UMG shares rally after new multi-year pact with Spotify
Investing.com — Universal Music Group (AS:UMG) and Spotify (NYSE:SPOT) have announced a new multi-year deal for recorded music and publishing, the companies announced in a Sunday statement. The agreement includes a direct license between Spotify and UMG, spanning the US…
Chinese AI startup DeepSeek overtakes ChatGPT on Apple App Store
BEIJING (Reuters) – Chinese startup DeepSeek’s AI Assistant on Monday overtook rival ChatGPT to become the top-rated free application available on Apple (NASDAQ:AAPL)’s App Store in the United States. Powered by the DeepSeek-V3 model, which its creators say “tops the…
Morning bid: China’s AI challenger puts investors on edge
A look at the day ahead in European and global markets from Kevin Buckland For two years, investors and analysts have pondered what – if anything – could take some of the steam out of the AI stocks rally. China…
In Trump’s shadow: Five Questions for the ECB
By Yoruk Bahceli and Stefano Rebaudo LONDON (Reuters) – The European Central Bank meets on Thursday for the first time since Donald Trump returned to office, leaving U.S. tariff threats looming over the euro zone’s sluggish economy and potentially complicating…
Trump’s Colombia tariffs on hold after Bogota agrees to accept migrants- AP
Investing.com– U.S. President Donald Trump’s proposed trade tariffs against Colombia are now on hold after Bogota agreed to accept migrants deported from the U.S., the Associated Press reported on Sunday. Trump had threatened to impose 25% tariffs on all Colombian…
Analysis-To weather Trump, emerging market investors look to the frontier
By Libby George LONDON (Reuters) – The new era of unpredictability, marked by tariff threats and rising global tensions, is prompting emerging market investors to look for shelter in frontier markets that are relatively safe from U.S. President Donald Trump’s…