Factbox-Jeju Air crash deadliest on South Korean soil
By Hyunjoo Jin SEOUL (Reuters) – The crash of Jeju Air flight 7C2216 on Sunday marks the deadliest ever on South Korean soil and the worst involving a South Korean…
ITOps market poised for double-digit growth as AI reshapes industry, Raymond James
Investing.com — The IT Operations (ITOps) market, once viewed as a cost center confined to back-office functions, is experiencing a profound transformation driven by artificial intelligence and automation, according to note…
Affordable Chinese cars disrupt BMW and Mercedes sales in Mexico
The Mexican automotive market is undergoing a significant transformation as Chinese car manufacturers gain a foothold, disrupting the dominance of long-standing luxury brands like Mercedes-Benz and BMW, as per an…
From minivehicles to market domination: how Osamu Suzuki shaped India’s car industry
The world of automobiles has lost a titan. Osamu Suzuki, the ingenious and fiercely pragmatic leader who propelled Japan’s Suzuki Motor to global prominence, passed away on Christmas Day at…
Bond markets tumble as year-end trading amplifies rate cut concerns
The bond market, often seen as a haven of stability, experienced a tumultuous end to the year, with thin trading volumes exacerbating a December selloff. As traders returned from the…
HomeStreet Bank sells $990M in loans to BofA in strategic profit push
HomeStreet Bank, a Seattle-based lender, is making a significant move to shore up its financial position by selling nearly $990 million of its multifamily commercial real estate loans to Bank…
OpenAI embraces for-profit model to chase AI dreams
OpenAI, the pioneering force behind artificial intelligence breakthroughs, has unveiled a plan to overhaul its corporate structure, signaling a significant strategic shift to fuel its ambitious pursuit of artificial general…
Netflix vs movie theaters: is the streaming giant a true threat?
Comscore’s senior media analyst Paul Dergarabedian sees streaming platforms, including Netflix Inc (NASDAQ: NFLX), as complementary not adversarial for movie theatres. “I think they all work together; it’s this…
These 2 European semiconductor stocks are Bernstein’s top picks for 2025
Bernstein analysts expect the wafer fab equipment market to remain “flat-ish” next year after an estimated 10% growth on the back of continued demand from China in 2024. Still, the…
RGTI charges today towards another all-time high, should you sell?
Rigetti Computing (RGTI) continued to rise spectacularly on Friday, with shares seen increasing by more than 13% to $17.53 during morning trading. The gain follows a record close at $15.44…