Month: March 2025
European markets higher despite global trade uncertainty
Deutsche Bank names autos as ‘growing risk’ for its portfolio Deutsche Bank flagged autos as a “growing risk” for its portfolio that is being “monitored closely given the challenging economic environment in Europe, Electric Vehicles (EV) transition and competition in China,” Germany’s largest lender said in its annual report out Thursday. Europe’s auto sector now […]
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Trump could be a catalyst for a global pro-crypto shift, Binance CEO says
The CEO of crypto exchange Binance said he expects U.S. President Trump’s “pro-crypto” legislation in the U.S. to spur regulators in other parts of the world to follow suit. “We have moved from a period where there’s big regulatory uncertainty and in many sense, some regulatory hostility towards the industry, to one where the largest […]
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Less Canadians travelling to the U.S. amid trade tariff tensions, says WestJet’s Cruz
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Alex Cruz, vice chair of WestJet and former CEO of British Airways, discusses lowered U.S. airline forecasts, and explains how macroeconomic pressures are impacting the travel sector. Source
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Alibaba launches new version of AI assistant tool as competition heats up
The Alibaba logo is displayed on the screen of an iPad. Sopa Images | Lightrocket | Getty Images Alibaba Group on Thursday launched a new version of its artificial intelligence assistant app that will be powered by its own flagship Qwen AI reasoning model, amid a heating global race to produce next-generation tech. The launch […]
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ChatGPT-owner Open AI says it’s seeing ‘tremendous demand’ across all segments
The OpenAI logo on a laptop computer arranged in the Brooklyn borough of New York, US, on Thursday, Jan. 12, 2023. Gabby Jones | Bloomberg | Getty Images OpenAI’s head of international strategy has said the artificial intelligence giant is seeing “tremendous demand in the market across all segments.” “It’s a rollercoaster. We’re just trying […]
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Canada’s Couche-Tard tries to sell Japanese public on its $47 billion bid for 7-Eleven
Alimentation Couche-Tard took its case for its $47 billion takeover of Seven & i straight to the Japanese public on Thursday, marking a change in strategy by the low-key Canadian firm in response to what it described as months of stonewalling by the 7-Eleven owner. Eric Thomas | Afp | Getty Images Alimentation Couche-Tard took its case for its $47 billion takeover of […]
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‘Volatility and conflict’: Business leaders sound warnings over Trump’s tariffs
LONDON — President Donald Trump’s trade tariffs are a major concern among U.S. and international business leaders, with industry titans warning of trouble ahead. Speaking at CNBC’s CONVERGE LIVE in Singapore, Bridgewater founder Ray Dalio warned of “fighting” between countries over the duties. “Tariffs are going to cause fighting between countries … I’m not necessarily […]
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From DeepSeek to job risks: What tech leaders are saying on AI right now
Alibaba’s Chairman Joe Tsai speaking at CNBC’s CONVERGE LIVE event in Singapore on Wednesday. CNBC The future of artificial intelligence is a major topic of conversation among global tech and business leaders at CNBC’s CONVERGE LIVE in Singapore. Numerous executives talked up the potential of AI and discussed how it’s expected to impact the future […]
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Trump’s approach to Ukraine could be ‘very worrying’ for Russia’s neighbors, former UK PM Cameron says
British Foreign Secretary David Cameron speaks during a joint press conference with Albanian Prime Minister after a meeting in Tirana, on May 22, 2024. Adnan Beci | Afp | Getty Images Former U.K. Prime Minister David Cameron on Thursday said he is fearful that U.S. President Donald Trump’s approach to securing peace in Ukraine could […]
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Operation Hope CEO issues a warning on AI: ‘If you don’t bring people with you, they’ll fight you, or worse’
John Hope Bryant, CEO of nonprofit Operation HOPE, speaks during a panel at CNBC’s CONVERGE LIVE on March 12, 2025. John Hope Bryant, CEO of Operation Hope, warned on Wednesday that the risk of jobs being eliminated by artificial intelligence will disproportionately impact those “at the bottom of the pyramid.” He urged governments to invest […]
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