3/3 ©Reuters. A volcano belches lava and smoke as it erupts on the Reykjanes Peninsula, Iceland, February 8, 2024. Icelandic Civil Defence/Handout via REUTERS 2/3 By Stine Jacobsen and Terje…
Category: Business News
Société Générale reports sharp decline in earnings due to decline in net banking income
A logo outside a Societe Generale SA bank branch in Paris, France. Bloomberg | Bloomberg | Getty Images Societe Generale on Thursday reported a sharp decline in fourth-quarter net profit…
Alibaba is in no rush to pursue IPO and promises to “reignite” e-commerce unit
China’s Alibaba is vowing to inject new energy into its e-commerce department in a bid to keep new competitors such as Temu owner PDD Holdings and TikTok owner ByteDance at…
Labor could unilaterally recognize Palestinian state, says David Lammy
A Labor government would consider unilateral recognition of a Palestinian state, shadow foreign secretary David Lammy told the Financial Times in a wide-ranging interview on Britain’s position in the world.…
Producer prices in China fall for 16th month in January; consumer prices fall again
People buy Spring Festival ornaments at a market in Zixing city, central China’s Hunan province, Feb. 4, 2024. CFOTO | Future publication | Getty Images Producer prices in China fell…
ButcherBox’s famous “free bacon for life” promotion was actually a happy mistake, says founder of $500 million meat subscription service
Mike Salguero likes to say that ButcherBox, the meat subscription company that made him a multimillionaire, was “built on bacon.” While entrepreneurs may often overuse hyperbole and flowery language, this…
Benjamin Netanyahu rejects Hamas’ “delusional” conditions for hostage deal
Unlock the Publisher’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Israeli Prime Minister Benjamin Netanyahu has rejected as “delusional” Hamas’…
ARM raises guidance on AI-driven demand push; Stocks Rise in Afterhours Trading From Investing.com
©Reuters Investing.com – ARM posted a surge in afterhours trading on Wednesday after the chip designer raised its annual guidance and provided stronger guidance for the current quarter, as royalty…
New sports streaming platform: what to know
Los Angeles Lakers forward LeBron James, n. 23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on January…
AI-powered chatbots are making the job of cybersecurity a lot easier, but basic models are about to revolutionize it
When generative AI made its debut, companies started an AI experiment. They have accepted innovations that many of them don’t fully understand or, perhaps, don’t fully trust. However, for cybersecurity…