The $852 bln AI firm's agent bypassed safeguards and compromised a peer to finish a task. The scare will fuel calls for tougher cyber defenses and regulation. Rapid advances and volatile financial ...
The €123 bln bank run by Andrea Orcel scrapped a buyback after taking a chunk of Commerzbank and hinted it may mount a board coup. Yet the benefits of that stake are bigger and coming sooner.
Brent crude rose to $98 a barrel on fears of Houthi tanker attacks. Prices had stayed contained thanks to weaker demand, pipelines swerving the Strait of Hormuz and shrinking global stocks. Red Sea ...
Airbus and Boeing touted fresh orders at the biennial Farnborough Airshow, and are upping deliveries of new jets. Increased supply is usually bad news for firms that repair old planes, like ...
Shemara Wikramanayake is retiring from the job after eight years with the $70 bln bank's stock near a record high. She provided a steady hand. But regulatory snafus linger and the firm recently ...
The Google parent’s cloud business is booming in the chatbot era, as $25 bln in quarterly sales and a 36% operating margin trounce forecasts. Yet cooling search growth shows that its crown jewel ...
The $268 bln KitKat maker's India arm posted a 48% profit jump in the first quarter, fuelled by instant noodles and Nescafe. Its market share is expanding in rural India too. But CEO Manish ...
The $140 bln landlord made a best and final $19 bln offer for Segro, which has argued that its pipeline warrants more. Yet Prologis has exceeded what a disciplined buyer can justify, while topping ...
AI firm Databricks noted a $188 bln valuation, making it the fourth-largest private tech startup. As it out-grows app-makers like Adobe or Salesforce, it’s also encroaching on their most prized ...
Renewed conflict in Iran has left most investors unruffled – but only if they had spread their money across indexes. Single stock volatility has surged, widening the gap with S&P 500 volatility ...
A consortium led by Amit Bhatia, backed by the Mittal family, may take a stake in Liverpool at a $6 bln to $7 bln price tag. That's closer to American trophy franchise multiples, but still way off.
Sanae Takaichi wants to double GDP by 2040 by investing $2 trln across 17 sectors. But the prime minister's China-style policy roadmap lacks detail, leaving bond traders to fret about even bigger ...
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