Alibaba will invest $53 billion (380 billion yuan) over three years to strengthen its cloud and AI infrastructure, exceeding its total AI spending over the past decade. CEO Eddie Wu called AI a ...

The European Union has imposed fresh sanctions on Russia, targeting seaborne oil exports and blacklisting 74 vessels used to circumvent previous restrictions. The move, part of the EU’s 16th sanctions ...

Despite the loss, Mercury NZ increased its interim dividend by 3% to 9.6 cents per share. The company reaffirmed its commitment to securing energy supply, advocating for governance and market ...