Microsoft said on Tuesday that it would make a $1.5 billion investment in G42, an artificial intelligence giant in the United Arab Emirates, in a deal largely orchestrated by the Biden administration to box out China as Washington and Beijing battle over who will exercise technological influence in the Persian Gulf region and beyond. Under

“This not only applies to new projects, but also to permits needed to optimize current operations,” he added. Mining companies and industry groups have complained about the extensive permitting process in Chile. In January, the government presented legal reforms to streamline permitting for investments, which can currently reach up to 500 requests from various authorities.

GEODNET strategic investments from CoinFund, VanEck, Pantera, and Santiago R. Santos (Graphic: Business Wire) GEODNET continues to gain momentum with more than 5,000 Real-Time Kinematic (RTK) stations registered and more than a dozen signed enterprise customers for the network. DUBAI, United Arab Emirates, April 16, 2024–(BUSINESS WIRE)–TOKEN2049 – The GEODNET Foundation, the organization governing the

‘I was always so proud of it’: Charlie Munger had a ready reply when he was asked to name the investment he liked most To say Charlie Munger lived a long, full and rich life is putting it mildly — and literally. The Berkshire Hathaway sidekick of billionaire Warren Buffett died in November just weeks

AXA Investment Managers brought two new hires to its macroeconomics team, with the addition of Gabriella Dickens as a G7 economist and Danny Richards as EM Asia economist. Dickens was previously with Pantheon Macroeconomics, working as the UK economist across areas including employment, wage growth, house prices, mortgage rates, inflation and GDP. She previously spent

600 asset managers evaluated globally on their ability to translate commitment to responsible investment into their brand. All global Top 10 remain European. ZURICH, April 16, 2024 /PRNewswire/ — Despite a challenging investment environment in 2023 with fluctuating financial performances and growing skepticism towards ESG, the Responsible Investment Brand Index RIBI™ 2024 shows both resilience and

A booze brand and a “headless commerce” platform walk into a meeting with the CFO. That might sound like the setup for a punchline, but it’s just how mar tech works these days. Headless commerce is a system whereby multiple front-end media environments (social media, ChatGPT, a brand’s site, another app, etc.) connect to back-end

BEIJING (Reuters) – Property investment in China in the first quarter slid 9.5% from a year earlier, compared with a 9.0% fall in the January-February period, suggesting the sector has some way to go before a solid turnaround is likely to emerge. Property sales by floor area in January-March logged a 19.4% slide from a

By Elizabeth Howcroft LONDON (Reuters) – Venture capital investment in UK companies fell in the first three months of 2024, in the worst quarter for UK fundraising since the early months of the COVID pandemic, a report showed on Tuesday. UK start-ups raised $3.9 billion in Q1 2024, down from $4.8 billion in the previous

The business of banking has become tougher in the last few years. Rising interest rates mean banks have to pay depositors more interest, and many banks have a lot of risky loans on their balance sheets — especially commercial real estate loans. But big banks have other lines of business that’ve been doing well lately.