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India’s $507 million line of credit to Maldives effective August 27, cenbank says

Verizon to invest $70 million in AI training effort

Verizon to invest $70 million in AI training effort

AI is changing how Americans choose snacks, says Conagra

AI boom helps lift Asia growth outlook despite energy, El Nino risks: ADB

Investments

Private equity is clinging to assets for longer, upending its business model

The traditional 10-year fund that was the backbone of the buyout approach is vanishing

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Binance buys $100 million stake in Circle, expands partnership

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Accelevation, backers aim to raise up to $720 million in US IPO

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Accelevation targets up to $5.4 billion valuation in US IPO

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Data center firm Accelevation targets up to $5.4 billion valuation in US IPO

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Investments

Barclays appoints Morgan Stanley’s Wee Yee-Yeong to lead private bank in Singapore, Asia

This follows launch of British bank’s booking centre in city-state as it steps up wealth-management business in region

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Investments

ECB, EU central banks oppose stablecoin bank deposit rule

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ECB, EU central banks suggest dropping stablecoin deposits rule

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Banks warn AI shopping bots raise scam, fraud and data-privacy risks

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Investments

Three out of four Americans say AI firms not doing enough to prevent disaster, Reuters/Ipsos poll finds

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