. activist hedge fund for a second time following a bitter boardroom battle.
China's tech giants are jostling to gain an edge in the AI race, as firms seek to develop models capable of coordinating and performing functions across sites.
Chinese companies are no longer just exporting overseas, instead eyeing partnerships and local investments for global expansion.
Airfares and tobacco inflation artificially push headline figure higher
U.S. treasury secretary Scott Bessant addressed reporters at a press conference at the World Economic Forum on Wednesday.
The U.K. inflation rate rose to 3.4% in December, above forecasts of 3.3% from economists polled by Reuters.
Markets on Tuesday flashed the classic signs of a "sell America" trade, as investors recoiled from escalating risks tied to Washington's foreign policy.
China doubled down its rhetorics on the trade agreement between Taiwan and the U.S., saying it would benefit Washington while eroding the island's strategic advantages.
Figure comes as investors await Bank of England’s next decision on interest rates
Plus the sustainability of the small-cap rally
U.K. PM Keir Starmer is treading a fine line in diplomacy — and appears to be banking on Britain’s “special relationship” with the U.S. to deliver a compromise.
Gold prices climbed to another record of over $4,800 on Wednesday, extending its sharp rally.