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Business

UK Regulator Declares Microsoft-OpenAI Partnership Not a Merger, Ending Inquiry

The UK's Competition and Markets Authority has concluded that Microsoft's partnership with OpenAI does not qualify as a merger, ending the inquiry that began in December 2023. The ...

Business

Air India Terminates Trainer; 10 Pilots Grounded Amid Training Scandal

Air India has terminated a simulator trainer pilot following allegations of improper training practices. Ten pilots trained by him have been grounded as investigations continue. Th...

Business

UK Regulator Clears Microsoft-OpenAI Partnership from Merger Scrutiny

The UK's Competition and Markets Authority (CMA) has determined that Microsoft's partnership with OpenAI does not qualify as a merger, concluding an inquiry that began in December ...

Business

UK Regulator Clears Microsoft-OpenAI Partnership: A New Era for AI Governance?

The UK's Competition and Markets Authority has determined that Microsoft's partnership with OpenAI does not qualify as a merger, concluding a review that began in December 2023. Th...

Business

Bayer's Stock Soars 4.7% Following Impressive Q4 Earnings Surpassing Expectations

Bayer AG's stock rose 4.7% after announcing Q4 2024 earnings exceeding expectations, with €1.9 billion EBITDA and €11.7 billion sales. Despite a tough 2025 forecast, the company an...

Business

Bayer Reports a Slight Dip in Q4 Sales to €11.7 Billion Amid Challenging Year

Bayer AG announced a 1% decrease in Q4 sales to €11.7 billion, with a full-year drop of 2.2% to €46.6 billion. Despite a challenging year, the company saw a quarterly net income im...

Business

Darwinbox Secures $140M in Funding Led by Partners Group & KKR, Valuing Over $1 Billion

Darwinbox, a Hyderabad-based HRTech startup, has raised $140 million in a funding round co-led by Partners Group and KKR, valuing the company at over $1 billion. The investment aim...

Business

Adidas Achieves a Stunning 24% Sales Surge to €5.96 Billion in Q4 2024

Adidas AG reports a 24% increase in net sales to €5.96 billion in Q4 2024, with a significant improvement in operating profit and a positive outlook for 2025. CEO Bjorn Gulden expr...