SoftBank Corp plans to develop generative AI – Nikkei
Japanese technology conglomerate SoftBank Group Corp (TYO:9984) plans to independently develop its own generative artificial intelligence amid a broader industry…
BMW to produce electric X3 model at South Africa plant
(Reuters) – Germany’s BMW (ETR:BMWG) will build its X3 model in South Africa from 2024, investing 4.2 billion rand ($225.09…
Binance’s European banking partner Paysafe to withdraw support
(Reuters) – Binance’s European banking partner Paysafe Payment Solutions said on Thursday it will cease offering its embedded wallet solution…
Asian shares fall, yen and yuan near 8-month lows on rate risks
(Reuters) – Asian shares fell on Thursday after global central banks reaffirmed their resolve to beat inflation, warning rates may…
Six questions facing U.S. stock investors as 2023’s second half nears
(Reuters) – The U.S. stock market has powered higher in the first half of this year despite numerous obstacles, from…
U.S. stocks are falling, led by chips and tech as Powell takes stage
U.S. stocks are under pressure after a report that said the U.S. could restrict sales of artificial intelligence chips to…
Volkswagen shares recover after EV production cut reports
(Reuters) – Shares in Volkswagen (ETR:VOWG_p) inched higher on Wednesday, recovering slightly from a selloff the day before when the…
Morgan Stanley sees risks to Veeva Systems core CRM business
Veeva Systems (NYSE:VEEV) was cut to Underweight from Equal Weight at Morgan Stanley on Wednesday, with the firm maintaining a…
Thomson Reuters to buy digital content management company Imagen
(Reuters) – Thomson Reuters (NYSE:TRI) will buy Imagen, a digital content asset management company, for an undisclosed price, to expand…
China’s EV maker Zeekr opens orders for two luxury cars in Sweden, Netherlands
(Reuters) – Zeekr, Geely Automobile’s electric brand, said on Wednesday that two of its all-electric luxury cars are available for…