Lifestyle
Five ways to navigate the AI revolution and market pullbacks
FEW trends have captured the imagination of investors as quickly and fully as artificial intelligence (AI).
Huawei lab barred by US regulators as part of crackdown on China
REGULATORS moved to bar a Huawei Technologies lab from approving telecommunications gear for use in the US and proposed similar moves against other providers deemed a national security threat,...
US holds quarterly debt sale steady, starts buybacks this month
THE US Treasury left its quarterly issuance of longer-term debt unchanged on Wednesday (May 1), as widely expected, while announcing that its first program to buy back existing securities...
Apple set for big sales decline as investors await AI in iPhones
APPLE’S plan to add generative artificial intelligence (AI) to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday (May 2), when...
Microsoft, Brookfield to partner on renewable energy projects
CANADA’S Brookfield Asset Management and technology giant Microsoft will develop new wind and solar farms in an attempt to bring over 10.5 gigawatts (GW) of new renewable energy capacity,...
Actively managed funds ‘bleed’ client cash in ESG upheaval
A LONG-HELD truism of ESG (environmental, social and governance) is being challenged, namely the idea that the strategy is best-suited to active fund management.For 11 of the past 12...
China’s electric cars keep improving, a worry for rivals elsewhere
CARMAKERS in China are building a new generation of bigger, more technologically advanced and competitive electric cars, threatening to leap further ahead of their global rivals as they step...
GSK profit drops in first quarter on higher costs
BRITISH drugmaker GlaxoSmithKline (GSK) on Wednesday (May 1) said its net profit fell 23 per cent in the first quarter as the company faced higher exceptional costs compared with...
