Tag: innovation

Andrea Orcel of UniCredit buys a 4.1% stake in Assicurazioni Generali, adding leverage to his plan to reshape Italian banking.

Published on: February 03, 2025, 09:01 AM UTC

Fears of a global trade war rise as business leaders urge President Trump to rethink tariffs on Canada, Mexico, and China. Concerns over job losses, higher prices, and supply chain disruptions are being voiced by industry leaders and organizations. The aluminum industry seeks exemptions for Canada, while the steelworkers union calls for a reconsideration of tariffs on the country. The retail industry expresses support for strengthening trade ties but warns of the risks associated with the tariffs. The automotive industry argues that vehicles meeting NAFTA requirements should not face increased tariffs. The Canadian Chamber of Commerce condemns the tariffs as self-defeating, highlighting the deep integration of supply chains. The petroleum industry emphasizes the importance of Canadian crude oil and seeks exclusions to protect energy affordability for consumers.

Published on: February 03, 2025, 08:03 AM UTC

Trump administration sues to block Hewlett Packard's acquisition of Juniper Networks, signaling aggressive antitrust enforcement against big mergers, especially in tech.

Published on: February 03, 2025, 08:02 AM UTC

US stock futures plunge on Monday as Trump's tariffs on China, Mexico, and Canada send markets spiraling. Nasdaq 100 futures dive 2.3%, S&P 500 futures lose 1.9%, and Dow Jones futures stumble 1.5%.

Published on: February 03, 2025, 08:01 AM UTC

AI partnership between SoftBank Group and OpenAI establishes SB OpenAI Japan, offering AI services like Cristal for businesses and deep research capabilities from ChatGPT.

Published on: February 03, 2025, 08:01 AM UTC

SoftBank Group teams with OpenAI to create a joint venture that will develop and sell AI services to businesses across Japan, marking one of the most extensive efforts to distribute the fast-growing startup's tools to enterprise customers outside of the US.

Published on: February 03, 2025, 07:00 AM UTC

Taiwan to assist companies relocating to the US, including finding partners, after US tariffs.

Published on: February 03, 2025, 06:02 AM UTC

The Trump administration is encouraging more favorable regulation of digital assets leading to a shift in the financial industry. As a result, expect more banking giants to deal with digital assets, leading to wider acceptance in mainstream financial channels.

Published on: February 03, 2025, 06:01 AM UTC

Asian stocks reliant on exports, including automakers and e-commerce firms, plunged after US tariffs took effect, signaling a new round of global trade war.

Published on: February 03, 2025, 06:01 AM UTC

SoftBank Group CEO Masayoshi Son has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to offer artificial intelligence services to corporates

Published on: February 03, 2025, 06:00 AM UTC