24 Hrs
Source:
The Guardian
AI sell-off worsens amid chip slump
Unilever reported strong second-quarter sales driven by higher volumes and prices, with its shares rising 5%. The company warned that although performance has improved, its prices could increase later this year due to commodity-driven costs. Meanwhile, in the UK financial sector, Barclays announced a 17% profit rise, aided by strong trading and banking fees, prompting calls for increased bank taxes to fund energy aid amid ongoing economic uncertainty.
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