Tag: programming

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UniCredit's Approach to Commerzbank Draws Hostile Criticism

Commerzbank calls UniCredit's approach "hostile" as tensions escalate over potential takeover bid.

Salesforce and Microsoft's AI Battle Heats Up as Benioff Fires Shots at Copilot

Salesforce CEO Marc Benioff criticizes Microsoft's AI rival Copilot, calling it a "repackaged" ChatGPT. Despite skepticism from some analysts, Salesforce's AI bots have gained traction, with 200 Agentforce deals closed in the third quarter and strong consumption.

Stocks Retreat as Investors Await Trump's Davos Address

European and US stock markets paused after Wednesday's gains, as investors await Trump's Davos speech, earnings reports, and US jobless claims data.

China Boosts Equity Buying by Funds, Insurers to Shore Up Stocks

China is guiding local mutual funds and insurers to boost stock purchases to stabilize its ailing equity market amidst US tariff threats.

Puma Shares Plunge 11% on Profit Disappointment, Cost Cuts

Puma shares fall 11% after it reports profit decline and announces cost-cutting measures.

Commerzbank Calls UniCredit Approach 'Hostile' as Tensions Boil

Commerzbank calls UniCredit's approach "hostile" as tensions rise over potential takeover bid.

Hyundai, GM aim to sign deals for joint parts purchasing, other ventures

Hyundai aims to sign binding deals with General Motors for joint vehicle parts purchasing and cooperation in commercial and passenger vehicle businesses.

Indian tribunal stays Meta, WhatsApp data sharing ban

An Indian appeals tribunal paused a five-year data sharing ban between WhatsApp and Meta for advertising imposed by the antitrust authority.

Vingroup's Electric Vehicle Ambitions Under Scrutiny Amid Financial Pressures

Vietnamese conglomerate Vingroup faces intense scrutiny over its financial support for loss-making electric vehicle maker VinFast, with shares near multi-year lows and foreign investors selling. Moody's and Fitch have downgraded Vingroup's real estate unit Vinhomes' debt, citing concerns about its links to VinFast.

Asian Shares Mixed as China Unveils Market-Boosting Measures

Asian stocks mixed as China boosts markets; Netflix, Oracle lift Wall Street on AI excitement