UBS reported a profit rise in its second-quarter earnings Wednesday, as CEO Sergio Ermotti warned that geopolitical volatility could create fresh headwinds up ahead. The Swiss banking and wealth management giant's net profit attributable to shareholders came …
ING Groep NV is hedging credit risk on about $10 billion of loans via significant risk transfers as banks worldwide bolster their use of the instruments to free up capacity for new lending.
Accuris has announced new AI capabilities for BOM Intelligence, part of its Supply Chain Intelligence suite. The launch gives engineering, procurement and supply chain teams a clearer way to move from spotting component risk to acting on it: catching obsolesc…
Cheap AI from China could be pushed out of reach by politics. Washington accuses Moonshot of siphoning off Anthropic's Fable and is floating restrictions on Kimi K3 and DeepSeek. Nothing has been decided, and the evidence is missing. What the agencies actuall…
When connected with relevant context, agents can increase organizational efficiency and reduce spending. When left to guess, they can cause significant harm.
