Nearly 500 employees of OpenAI have sent a letter to the board pf the company threatening to quit and join the recently fired CEO Sam Altman at his new employer, Microsoft, unless the board resigns.
Due to the recently announced further OPEC+ oil production cuts, crude oil price benchmarks have started a surge.
The recently fired Chief Executive Officer of OpenAI Sam Altman has been hired by Microsoft. Market commentators have expressed that the move is set to benefit the stock price of MSFT.
The London Stock Exchange Group has named Micel-Alain Proch as the new Chief Financial Officer of the exchange.
During Monday's trading, the Japanese stock indices reached a three decade high level. Namely, the Nikkei index reached levels not seen since 1990.
The new obesity drug maker Novo Nordisk has invested additional $6 billion in new factories. The CEO of the company has stated that the production volumes still remain far below global demand.
The United States have started to increase beef imports, as exports of the same type of meat has been reduced. The trend has increased costs for meat processors like Tyson Foods.
The Wall Street Journal has reported that Meta Platforms has made a deal with Tencent Holdings to sell new low-cost virtual reality headsets in China.
Apple has agreed to pay $25 million to settle a case with the US Department of Justice over allegations of favouring immigrant workers over US citizens.
Travel analysts at ForwardKeys have revealed that global travel demand has declined due to cancellation of trips to the Middle East in the aftermath of the start of the war.
The giant asset management firm BlackRock has applied to create a new Ethereum trust fund that could result in the creation of a new ETF.
Reuters has reported that Country Garden intends to have a prepared offshore debt restructuring plan by the end of year.
US bankruptcy court has approved the restructuring of the crypto lender Celsius network and the creation of a new company.
Hollywood studios and other media firm stocks have recently surged due to a tentative deal that would end the ongoing actor strike.
The National Highway Traffic Safety Administration has ordered Tesla to recall 159 vehicles due to incorrect airbag deployment.
The pharmacy firm AstraZeneca has increased its 2023 earnings forecast, as it expects to profit from new anti-obesity drugs.
As the Chinese EV firm Zeekr Intelligent prepared for an US initial public offering, it has revealed that it has suffered losses in the first half of 2023. The news caused a sell off of competing electric vehicle firms.
Financial media outlets have attributed the recent decline in stock prices to comments made by Jerome Powell the week prior. Meanwhile, analysts note that the stocks had surged for eight trading sessions, which had not been observed since December 2022.
Due to legal errors made by a European Union tribunal, advisers to the European top court have suggested the reopening of a 13 billion Euro tax case against Apple.
Due to the release of the new Xiaomi phone model, the company has reached a new sales record. The sales of Mi14 series have exceeded one million smartphones sold.
Reuters poll results have revealed that most likely inflation had declined in India to a four month low level of 4.80.
United States average 30-year mortgage rate has declined by a quarter of percentage point down to 7.61%. The rate has experienced the largest weekly drop since July of 2022.
Ahead of taking over the G20 presidency, Brazil has prepared to implement a global 15% tax on multinational company profits.
After stagnating in September, Chinese October Consumer Price Index has returned into the negative zone. In October, consumer prices declined 0.2% on a year on year basis and, compared monthly, a 0.1% decline has occurred.