Microsoft to invest $3.2 billion in Swedish cloud, AI
Microsoft will invest 33.7 billion Swedish crowns ($3.21 billion) to expand its cloud and artificial intelligence infrastructure in Sweden over…
Google says tech infrastructure investment in Singapore reaches $5 billion
Alphabet’s Google said on Monday the completion of its data centre and cloud facilities expansion in Singapore meant it had…
Sinking Profits Bring Reality Check to AI-Driven Rally in Emerging Market Stocks
Just as enthusiasm over artificial intelligence and China’s stimulus fades, a familiar weakness has come back to haunt equity investors…
GameStop Shares Surge After Gill Post Shows $116 Million Bet
GameStop Corp. shares more than doubled after the Reddit account that drove the meme-stock mania of 2021 posted what appeared…
Ericsson says U.S. anti-corruption compliance monitoring has ended
Sweden’s Ericsson said on Monday that a four-year programme to monitor the company’s compliance with a U.S. anti-corruption agreement had…
Qatar Airways in talks for Airbus, Boeing order
Qatar Airways is in talks with plane makers Airbus and Boeing for a major wide-body order, its chief executive said…
Oil Swings After OPEC+ Signals Plan to Return Barrels to Market
Oil swung between gains and losses after OPEC+ set out a plan to restore some production as early as October,…
Google to invest $2 billion in data centre and cloud services in Malaysia
Google will invest $2 billion in Malaysia to develop its first data centre and Google Cloud region in the country,…
Exclusive-Tesla makes push to roll out advanced FSD self-driving in China
Tesla is preparing to register its ‘Full Self-Driving’ software with authorities in China in the run up to its planned…
Bitcoin Struggles Below $70,000 Ahead of Key Economic Data Release
Bitcoin (BTC) is facing strong resistance near the $70,000 mark since briefly surpassing it on May 28, and has traded…