As Europe’s top economy emerges from the energy crisis, activist investors are resuming their years-long efforts to break up some of Germany’s most venerable companies. They see streamlining as a promising path to reviving share prices. This week, investors demanded… Read More ›
Google executives are aware that Bard, the company’s artificial intelligence search engine, doesn’t always provide accurate results. Employees are responsible for fixing at least some of the incorrect responses. In a Wednesday email to staff members, Google’s vice president for… Read More ›
The government announced on Tuesday that Argentina’s inflation rate has reached just under 100%, with savers suffering from some of the world’s fastest rising prices and workers’ budgets being squeezed as costs continue to outpace wages. The South American nation,… Read More ›
As a surprisingly resilient economy avoided a recession, employment in the euro zone increased more than anticipated to a new record high last quarter, signaling stronger underlying inflation pressures that could keep interest rates high for longer. Although it was… Read More ›
Over the past week, major Chinese technology companies have revealed their plans to release ChatGPT-style products, joining the artificial intelligence arms race that the well-known chatbot has sparked. However, the biggest companies in China have not publicly stated that they… Read More ›
Britain will introduce draft legislation on Tuesday to control “buy now, pay later” credit, claiming that the industry could harm consumers if accurate affordability checks were not made. The majority of BNPL businesses are unregulated, and they frequently provide on-the-spot,… Read More ›
According to the company’s new CEO, Toyota Motor Corp. will increase its battery-electric offerings by concentrating on its luxury Lexus brand, but it will stick to its long-standing strategy of investigating other technologies. Koji Sato, who will take over as… Read More ›
According to a survey released on Monday, British employers expect to raise wages for their employees by the most in at least 11 years, but the 5% pay increases would still fall well short of expected inflation. The Chartered Institute… Read More ›
After a dry spell in the formerly brisk market, Chinese startups are once again raising millions of dollars through listings on the American stock market. Hesai Group, a supplier of “lidar” technology for autonomous vehicles, listed on the Nasdaq on… Read More ›
Health campaigners and councils have urged taxing vapes and displaying them in plain packaging behind the counter to decrease their appeal to children. Action on Smoking and Health (Ash) is urging Jeremy Hunt, the chancellor, to impose an additional £4… Read More ›
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