News

German insurance group Allianz plans to cut up to 1,800 jobs in its travel insurance division, mainly in call centres, as artificial intelligence increasingly replaces manual processes, a source familiar...

U.K. finance minister Rachel Reeves on Wednesday slashed a pensions tax perk that delivers savings to employers of Britain's highest paid workers, with the government forecast to raise an extra...

Taiwan's Foxconn said on Wednesday that it had secured regulatory approval to invest an additional $569 million in the U.S. state of Wisconsin to meet rising demand for AI servers....

Artificial intelligence firm OpenAI has projected at least 220 million of ChatGPT weekly users will pay for a subscription, The Information reported on Tuesday, citing a person familiar with the...

The number of Americans filing new applications for unemployment benefits fell to a seven-month low last week, pointing to still-low layoffs, though the labor market is struggling to generate enough...

U.S. commercial real estate transactions reached $34.6B in October, a 28% increase from September, according to new data from LightBox. Much of the momentum came from the midcap segment: transactions...

A new survey of 11–17-year-olds by International Workplace Group (IWG) shows Generation Alpha expects a workplace that looks nothing like today’s. Most respondents — 86% — anticipate their professional lives...

HP Inc said on Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline operations and adopt artificial intelligence...

Countries must act now to keep slowing population growth from wreaking havoc on their long-term economic prospects, the European Bank for Reconstruction and Development said in an annual report on...

U.S. President Donald Trump on Monday signed an executive order to launch a government-wide effort to build an integrated artificial intelligence platform to harness federal scientific datasets to train next-generation...