Americans’ cruise vacations to see slower growth in 2025, industry group forecasts
(Reuters) – Nearly 19 million Americans are expected to go on cruise vacations this year, but passenger growth is likely to cool off after seeing a boom post pandemic, travel group AAA forecast on Monday. Passenger volume this year is projected
Asia stocks rattled by Trump jitters; China shares mixed amid weak PMI, AI bets
Investing.com– Most Asian stocks fell on Monday after U.S. President Donald Trump’s imposition of trade tariffs on Colombia rattled risk appetite with the possibility of more such moves. Chinese markets were a mixed bag, as investors bought some local technology names
Asia equities slide with US stock futures on China’s AI push; dollar firms
By Kevin Buckland TOKYO (Reuters) – U.S. stock futures and Asian shares outside China slumped on Monday as investors weighed the implications of Chinese startup DeepSeek’s launch of a free, open-source artificial intelligence model to rival OpenAI’s ChatGPT. Meanwhile, the dollar rose
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