Finance

Ant Group, a Chinese juggernaut redefined by its association with the e-commerce titan Alibaba, is forging ahead in the competitive realm of artificial intelligence (AI) by employing a diverse array of semiconductors—from local Chinese manufacturers to U.S.-sourced components. This strategic choice is not merely about cost-effectiveness but reflects a significant pivot in the global tech
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As we navigate the increasingly complex landscape of global finance, the recent predictions by DoubleLine Capital CEO Jeffrey Gundlach signal an unsettling reality for investors. Gundlach, a prominent figure in fixed income and asset management, warned that a period of heightened volatility could soon be upon us, compounded by a looming threat of recession. His
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In a shocking yet not entirely unexpected move, Santander UK has announced that it will be closing 95 branches across the country, placing 750 employees at risk of redundancy. This decision, framed as a necessary transition toward a modernized banking approach, epitomizes the ongoing struggle between traditional banking practices and the digital transformation sweeping the
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