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Hotpot, bubble tea and sportswear: Chinas new exports take on the world
Posted onThe chain’s global reach relies on a strong brand, robust ecosystem, and loyal customer base, according to Zhou. He notes that every overseas market is complex, shaped by different cultures, legal systems, and consumer habits – so localising food, menus, and service is essential.
Staff fear UK’s Turing AI Institute at risk of collapse
Posted onZoe Kleinman Technology editor Joshua Nevett Political reporter EPA Staff at the UK’s national institute for artificial intelligence (AI) have warned the charity is at risk of collapse, after Technology Secretary Peter Kyle threatened to withdraw its funding. Workers at the Alan Turing Institute raised a series of “serious and escalating concerns” in a whistleblowing…
Quantum computing: A tech race Europe could win?
Posted onThe prize, then, for the company that is first to build a reliable quantum computer at scale is potentially enormous. It will be “winner-takes-all”, as it was for classical computers and IBM, predicts Peronnin. And, he reckons, there is a fighting chance that his or another French company will be that winner.
Paramounts $108bn bid for Warner Bros clears US antitrust hurdle
Posted onUnlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Paramount Skydance’s $108bn bid to gatecrash Netflix’s deal for Warner Bros Discovery has cleared a key US antitrust hurdle, in a signal of support from the Trump administration. The media group, whose bid…
UK stock market hit by nerves over US banks
Posted onBen KingBusiness reporter Getty Images The UK’s stock market has fallen after a warning from two US banks triggered a sell-off in banking shares. Two US regional lenders, Western Alliance Bank and Zions Bank, said on Thursday that they had been hit by either bad or fraudulent loans, sparking fears of problems in the banking…
