A partner at Freshfields said a lack of “sophisticated investors” in the region meant the leading firm would have to look elsewhere for investors in its AI lab.

#middle-east #freshfields

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Nick Scali falls victim to housing downturn as furniture sales slump

World News

3w ago

Nick Scali falls victim to housing downturn as furniture sales slump

The furniture retailer says its first-half profit could be up to 32 per cent below the previous year, sending the company’s shares into freefall.

#nick-scali #furniture #downturn

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AI just discovered a bug putting 70pc of world’s websites at risk

World News

3w ago

AI just discovered a bug putting 70pc of world’s websites at risk

Australian government agencies are scrambling to patch vulnerabilities in the language that runs the majority of web servers around the world.

#cybersecurity #bug #discovered

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How Graham Turner’s cost-cutting mistake almost grounded Flight Centre

World News

3w ago

How Graham Turner’s cost-cutting mistake almost grounded Flight Centre

Sometimes strategies aimed at helping end up causing havoc, as a former insider at Flight Centre reveals in an edited extract of her new book.

#flight #graham #turner

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‘The Andy Warhol of Japan’ is staging his biggest ever show in Sydney

World News

3w ago

‘The Andy Warhol of Japan’ is staging his biggest ever show in Sydney

Known for bridging high art with commercial culture, Takashi Murakami is bringing his biggest-ever global exhibition to Sydney.

#japan #sydney #takashi

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Big super investor council under own fire for AGM season

World News

3w ago

Big super investor council under own fire for AGM season

The long-time head of governance at the Australian Council of Superannuation Investors has abruptly left, leading to disquiet among major retirement funds.

#agm #superannuation #australia

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Three global forces could disrupt Australia’s trajectory to 2050

World News

3w ago

Three global forces could disrupt Australia’s trajectory to 2050

While there are many enhancements available in domestic policy, none rival the challenges of economic statecraft to maintain ties with both China and the US.

#australia #china

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World News

3w ago

Last days of Rome around Ben Carroll

At least if the Victorian Labor government goes down, the premier’s loved ones will be by his side.

#rome #carroll #victorian

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Tesla-SpaceX merger could unleash $240b in passive flows

World News

3w ago

Tesla-SpaceX merger could unleash $240b in passive flows

Local investors who hold shares in both companies believe the combined group’s share price would receive a huge boost from passive funds.

#tesla #space #spacex

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‘Someone did a Ned Kelly on us’: Highway robbery at art sale

World News

3w ago

‘Someone did a Ned Kelly on us’: Highway robbery at art sale

It was the biggest single-owner art auction in Australia in years, but hopes of $10 million in sales foundered as buyers walked away with ‘bargains’.

#ned-kelly #highway #australia

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$3b gone in 40 minutes: Inside the NextDC bloodbath

World News

3w ago

$3b gone in 40 minutes: Inside the NextDC bloodbath

NextDC’s savage share price sell-off is more evidence the country’s much-hyped AI infrastructure sector is bleeding. Two more big tests loom in the coming months.

#nextdc #bloodbath #sector

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Oil price tipped to hit $US150 if Iran war drags on

World News

3w ago

Oil price tipped to hit $US150 if Iran war drags on

Gulf tensions and American elections could drive crude higher by next year, threatening higher inflation and a potential recession in the US, strategists warn.

#s150 #iran

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