The Alphabet-owned, UK-founded research lab’s Demis Hassabis has stepped back from day-to-day operations, as other scientists depart. It looks like a blow to Britain's tech hub. But with local AI ...
Guotai Haitong plans to take its Hong Kong-listed arm private in a $3.6 bln deal. The 44% premium is decent as the recently-merged parent streamlines its offshore unit. A swift buyout will help ...
The falling currency helped boost profits last quarter. But most gains came from other sources, with firms like Sony and MUFG buoyed by governance gains and rising rates. Buybacks are surging and ...
Treasury Secretary Scott Bessent’s move to prop up Japan’s currency raised more questions than answers. This week’s ...
After costly ‘tokenmaxxing’ comes the era of chatbot budgets. The 12,000 delegates in Las Vegas for the Ai4 confab this week were aware that spending often far outruns returns. Yet amid robot dogs ...
Advocates of AI-friendly policy have $140 mln for this year's US elections, aiming to repeat the digital-currency political ...
The €20 bln Czech arms maker’s revenue jumped 17% in the first half on strong ammunition sales. Its shares are down some ...
In the James Bond movie, 007 has an invisible car. In real life, what's vanishing are assets of the spy’s favoured carmaker, ...
A physical delivery link between the mainland and offshore hub is the latest part of Beijing's big gold push. It can help shift price discovery to a yuan-settled system. London and New York still ...
The HBO owner is in a regulatory nightmare as states sue to block its $110 bln Paramount tie-up. A similar legal bind ...
New CEO Dave Lewis announced a $1 bln savings programme in a bid to restore growth at the $51 bln tequila-to-Guinness ...
After cost cuts and a corporate rejig, the £4 bln advertising group’s sales are shrinking less rapidly. But new CEO Cindy ...
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