Economic and event calendar in Asia Tuesday, July 14, 2026
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Bloomberg sources said the deal values the business at $2.8bn. Credit: MAFPHOTOART8/ Shutterstock.com. An investor consortium led by B Capital and including California Public Employees’ Retirement System (CalPERS) have sealed a deal to buy Russell Investments from TA Associates and Reverence Capital Partners. Bloomberg sources said the deal values the business at $2.8bn . Access…
Businesses and governments managed to keep energy prices from skyrocketing as much as feared during the Iran war by leaning into a “just-in-time” delivery system that harnesses innovations in digital and satellite technology and that reduces the need to stockpile barrels of oil. Call it the “Amazon of oil,” said Jim Wicklund, a veteran oil…
Meta CTO Andrew Bosworth shed new light on the data leak that made the company pause its unpopular Model Capability Initiative. In an interview with The Atlantic CEO Nicholas Thompson, released on Wednesday, Bosworth spoke about why Meta paused the AI training program that involved tracking employee keystrokes. The interview was filmed in late June….
Wondering if you qualify for an easy business loan in Australia? This guide covers exactly what lenders look for, and how Prospa makes the process straightforward. Most owners don’t avoid borrowing because they don’t need funding. They avoid it because it often means digging up two years of tax returns, a business plan, and bank…
Business loan payback periods and ROI are related because the payback period influences the total cost of the loan and how much the monthly payment is, which impacts a company’s cash flows. The ROI from a business loan comes from this equation: ROI = (Return – Cost) / Cost With this said, a full and detailed analysis…
The New York Times, the Daily News and other media outlets are asking a federal judge to impose sanctions on OpenAI, escalating a fight over artificial intelligence and copyright that could shape the future of a struggling news industry.The newspapers allege the ChatGPT maker is hiding evidence important to what could be a landmark copyright…