Alphabet hits $3 trillion valuation on AI optimism, antitrust victory

Google’s parent company joins Apple and Microsoft in the $3 trillion club as shares surge on investor confidence in artificial intelligence and a favorable court ruling.

Stocks hesitate in Asia with a lot riding on the Fed

Wall Street futures steady, Nikkei closed for holiday; euro little moved after Fitch downgrade of France; Fed, BoC expected to cut rates, BoE and BOJ likely unchanged

Oil holds gains as investors eye impact from attacks on Russian energy facilities

Ukraine attacks more Russian energy facilities over weekend; US-China officials in Madrid for trade talks; Fed September 16-17 policy meeting in focus

OpenAI to reduce revenue share with Microsoft, projections suggest

Company plans to retain $50 billion more in revenue by the end of the decade

Europe could quit Russian gas within a year, US energy chief claims 

US ramps up pressure on European Union to cut off energy revenue to Moscow; EU’s gas imports from Russia are projected to fall to from 45% 13% this year

In surprise twist, Giorgio Armani’s will sets stage for sale of fashion empire

Will instructs heirs to sell 15% stake within 18 months, then up to 54.9%; Priority buyers include LVMH, L'Oreal, EssilorLuxottica

US equity funds record biggest weekly outflow in five weeks

Investors divested $10.44 billion worth of US equity funds; Large-cap equity funds lost a net $18.22 billion 

India eases foreign investors’ entry, lowers minimum size of large IPOs

Relaxation comes at a time when foreign investors withdraw $11.7 billion from Indian shares and debt in 2025, amid rising US tariffs and market concerns

US calls on G7, EU to impose tariffs on China, India over Russian oil purchases

G7 finance ministers discuss possible tariffs on countries 'enabling' war in Ukraine

Oil prices steady amid concerns over oversupply and Middle East tensions

Supply disruptions in Ukraine and the Middle East counter weaker demand and oversupply risks

India’s Adani bans entry of sanctioned ships at its ports, sources say

Move could disrupt Russian oil supplies for two Indian refiners, as Moscow’s oil is primarily shipped by a shadow fleet following Western sanctions

Saudi Arabia shifts focus from oil to solar energy with ambitious renewable goals

Kingdom aims to generate 50% of its electricity from renewable sources by 2030, spearheading a solar revolution with major projects and investments

Dollar under pressure as US jobless claims rise, inflation edges up ahead of Fed rate cuts

US consumer inflation for August rises at fastest pace in seven months, but remains in line with expectations

Asian markets ride the Fed easing cycle to record peaks

Markets see 100% chance of a 0.25% Fed rate cut next week, with 90% probability of two more cuts this year

Oil prices extend losses on oversupply, US demand concerns

IEA expects oversupply to increase with OPEC output boost; Brent futures fall 30 cents, or 0.45%, to $66.07; US WTI crude drops 31 cents, or 0.5%, to $62.06 a barrelÂ