UK and OpenAI Sign Deal to Boost Public Sector AI
Partnership Aims to Improve Efficiency Across Government OpenAI has entered into a formal agreement with the UK government to explore ways artificial intelligence can enhance [more…]
India to Host Over 2,100 GCCs by FY2028
Rapid Expansion Driven by Tier-1 and Tier-2 Cities India is on track to exceed 2,100 Global Capability Centers (GCCs) by the financial year 2028, according [more…]
ECB Holds Steady Amid Euro Retreat and Trade Tensions
Tariff uncertainty gives ECB cover to delay policy changes The European Central Bank is expected to keep interest rates unchanged this week, using continued ambiguity [more…]
China Cuts U.S. Debt Holdings to Safeguard Stability
Shift driven by rising fiscal concerns and geopolitical risks China is accelerating efforts to reduce its holdings of U.S. Treasury debt in a strategic move [more…]
Australia’s Job Market Shows First Signs of Weakness
Unemployment Hits 4.3% as Employment Growth Stalls Australia’s labor market posted a significant shift in June, as unemployment rose to 4.3% — the highest level [more…]
Union Pacific and Norfolk Southern Explore Merger
Deal Would Create Largest North American Railroad Union Pacific and Norfolk Southern are in active merger discussions to form a coast-to-coast freight rail giant. If [more…]
GE Aerospace Lifts Outlook Amid Engine Delivery Surge
Supply Chain Gains Drive Higher Profits and Optimism GE Aerospace raised its full-year profit forecast on Thursday after CEO Larry Culp reported progress in resolving [more…]
Top Court Clears Samsung Chief Jay Y. Lee of Charges
Supreme Court Ends Legal Saga Tied to 2015 Merger South Korea’s Supreme Court has cleared Samsung Electronics Chairman Jay Y. Lee of all charges related [more…]
Volatile Markets Fuel Trading Surge at Big U.S. Banks
Wall Street Traders Cash In on Record Market Swings The second quarter of 2025 brought exceptional profits for equities trading desks at the nation’s largest [more…]
Meta’s AI Strategy Mix Raises Doubts About Payoff
Zuckerberg Bets Big on Merging Buy and Build Paths Meta Platforms is pursuing an ambitious strategy to gain dominance in artificial intelligence by blending internal [more…]
