Governments should take a more active role in regulating AI, according to a new survey of members of the Institute of Chartered Accountants of Scotland (ICAS). The survey found that 60% of chartered accountants (CAs) want greater government intervention in AI regulation. That compares with 15% who said they do not. The findings are based…
Lagarosse Holdings, the Cayman Islands-registered producer of French wine, is filing for an IPO in the US. Documents lodged with the SEC indicated Lagarosse Holdings, which is centred on Bordeaux, plans to use the proceeds on areas including vineyard investment, expansion into new markets and M&A. The company’s Château Lagarosse estate is located in Tabanac…
Bitcoin (BTC-USD) opened at $61,492.99 on Friday, July 3, 2026, up 2.5% from Thursday’s opening price. The value of bitcoin rose to $61,853.72 by 8:45 a.m. ET. Ethereum (ETH-USD) opened at $1,698.37 on Friday, up 5.6% from Thursday’s opening price. The value of ethereum moved up to $1,731.87 as of 8:45 a.m. ET. The prices…
According to the Zillow lender marketplace, the average 30-year fixed-rate mortgage rose by 8 basis points to 6.44% today, Friday, July 3, 2026. The average 20-year fixed rate increased by 4 basis points to 6.26%. The 15-year fixed rate was nearly unchanged (down 1 basis point) at 5.86%. The average 5/1 ARM rose by 5…
By Samuel Indyk and Jiaxing Li LONDON, July 3 (Reuters) – The U.S. dollar fell towards its biggest weekly loss in 12 weeks on Friday after a tepid U.S. jobs report cooled market expectations for a near-term Federal Reserve interest rate hike, providing some relief for the embattled Japanese yen. Broad dollar weakness lifted the…
Japan last month reduced gas-fired generation in favor of coal as the price of liquefied natural gas remained elevated despite multiple reports of energy flows out of the Strait of Hormuz improving. The country generated 17.3 terawatt-hours from gas-fired power plants in June, Bloomberg reported, which was down by 16% on June 2025. Coal-fired generation,…
By Gregor Stuart Hunter SINGAPORE, July 3 (Reuters) – Stocks rose during the Asian trading session on Friday after a lukewarm U.S. jobs report poured cold water on the prospect of an imminent rate hike from the Federal Reserve and regional activity gauges pointed to an economic expansion during June. After a shaky start, MSCI’s…
SINGAPORE, July 3 (Reuters) – Chinese robot maker Unitree Robotics has received regulatory approval for a Shanghai listing through which it plans to raise 4.2 billion yuan ($619.4 million), moving it closer to one of China’s most watched technology initial public offerings. The approval comes as China’s onshore IPO market shows signs of life after…
BENGALURU, July 3 (Reuters) – India’s dominant services sector expanded at its slowest pace in 17 months in June as domestic demand weakened sharply and overall new business grew at its slowest rate in over two-and-a-half years, according to a survey that also showed hiring nearly stalling. • HSBC’s India Services Purchasing Managers’ Index (PMI),…
By Sethuraman N R NEW DELHI, July 3 (Reuters) – India’s coal-fired power generation surged to a near-three-year high in June because of increased cooling demand from higher temperatures from an extended heatwave and below-average monsoon rainfall, government data showed. India’s total electricity generation in June rose 10.4% from a year ago to 178.31 billion…
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