Nokia chair to step down, AI push supports Q4 profit
Jan 29 (Reuters) – Finland’s Nokia (NOKIA.HE), opens new tab said on Thursday that longtime chair Sari Baldauf…
China plans space‑based AI data centres, challenging Musk’s SpaceX ambitions
SpaceX’s planned IPO expected to develop space AI data centre buildout China’s plans for space tourism signal a…
First-class goods in second-tier cities as luxury goes local in China
Luxury spending in second-tier cities exceeding first-tier Middle-class looks to spend on luxury, save on living costs Gen…
Walmart boosts pharmacy pay, elevates 3,000 roles in healthcare push
Jan 28 (Reuters) – U.S. retailer Walmart (WMT.O), opens new tab on Wednesday said it has elevated 3,000…
BNY rejigs leadership to strengthen wealth management push
Jan 27 (Reuters) – BNY (BK.N), opens new tab has tasked insider Adam Vos to oversee the push…
Australia’s hotter Q4 core inflation fuels bets for rate hike next week
Core Q4 inflation rises to uncomfortable level, puts RBA on high alert Headline inflation also accelerates in December,…
US consumer confidence dives to a more than 11-1/2-year low
Consumer confidence sags to lowest level in more than 11-1/2 years Consumers’ perceptions of the labor market weakened…
America Inc’s productivity boom may be going global
ORLANDO, Florida, Jan 26 (Reuters) – The rumblings of a productivity boom are reverberating through the U.S. economy…
Chinese industrial profit rises in 2025, first time in four years
Industrial profit rises 0.6% on year, first increase since 2021 Government call to end price wars eased earnings…
Nvidia unveils AI models for faster, cheaper weather forecasts
SAN FRANCISCO, Jan 26 (Reuters) – Nvidia (NVDA.O), opens new tab on Monday released three open-source artificial intelligence…
Brazil corporate profit remittances hit record before new tax
Record $18 billion profit remittances in December, central bank data shows New 10% tax on profit remittances starts…
US business activity steady in January; consumer sentiment improves
Import tariffs cited by S&P Global as key driver of high prices S&P Global survey shows exports hit…