{"id":87,"date":"2025-07-24T13:05:55","date_gmt":"2025-07-24T13:05:55","guid":{"rendered":"https:\/\/infovision.com.au\/?page_id=87"},"modified":"2025-07-25T09:24:58","modified_gmt":"2025-07-25T09:24:58","slug":"latest-news","status":"publish","type":"page","link":"https:\/\/infovision.com.au\/index.php\/latest-news\/","title":{"rendered":"Latest News"},"content":{"rendered":"
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The Australian | Business | World Business News<\/a><\/h2>

FBI probes possible J.P. Morgan hacking<\/a><\/h4>
Aug 27 2014<\/h6>THE Federal Bureau of Investigation is probing a possible computer hacking attack on J.P. Morgan Chase & Co.

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Snapchat valued at $10bn<\/a><\/h4>
Aug 26 2014<\/h6>KLEINER Perkins Caufield & Byers has agreed to invest in ephemeral message service Snapchat at a valuation of close to $US10 bn.

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Rosneft poised for Arctic LNG stake<\/a><\/h4>
Aug 26 2014<\/h6>ENERGY giant Rosneft is poised to take control of a new Arctic Circle LNG project planned for an area of northern Russia fronting the Barents Sea.

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Global tech to transform over 3 weeks<\/a><\/h4>
Aug 26 2014<\/h6>THE world\u2019s tech will undergo a transformation over just three weeks with a bonanza of new phones, tablets, smart watches and OLED 4K TVs.

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Young diners not lovin\u2019 it<\/a><\/h4>
Aug 25 2014<\/h6>MCDONALD\u2019S revenues have slumped and there\u2019s one key reason: Millennials aren\u2019t Maccas fans, choosing fresher, healthier food instead.

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Former IBM chief John Akers dies<\/a><\/h4>
Aug 24 2014<\/h6>JOHN Akers, who led IBM as its longtime dominance of the computer industry began to wane, has died, aged 79.

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Bangladesh next in Seek strategy<\/a><\/h4>
Aug 20 2014<\/h6>ONLINE jobs and education group Seek will continue expansion into international markets.

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Buffett joins $200K club. Membership: 1<\/a><\/h4>
Aug 15 2014<\/h6>IMAGINE if you\u2019d spent a grand on a single Berkshire Hathaway share 31 years ago. That stock just passed $US200,000 and is still climbing.

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Bloomberg Markets<\/a><\/h2>

Warner Joins Race to Develop K-Drama With Korea Streaming Deal<\/a><\/h4>
Oct 16 2025<\/h6>Warner Bros. Discovery Inc. is entering a race to produce original Korean content by teaming up with one of the country\u2019s biggest media conglomerates, seeking to catch early movers Netflix Inc. and Disney.

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Imax Poised to Pounce With Buyback if Market Sours on Hollywood<\/a><\/h4>
Oct 16 2025<\/h6>Imax Corp.\u2019s Chief Financial Officer Natasha Fernandes sees an opportunity to buy back shares at an attractive price in the event of a broader selloff in the entertainment industry.

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BlackRock's Powell: China-US Too Dependent to Decouple<\/a><\/h4>
Oct 16 2025<\/h6>Ben Powell of BlackRock Investment Institute says the US and China remain heavily interdependent and both sides will remain constrained when it comes to how aggressive they can be in a trade war. (Source: Bloomberg)

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Hedge Fund-Style Products to Reshape $900 Billion Indian Market<\/a><\/h4>
Oct 16 2025<\/h6>A new investment product that brings sophisticated strategies to affluent Indians is set to usher in a fresh era for the nation\u2019s asset managers.

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Santos Trims Gas Output Outlook After Barossa Outage and Floods<\/a><\/h4>
Oct 16 2025<\/h6>Santos Ltd. trimmed its natural gas production outlook, citing a software failure that stalled a key export project and the impact from floodwaters in Australia.

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Thai Banks Face Lending Income Hit as Weak Economy Persists<\/a><\/h4>
Oct 16 2025<\/h6>Four of Thailand\u2019s largest banks are expected to post sharp declines in third-quarter net interest income as the nation\u2019s persistently high household debt and weakening economy weigh on their business.

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Apollo Names Japan Ex-GPIF CIO as Asia-Pacific Head for Growth<\/a><\/h4>
Oct 16 2025<\/h6>Apollo Global Management recruited Eiji Ueda, former chief investment officer of one of the world\u2019s largest pensions, to lead its expanding Asia-Pacific business, the $840 billion alternatives giant said.

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Gold Climbs to Record on US-China Tensions and Fed Rate-Cut Bets<\/a><\/h4>
Oct 15 2025<\/h6>Gold rose to a record as heightened US-China frictions and bets the Federal Reserve will press on with monetary easing through the end of the year supported demand.

