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INSANE: 3 | Rare Historical Photos

France's OVHcloud plans frontier AI models to become Europe's second LLM player

OVHcloud aims to build advanced AI models. This move positions the European cloud provider as a competitor to Mistral. The company seeks to offer alternatives to US and Chinese AI systems. OVHcloud CEO Octave Klaba stated the firm must master this technology for its future. The economics of developing these…

The Economic Times

European defence spending: Poland spends larger share of GDP than US

Defence spending across European NATO is at its highest since the Cold War, with countries closest to Russia spending the most. But the continent is splitting between front-line states racing towards 5% of GDP and a large group doing the bare minimum.

Euronews

Can Hormuz be bypassed? Past shows commercial viability may simply not be there, analyst says

On Tuesday, leaders at the G7 summit in Evian-les-Bains were seeking to identify alternative routes to bypass the Strait of Hormuz, which US President Donald Trump said would be "completely open" on Friday. Speaking with FRANCE 24's Sharon Gaffney, Maisoon H Kafafy, Senior Advisor to the Atlantic Council's Middle East…

France 24

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From bombs to billions: The strange economics of US-Iran peace deal

Iran and United States are set to sign a peace deal involving significant financial concessions and sanctions relief for Iran. The deal seeks to strike a complex balance between military pressure and economic incentives, with an eventual aim to de-escalate regional tensions. Billions in frozen assets and credit lines are…

The Economic Times

Six in ten women in London say capital's getting less safe, new poll finds in blow to Sadiq Khan

Exclusive: A majority of Londoners believe that safety in the city is deteriorating, according to a survey for the London School of Economics

Evening Standard

WEKA and Oracle Cloud Infrastructure Validate 10x Throughput Gains for Long-Context AI Inference

CAMPBELL, Calif., June 10, 2026 /PRNewswire/ -- WEKA, the AI data and memory infrastructure company, today announced production-scale benchmarks that show how organizations can improve the economics of long-context AI inference by serving more users and tokens on the same GPU footprint. The benchmarks show that WEKA's NeuralMesh™ platform with…

AAP

IEP - Record Conflicts Drive Peace to Historic Low as AI warfare surges

LONDON, June 9, 2026 /PRNewswire/ -- The 2026 Global Peace Index (GPI), released today by the Institute for Economics & Peace (IEP), reveals a world struggling with the economic consequences of a record-high number of conflicts that are increasingly interconnected and difficult to resolve. This deterioration is driven by a…

AAP

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The 'Living Wage' Attack on Jobs and Prosperity

Rep. Ro Khanna's minimum wage proposal promises prosperity but would likely price many low-skilled workers out of the labor market.

Reason

Black Rock Coffee Bar Targets 1,000 Stores as Loyalty Fuels Growth Plan

Black Rock Coffee Bar (NASDAQ:BRCB) executives outlined the company’s growth strategy, store economics and competitive positioning during a William Blair consumer event, emphasizing plans to sustain rapid unit expansion while leaning on customer loyalty, store-level execution and a differentiated ca

MarketBeat

Macquarie initiates 'Underperform' rating on Meesho, sees 25% downside. Here's why

Macquarie has initiated coverage on Meesho with an ‘Underperform’ rating and a target price of Rs 125, implying nearly 25% downside. The brokerage believes declining average order values and modest per-order economics could limit profitability, despite strong user growth, improving engagement metrics, and the company’s focus on free cash flow.

The Economic Times

Ex-Google CEO is key to Ukraine's most formidable drone weapon to date - $5000 Hornet can carry 5Kg of explosives on a 200Km, one-way trip

Eric Schmidt, former Google chief executive, drives drone projects behind Ukraine’s Hornet, shifting warfare toward low-cost swarm strike economics.

TechRadar

Can Elon Musk do to US telecom what Mukesh Ambani did in India?

Elon Musk's Starlink is poised to disrupt American telecom giants like AT&T and Verizon. Analysts believe Starlink could change how connectivity is delivered and who controls it. SpaceX's satellite internet service is evolving into a mainstream platform. This shift could accelerate declines in subscriber growth and revenue for traditional operators.

