Russia may take over Toyota plant in St Petersburg: State media
Russian trade minister quoted as saying transfer of factory ‘being considered’.
Economy
Global bank crisis fears ease after billion-dollar lifelines
Asian stock markets rise after moves to shore up confidence in troubled banks in Europe and the United States.
Pornhub owner MindGeek bought by Canadian private equity firm
Sale of adult site comes after controversy over hosting of child abuse material and other non-consenual content.
Credit Suisse and First Republic are the latest banks in peril. What’s happening?
Credit Suisse and First Republic Bank are now in the spotlight after the collapse of Silicon Valley Bank. Why is risk spreading to bank after bank?
European Central Bank hikes rates 50 basis points despite banking turmoil
The European Central Bank forged ahead with a half-percentage-point increase to its benchmark interest rate on Thursday amid global banking uncertainty.
China’s Baidu unveils ChatGPT rival Ernie
Investors give cool response to pre-recorded event showing off AI chatbot’s capabilities.
Apple supplier Foxconn plans $200m factory in India, sources say
Source says Taiwan firm will invest more than $200m in the new AirPod plant in the southern Indian state of Telangana.
Saudi Arabia says investments in Iran could happen very quickly following Tehran-Riyadh deal
Saudi Arabia’s Finance Minister Mohammed al-Jadaan said on Wednesday that Saudi investments in Iran could happen “very quickly” following an agreement between the two nations.
Saudi Arabia threatens oil embargo in event of price cap
Saudi Minister of Energy Prince Abdulaziz bin Salman al-Saud at the Future Sustainability Summit at Abu Dhabi National Exhibition Centre, January 14, 2020. © AFP / Karim Sahib Source: RTWestern policies in relation to Russian crude risk major unc…
OpenAI unveils ChatGPT successor with ‘human-level’ performance
GPT-4 capable of passing bar exam with a score in the top 10 percent of applicants, California-based firm says.