How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
The AI race heats up: Which model will dominate?
Advances in AI arrive faster than users can track them. The release of Google’s Gemini 3, the billion-dollar partnerships around…
Target stock in red as sales decline due to customers cutting back on spending
Target is grappling with another quarter of falling sales as US shoppers continue to rein in discretionary spending, weighing on…
Interview: AI’s value lies in real-world use, says Serve Robotics’ Ali Kashani as he pushes to make sidewalk robots mainstream
Developer of AI-powered sidewalk delivery robots, Serve Robotics, has a question for the American food delivery industry: “Why move 2…
Larry Summers steps down from OpenAI board as Epstein emails spark outcry
Former Treasury Secretary Larry Summers resigned from OpenAI’s board on Wednesday, days after newly released emails revealed years of personal…
Sanctions claim first major casualty: Lukoil’s Finnish subsidiary Teboil announces closure
Finnish petrol station operator Teboil, a subsidiary of Russian oil major Lukoil, announced on Wednesday that it is preparing to…
Commodity wrap: oil slips on oversupply worries as gold and base metals surge
Oil prices fell sharply on Wednesday due to oversupply concerns and rising inventories in the US. Meanwhile, gold and silver…
Latin America’s trade expected to grow in 2025 despite US tariffs, ECLAC says
Despite the US imposing tariffs on numerous countries in the area, the United Nations Economic Commission for Latin America and…
Why overconfident AI models are prioritising assertiveness over accuracy
Concerns are mounting over the reliability of artificial intelligence models, as new research reveals that some popular systems produce incorrect…
Kremlin increases domestic gold engagement for national fund
Russia’s central bank announced Wednesday that its engagement with the domestic gold market—both buying and selling for the National Wealth…