The $78 bln IT services giant upped hiring at the fastest pace in three years in the June quarter and says rising AI token ...
Policymakers and investors fear artificial intelligence will induce a jobs apocalypse. Fortunately, neither theory nor ...
The bank’s 2023 failure zeroed $17 bln of AT1s but didn’t touch another type of bond designed to take losses. A new study finds that credit investors noticed. Bank funding costs fell and market ...
LONDON, July 9 (Reuters Breakingviews) - New attacks in the chokepoint and a nixed US-Iran ceasefire have hiked crude prices again. With workarounds sharply reducing oil’s 20 mln barrel-a-day ...
A year after carving the $401 bln portfolio into Singapore, international and partnership buckets, CEO Dilhan Pillay is revealing each unit's returns. Such openness is rare for sovereign investors, ...
With regulatory relief and $200 bln of excess capital, US banks are looking for deals. Fiserv’s debit-card payment rails have drawn a look and could unlock lucrative fees. Doing so could end ...
HONG KONG, July 9 (Reuters Breakingviews) - Prime Minister Sanae Takaichi's investment roadmap is threatened by a projected 10 mln worker shortfall by 2040. Yet she keeps cracking down on migration ...
A court allowed the French far-right leader to compete in the 2027 presidential election, while sentencing her to detention ...
NEW YORK, July 6 (Reuters Breakingviews) - Retail backers fleeing from a $300 bln complex of illiquid loan vehicles are hitting limits on withdrawals. Vulture funds offering to buy them out at a ...
NEW YORK, July 6 (Reuters Breakingviews) - In less than two years, the US conglomerate has unveiled a spinoff, endured an Elliott siege and split itself. Now one of the companies is paying $15 bln to ...
Banks behind the rockets-to-AI venture’s $2 trln IPO are now ballparking market caps as much as 400% higher in fawning new reports. Oddly, the wilder the target, the lower the revenue estimates.
Everything’s a bet now, with predictions, stocks and lotteries providing addictive dopamine hits. The $170 bln of US ...
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