Citi forms AI-focused banking unit, invests in Japanese firm Sakana AI to back data centers, computing power, and AI infrastructure growth.
Amazon cuts 100+ robotics jobs, continuing layoffs after January's 16,000 cuts. AI efficiency and halted Blue Jay robot cited as reasons.
Tesla's UK sales fell to 2,422 vehicles in February, down 37% YoY, as Chinese rivals like BYD see surging EV demand despite Tesla still leading in total volumes.
Morgan Stanley has laid off 2,500 employees to streamline for AI, despite record 2025 revenue. The cuts span major divisions but spare advisors.
Anthropic and the DoD have resumed negotiations after a rift over AI safety terms and surveillance concerns, despite recent supply-chain risk threats.
DHL forecasts 2026 EBIT slightly below expectations amid weak global demand and trade disruptions; shares fall 3%.
Ford recalls 604,533 vehicles over faulty windshield wipers and 11,431 for driveshaft issues, per NHTSA. Free repairs offered.
Nvidia CEO Jensen Huang says its latest investments in OpenAI and Anthropic may be the last as both AI firms prepare for IPOs.
Xiaomi tests humanoid robots in car production, completing assembly tasks autonomously with 90% success, aiming to expand use over five years.
Deutsche Bank's AI warns AI could disrupt finance and tech jobs, hitting wealth management, trading, and data roles, while boosting GDP and productivity.
China reached its 2025 GDP target of 5%, aided by record trade surplus, but quarterly growth fell to a three-year low amid weak domestic demand.
Turkey's ruling party proposes a 10% tax on crypto gains, letting the president adjust rates 0–20%, impacting investors and trading platforms.
Chinese firms' Iran deals stall after US-Israel strikes, halting shipments and payments, putting exporters' income at risk amid rising Middle East tensions.
Ethereum posts six straight monthly losses, down 60% from its 2025 high, despite record network activity and rising transactions.
Meta signs a multi-billion-dollar deal to rent Google AI chips to power new AI models, expanding Big Tech's race to scale infrastructure.
Japan's business investment rose 6.5% in Q4, marking a fourth straight gain and supporting hopes for stronger revised GDP growth.
Roche aims for double-digit share in obesity drugs, targeting a top-three spot as it seeks to narrow the gap with Novo Nordisk.
A New York judge denied Shell's bid to overturn an arbitration win for Venture Global over LNG sales, backing the prior ruling.
OpenAI CEO Sam Altman said the Pentagon deal was rushed and looked opportunistic, adding limits on surveillance and barring intelligence agency use.
Oil jumps as U.S.–Iran conflict grows, threatening trade, inflation and Fed rate plans despite strong U.S. growth outlook.
Disruption near the Strait of Hormuz has lifted oil and gas prices, raising inflation risks for Europe and complicating policy for the European Central Bank and Bank of England.
Apple is in talks with ICICI Bank, HDFC Bank and Axis Bank to launch Apple Pay in India by mid-2026, supporting UPI and cards, entering a market dominated by Google Pay and PhonePe.
ASML plans advanced packaging and larger chip systems, using AI to boost performance, targeting the growing market for sophisticated AI processors.
Toyota boosts its bid for Toyota Industries to $30 billion, ending a months-long standoff with activist fund Elliott and addressing minority shareholder concerns.