Top Business & Finance news

1.SoftBank Invests $2 B in Intel Amid Rescue Push

              SoftBank Group is taking a bold bet on Intel with a fresh $2 billion investment, aiming to support the chipmaker alongside government-led aid efforts. Meanwhile, in media, MSNBC is rebranding to MS NOW, Newsmax settled a defamation case for $67M, Chinese markets surged to decade highs, and novel developments include labor unrest in Canada and strategic moves by companies like Novo Nordisk and Starbucks.

2.Tech Spending Slashed: Global Forecast Downgraded

           Global technology expenditure for 2025 is now expected to fall short of the $6 trillion benchmark, as businesses reel from the effects of U.S. tariffs and rising economic uncertainty.

3. AI Disrupts Financial Advice

            AI tools are rapidly reshaping financial advisory services especially mass-market advice. In Australia, 74% of advisers now deploy AI tools, exceeding the global average of 64%. The Commonwealth Bank of Australia is leading the charge by integrating AI via chatbots and a major OpenAI partnership. While complex advisory for high-net-worth clients may still rely on humans, broader financial guidance is tipping toward automation.