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Microsoft will widen the availability of its artificial intelligence-powered tool for cybersecurity professionals from April 1 and adopt a 'pay-as-you-go' strategy for the assistant, the company said on Wednesday. Soft-launched last year, 'Security Copilot' lets analysts run queries through a simple prompt box to help with tasks like summarizing incidents, analyzing vulnerabilities and sharing information with co-workers on a pinboard.

Alibaba Group plans to invest $1.1 billion in South Korea over the next three years to build a logistics center and expand businesses, South Korean news agency Yonhap reported on Thursday, citing a business strategy document of the company. The Chinese ecommerce giant plans to spend $200 million this year on building the logistics center and $100 million to help small and mid-sized South Korean firms sell their products overseas, the report said.

Godrej Properties on Thursday informed stock exchanges that it acquired a second land parcel in Hyderabad in the past one month to develop "high-quality residential projects". The real estate company acquired 3 acres of land in Kokapet near the Outer Ring Road junction close to Golden Mile Road in Hyderabad. Godrej Properties said that the development on Kokapet land is estimated to have a potential of 1.2 million square feet of saleable area comprising premium residential apartments with an estimated booking value of ₹1,300 crore.

Wealthy Americans would lose some of the tax perks they can currently access through various retirement savings accounts under the budget proposed Monday by President Joe Biden.

BJP seems to have opted for two different strategies to deal with Jats, one of the politically powerful communities and a tricky vote segment in north India for political parties. While BJP would try to consolidate Jat votes in Uttar Pradesh, it expects to reap the benefit from the community's vote division in Haryana. In recent weeks, Jat politics has seen Jayant Chaudhary-led RLD dumping its alliance with SP and aligning with BJP in Uttar Pradesh. However, BJP did not hesitate to easily break its alliance with JJP, a party like RLD in Haryana. While BJP shared two seats with RLD, including Baghpat which it won last time, it was not willing to accommodate an ally of over last four years, JJP, in the neighbouring state by giving it two Lok Sabha seats which it was seeking. BJP insiders attribute the different approach to the different political dynamics in the states. In Western UP, Muslims are expected to vote against BJP and by poaching RLD from SP-Congress alliance, BJP hopes to insure itself from the threat of losing the belt. However, in Haryana, some internal surveys conducted by BJP show that a section of Jat voters, in the aftermath of farmers' and wrestlers' protests, would move back to Congress, whose tallest leader in the state is BS Hooda, who hails from the community.

Saudi Aramco (TADAWUL:2222) closed out 2023 with an impressive profit of $121.3 billion, securing the top spot globally for profits among publicly listed companies.

A comprehensive study dissecting recent trends in the use of health savings accounts sheds fresh light on the dynamic between increasing spending on health care and the growth of HSA balances.

Carson Wealth is expanding its presence in the Omaha, Nebraska, area as it onboards another advisor team.

Baird’s private wealth business has fortified its footprint in Wisconsin with the strategic acquisition of an advisory practice from UBS. The firm announced the addition of the Palm Financial Group, an advisory practice led by Michael Palm, and his two sons, Matthew and Nicholas Palm, to its Madison West office.

BSE Sensex fell 1.2% to 72,761.89 points, their worst decline since 23 January. The broader market saw worse: The Nifty Small Cap 250 and the Nifty Mid-Cap 150 plunged 5.2% and 4.2% respectively, their steepest one-day plunge in over two years. Comments by the stock market regulator on a potential bubble in the stock market, and a crackdown on several errant companies by the central bank have added to concerns, at a time small and mid-cap stocks have far outpaced the market's gains.

Managed by Chris Parr, the fund seeks to provide a core US equity solution with above-market returns. It will invest in companies across the corporate life cycle and follow the same strategy used by the Royal London US Growth trust. It will initially be available to UK investors, with registration in continental Europe and Asia to follow. Royal London AM closes Global Equity Select fund to new investors The fund aims to expand access to the Royal London US Equity Tilt fund strategy, which launched in 2007 as part of its passive range, and has been regularly ranked in the top decile...

Prior to his role as EMEA CIO for multi-asset strategies at NB, O'Sullivan served more than a decade at Mercer as CIO of the company's outsourced chief investment officer (OCIO) business for Europe, Middle East and Asia. Mercer commits to UK advisers with improved investment offering In his new role, O'Sullivan will be based in Dublin and oversee the implementation and execution of clients' global investment strategies. He will report to Hooman Kaveh, global CIO at Mercer, and to the other regional CIOs. O'Sullivan said: «I am thrilled to rejoin Mercer in this global leadership rol...

Despite the market betting on a pivot before the second half of the year, the last two sticky CPI readings suggest that the Fed's inflation battle may be far from over.

McDonald's (NYSE:MCD) stock fell on Wednesday after the company’s management hinted while speaking at a UBS conference that they expect slightly lower international business sales in Q1 compared to Q4. 

Dollar Tree (NASDAQ:DLTR) shares tumbled in pre-market trading Wednesday after the company unveiled its fiscal Q4 results.

The S&P BSE Sensex plunged more than 900 points while the Nifty50 failed to hold on to 22,000 towards the close of the session.

They are among the most recognizable of a generation of Silicon Valley investors who are getting out of venture capital at the end of a lucrative 15-year upswing for the industry.

Hero Vired, an educational tech startup of the Hero Group, has announced the appointment of Arjun Assi as head of product. Prior to this, Assi was assistant vice-president, product, at Scaler Academy, another edtech firm.

IPO). NSE Emerge is a separate bourse of the National Stock Exchange targeted at small and medium enterprises only to tap the capital market. The RGL said the IPO will consist of a fresh issue of 38 lakh equity shares, each with a face value of Rs 10.

Craig Bonthron, Neil Goddin, Jonathan Parsons and Ryan Smith had managed the fund since its launch in March 2021. They joined Artemis from Aegon Asset Management (formerly Kames Capital) in November 2020, where they managed the Aegon Global Sustainable Equity fund. Artemis seeks departure from TAR sector following Target Return Bond fund name and objective change Sacha El Khoury will take over as lead manager of the fund. She joined Artemis from Columbia Threadneedle in 2023, where she led the CT Sustainable Global Equity Income strategy.  She was also co-manager of the CT Susta...

ORCHARD HILLS, Australia—At an Australian military base here on the outskirts of Sydney, an unassuming shed-like structure known as Building 215 is set to play an important role in Washington’s strategy for confronting rivals such as China and Russia. Inside, officials plan to establish the first factory outside the U.S. to help make a type of missile that’s been pivotal in the Ukraine war: Lockheed Martin’s Guided Multiple Launch Rocket System, or GMLRS.