Posts by Kim Browne
ECB President Christine Lagarde expected to leave bank before term expires next year: report
The FT report comes only a week after Bank of France governor Francois Villeroy de Galhau said that he would step down in June this year Published Wed, Feb 18, 2026 · 02:39 PM [BENGALURU] European Central Bank (ECB) President Christine Lagarde is expected to leave before the end of her eight-year term that expires…
Read MoreNvidia sells off stake in Arm, a company it once tried to buy
The world’s most valuable company has become a major investor across the technology industry Published Wed, Feb 18, 2026 · 12:59 PM [SAN FRANCISCO] Nvidia sold off the last of its stake in Arm Holdings, a chip technology company that it tried and failed to acquire five years ago. Nvidia unloaded 1.1 million shares, worth…
Read MoreAI Film Studio Launched by India’s Abundantia Entertainment, InVideo (EXCLUSIVE)
India’s Abundantia Entertainment and AI video technology company InVideo have unveiled a strategic partnership to launch an AI-driven film production studio, backed by an investment of INR100 crores ($11 million) — what the companies are calling the largest structured commitment to AI-driven filmmaking in India to date. The deal was revealed at the India AI…
Read MoreSantos to cut 10% jobs as growth projects near end, annual profit misses estimates
Published Wed, Feb 18, 2026 · 11:33 AM [BENGALURU] Australian oil and gas producer Santos reported a steeper-than-expected drop in annual profit on Wednesday (Feb 18), hurt by weak commodity prices, and said that it would reduce its headcount by about 10 per cent as major growth projects near completion. Shares of Australia’s second-largest gas…
Read MoreWhat Today’s Democrats Can Learn From Jesse Jackson
You can watch this episode of Right Now With Perry Bacon above or by following this show on YouTube or Substack. Jesse Jackson died this week at age 84. In addition to his decades of work as a civil rights activist, Jackson ran for the Democratic presidential nomination in 1984 and 1988, finishing as the…
Read MoreYouTube Goes Down: Platform Experiences Technical Issue with Recommendation System
YouTube went down on Tuesday night, with more than 300,000 users experiencing technical difficulties, according to DownDetector. Problems for the digital video platform began around 5 p.m. PT, and some users saw services partially restored as early as about 6:00 p.m. PT. “If you’re having trouble accessing YouTube right now, you’re not alone — our…
Read MoreBuffett cuts Amazon stake, makes bet on New York Times
Published Wed, Feb 18, 2026 · 10:13 AM [NEW YORK] Warren Buffett’s Berkshire Hathaway slashed its stake in Amazon.com by more than 75 per cent in the fourth quarter, while also building a stake in the New York Times, his last new bet as chief executive officer of the conglomerate. Omaha, Nebraska-based Berkshire acquired 5.1…
Read MoreGold rises on dip-buying after more than 2% drop
A stronger US dollar makes greenback-priced bullion more expensive for other currency holders Published Wed, Feb 18, 2026 · 09:57 AM [BENGALURU] Gold edged up on Wednesday (Feb 18) on dip-buying, after losing more than 2 per cent in the last session on progress in US-Iran talks, while thin trade on account of the Chinese…
Read MoreJane Baer, Animator on ‘Sleeping Beauty’ and ‘Who Framed Roger Rabbit’ Who Founded Baer Animation, Dies at 91
Jane Shattuck-Takamoto-Baer, whose long career in animation included working on films including “Sleeping Beauty” and “Who Framed Roger Rabbit,” died Monday at her home in Van Nuys, Calif.. She was 91. The longtime animator, producer and industry pioneer first got her start in 1955 as an assistant animator on Walt Disney’s “Sleeping Beauty,” where she…
Read MoreIMF urges Japan to keep raising rates, avoid reducing sales tax
With inflation exceeding its 2% target for nearly four years, the BOJ has signalled its readiness to keep hiking rates Published Wed, Feb 18, 2026 · 09:26 AM [TOKYO] The International Monetary Fund (IMF) urged Japan to keep raising interest rates and avoid loosening fiscal policy further, warning that trimming the consumption tax would erode…
Read MoreNvidia to sell Meta millions of chips in multiyear deal
It also includes standalone installations of its Grace and Vera central processors Published Wed, Feb 18, 2026 · 07:37 AM [SAN FRANCISCO] Nvidia on Tuesday (Feb 17) said that it has signed a multiyear deal to sell Meta Platforms millions of its current and future artificial intelligence (AI) chips, including central processing units that compete…
Read MoreEquities close with slight gains as tech shares recover
Traders are pricing in a chance of roughly 63% for a rate cut of at least 25 basis points at the Fed’s June meeting, the first with odds above 50% Published Wed, Feb 18, 2026 · 06:39 AM [BENGALURU] US stocks managed to eke out slight gains on Tuesday (Feb 17) after struggling in the…
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