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BUSINESS

The AI tipping point for banks

Business, Mark Micallef, Published on 13/01/2025

» Generative artificial intelligence (Gen AI) is rapidly transforming the financial services landscape. What began with experimental projects in 2024 is now gaining serious momentum, with many institutions moving Gen AI into full-scale production and seeing tangible results from their investments.

BUSINESS

FDI to fuel a China-Asean shared future

Business, Giorgio Gamba and Mark Wang, Published on 13/06/2023

» In 2013, President Xi Jinping announced an initiative for China to work with Asean countries for a 21st century Maritime Silk Road to build a closer China-Asean community with a shared future.

BUSINESS

Some Companies Are Ready for Libor's Demise, but Not All

Business, Sebastian Pellejero & Mark Maurer, Published on 03/01/2022

» Wall Street's shift away from the London interbank offered rate takes effect at the start of the new year. Some companies are more prepared for it than others.

BUSINESS

Billionaires' share of global wealth soars during pandemic

Business, Mark John of Reuters, Published on 08/12/2021

» LONDON: The share of household wealth owned by billionaires has risen by a record amount during the pandemic, with millionaires also coming out of Covid-19 ahead, a study found.

BUSINESS

Urban Outfitters to Take On Poshmark With Nuuly Thrift

Business, Charity L. Scott, Published on 26/08/2021

» Urban Outfitters Inc. will launch a marketplace for secondhand goods, seeking to turn its customers into sellers and keep them from turning to online resellers such as Poshmark Inc. and thredUP Inc.

BUSINESS

Wayfair Copied Amazon to Grow Fast. Now, It Searches for Profits

Business, Sarah Nassauer & Charity L. Scott, Published on 02/03/2020

» In nearly two decades, online home-goods seller Wayfair Inc. has grown quickly by burning through profits.

BUSINESS

Planet smartphone

Business, Paul Lee, Mark Casey, Craig Wigginton & Cornelia Calugar-Pop, Published on 13/12/2019

» In the half-dozen years since they became mainstream, smartphones have become the world's most ubiquitous and used consumer electronic device.

BUSINESS

The case against national AI strategies

Business, Mark Esposito, Terence Tse & Joshua Entsminger, Published on 19/10/2018

» Efforts to develop artificial intelligence (AI) are increasingly being framed as a global race, or even a new Great Game. In addition to the race between countries to build national capabilities and establish a competitive advantage, businesses are also in a contest to acquire AI talent, exploit data advantages and offer unique services. In both cases, success will depend on whether AI solutions can be democratised and distributed across sectors.