HSBC has taken a drastic approach to cost-cutting under its new chief executive, Georges Elhedery, by terminating investment bankers on the day they were scheduled to receive their bonus figures—without awarding them
OpenAI Chief Executive Officer Sam Altman has ordered an urgent company-wide shift to accelerate improvements to ChatGPT, putting a temporary halt on several other high-profile initiatives as competition in the artificial intelligence
MoreIn a bright glass-walled laboratory in Copenhagen, Zoran Gojkovic lifts a glowing red liquid to the light with the reverence of a sommelier handling a rare Burgundy. The drink, called Rubedo, radiates
MoreTesla shareholders are set to decide on Thursday whether to approve a proposed pay package for Chief Executive Elon Musk that could reach an unprecedented $878 billion, a sum that would make
MoreThe largest technology companies are doubling down on an AI-powered future, investing heavily in massive data center complexes filled with high-performance servers. Alphabet Inc., Meta Platforms Inc., and Microsoft Corp. collectively spent
MoreNvidia (NVDA.O) is poised to make history on Wednesday as the first company to reach a $5 trillion market valuation, extending a remarkable rally that has cemented its central role in the
MoreDanantara, Indonesia’s newly established sovereign wealth fund, is considering plans to form a national asset management company by consolidating units from some of the country’s largest state-owned banks, according to Bloomberg, citing
MoreThe Trump administration’s July 2025 decision to have the Office of the U.S. Trade Representative (USTR) investigate Brazil’s “attacks on American social media companies as well as other unfair trading practices,” followed
MoreCoca-Cola Hellenic Bottling Company (CCH), one of the largest bottlers in the Coca-Cola system, has reached a $3.4bn deal to acquire a 75% stake in Coca-Cola Beverages Africa (CCBA), marking a significant
MoreIn research labs, scientists are venturing into uncharted territory, pioneering experiments that promise not merely to slow aging but to reverse it. In the marketplace, consumers are racing to buy every new
MoreAlphabet Inc.’s Google is planning to invest more than $10 billion in southern India to build a massive 1-gigawatt data center, one of its largest global infrastructure commitments and a major step
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