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CNA Economy Full text
The AI optimists believe that machines will take all our jobs, but bots can create modern jobs too - jobs that resemble a pre-industrial notion of work, says Allison Schrager for Bloomberg Opinion.
CNA Economy Full text
WASHINGTON, Nov 3 : The U.S. Senate Commerce Committee will hold a hearing Nov. 10 on President Donald Trump's nominee to serve on the five-member Federal Communications Commission that is considering the fate of Walt Disney's eight…
CNA Economy Full text
LONDON/NEW DELHI, Nov 3 : Indian billionaire Mukesh Ambani's Jio Platforms has held talks with several companies including Comcast and Charter Communications about licensing its wireless broadband technology in exchange for potential…
CNA Economy Full text
Nov 3 : Europe's bond markets face a fresh headwind as US technology companies increasingly tap European investors to finance AI spending, boosting corporate debt supply and potentially lifting borrowing costs for other firms and…
CNA Economy Full text
Nov 2 : Binance said on Monday it will reopen withdrawals for more assets on networks, including BSC, ETH, SOL, XRP and SUI.The reopenings will begin at 04:00 GMT on Tuesday, the company added.Some crypto assets in networks ARBITRUM…
CNA Economy Full text
Nov 3 : AI giant Anthropic, which filed for a US IPO last week, is expected to include an Australian retail share offer in its prospectus to be filed with the country's corporate regulator, the Commonwealth Bank of Australia's broking unit…
CNA Economy Full text
Persistent weakness in the world's second-largest economy, reeling from sluggish consumption and a prolonged property sector debt crisis, and sharp falls in tech stocks have hit investor confidence.
CNA Economy Full text
SEOUL, Nov 3 : North Korea said on Tuesday claims by the US that it was behind the cryptocurrency heist from the Binance platform is "absurd rhetoric" that is nothing new, state news agency KCNA said. The FBI said at the weekend that North…
CNA Economy Full text
Nov 3 : New Zealand's central bank said on Tuesday it had registered Revolut Bank New Zealand, allowing the company to provide banking services in the country.Here are more details: • Revolut Bank New Zealand is part of the Revolut group…
CNA Economy Full text
ORLANDO, Florida, Nov 2 : Oil prices tumbled on Monday on hopes that US-Iran peace talks could soon take place, which pushed bond yields around the world lower. Stock markets in Asia and Europe mostly benefited as a result, but the…
CNA Economy Full text
The Binance hack might be a moment for the crypto industry to take proper stock if it truly wants legitimacy, says Bloomberg Opinion's Lionel Laurent.
CNA Economy Full text
SAN FRANCISCO, Nov 2 : Apple on Monday forecast lower gross margins for the crucial holiday quarter, citing rising memory-chip costs, and projected services revenue growth that fell well short of Wall Street expectations.Shares of the…
CNA Economy Full text
Nov 2 : Scientists have discovered what they consider the strongest evidence yet of blood cells in a dinosaur fossil inside bone from the right leg of a medium-sized meat-eater that prowled Brazil some 115 million years ago during the…
CNA Economy Full text
Nov 2 : Meta is eyeing at least $20 billion from a potential cross-border bond offering, Bloomberg News reported on Monday, with the tech giant tapping debt markets again to raise funds for its AI infrastructure build-out.Like many of its…
CNA Economy Full text
Nov 2 : Snapchat parent Snap Inc has reached a settlement during a trial over claims brought by two teenagers who say the company designed the platform to be addictive, causing their depression, anxiety and eating disorders, attorneys for…
CNA Economy Full text
Nov 2 : Anthropic's net loss narrowed sharply in the third quarter, while revenue jumped, an amended IPO filing with the US Securities and Exchange Commission showed on Monday.The AI company's net loss fell to $23.29 billion in the three…
CNA Economy Full text
LONDON, Nov 2 : Google parent Alphabet is selling €6 billion ($6.7 billion) of bonds on Monday, according to a memo from one of the deal's managers, testing investor appetite after doubts about the AI trade triggered a recent selloff in…
CNA Economy Full text
LONDON, Nov 2 : The dollar eased and the euro rose on Monday as investors braced for a packed week dominated by the US midterm elections and central bank rate decisions in Britain, Australia, Norway and Sweden.In cryptocurrencies, bitcoin…
CNA Economy Full text
DUBAI, Nov 2 : Abu Dhabi's ADNOC and artificial intelligence firm G42 on Monday signed a deal with OpenAI under which the state energy firm will integrate advanced AI capabilities across its operations, the Abu Dhabi Media Office said.The…
CNA Economy Full text
Nov 2 : French oil major TotalEnergies said on Monday it had signed agreements to buy a 30 per cent operated interest in the Lang Lebah and B14 offshore gas fields in Malaysia.The combined project is expected to unlock over 6.5 trillion…
CNA Economy Full text
TOKYO, Nov 2 : AI lab Anthropic will sell up to 552.9 billion yen ($3.5 billion) worth of shares in Japan as part of its US public listing, a filing showed on Monday.• The new shares issued to Japanese investors will go to raise working…
CNA Economy Full text
DARWIN/SYDNEY, Nov 2 : The developer of one of Australia's biggest planned data centres scrapped its target start date after a regulator said it needed longer than usual to set environmental parameters, a setback to the country's ambitions…
CNA Economy Full text
Nov 1 : The four members of a crew who took part in a simulated mission to Mars have emerged after 378 days in isolation at the US space agency's Johnson Space Center in Houston, an endeavor designed to help prepare for a possible future…
CNA Economy Full text
LONDON/MOSCOW, Nov 1 : OPEC+ oil-producing countries kept December production targets steady on Sunday, confirming expectations that more policy adjustments will not occur until next year, as the group continues to struggle with export…
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