Page 286 - Bloomberg

Elon Musk wants atleast 25% voting control of Tesla before building its AI

At Tesla's inaugural AI Day in 2021, Musk said he wanted to show that the company is more than just an electric car maker, but is "arguably the leader in real-world AI."

Asia Pacific home to most 2024 IPO debuts with India taking the lead

Asia equity capital market bankers expect India to remain among the region's most active markets throughout this year

OpenAI to roll out new tools to thwart misinformation ahead of elections

For ChatGPT, OpenAI will enable people to get real-time information about current events using the chatbot

Indian stocks' valuation premium approaches record against Chinese peers

India - long dubbed the "next China" - has emerged as an investor favorite, aided by solid earnings and a booming consumer market. It's ascent came on the back of a sluggish Chinese market

Indian rupee can become a winner only if RBI loosens its grip on currency

"The Reserve Bank of India will let the rupee appreciate only gradually," said Dhiraj Nim, economist and forex strategist at Australia & New Zealand Banking Group

Here's a pessimist's guide to economic risks in 2024 and what can go right

What could possibly go wrong? After years marked by war, pandemic and bank collapse, it hardly needs saying: a lot. That includes-but is not limited to-the following

Apple to pull blood-oxygen tool from watches to avoid ban if appeal fails

The plan was disclosed Monday by Masimo Corp., which has been locked in a feud with Apple over patents related to the technology

How India's stock and bond markets are turning into an inexorable force

Overseas investors will still have to contend with government policies that benefit from Russia's invasion of Ukraine, especially the purchase of Russian oil at discounted prices

KKR, Warburg plow into Asia data storage centers amid AI, cloud boom

Demand in Southeast Asia and North Asia is expected to expand about 25% a year through 2028, according to Cushman & Wakefield data. That compares with 14% a year in the US

China holds key interest rate as economy prepares for 'difficult year'

The People's Bank of China maintained the rate on its one-year policy loans on Monday, disappointing investors expecting the first trim since August

Chinese govt bought Nvidia semiconductors chips despite US ban: Report

Neither Nvidia nor retailers approved by the company were among the suppliers, according to Reuters

China chip imports suffer steepest decline on record after US restrictions

The value of integrated circuits imported by the world's largest semiconductor market fell 15.4% to $349.4 billion

Boeing to step up inspections of aircraft during production after blowout

Boeing will also bring in an outside party to review its quality controls and suggest improvements, he said, adding another layer of scrutiny to its manufacturing process

Qatar's $450 billion sovereign wealth fund won't abandon Canary Wharf

Canary Wharf has struggled since the pandemic led to a shift to flexible working, bringing in fewer workers to populate the desks of the large office blocks that dominate its skyline

WEF Davos 2024: China keeps weighing on world in view of economists

"China is a notable exception as weak consumption, lower industrial production and distress in property markets weigh on the prospects of a stronger rebound in 2024," the Forum said in its report

Hyundai Motor to spend $845 million fixing Talegaon plant bought from GM

Hyundai last year bought the General Motors factory in Talegaon, which has stood idle for years after the US company struggled to sell it off following its exit from the country

Former Credit Suisse wealth executive Sandipan Roy joins Motilal Oswal

Sandipan Roy will be chief investment officer for the private wealth business, reporting to Ashish Shanker who heads the unit, according to a spokesperson for Motilal Oswal

Hyundai Motor to spend $845 million fixing Talegaon plant bought from GM

Hyundai last year bought the General Motors factory in Talegaon, which has stood idle for years after the US company struggled to sell it off following its exit from the country

Bitcoin's ETF hangover saddles token with its worst streak in a month

The batch of almost a dozen ETFs, including from investment titans BlackRock Inc. and Fidelity Investments, began trading on Jan. 11

Apple offers rare discount on iPhone 15 in China amid demand fears

Apple quietly introduced the savings on its official Chinese website on Monday. The deal runs from Jan. 18 to Jan. 21 ahead of the Lunar New Year shopping season