Spanish beauty group Puig buys remaining ISDIN stake in €1.20 billion deal
Spanish beauty group Puig buys remaining ISDIN stake in €1.20 billion deal
Spanish beauty group Puig buys remaining ISDIN stake in €1.20 billion deal
More AI trillionsYou know things have reached a point when more than $2 trillion in investing can be announced in one week and nobody’s even really talking about it. Processing Content This week, three major banks announced three major investment consortiums, all to fund the AI infrastructure buildout. Bank of America announced a $250 billion…
One of the most common questions I get from young professionals is about promotions. How do you get noticed? What gets you ahead? How do you position yourself for bigger roles? I’ve watched lots of careers develop over the years. Some people rocket up the ladder while others with similar talent stay stuck. There’s a…
MSCI’s research head, Ashley Lester, said emerging markets no longer offer the diversification investors once looked for, now that extremely large AI-related companies, particularly in AI hardware, dominate them. “They’re right in the centre of the AI boom,” he said. The scale of the move was stark. Samsung Electronics and SK Hynix had led the KOSPI’s earlier…
Twenty-six employees at Meta who were recently laid off made a bold claim in a lawsuit last week: They alleged the company had used AI to select people for layoffs, disproportionately impacting people who had taken leave or those with disabilities. The lawsuit identified a number of factors that the plaintiffs claimed had influenced the…
Payment solutions provider Melio, which small business accounting platform Xero bought last year (see previous story), will be expanding into expense management as well as opening up its payment API which will allow anyone to access its payment capacities. Matan Bar, CEO of Melio as well as the CEO of Xero North America, made these…
The investment bank provides a boost to Europe’s energy sector with a massive export credit framework for Enel. Citi is once again using export credit agencies as a financing engine for Europe’s energy transition. The investment bank announced Thursday that it served as sole global coordinator on a €1 billion export financing framework for Rome-based…