Day: September 20, 2025

Top European finance chiefs warn of ‘casino’ behavior in private credit
World

Top European finance chiefs warn of ‘casino’ behavior in private credit

Heads of European financial institutions are warning of risks in the rapidly growing, multi-trillion-dollar private credit market, with one executive saying parts of it resemble a “casino.” Oliver Bate, chief executive of Allianz , one of the world’s largest insurers, told CNBC that “uncontrolled” growth in the private credit space — which faces much less […]

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From shopping carts to superchips: Alibaba rediscovers edge with bold billion-dollar AI pivot
World

From shopping carts to superchips: Alibaba rediscovers edge with bold billion-dollar AI pivot

BEIJING — After helping shape the early years of Chinese e-commerce, followed by years of management missteps , Alibaba is betting big on artificial intelligence as it takes on a new era. This month, Alibaba led a roughly $100 million investment round in humanoid startup X Square Robot , and put $60 million into the […]

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Working smarter, not harder: AI could help fight burnout — but is it?
World

Working smarter, not harder: AI could help fight burnout — but is it?

Burnout shows up as feeling constantly exhausted, emotionally checked out from work, and struggling to get things done effectively. Delmaine Donson | E+ | Getty Images Burnout is a growing concern across industries, but artificial intelligence is quietly changing the game. Recognized by the World Health Organization as an “occupational phenomenon,” burnout is more than […]

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