TOKYO, Oct 5 : Bank of Japan Deputy Governor Shinichi Uchida said the global AI boom may have eased financial conditions by stoking demand and boosting asset prices, but warned of the risk of a market pullback if expected profits fail to materialize."It is a big positive demand shock, which has put upward pre
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Oct 5 : France's Schneider Electric struck its biggest deal ever on Monday, agreeing to buy PTC in an all-cash deal valuing the US software company's equity at around $22.6 billion, it said in a statement.The $205-per-share offer implies an enterprise value of $23.7 billion for Boston-based PTC and represents
Oct 5 : India's Nifty IT Index advanced about 1.5 per cent on Monday after IT services giant Accenture forecast stronger-than-expected annual revenue growth, lifting sentiment toward the sector and easing concerns that AI-driven disruption could weigh on technology spending.
Oct 5 : India's Nifty IT Index rose roughly 1.6 per cent on Monday after IT services firm Accenture forecast stronger-than-expected annual revenue growth, lifting sentiment toward the sector and easing concerns that AI-driven disruption could dent technology spending.Accenture's results, often viewed as a bel
The European Union has toughened its stance towards Beijing to defend businesses against what it believes is unfair competition in critical sectors including cars.
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