UBS targets cost cuts of $10 billion as it absorbs Credit Suisse
UBS said Thursday that it expected to generate $10 billion in savings from a sweeping overhaul of the new global banking giant created by its emergency rescue of stricken rival Credit Suisse earlier this year.
2023-08-31 14:20
Baidu leads public rollout of AI chatbots in China
Tech giant Baidu launched China's first public artificial intelligence chatbot on Thursday, with ERNIE trained to censor highly sensitive topics for the ruling Communist Party...
2023-08-31 13:56
Australian gig workers to get right to negotiate minimum pay, conditions
By Lewis Jackson SYDNEY Australian gig workers will be able to negotiate for minimum pay and conditions under
2023-08-31 13:55
Japan's defense ministry requests nearly 12% budget increase to bolster military's strike capability
Japan's defense ministry is requesting a nearly 12% budget increase that includes two warships with advanced radar and long-range cruise missiles
2023-08-31 13:55
India Exempts Some Nations From Rice Curbs for Food Security
India has permitted some rice shipments to Mauritius, Bhutan and Singapore for food security purposes after the South
2023-08-31 13:52
X Plans to Collect Biometric Data, Job and School History
X, the social network that used to be known as Twitter, updated its privacy policy to include a
2023-08-31 13:50
China's Baidu makes AI chatbot Ernie Bot publicly available
Chinese search engine and artificial intelligence firm Baidu has made its ChatGPT-equivalent language model, Ernie Bot, fully available to the public
2023-08-31 13:46
HK’s London Trade Office Defaced as UK Seeks Detente With China
The Hong Kong government blasted the vandalism of its trade office in London as a “nefarious” act by
2023-08-31 13:27
Active ETFs Cash In on Corporate Reform in Japan
Actively managed exchange-trade funds are set to launch in Tokyo next week, with one asset manager focusing its
2023-08-31 13:25
Euro bounces on inflation while dollar braces for jobs
By Tom Westbrook SINGAPORE The euro stood by a 15-year high on the yen on Thursday in anticipation
2023-08-31 13:23
Newsom plans to transform San Quentin State Prison. Lawmakers and the public have had little input
California Gov. Gavin Newsom is planning to spend $360 million demolishing a sprawling former furniture factory at San Quentin State Prison and replacing it with something reminiscent of a college campus
2023-08-31 12:54
UBS reports second-quarter profit of $28.875 billion
ZURICH UBS Group on Thursday reported $28.875 billion in net profit attributable to shareholders for the second quarter,
2023-08-31 12:51