Carlyle appoints new global wealth division head for Asia Pacific
(Reuters) – Investment firm Carlyle said on Monday it had appointed Citi executive Brad McCarthy as the new managing director and Asia Pacific chief of its global wealth division. McCarthy will be responsible for expanding Carlyle’s wealth platform across Asia Pacific
Meta leadership worried as Chinese AI DeepSeek sets new benchmark– The Information
Investing.com– Meta Platforms Inc (NASDAQ:META) is on high alert as DeepSeek, a conversational AI developed by a Chinese hedge fund, challenges its dominance in artificial intelligence, The Information reported on Sunday citing two Meta employees familiar with internal discussions. Meta’s AI leaders, including
Nvidia shares slide 5% as China’s DeepSeek sparks questions over AI-related capex
Investing.com– NVIDIA Corporation (NASDAQ:NVDA) shares fell over 5% in 24 hour markets, RobinHood data showed on Sunday evening, amid growing questions over the need for major capital spending on artificial intelligence after the release of China’s DeepSeek. Nvidia slid 5.2% to an
Activist Ancora to push U.S. Steel to drop Nippon merger and oust CEO, WSJ reports
(Reuters) – Activist investor Ancora Holdings is preparing to wage a proxy battle at U.S. Steel and wants the company to drop its merger agreement with Japan’s Nippon Steel, the Wall Street Journal reported on Sunday, citing sources. Ancora also
Ancora seeks US Steel to abandon Nippon Steel deal, overhaul leadership – WSJ
Investing.com– Activist investor Ancora Holdings is preparing to launch a proxy battle against U.S. Steel, aiming to overhaul its leadership and redirect its strategy following the collapse of its $14 billion merger with Japan’s Nippon Steel Corp (TYO:5401), the Wall