Alibaba Preps Big Revamp of Flagship AI App to Rival ChatGPT
(Bloomberg) — Alibaba Group Holding Ltd. (BABA, 9988.HK) is preparing an overhaul of its main mobile AI app…
Cisco Shares Surge After AI-Fueled Outlook Exceeds Estimates
Cisco Systems Inc. said revenue will be $15 billion to $15.2 billion in the quarter that runs through…
Infineon Sees 2026 Revenue Growth as AI Outlook Boosts Sales
(Bloomberg) — Infineon Technologies AG (IFX.DE, IFNNY) forecast revenue will return to growth in the 2026 fiscal year…
Inflation Flip Gives Emerging Markets Edge Over Rich Nations
Gains in some markets, including Hungary, Brazil and Egypt are topping 20%. (Bloomberg) — A rare turn in…
Bill Gates pledges $1.4 billion to help farmers adapt to extreme weather
Speaking ahead of next week’s COP30 climate summit in Brazil, Mark Suzman, head of the Gates Foundation, said…
Chinese Exports Unexpectedly Slump for First Time Since February
(Bloomberg) — China’s exports unexpectedly contracted in October as global demand failed to offset the deepening slump in…
Japan’s Households Boost Spending Despite Inflation Hit
A shopping street in Tokyo. Photographer: Toru Hanai/Bloomberg (Bloomberg) — Japan’s household spending rose for a fifth month,…
Japan’s Ruling Party Eyes $6.5 Billion a Year for Chips, AI
Yoshihiro Seki (Bloomberg) — Japan’s ruling party aims to secure roughly ¥1 trillion ($6.5 billion) per year to…
China Services Gauge Extends Growth Streak Even as Economy Slows
Pedestrians cross a road in the Bund in Shanghai. Photographer: Qilai Shen/Bloomberg (Bloomberg) — China’s services activity expanded…
China Seeks to Buy US Wheat for First Time in a Year After Truce
US wheat. Photographer: Nick Oxford/Bloomberg (Bloomberg) — Wheat futures in Chicago jumped as China seeks its first US…
Sí, oui, ja! You can learn a language late in life – The Irish Times
Almost every day, Michael Bloomberg spends an hour-and-a-half doing something that has nothing to do with his financial…
OPEC+ to Pause Output Hikes Next Year as Market Set for Glut
(Bloomberg) — OPEC+ will pause output increases during the first quarter — after making another modest hike next…