TOKYO: Japanese investment giant SoftBank reported narrower first-quarter losses on Wednesday and announced a major share buyback to reassure investors and help finance a pivot into artificial intelligence.

KUWAIT: Gulf Bank is excited to announce the continuation of its “GB Talks” series, reaffirming its commitment to fostering innovation and creativity among its employees and the community.

SINGAPORE: Global stock and bond markets, in particular Japan’s, are being rocked by an unwinding of the hugely popular yen carry trade.

SAN FRANCISCO: For US chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. About seven years ago, the company had the chance to buy a stake in OpenAI, then a fledgling non-profit research organization working in a little-known field called generative artificial intelligence, four people with direct knowledge of those discussions told Reuters.

WASHINGTON: Boeing said on Tuesday it plans to make design changes to prevent a future mid-air cabin panel blowout like the one in an Alaska Airlines 737 MAX 9 flight in January that spun the planemaker into its second major crisis in recent years.

KUWAIT: A report released by Almowazi Financial and Economic Consulting Services Company highlighted that despite the global economic challenges indirectly affecting the Kuwaiti economy and local market, the Boursa Kuwait OTC platform for unlisted companies demonstrated resilience and growth for the year of 2023.

KUWAIT: Zain Group, a leading provider of innovative technologies and digital lifestyle communications operating in eight markets across the Middle East and Africa, announced its consolidated financial results for Q2 and six months ended June 30, 2024.

TOKYO: A day after the Tokyo stock market had its biggest fall since 1987, Yuri Sekiya decided it was time to heed Prime Minister Fumio Kishida’s longstanding call for Japanese citizens to invest more of their $15 trillion in household assets.

BEIJING: China’s exports grew slightly slower than expected in July while imports surged, official figures showed Wednesday, as the world’s second-largest economy charts an uneven recovery.