Tag: companies
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What’s causing record high US beef prices?
The meat has never been more expensive, due to supply shortages, but no-one is making more money.
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Analysis:Europe’s established tech firms emerge as unexpected AI winners
August 5 : The AI boom was widely expected to favour the new companies building the models. Recent earnings suggest it is some of Europe’s biggest, well-established technology groups that are emerging as AI beneficiaries.SAP, Capgemini, Sopra Steria and OVHcloud have all reported stronger demand, faster growt
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How AI is changing jobs in the Philippines’ outsourcing industry
AI is reshaping the Philippines’ outsourcing industry, raising questions over the future of the industry.
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Artificial intelligence: Why firms are struggling to set prices
Buyers of AI services are struggling to control costs and sellers are not sure how much to charge.
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NextEra, Brookfield plan $100 billion data center at US uranium site in Kentucky
July 29 : NextEra Energy and Brookfield plan to develop a $100 billion data center campus and power plant at a federally owned former uranium enrichment site in Kentucky, the companies said on Wednesday.The Paducah, Kentucky, campus is the latest in a string of project announcements that pairs Department of
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Explainer-What are credit default swaps and why are they spooking AI investors?
July 29 : Shares in companies driving the AI boom have been under pressure for weeks. Now their bonds are coming under strain too, pushing up the cost of insuring debt issued by companies such as Oracle, Nvidia and Apple against default.The move reflects growing concern among investors about when the billions
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Trump vows to investigate EU over fining of US tech companies
The US president says fines against Google, as well as Apple, Meta and Amazon, should be “entirely reversed.”
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Hong Kong eases listing thresholds to draw more IPOs
July 24 : Hong Kong’s stock exchange on Friday made it easier for companies to go public in the Asian financial hub, lowering thresholds for firms with dual-class share structures and broadening access to confidential IPO filings.The reforms, which take effect immediately, follow a market consultation that re
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US stocks face tests from Fed decision, tech-led earnings deluge
NEW YORK, July 24 : A wobbly U.S. stock market will take its cues in the coming week from a Federal Reserve meeting set to shed light on the path for interest rates, and from a packed slate of corporate earnings led by technology companies and heavyweights in artificial intelligence.Major equity indexes were
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US citizens are ramping up pressure on data centers
Rapid data center construction across the US, fueled by AI, comes with serious threats to the environment, public health and energy supply. Local opposition has blocked or delayed dozens of projects.
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