The US Justice Department filed a brief supporting OpenAI and Microsoft in the New York Times copyright lawsuit, arguing that training AI on copyrighted text constitutes fair use.
Author Archives: newanalytica
Shein Raises $1.74 Billion in Hong Kong Debut but Shares Fall 9%
Fast-fashion platform Shein listed on the Hong Kong Stock Exchange on September 1, raising HK$13.6 billion at HK$48.56 per share before its stock closed 9% below the offer price.
Bank of England MPC Split 6-3 as Hawks Eye 4% Rate Ahead of September 17 Vote
The Bank of England faces a genuinely uncertain September 17 rate decision as three MPC members already voted for a rise to 4% in July and UK inflation has started climbing again.
Russia Resumes Kyiv Strikes After Witkoff-Kushner Peace Mission Ends Without Deal
Russia ended a 72-hour pause in Kyiv strikes on September 8 after US envoys Steve Witkoff and Jared Kushner completed visits to Moscow and Kyiv without securing a breakthrough.
Tanzania’s First Gentleman Hafidh Ameir Hassan Dies in Zanzibar
Hafidh Ameir Hassan, husband of Tanzania’s President Samia Suluhu Hassan, died on Monday at a hospital in Zanzibar after treatment for a heart condition.
Nvidia Confirms $12.9 Billion Deal to Acquire AI Platform Hugging Face
Nvidia confirmed a $12.93 billion deal to acquire Hugging Face on September 3, the open-source AI hub used by 18 million developers globally.
Gold Retreats to $4,405 as August Payrolls Cement Federal Reserve Hike Bets
Spot gold fell 0.5 percent to $4,405 on September 7 as August payrolls nearly tripled expectations, pushing September Fed hike probability to 58 percent.
ECB Poised to Raise Rates to 2.5% on Wednesday as Eurozone Inflation Hits 3.3%
The ECB meets Wednesday with markets pricing near-certain odds of a hike to 2.5 percent after eurozone inflation rose to 3.3 percent in August.
Iran Says Hormuz Shipping Deal With Oman Is Days Away
Iran says a Hormuz corridor deal with Oman is days away—the first structured sea lane since US strikes effectively closed the strait in late February 2026.
Philippine Senate Hears Testimony That OVP Funds Went to a Dead Infant
A Philippine statistics official told the Senate that OVP funds went to a child who died in 1965, among others absent from national records.