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German Retail Sales Decline 3.4% in July Amid End of Fuel Discount

Berlin: German retail sales fell sharply in July, driven partly by a steep decline at petrol stations following the expiration of a fuel discount, official data showed Tuesday. Retail sales decreased 3.4% from June, according to provisional figures fr…

Gold Prices Drop 2% as Rising US Treasury Yields Impact Demand

New york: Gold prices experienced a significant decline of approximately 2% on Tuesday, driven by the surge in US Treasury yields, which has increased the opportunity cost of holding non-yielding assets. The precious metal’s spot price fell to around …

Anthropic Signs $35B Cloud Deal with Nvidia-Backed Provider

Nueces county: US artificial intelligence company Anthropic has signed a $35 billion cloud-computing agreement with Lambda, a cloud provider backed by chipmaker Nvidia, as it expands its computing capacity for AI development, the Wall Street Journal r…