race
Ukrainian companies are increasing the production of fiber-optic drones.The drones can’t be jammed with traditional electronic warfare, making them a huge threat in combat.BI spoke with several people involved in the effort to scale up production to keep pace with Russia.Drones radically changed the Ukraine war. Soldiers then learned to…
By Federico Maccioni, Hadeel Al Sayegh and Andres Gonzalez DUBAI/LONDON (Reuters) – Etihad Airways and flynas are gearing up to list on local stock markets this year, marking the first IPOs by Gulf carriers in nearly two decades, with Etihad sounding out investors next week ahead of a potential sale…
Investing.com — Amazon (NASDAQ:), with approximately a 40% market share, continues to dominate US e-commerce due to its appealing Prime service, which offers fast, free shipping and a vast product assortment through its marketplace. But despite Amazon’s strong position, Bernstein analysts believe Walmart (NYSE:) has the potential to take the…
McKinsey helps banks and financial institutions with their generative AI efforts.It outlined the dos and don’ts of seeing a return on AI investments in a report.Business Insider spoke with McKinsey’s Larry Lerner about what will separate winners and losers.The bill is coming due for Wall Street banks’ AI investments.It’s been…
British Airways unveiled a new first-class suite on Monday.Other airlines like Lufthansa and Qantas are also taking in-flight luxury to new levels.Premium cabins have been more profitable for airlines since the pandemic.Airlines are doubling down on their most expensive tickets as premium cabins become more lucrative.On Monday, British Airways became…
The high demand for advanced semiconductors is increasing tensions between the US and China.Production power is key to the conflict, but tensions have shifted to the supply of raw materials.Supply chain and foreign relations experts told BI why the AI race is similar to a new Cold War. In the…
TeamViewer’s Session Insights tool uses generative AI to summarize remote IT-support sessions.The company, based in Germany, must ensure its AI features are secure, private, and GDPR-compliant.This article is part of “CXO AI Playbook” — straight talk from business leaders on how they’re testing and using AI. TeamViewer, a software-development company…
By Naveen Thukral and Emily Chow SINGAPORE (Reuters) – Commodities from oil to metals and grains slid on Wednesday as the dollar strengthened, with investors increasingly pricing in that Donald Trump will win the U.S. presidential election. Trump has won the 270 electoral votes needed to claim victory over challenger…
The marquee Montana US Senate election between Tim Sheehy and Jon Tester is on Tuesday.Sheehy is still addressing a gunshot wound incident that shook up the race earlier this year.The Senate race could determine whether Democrats retain their majority in the chamber. Tim Sheehy, the Republican US Senate nominee in…
Germany’s automotive industry is facing an increasingly difficult outlook.Volkswagen may close factories in Germany for the first time, and BMW and Mercedes-Benz are struggling.Experts told BI that all three companies face slumping EV sales and brutal competition in China. Germany’s car giants were once the envy of the world, but…