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Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a foreign firm that comes amid rising credit defaults and China's deepening property sector crisis.
A second mansion in Hong Kong that once belonged to China Evergrande Group's chairman has been put up for sale by its receivers, according to property agent Savills.
India has approved building three semiconductor plants with investments of more than $15 billion as the country aims to become a major chip hub.
TOKYO (AP) — Japanese authorities said they were forced to abandon plans Thursday to send in drones for a second day to probe one of the damaged reactors at the Fukushima Daiichi nuclear power plant because of equipment failure.
Figure AI, a startup working to build humanoid robots that can perform dangerous and undesirable jobs, just got a big vote of confidence from some of the largest names in artificial intelligence.
In a memo Tuesday evening, Google CEO Sundar Pichai addressed the company’s artificial intelligence mistakes, which led to Google taking its Gemini image-generation feature offline for further testing.
Alibaba's cloud business on Thursday said it is cutting prices on a wide range of core cloud products by as much as 55%, in a bid to fuel AI growth in China.
India and South Africa have filed a formal objection against an investment agreement at a World Trade Organization meeting in Abu Dhabi, blocking its adoption in a move that observers say could block hundreds of billions of dollars in investment.