BoE Loosens Capital Rules
The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c...
Read MoreOpenAI Faces Renewed Competitive Pressure
OpenAI is entering a more demanding phase of the consumer AI race after Sam Altman issued a call for staff to concentrat... Read more
META Prepares Sharp Cut To Metaverse Spending
Meta is preparing to scale back its metaverse ambitions as Mark Zuckerberg accelerates a strategic shift towards artific... Read more
BlackRock Looks To Human Fund Managers
BlackRock is overhauling its flagship quantitative hedge fund as it prepares to challenge some of the industry’s most ... Read more
Nvidia Chip Demand Defies Talk Of A Slowdown
Nvidia has delivered another set of powerful quarterly results that eased investor nerves and strengthened confidence in... Read more
META Wins Antitrust Case
Meta has secured a decisive victory in one of the most significant US antitrust cases in years, after a federal judge re... Read more
Amazons AI Boom UPs Profits, But 14,000 Are Axed
Amazon has reported its strongest cloud growth in nearly three years, powered by surging demand for artificial intellige... Read more
Trump Pardons Binance Founder
ChatGPT said:Donald Trump has granted a presidential pardon to Changpeng Zhao, the billionaire founder of Binance, closi... Read more
Powell: AI Investment Is No Bubble
Federal Reserve Chair Jerome Powell has drawn a clear line between the current boom in artificial intelligence and the e... Read more
Big Four Firms Race To Deliver AI
The world’s largest accounting firms are developing a new type of audit for artificial intelligence. Deloitte, EY and ... Read more
Apple Races Ahead With $700 Million Formula 1 Deal
Apple has signed a landmark $700 million agreement to broadcast Formula 1 races in the United States, marking its bigges... Read more
Downside Protection: The Price Of Staying Safe
Global equity markets are back at record levels. The S&P 500, Nasdaq and Europe’s Stoxx 600 all sit near all-time ... Read more
Revoluts Nik Storonsky Moves His Residency To UAE
Nik Storonsky, the billionaire co-founder and chief executive of Revolut, has formally shifted his country of residence ... Read more
Banks Warn Of Market Bubble
Wall Street’s largest banks have posted their strongest results in years, lifted by a resurgence in dealmaking and a r... Read more
BlackRocks Assets Hit Record $13.5 Trillion
BlackRock’s assets under management rose to a record $13.5 trillion in the third quarter, underscoring its d... Read more