Companies & Markets

China defies global ‘AI scare trade’ as investors chase winners

Bullish ratings from Wall Street banks including Morgan Stanley are fuelling the optimism

The DOJ is asking questions about Netflix’s ability to leverage its market power in negotiations with independent content creators.

US Justice Department probes Netflix’s power over film-makers in Warner Deal review

The broad scope is a strong sign that it will take months before the United States decides whether to challenge the deal in court

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A customer buys pork at a morning market in Beijing. One Chinese pork processor has been the subject of a years-long legal battle.

How a US$15 million Chinese pork deal turned into a cautionary tale for foreign investors

Behind-the-scenes moves, including a surprise restructuring, have left Chuming Group’s backers vexed and puzzled

Stock pickers are finally having a moment after years of failing to keep up with a tech-driven rally.

Smart money is winning as tariff whiplash, AI grip Wall Street

[NEW YORK] A noisy, unsettled Wall Street is doing what years of simply owning the index rarely has: made the smart money look smart again.

Much of the selling has come on new AI tools released by companies like Anthropic, OpenAI and Alphabet.

Cyber stocks slide as Anthropic unveils Claude security tool

[CHICAGO] Shares of cybersecurity software companies tumbled Friday (Feb 20) after Anthropic introduced a new security feature into its Claude artificial intelligence model.

Neymar, who has struggled with injuries in recent seasons, remains doubtful for participation at the World Cup this year.

Neymar says he may retire by end-2026

[BENGALURU] Brazil striker Neymar, who extended his contract with his childhood club Santos last month, said that he may retire by the end of the year.

Automakers are facing billions of dollars in additional costs from Trump’s tariffs.

Detroit auto industry spared from Trump’s latest tariff programme

[DETROIT] Detroit’s automakers learned Friday (Feb 20) night that they had been spared from tariffs that US President Donald Trump imposed after the US Supreme Court struck down most of his global dut...

Microsoft-backed OpenAI expects more than US$280 billion in total revenue by 2030.

OpenAI expects compute spend of around US$600 billion through 2030: source

[MEXICO CITY] OpenAI is targeting roughly US$600 billion in total compute spend through 2030, a source familiar with the matter told Reuters on Friday (Feb 20), as the ChatGPT maker lays groundwork fo...