Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...
Alibaba Group Holding’s artificial intelligence strategy is defined by a commitment to open-source models, the company said on Tuesday, following a year of soaring adoption for its suite of AI service...
Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...
China has reported its trade surplus surged to a record of almost $1.2 trillion last year as exports to other countries made up for slowing shipments to the United States under President Donald Trump...
China's trade surplus surged to a record of almost $1.2 trillion in 2025, the government said Wednesday, as exports to other countries made up for slowing shipments to the U.S. under President Donald ...
Russia and Venezuela maintain a strategic partnership spanning energy, defense, and diplomacy. Yuri Cortez/AFP/Getty Images Russia's state-owned Roszarubezhneft says its Venezuelan oil assets belong t...
Tech giant moves to reverse concessions made to limit the shock of US President Donald Trump’s trade levies...
The search giant says displaying AI summaries constitutes lawful innovation, in its latest defense against year-long publisher lawsuits....
China and the European Union began 2026 with another trade clash. As the EU’s Carbon Border Adjustment Mechanism entered its definitive phase, Brussels tightened compliance and Beijing warned of count...
Tesla CEO Elon Musk unveils the Cybertruck at an event in 2019. FREDERIC J. BROWN/AFP via Getty Images Things are not looking great for Elon Musk's Cybertruck. Tesla sold just over 20,000 of the "...
The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan back in 2021. Rebecca Cook/REUTER...
Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...
Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....
It looks like the wave of campaigns against data centers are getting under big tech companies' skin - and Microsoft is the latest giant to promise to address frustrations on the ground in communities ...
The Bureau of Labor Statistics published the December consumer price index data. Myung J. Chun/Los Angeles Times via Getty Images The inflation rate remained at 2.7% in December, matching expectations...
Getty Images; Tyler Le/BI In-house legal teams are moving faster with artificial intelligence. Teams now have access to tools that draft legal documents and compare terms across deals. The efficiency ...
Coke had been seeking about £2bn after paying £3.9bn for UK coffee chain in 2018...
Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...
Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...
Stellar Blade director and CEO of Shift Up Hyung-tae Kim has stated that without the use of AI, developers in smaller nations will struggle to keep up with studios in places like the U.S. and China. A...