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Ticket reseller StubHub, which delayed its US listing in April amid market volatility, has drawn over 20 times as many orders for its planned initial public offering (IPO) as there are…
PARAMOUNT Skydance is preparing a bid to buy Warner Bros Discovery, a source familiar with the matter told Reuters on Thursday, potentially marrying two of the biggest Hollywood studios…
Latam-GPT is new large language model being developed in and for Latin America. The project, led by the nonprofit Chilean National Center for Artificial Intelligence (CENIA), aims to help…
Open banking has gained traction in Europe, where regulators required banks to share data with licensed third parties, but the US lacks such rules, leaving adoption to private agreements …
Katy Perry and Justin Trudeau have an instant connection, according to a Canadian source. The source said the American singer and the former Canadian Prime Minister are now exploring their…
South Korea’s LG Energy Solution (LGES) has signed a US$4.3 billion deal to supply Tesla with energy storage system batteries, said a source familiar with the matter, as the US company…
PRIVATE equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok’s US operations, a source familiar with the matter told Reuters on Friday. The latest change…
Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a source familiar with the matter told Reuters on Thursday (Jul 16), causing broader…
[Bengaluru] Kraft Heinz is studying a potential spinoff of a large chunk of its grocery business, including many Kraft products, into a new entity that could be valued at as much as US$20…
OpenAI recently began renting Google’s artificial intelligence (AI) chips to power ChatGPT and its other products, a source close to the matter told Reuters on Friday (Jun 27).…
A wave of antisemitic attacks nationwide brought bipartisan agreement on Capitol Hill about the growing nature of the problem, but lawmakers put forward different diagnoses on the causes…
Acquiring new customers has become increasingly challenging and expensive. Customer acquisition costs have risen substantially in the last five years, and they’re still climbing. Attention…
The Justice Department has opened a criminal investigation into former New York Gov. Andrew Cuomo after congressional Republicans recommended that he be charged with lying over his…
Apple aims to make most of its iPhones sold in the United States at factories in India by the end of 2026, and is speeding up those plans to navigate potentially higher tariffs in China,…
Over the past few months, our fashion editors have been spotlighting the must-have spring buys—everything from It jackets to the most coveted sandals. However, as the season progresses, we…
Several of Frasers Property’s senior management team will be leaving the company, including group chief operating officer (COO) Anthony Boyd and group chief digital officer Samuel Tan.…
HSBC has laid off around 40 investment bankers in Hong Kong, according to a source with direct knowledge of the matter, as part of a global restructuring exercise at the Asia-focused…
Additional lower-ranking job cuts are also expected in the first quarter, with bank management keen to offset headwinds to earnings from lower interest rates, China’s economic chills and…
Russian leader Vladimir Putin has acknowledged that his country's natural gas transit deal with Ukraine will not be renewed.Sergei Guneyev/Pool/AFP via Getty Images Russia's natural gas…
Bank of America (BOA) has promoted 387 employees to managing director roles in 2024, 16 per cent more than last year, a source familiar with the matter said on Wednesday (Dec 11). More…
Foreboding environmental milestones abounded again this year in the Arctic, where experts say dramatic climate shifts are fundamentally altering the ecosystem and how it operates. One…
The cuts represent nearly a sixth of the company’s workforce of around 3,200 people British wealth manager St James’s Place is planning to make around 500 layoffs in the coming months, a…
Saudi Arabia's de facto ruler, Crown Prince Mohammed bin Salman, will not attend the upcoming G20 summit in Brazil, a well-informed Saudi source told dpa, though no explanation was…
THE US ordered Taiwan Semiconductor Manufacturing Co (TSMC) to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting…
