McKinsey to find investment arm
Barclays has tapped global consultancy giant McKinsey in a bid to identify cost-saving areas across its investment banking arm. The FTSE 100 bank is looking to simplify its investment bank,…
Cerberus acquires Citi’s retail arm
Cerberus Capital Management has agreed to acquire the retail banking operations of Citi’s Bank Handlowy SA through its local platform, VeloBank SA. Cerberus Capital Management LP’s Polish unit agreed to…
Google arms developers with fresh AI models
Google unveiled a flood of AI announcements during I/O 2025 designed to arm developers with next-generation models and tools. Mat Velloso, VP of Product for the AI Developer Platform at…
The Arm Evolution: From IP to Platform
The Arm Evolution: From IP to Platform for the AI Era. The future of AI compute is being built on Arm. AI continues to transform every major market — from…
COP29 Declaration – Baku
In a pivotal gathering at the Palais des Nations, Azerbaijan’s COP29 Presidency and chair country of the recently established Baku Continuity Coalition on Urban, Multisectoral and Multilevel Climate Action, in…
Oscar Piastri beats Max Verstappen
Australian Oscar Piastri won the Saudi Arabian Grand Prix on Sunday to take the lead in the Formula One world championship from McLaren teammate Lando Norris with his third win…
Circuit Racing or Rallying?
In WRC, drivers must adapt to ever-changing surfaces, master the art of pace notes, and handle the unpredictability of the elements. On the circuit, precision, consistency, and wheel-to-wheel racing are…
Carre Arms Re-branding Unveiled
Westfield inks banking arm deal to prioritize P&C expansion. CEO cites momentum in insurance platforms and plans to reinvest in profitable underwriting. Westfield, a property and casualty insurance group, has…
Hyundai outscores Toyota in Kenya
Here, fans, party goers, spectators, motorsports enthusiasts, families, and government officials, jostled to have a glimpse of the third leg of the 2025 World Rally Championship (WRC), the Safari Rally.…
Welshman Elfyn wins the Safari Rally 2025
The 36-year-old Toyota driver recorded back-to-back victories for the first time, finishing more than a minute ahead of Estonian Ott Tanak.Hyundai’s Tanak led the race before breaking a driveshaft on…