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AI risks repeating social media era's mistakes: Microsoft president
AI risks repeating social media era's mistakes: Microsoft president
Breakneck development of artificial intelligence risked repeating mistakes made by the tech industry at the start of the social media era, Microsoft president Brad Smith...
2023-08-25 21:01
France, EU to spend 200 mn euros on destroying excess wine
France, EU to spend 200 mn euros on destroying excess wine
The French government announced Friday that 200 million euros ($216 million) would be set aside to fund the destruction of surplus wine production in a bid to support...
2023-08-25 20:48
Indian food delivery firm Swiggy restarts IPO plans, aims for 2024 listing- sources
Indian food delivery firm Swiggy restarts IPO plans, aims for 2024 listing- sources
By M. Sriram MUMBAI Swiggy, the Softbank-backed food delivery company, is eyeing a 2024 stock market listing and
2023-08-25 20:39
Canada July wholesale trade most likely rose 1.4% -Statscan flash estimate
Canada July wholesale trade most likely rose 1.4% -Statscan flash estimate
OTTAWA Canadian wholesale trade most likely rose 1.4% in July from June, largely due to higher sales in
2023-08-25 20:38
Blackstone selling 22% stake in Bellagio - WSJ
Blackstone selling 22% stake in Bellagio - WSJ
Blackstone Group is selling a 22% stake in Bellagio, which is operated by MGM Resorts under a long-term
2023-08-25 20:36
L’Officiel Hong Kong successfully registered with the HK SAR Government’s Office for Film, Newspaper and Article Administration
L’Officiel Hong Kong successfully registered with the HK SAR Government’s Office for Film, Newspaper and Article Administration
NEW YORK & PARIS--(BUSINESS WIRE)--Aug 25, 2023--
2023-08-25 20:32
Rugby star Antoine Dupont teams up with Ami for capsule collection to toast spirit of the sport
Rugby star Antoine Dupont teams up with Ami for capsule collection to toast spirit of the sport
Ahead of France hosting the 2023 Rugby World Cup, scrum-half star Antoine Dupont has teamed up with Ami for a limited-edition capsule collection that aims to celebrate the spirit of the sport.
2023-08-25 20:15
Ukraine’s Slow Offensive Buoys Putin and Worries Allies
Ukraine’s Slow Offensive Buoys Putin and Worries Allies
Ukraine’s allies now worry the war is dragging into a long fight that may strengthen Vladimir Putin’s hand
2023-08-25 20:07
What happens in Jackson Hole doesn't stay in Jackson Hole
What happens in Jackson Hole doesn't stay in Jackson Hole
Most of the year, people visit Jackson Hole, Wyoming, to ski, fly fish or simply enjoy the region's vast natural beauty. But for three days in late August, the city situated in the heart of Grand Teton National Park transforms into Woodstock for economists.
2023-08-25 20:04
Wallbox and Kia America Join Forces on Bidirectional EV Charging
Wallbox and Kia America Join Forces on Bidirectional EV Charging
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Aug 25, 2023--
2023-08-25 20:01
Premier League clubs take summer spending to nearly £2billion with week to go
Premier League clubs take summer spending to nearly £2billion with week to go
Premier League clubs have spent a fraction under £2billion in this summer’s transfer window already – with a week of business still to go. Data released by financial services firm Deloitte showed that as of 12pm on Friday top-flight teams’ spending had reached £1.95bn. That is already higher than the total, record figure calculated by Deloitte for last summer – £1.92bn. Deloitte said spending was £500m higher this summer compared to the same point last year, suggesting the final total could be around £2.5bn. Two of this summer’s deals so far have been worth over £100m – Arsenal’s signing of Declan Rice from West Ham and Chelsea’s recruitment of Moises Caicedo from Brighton. Premier League clubs’ net spend is calculated at £825m by Deloitte, 25 per cent lower than last summer (£1.1bn), which the firm attributes to a more active global transfer market. Calum Ross, assistant director in Deloitte’s Sports Business Group, said: “For the second year in a row, the summer transfer spending by Premier League clubs has surpassed the previous record and looks set to rise above £2bn for the first time before the window closes on September 1. “This sensational level of spending appears to be the new norm for Premier League clubs. They are generating unprecedented levels of revenue, which for some clubs is combined with the receipt of significant investment from new ownership. “As we approach the end of the transfer window, it remains imperative that clubs manage the buying and selling of players carefully and remain compliant with relevant financial regulations. “Sustainable business plans are essential to support continued competitiveness and long-term growth.” Chelsea’s spending in the last three windows – since a consortium led by American businessman Todd Boehly took charge – is believed to be edging close to the £1billion mark.
2023-08-25 20:01
Jackson Hole: Fed policy collides with reality in the most unequal county in America
Jackson Hole: Fed policy collides with reality in the most unequal county in America
Central bank officials from across the world have descended upon Jackson Hole, Wyoming this week to discuss policy decisions that will shape the economy for years to come.
2023-08-25 19:48
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