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Bloomberg Technology<\/a><\/h2>

Battery Recycler That Jumped 1,000% Plunges After US Grant Loss<\/a><\/h4>
Oct 15 2025<\/h6>A battery-metals recycler that saw a 1,000% jump in its stock price in a year plummeted after a key US government grant was canceled.

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Griffin Says GenAI Fails to Help Hedge Funds Beat Markets<\/a><\/h4>
Oct 15 2025<\/h6>Generative artificial intelligence isn\u2019t helping hedge funds produce market-beating returns and isn\u2019t meaningfully impacting the industry so far, according to billionaire Ken Griffin.

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Apple\u2019s Head of ChatGPT-Like AI Search Effort to Leave for Meta<\/a><\/h4>
Oct 15 2025<\/h6>The Apple Inc. executive leading an effort to develop AI-driven web search is stepping down, marking the latest in a string of high-profile exits from the company\u2019s artificial intelligence division.

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Thiel, Bezos Back Startup\u00a0Treating Tumors With Sound Waves<\/a><\/h4>
Oct 15 2025<\/h6>Peter Thiel, Jeff Bezos and other investors are backing the health-care company HistoSonics Inc. at a $3 billion valuation \u2014\u00a0betting that\u00a0its\u00a0technology that can help treat tumors using sound waves.

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Tekscend Shares Rise 19% From IPO Price in Tokyo Trading Debut<\/a><\/h4>
Oct 15 2025<\/h6>Tekscend Photomask Corp. shares gained 19% in their debut on the Tokyo Stock Exchange Thursday after the maker of semiconductor material concluded a $1 billion initial public offering last week.

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Salesforce Projects Return to Double-Digit Revenue Growth<\/a><\/h4>
Oct 15 2025<\/h6>Salesforce Inc. projected revenue growth will accelerate to double digits in the coming years, potentially easing investor concerns about the pace of business at the software company.

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Hong Kong Tycoon Richard Li\u2019s Phone Company Faces US Ban<\/a><\/h4>
Oct 15 2025<\/h6>The US Federal Communications Commission took steps to block one of Hong Kong\u2019s largest phone companies from accessing domestic telecom networks, citing national security concerns.

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ASML Earnings Signal AI Demand Holding Strong | Bloomberg Tech 10\/15\/2025<\/a><\/h4>
Oct 15 2025<\/h6>Bloomberg\u2019s Caroline Hyde breaks down ASML\u2019s earnings as the AI boom continues to fuel demand for its cutting-edge chip-making machines. Plus, deals to develop data centers just keep coming, among them Microsoft and UK startup NScale inking a fourth deal. And, Apple updates its top-of-the-line iPad Pro and other products with its own in-house chip. (Source: Bloomberg)

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Bloomberg Wealth<\/a><\/h2>

Philippines\u2019 Richest Man Faces Scrutiny Over Empty Land\u2019s 25,000% Value Gain<\/a><\/h4>
Oct 16 2025<\/h6>Nothing about the largely empty stretch of land on the outskirts of Manila hints at how it produced a vast overnight fortune. Or a staggering writedown.

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What\u2019s Behind Gold\u2019s Historic Rally<\/a><\/h4>
Oct 15 2025<\/h6>

Today on the Big Take: Gold thrives in times of uncertainty. But the scale and the speed of today\u2019s rally exposes deeper concerns about the global economy.<\/p>

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Big Banks Warn of AI Froth as Bubble Talk Dominates Earnings<\/a><\/h4>
Oct 15 2025<\/h6>As banks posted a record-breaking quarter for deal activity and trading revenue \u2014 driven in part by excitement about artificial intelligence \u2014 several Wall Street executives cautioned of over-exuberance in the AI industry.

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Hedge Fund Two Sigma Shutters $120 Million Legacy Eclipse Fund<\/a><\/h4>
Oct 15 2025<\/h6>Two Sigma Investments is closing one of its legacy hedge funds.

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Luxury Tycoon Arnault\u2019s Wealth Soars Amid Tax Debate in France<\/a><\/h4>
Oct 15 2025<\/h6>Luxury tycoon Bernard Arnault\u2019s wealth just got a big boost from shoppers around the globe, and the rise could feed into controversy at home.

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Billionaire Bill Ackman Donates $1 Million to Anti-Mamdani PAC<\/a><\/h4>
Oct 15 2025<\/h6>Hedge fund billionaire Bill Ackman gave $1 million Tuesday to a super PAC opposing Zohran Mamdani\u2019s New York City mayoral campaign, state campaign finance records show.

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Eisler Imposes 30% Bonus Cut on Traders Exiting Immediately<\/a><\/h4>
Oct 15 2025<\/h6>Eisler Capital told its traders to expect a cut to their bonus payouts if they want to exit the hedge fund immediately following the firm\u2019s decision to shut.

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Blackstone Creates Business Group to Bolster 401(k) Strategy<\/a><\/h4>
Oct 15 2025<\/h6>Blackstone Inc. is creating a new group focused on getting private equity and other higher-fee, more complex offerings into the retirement accounts of everyday investors.

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