CEO Financial News

Airlines expect a strong tailwind from travel demand in 2025, even as the industry faces a capacity crunch

Subscribe to enjoy similar stories. Tech giants have spent billions of dollars on the premise that bigger is better in artificial intelligence. DeepSeek’s breakthrough shows smaller can be just as good.

Subscribe to enjoy similar stories. Meta Platforms unveiled plans to make artificial intelligence more personalized this year, and Microsoft predicted “exponentially more demand" for AI products. The tech giants on Wednesday talked up their AI strategies and said they are sticking with ambitious investments in the technology despite the investor panic this week over the rise of DeepSeek.

ASML's CEO on Wednesday made the case that the advent of efficient AI models such as one China's DeepSeek has launched is a net positive for chip markets.

Vodafone has achieved a groundbreaking milestone by making the world’s first video call via satellite using a regular smartphone. The call was placed from a remote location in the Welsh mountains, where there was no network signal, to the company’s CEO, Margherita Della Valle. This innovation marks a major step toward universal digital connectivity, with Vodafone planning to roll out the technology across Europe later this year and in 2026.

I had purchased Star Assure insurance policy, with a coverage of Rs 20 lakh, from Star Health. I ported to HDFC Ergo Optima Secure policy in August 2024 with a base cover of Rs 15 lakh. The reduction in the amount was because of a feature in Optima Secure that increases the coverage after a year. I had also taken a Super Surplus (top up) policy of Rs 1 crore from Star Health in May 2024 with a defined limit of Rs 20 lakh. Do I need a deductible of Rs 15 lakh in the Super Surplus (top up) given the change in base cover of the primary policy? Is it fine to have a top-up policy from a different insurance company? Sarbvir Singh Joint Group CEO, PB Fintech: The question highlights two crucial aspects of managing health insurance effectively—aligning top-up coverage with the base policy, and the practicality of having base and top-up policies from different insurers.

The Authors Guild has set up an online portal for members to certify that their books “emanated from the human intellect” and not from artificial intelligence

Norfolk Southern's solid fourth quarter — combined with the optimism the railroad is hearing from their customers and support they’re getting from Washington D

An aircraft developed by Boom Supersonic has become the first independently funded jet to break the sound barrier

IndiGo's Chief Executive Officer, Pieter Elbers, recently made a significant visit to the Mahakumbh Mela in Prayagraj over the weekend, joining an enormous crowd of devotees and spiritual seekers at what is recognized as the largest religious gathering in the world. The Mahakumbh of 2025 holds extraordinary importance, as it is taking place after a span of 144 years under a unique and exceptionally favorable celestial configuration. The last time such an astronomical alignment occurred was in 1881, making this event an incredibly rare occasion for saints and pilgrims alike.

DoubleLine Capital CEO Jeffrey Gundlach said Wednesday he expects only one rate cut for 2025 — two reductions at most — as the Federal Reserve patiently awaits incoming data to assess the state of the labor market and inflation.

As the dust settles on the revelation that HSBC iswinding down its M&A and equity capital markets (ECM) businesses everywhere but Asia and the Middle East, it's becoming apparent that almost no one in the firm had any idea what was about to hit them. 

HSBC is winding down itsM&A and equity capital markets (ECM) businesses in Europe and the US. While insiders purport to be surprised, the closures have an air of inevitability. HSBC's bankers are peculiarly unproductive in terms of revenues per head. In the Americas, Dealogic says HSBC ranked outside the top 10 for M&A and ECM last year. In Europe, it squeezed in with a ninth position in ECM, down from 7th in 2023. 

If you thought soaring profitability and revenues were a shoo-in for soaring bonuses, sorry. As we noted a few weeks ago, this has not been the case for 2024. At Goldman Sachs, for example, profitability and revenues rose by 68% and 16% respectively in 2024, but spending on pay rose by 8%. 

Boeing CEO Kelly Ortberg reportedly revealed that Tesla CEO Elon Musk and the Department of Government Efficiency (DOGE) are eventually collaborating to expedite the delivery of the next Air Force One aircraft, reported Business Insider. The project which is known as the VC-25B has been totally plagued by significant challenges which includes over $2 billion in losses and substantial delays.

Fund posted a full-year profit of 2.5 trillion kroner ($222.4 billion) on Wednesday, as per a report.

Blueleaf Energy has agreed to acquire a significant stake in Jakson Green's 1 GW solar energy portfolio for an enterprise value of $400 million.

Vivek Ramaswamy eventually discussed regarding his departure from the Department of Government Efficiency (DOGE) which he was co-leading with Tesla CEO Elon Musk under the administration of US President Donald Trump. The Hill reported that Vivek Ramaswamy claimed that his exit was actually a mutual decision which was driven by his intention to pursue elected office in the state Ohio.

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Tesla CEO Elon Musk has clashed with one of Tesla’s top investors Nicolai Tangen, the CEO of Norway's sovereign wealth fund, as per a report.

Subscribe to enjoy similar stories. It’s impossible to look at the Chinese artificial intelligence startup DeepSeek’s new AI model without comparing it against OpenAI, the dominant American rival. DeepSeek has touted its latest AI model, R1, is particularly good at problem solving, performing on par with OpenAI’s o1 reasoning model—but at a fraction of the cost per use.