NEWS & MEDIA
OCT21

2024

Scandal Over Ex-Lover Wipes $3 Billion From Tech Mogul’s Fortune

Richard White, the Australian billionaire battling allegations of inappropriate behavior with women, has said he has a relaxed relationship with risk.

OCT21

2024

China Tension Highlights Risk of Taiwan’s Nuclear Phase-Out Plan

Wang Bo-whei was 50 years old when he started working at Taiwan’s fourth nuclear plant, rising through the ranks to oversee its construction and — he thought — its eventual operation.

OCT21

2024

Meta to Use Facial Recognition to Fight Fake Celebrity Scams

Facebook parent company Meta Platforms Inc. will start using facial recognition technology to crack down on scams that use pictures of celebrities to look more legitimate, a strategy referred to as “celeb-bait ads.”

OCT21

2024

SAP Cloud Sales Jump as Software Giant Lures Clients With AI

SAP SE’s cloud revenue grew by 25% in the third quarter as Europe’s biggest software company worked to transition customers away from locally run systems with the promise of artificial-intelligence tools and analytics.

OCT21

2024

Musk Sued Over ‘Blade Runner’ Imagery During Robotaxi Unveiling

Hollywood filmmaker Alcon Entertainment is suing Elon Musk, saying Tesla Inc. used imagery inspired by the 2017 movie Blade Runner 2049 at a recent event even after permission was denied.

OCT21

2024

Bonds Extend Selloff, Asian Shares Set to Decline: Markets Wrap

Most Asian shares were set for declines as Wall Street stocks took a breather after notching their longest weekly rally this year. Bonds tumbled on cooling expectations of Federal Reserve rate cuts.

OCT21

2024

Australian Wine Exports Jump by a Third as China Resumes Buying

Australia’s wine exports jumped by more than a third, boosted by an increase in shipments to China after the Asian nation lifted tariffs.

OCT21

2024

Ex-Taiwan Central Bank Official Says Policy ‘Chaotic,’ Unclear

An ex-Taiwan central bank official criticized the island’s monetary policy as being inconsistent, blaming Governor Yang Chin-long for failing to communicate policy intentions clearly and sparking market volatility.

OCT21

2024

Oil Steadies After Surge as Traders Keep Focus on Middle East

Oil steadied — after surging almost 2% on Monday — as traders tracked tensions in the Middle East, and broader markets carried a risk-off tone.

OCT18

2024

Wamco Clients Quizzed by DOJ as Leech Probe Ramps Up

Money managers that used Western Asset Management Co. to help invest their bond portfolios are being pressed about their dealings with the firm, as US authorities ramp up their investigation of how once-star trader Ken Leech allocated winning bets.

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