The Economic Times

Inside Lalit Modi’s lavish London house: A look at the IPL founder’s 5-storey mansion

Lalit Modi, the architect of the Indian Premier League, has transformed cricket's economics and entertainment value. He resides in a lavish five-storey mansion in London's Belgravia-Chelsea, boasting a private elevator and an extensive collection of cricket memorabilia, reflecting his passion for the sport.

The Economic Times

LONGi Showcases LONGi ONE at SNEC 2026, Advancing Native Solar-Plus-Storage Integration

SHANGHAI, June 4, 2026 /PRNewswire/ -- At SNEC 2026, LONGi further advanced its LONGi ONE solar-plus-storage strategy, demonstrating how a unified technology architecture can address long-standing challenges and improve project economics across solar and energy storage deployments. As solar-plus-storage becomes a mainstream pathway for energy transition,...

AAP

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MarketBeat

Black Rock Coffee Bar Touts 20% Growth Goals, 1,000-Store Ambition at Conference

Black Rock Coffee Bar (NASDAQ:BRCB) executives outlined the company’s growth strategy, unit economics and near-term sales trends during a Baird investor session, emphasizing the brand’s store experience, barista engagement and expanding development pipeline. Chief Executive Officer Mark Davis said

MarketBeat

BlackLine Sees AI Tailwind as Accountants Demand Accuracy Over Hype

BlackLine (NASDAQ:BL) executives said finance and accounting departments are moving cautiously but steadily toward artificial intelligence, with demand centered on accuracy, controls and predictable economics rather than experimentation. Speaking at the Baird Global Consumer, Technology & Servi

AAP

Hycroft Delivers $10 Billion NPV from Technical Report at Spot Prices While Advancing High-Grade Brimstone and Vortex Silver Discoveries

WINNEMUCCA, Nev., June 3, 2026 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or "the Company"), is pleased to announce the results from its S-K 1300 Technical Report Summary and Initial Assessment (the "TRS"), which outlines the economics and mine plan for a milling operation utilizing conventional pressure oxidation…

The Economic Times

RBI may have sold gold to save foreign reserves, BE report shows

The RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid capital outflows and rising oil prices, according to Bloomberg Economics. The move suggests policymakers are prioritising liquid forex reserves as Middle East tensions pressure the…

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The Guardian - UK

UK’s growing green economy worth more than £100bn a year, research finds

Net zero industry accounts for more than a million jobs and benefits whole country, according to CBI Economics

France 24

'Not Western version of democracy': 147 constituencies allegedly excluded from Ethiopia's election

As Ethiopians head to the polls, François Picard is pleased to welcome Jervin Naidoo, Political Analyst at Oxford Economics Africa. While official narratives emphasise stability and democratic progress, significant portions of the country remain excluded from voting, raising concerns about representation, legitimacy and the consolidation of power. Naidoo argues that…

Fortune

Exclusive: Economists have been teaching an unproven proof for 50 years. AI just solved it

Axiom Math, a $1.6B AI unicorn, is building a formally verified library of economic theorems — and already found gaps in the foundations of antitrust law.

The Economic Times

Quote of the Day by Adam Smith: “How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their...” Learn why true happiness grows when you care about others — the timeless wisdom that proves human kindness is stronger than selfishness

Quote of the Day by Adam Smith: This is one of the most powerful openings in the history of economics and philosophy. It perfectly highlights a side of Adam Smith that people often forget. While everyone remembers him for the "invisible hand" and self-interest in The Wealth of Nations, this…

Fortune

I raised $15 million without VC in one of tech’s most capital-intensive sectors. Here’s what I learned

Here's why chasing institutional capital in mobility is a trap, and how building with private money forced the discipline the industry never had.

The Economic Times

Ather Energy shares can rally till Rs 1,450, says CLSA, citing twin engine

CLSA sees nearly 60% upside in Ather Energy, initiating coverage with an “Outperform” rating and a Rs 1,450 target. The brokerage cites a “twin engine” of cost deflation and premiumisation, strong software-led revenues, and improving unit economics, expecting EBITDA breakeven by FY28 and significant margin expansion through FY31–32.

Kiplinger

'Incentives Matter': 6 Valuable Lessons From Economics About Work and Retirement

While critics complain that economists are always at odds, there are plenty of areas of agreement that contain valuable lessons for our working lives and more.

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