GIC Seeks to Sell Hilton Hotel in Japan for Over $580 Million
* Singapore wealth fund bought the Fukuoka hotel in 2007 * Hotels are drawing investors in Japan as tourism rebounds
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Toyota aims to produce about 10.3 mln vehicles globally in 2024 - Nikkei
Toyota Motor plans to produce about 10.3 million vehicles globally in 2024, renewing its record annual production for the second consecutive year, the Nikkei reported on Monday.
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6 opportunities for investment in services to drive future growth
Investment into services accounts for 72% of the total foreign direct investment stock. Public-private collaboration is needed to update services regulatory frameworks and help grow investment. These six transformations can create new opportunities for investments into services.
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Price Wars Help Spark $157 Billion Rout in China Consumer Stocks
The seemingly relentless decline in prices of Chinese goods amid tepid consumer demand is denting expectations that corporate earnings can revive the flagging stock market.
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BlackRock agrees to buy Adebayo Ogunlesi’s Global Infrastructure Partners for about $12.5 billion
BlackRock Buys Infrastructure Firm GIP for $12.5 Billion in Major Alternatives Push BlackRock Inc. agreed to buy Adebayo Ogunlesi’s Global Infrastructure Partners for about $12.5 billion, vaulting the world’s biggest money manager into the top ranks of investors that make long-term bets on energy, transportation and digital infrastructure.
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We often hear that AI will take our jobs. But what jobs will it create?
* AI is expected to create new fields of work and lead to large expansion in others * A new World Economic Forum white paper, Jobs of Tomorrow: Large Language Models and Jobs, highlights three of these areas. * It says opportunities are likely to rise fastest for AI ‘trainers’, ‘explainers’ and ‘sustainers’. l
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Vulcan Rocket Launches Peregrine 1 In First U.S. Attempt To Land On The Moon In Over 50 Years
The U.S.’ first attempt to put a lander on the moon in more than 50 years blasted off Monday morning, with a private company successfully launching a commercial lander—containing NASA appliances—from Cape Canaveral, amid a reignited global race to explore the lunar surface.
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Amazon and BMW are replacing the driver's manual with AI
This follows a partnership to build a custom chatbot using Alexa as a framework.
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'Decade of wasted opportunity' could follow pandemic, World Bank warns
The global economy is dragging along at growth rates slower than previous decades
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Hong Kong banks fight for deposits with 5% rates, air miles
With rates poised to fall, customers drawn to term deposits. Investors also flock to deposits amid poor stock market return
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