The Facebook owner and Redmond giant are spending billions to dominate machine learning. Their ultimate goals diverge. Microsoft’s strength is selling to enterprises; Meta CEO Mark Zuckerberg touts a ...

Electricity-guzzling server farms helped spike prices in the country’s largest power market 11-fold in two years. Soaring ...

Despite pressure from President Trump and increased dissent from fellow governors, Jerome Powell held rates steady above 4.25%. As the impact of existing tariffs and new escalations like a 25% levy on ...

The Wall Street firm is paying $196 mln for the UK boutique co-founded by Simon Robey. The danger in such transactions is ...

Chinese internet firms are finally bringing their fierce rivalry to Hong Kong. The market is small. Yet the Asian hub ...

The cybersecurity operator has a history of canny acquisitions, but its pounce on CyberArk – by far its largest – wiped $16 bln off its shares. With a potential return on investment of as little as 1% ...

Outgoing board head Mark Tucker churned through CEOs and steered the $220 bln bank’s vast overhaul. Now, with the right boss and strategy in place, HSBC could use a diplomatic Asia expert happy to ...

WeWork’s latest push for an initial public offering sounds a bit too familiar. The coworking space’s India affiliate is preparing for a Mumbai share sale. It has improved on the business model of its ...

Union Pacific’s $85 bln acquisition of Norfolk Southern would forge a coast-to-coast line, with touted boons for US ...

Shares in the $247 bln obesity drugmaker fell over 20% after it said sales would grow more slowly than expected. Competition ...

The EU made a vague promise to pump $600 bln into the United States as part of its tariff pact. Details are skimpy, but on ...

The $10 bln EV maker’s shares have risen by some 40% this month as it grows sales of new, cheaper models. Success is crucial ...