Tag: Business

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Ferrari, Exor clinch alliance with former Apple designer

Italian luxury car maker Ferrari and its parent company Exor, are joining forces with with Jony Ive. It is the creative mind behind many...

Evergrande faces local government inquiry

The city’s financial regulator told the investors that the Shenzhen government is investigating a unit of Chinese developer Evergrande. This is a first sign of an...

$1 BLN solar spree plan in Iberia

Wind power giant Iberdrola and solar project developer Prosolia Energy will jointly invest 850 million euros in five solar parks in Iberia by 2025....

Evergrande domestic debt deal calms contagion concern

China Evergrande agreed to settle interest payments on a domestic bond. Evergrande, Asia’s biggest junk-bond issuer, is so entangled with China’s broader economy. Through...

Lloyd’s of London exposed to Ida losses

Lloyd’s of London chairman said that it is likely to be exposed to around 10% of the billions of dollars of insured losses from...

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Trump Says US Crackdown Has Prevented Billions in Losses From Overseas Scams

US President Donald Trump said his administration has made...

Palantir Assures Europe NATO’s Military AI System Cannot Be Switched Off Amid US Technology Concerns

US software company Palantir Technologies has sought to ease...

Anthropic Reports $80.7 Billion First-Half Loss as AI Infrastructure Costs and IPO Scrutiny Intensify

Anthropic, the San Francisco-based artificial intelligence company behind the...

Yen Weakens Against Dollar as Investors Assess Global Market Risks

Global currency markets showed mixed movements on Tuesday, October...

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