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Thursday, 13 August 2026

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Why Japanese firms are being so slow to use AI

Facing acute labour shortages, ageing demographics and chronic productivity problems, Japanese companies should be fertile ground for the take-up of artificial intelligence (AI). Yet, compared with the US and UK, adopti…

U.S. budget deficit widens to $1.8 trillion through July

It’s been just over one year since Liberation Day—when the US administration announced sweeping tariffs on all trade partners to reduce imbalances—but trade deficit hasn’t narrowed while trade has been diverted.

Local Bounti stock falls 5% on second quarter revenue miss

Media, broadcasting, and digital services company E.W. Scripps SSP missed Wall Street’s revenue expectations in Q2 CY2026, with sales falling 9.2% year on year to $490.4 million. Its GAAP loss of $12.68 per share was si…