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US stock buybacks hit $234.5 billion last quarter, reaching new record

After a steep fall in 2020, stock buybacks are on the rise again this year, breaking new records and keeping shareholders happy. We take a closer look at what's behind the trend, how buybacks are increasingly common in Europe, and why policymakers are trying to rein them in.

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Google’s robotic waiters: Company showcases robot that takes commands

Google has showcased a new robotic assistant that can understand and respond to spoken or typed commands to fulfil an array of tasks such as fetching food and drinks and cleaning up spills. The robot makes use of technology similar to that which powers advanced chatbots, scouring millions of pages of text from the web to help it make sense of natural human language.

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Eurozone inflation hits record 8.9% despite better-than-expected growth

Inflation in the European countries using the euro currency shot up to another record in July, pushed by higher energy prices fueled by Russia's war in Ukraine, but the economy still managed better-than-expected, if meager, growth in the second quarter.

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European Central Bank hikes interest rates in race to tame runaway inflation

The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped growth considerations, even while the euro zone economy reels from the impact of Russia's war in Ukraine.

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