Fri 30 Oct
LiveGet it free
ZOTPAPER

News without the noise

Business

Business news from Australia and around the world: companies, deals, earnings, regulation and the people running them.

1807 articles · page 18 of 38

AllStartups
Viewgridlistcompact
Business

IMF warns government bond yields risk disorderly spike amid debt, inflation and AI borrowing

The International Monetary Fund warned Tuesday that government bond yields could rise in a disorderly fashion, driven by rising inflation, mounting public debt and a surge in borrowing by AI companies that is competing with sovereign bonds for investor capital. The warning came in the IMF's latest Global Financial Stability Report, released during the IMF-World Bank annual meetings in Bangkok, Thailand, where over 18,000 delegates gathered to discuss the global economy and financial system.

·2 min·2 sources
Business

IMF warns AI share crash could put global financial stability at risk

The International Monetary Fund has warned that a crash in AI-related share prices could ripple across global markets, putting world financial stability at risk. In its twice-yearly Global Financial Stability Report, the fund said sky-high valuations for AI companies, along with their growing debt, were a key reason risks in the financial system are elevated. An AI correction was one of three salient risks identified, alongside rising government borrowing costs and the threat of a major cyber-attack.

·2 min·3 sources
Business

IMF warns AI spending frenzy and depleted oil buffers threaten global financial stability

The International Monetary Fund has warned that the artificial intelligence investment boom could end in a sharp correction that spreads beyond the tech sector, as it also cautioned that depleted emergency oil stocks and high government debt are leaving the global economy dangerously exposed to further shocks. The warnings came in two reports released on Tuesday at the IMF and World Bank annual meetings in Bangkok.

·3 min·3 sources
Business

Fed’s Hammack warns higher rates may be needed to prevent ‘inflationary mindset’

Cleveland Federal Reserve President Beth Hammack said Monday that tighter monetary policy might be necessary to bring down inflation, warning that persistently elevated prices risk entrenching an ‘inflationary mindset’ in the economy. Speaking at the National Association for Business Economics annual gathering, Hammack advocated for making smaller, incremental adjustments relatively quickly rather than delaying and risking a larger course correction.

·2 min
Startups

Honeyjar brings AI to PR and communications, launching at TechCrunch Disrupt

Honeyjar, an AI-powered platform designed to make public relations expertise accessible to everyone, is launching this week as part of the Startup Battlefield 200 at TechCrunch Disrupt. Founded by PR veterans Michelle Masek and Nadia Jamshidi, the startup automates tasks such as writing announcements, building media lists, and identifying speaking opportunities, with the broader goal of bringing the entire communications workflow into one AI-driven system.

·2 min·2 sources
Business

Digger losses widen to $245m, cementing Tom Cruise film as one of Hollywood's biggest flops

Tom Cruise's Digger is now on course to lose an estimated $245m, a figure that would place it among the most catastrophic financial failures in Hollywood history, after the film's box office takings collapsed by 60% in its second weekend. Analysts now expect the satirical black comedy, directed by Alejandro G Iñárritu, to end its theatrical run with approximately $50m worldwide, far below the break-even point of $300m to $350m cited by the studio and industry estimates.

·3 min·3 sources
Startups

Ultrahuman partners with Abu Dhabi to bring biological-age model to UAE

Ultrahuman, the Bengaluru-based health tech startup best known for its smart rings, has signed a two-year memorandum of understanding with the Abu Dhabi Public Health Center (ADPHC) to develop and validate a biological-age model. The model, which combines clinical biomarkers with wearable device data, will eventually be available to people across the United Arab Emirates through government digital health platforms, the company announced Monday.

·2 min·2 sources
Business

Amazon's million-strong robot fleet expands, raising questions for human warehouse workers

Amazon now operates more than 1 million robots in its warehouses around the clock and is preparing to expand that fleet with new factories, even as it remains one of the world's largest employers. The company says the robots take on the most physically demanding tasks, but labor advocates and researchers warn that collaborative automation can also let machines dictate the pace of human work.

·2 min