Deputy governor Sarah Breeden says autonomous trading agents could amplify volatility if they all react the same way at once, and may demand new rules. The nightmare a central banker describes is rarely a crash. It is a feedback loop. Speaking at the E…
A new institute at Penn’s Basser Center will use artificial intelligence and biomarkers to intercept hereditary cancers at their earliest stages, before they become disease. The idea behind the gift is unusual enough to need its own word. Most cancer p…
The payments giant’s midyear outlook forecasts 2.4% global growth in 2026, crediting an investment boom and online price competition for absorbing the strain of higher energy costs. The company that sees a slice of nearly every card swipe on the planet…
A guidance cut from Concentrix dragged the sector down and hardened a fear that automated agents are eroding the business of answering the phone. The fear that artificial intelligence would hollow out the call-centre business has been hanging over the …
David Hardoon, who left Standard Chartered after less than a year, will lead advanced AI for the region at a consultancy betting heavily on enterprise adoption. The corporate AI leadership market moves quickly enough that a year now counts as a tenure….
Dina Gazzella is 85, and on her wrist is a small black band that looks like a watch and does rather more than tell the time. “If I feel unwell, this is a lifesaver,” she told Reuters. In a summer that has turned lethal across Europe, that is not a figu…
For years Prosus was, in effect, a single bet wearing the costume of a diversified investor: a sprawling portfolio whose value rose and fell with one Chinese asset. Its latest results suggest the costume is becoming the company. Prosus reported revenue…
The maker of the autonomous Chaparral is in advanced talks to go public through a blank-cheque merger valuing the combined company at about $1bn. The SPAC, declared dead more than once over the past few years, keeps finding new uses, and the latest is …
For more than a year, the legal action in the Sarah Wynn-Williams affair ran one way: Meta against its former executive. That has now reversed. Sarah Wynn-Williams, the author of the Meta memoir Careless People, is suing the company over its efforts to…
For one week every June, the advertising industry decamps to the French Riviera to take its own temperature. The Cannes Lions International Festival of Creativity, now in its 72nd year, ran from 16 to 20 June 2025 and drew roughly 15,000 delegates from…