Why Salesforce CEO Marc Benioff thinks AI chip king Nvidia is ‘exquisite’
Nvidia (NVDA) is still the AI chip player to beat, says Salesforce (CRM) CEO Marc Benioff, who has long had a close relationship with Jensen Huang. “He [Jensen] only has a limited set of customers who are just building these enormous data centers…
EU chief floats ‘associate membership’ for Canada. But that doesn’t exist yet
BRUSSELS (AP) — By opening the door this week for Canada to become the first “associate member” of the European Union, European Commission President Ursula von der Leyen offered Prime Minister Mark Carney hope, but also an illusion. There are…
AirAsia’s Fernandes refutes financial concerns, points to new growth plans
AirAsia’s Tony Fernandes pushed back against a report raising concerns over the airline’s financial health, while signaling plans to resume growth.
Treasury yields little changed as volatile week wraps up
Treasury yields were mixed on Friday morning, as investors continued to look for clues on the trajectory of monetary policy.
An intense boardroom battle is brewing at India’s giant Tata Group
In 10 years, India’s leading multinational conglomerate, the Tata Group, is facing a new power struggle between the chairman of Tata Sons and Tata Trusts.
Anthropic and OpenAI hunt for smaller data center deals, sources tell CNBC, in race to deploy AI capacity
Anthropic and OpenAI have announced a flurry of AI infrastructure deals over the past year as demand booms.
Asian shares finish higher, cheered by easing oil prices, but European benchmarks are slipping
TOKYO (AP) — Asian shares mostly rose Friday, getting a lift from a rally on Wall Street as well as declining oil prices, while European benchmarks slipped in early trading. France’s CAC 40 shed 0.6% in early trading to 8,136.51, while the German…
Nestle weighing all options after Kremlin moves to seize Russia business
By John Revill ZURICH, Sept 18 (Reuters) – Nestle said on Friday it was weighing all options to protect its rights after the Kremlin’s decision to take control of the Swiss food maker’s Russian business, the latest move against a…
Japan’s central bank raises benchmark interest rate to 1.25%, the highest in 31 years
TOKYO (AP) — Japan’s central bank on Friday raised the benchmark interest rate to 1.25% from 1.0%, a 31-year-high. The Bank of Japan has been trying to normalize monetary policy after decades of keeping interest rates near or below zero to try to…
BYD, CATL, Xiaomi executives may join Xi’s US visit, sources say
By Laurie Chen BEIJING, Sept 18 (Reuters) – Washington and Beijing are finalising a group of Chinese business leaders to join President Xi Jinping’s upcoming visit to Washington, three sources familiar with the matter said, potentially…