AI, bank-led wallets to reshape consumer payments, says Juniper report
Orders from AI-powered searches grew 15 times through 2025, with ChatGPT introducing shopping features backed by its 'Agentic Commerce Protocol'...
Category : Featured
AD Ports, EGA to invest USD 22.9 million to upgrade Khalifa Port infrastructure
Upon completion of the planned works by August 2028, the upgraded berth is expected to support the handling of approximately eight million tonnes of bulk cargo annually...
Wealth funds, central banks turn to energy assets amid geopolitical volatility
An Invesco survey showed financial entities focusing on diversification and investment portfolios that can 'take a hit and still hold it together'...
Apple, Microsoft increase prices as RAMageddon shortage hits consumer electronics industry
Justifying the price rises as "unavoidable," CEO Tim Cook described the situation as "a hundred-year flood," unlike anything the industry had ever seen...
Volkswagen overhaul: CEO Oliver Blume may face union test again
The proposed closures at Hanover, Zwickau, and Emden, along with Audi’s Neckarsulm site, would put over 45,000 jobs at risk, on top of 50,000 cuts announced in 2024...
Ares, Apollo, Morgan Stanley curb withdrawals again, rattling private credit
Investors sought to pull 14.4% of shares from the USD 22.6 billion Ares Strategic Income Fund (ASIF) in the Q2, up from 11.6% in Q1...
New co-presidents reignite JPMorgan succession rumours
Petno and Rohrbaugh, who have jointly run the bank’s Commercial & Investment Bank (CIB) since early 2024, will now each lead a division outright...
AI, semiconductors and defence: Japan eyes supercharged economy by 2041
The plan, detailed in documents released after a policy advisory panel meeting, earmarks 101.6 trillion yen for AI and chip-related spending alone...
Ferrari names former BMW Italy head as new marketing chief amid Luce EV controversy
Enrico Galliera will be succeeded, from July 1, by Massimiliano Di Silvestre, former president and chief executive of BMW Group Italy...
EasyJet rejects Castlelake’s takeover attempt, demands ‘more attractive proposal’
While rejecting Castlelake's fourth bid, easyJet's board unanimously accused the American firm of attempting to undervalue the airline...