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Macau, the world’s largest gambling hub, hopes to move from being a “tourism city” to a “business city,” according to the head of the Chinese city’s trade and investment promotion arm. Speaking at the Fortune Leaders Forum in Macau on Sept. 8, Alex Che Weng Keong, president of the board of directors of the Commerce…
The film’s explosive success shows how new leaders can step up to the plate when given the opportunity.
UBS’s clearing arm reported $1.9 billion of customer funds for swaps clearing at the end of August, an increase of 76.7% from a month earlier. The bulk of the rise came in the second half of the month, during which customer funds at UBS Securities – the bank’s futures commission merchant (FCM) – climbed by…
Microsoft AI CEO Mustafa Suleyman pressed for the need for artificial intelligence models to stay aligned to humanity’s interests after OpenAI disclosed more incidents of “concerning model behavior” earlier this week. “OpenAI released a new safety incident in which they found evidence that these chains of thought, the kind of working memory of the AI,…
2026-07-29T15:34:11.828Z What is the economic background of this month’s decision? Alongside inflation, the MPC also looks at other economic metrics to help inform their decisions. One key measurement is the state of the labour market. In the orthodox view of economics, a poorly-performing labour market pushes down inflation as higher unemployment and slow wage growth…