IBM’s announcement that it’s halting ads on X came a day after Elon Musk boosted an antisemitic post on his platform
Alibaba’s Hong Kong shares drop 10% after it shelves cloud spinoff, citing U.S. chip restrictions
Shares of Chinese e-commerce giant Alibaba slid after it announced it would not proceed with the full spinoff of its cloud group.
Singapore to pilot use of wholesale central bank digital currencies in 2024
Singapore will pilot the live issuance and use of wholesale central bank digital currencies next year, the Monetary Authority of Singapore said Thursday.
Pedro Sanchez secures another term as Spain’s prime minister, set to form government
Sanchez’ investiture follows two failed attempts of right-wing opposition leader Alberto Núñez Feijóo to gain parliamentary support.
A Taylor Swift-themed cruise sets sail in 2024: Here’s what ‘Swifties’ need to know about the fan-led experience
Travel agency Marvelous Mouse Travels is organizing a Taylor Swift-themed cruise aboard a Royal Caribbean International ship for next fall.
Mars’ $662 million acquisition bid sends shares of Britain’s Hotel Chocolat soaring 160%
U.S. food giant Mars said Thursday that it will buy British chocolatier Hotel Chocolat for £534 million as the brand seeks to boost its international presence.
Book Review: These Are the Plunderers
The PE playbook is always the same: Borrow money to acquire the firm, saddle it with debt, and extract exorbitant management fees.
Better Inflation Forecasters: Economists or Consumers?
How accurate are the short- and long-term realized inflation forecasts of consumers and economists?
Microsoft is fine avoiding China as U.S. considers national security implications, CEO Satya Nadella says
Microsoft CEO Satya Nadella told CNBC’s Jon Fortt that the company has notable Chinese customers that operate outside the mainland
Earth is ‘big enough’ for U.S. and China to succeed, Xi says as he meets Biden
U.S. President Joe Biden and President Xi Jinping of China are expected to discuss fentanyl flows, use of artificial intelligence and access to high-end tech.