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Author: admin

01Dec

Australia’s Star Entertainment Group elects Bruce Mathieson Jr. as Chairman

Star Entertainment has elected Bruce Mathieson Jr. as chairman, cementing the billionaire Mathieson family’s grip on the embattled casino firm after the family and U.S. gaming group Bally’s converted their…
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01Dec

HSBC signs deal with French start-up Mistral AI for GenAI integration

HSBC said on Monday it had signed a multi-year deal with French start-up Mistral AI to integrate generative artificial intelligence tools across the bank, aiming to speed up automation, lift…
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01Dec

Amazon and Google launch co-built multicloud networking service to boost connectivity

Amazon and Google introduced a jointly developed multicloud networking service on Sunday to meet growing demand for reliable connectivity the companies said in a statement, at a time when even…
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01Dec

Oil jumps as OPEC+ holds output, Venezuela tensions spark supply fears

Oil prices rose on Monday after OPEC+ members reaffirmed a plan to hold output steady, as the Caspian Pipeline Consortium halted exports after a major drone attack and U.S.-Venezuela tensions…
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01Dec

US colleges face $1B hit as international student enrolment drops, report says

After a battle over immigration policies and international student visas, fewer new international students chose to study on U.S. college campuses this fall, which comes at a significant economic cost.…
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01Dec

South Korea exports rise in Nov. Chips hit record. Autos jump after US trade deal

South Korea's exports rose in November for a sixth consecutive month, beating market expectations, as chip sales hit a record on strong technology demand while autos also jumped after a…
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01Dec

Treasury Wine Estates to write off A$687M on US asset slump. Shares hit 10-year low.

Australia's Treasury Wine Estates said on Monday it expects to write off A$687.4 million ($449.56 million) from the value of its U.S. assets due to a slowing American wine market,…
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01Dec

People’s Bank of China warns of crypto speculation surge, vows stablecoin crackdown

China's central bank reaffirmed its tough stance on virtual currencies on Saturday, warning of a resurgence in speculation and vowing to crack down on illegal activities involving stablecoins. The People's…
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01Dec

US judge authorizes sale of Citgo parent’s shares to Elliott affiliate

CitgocitA U.S. judge on Saturday authorized the sale of shares in the Venezuela-owned parent of Citgo Petroleum to an affiliate of Elliott Investment Management, following his approval earlier this week…
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01Dec

Databricks in talks to raise capital at $134 billion valuation, reports says

Data analytics firm Databricks is in talks to raise $5 billion at a valuation of $134 billion, which is roughly 32 times this year's expected sales of about $4.1 billion,…
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