Chinese tech firm Xiaomi reaped returns from its artificial intelligence spending in 2025 that “far exceeded expectations”, the company’s president Lu Weibing said in a recorded video posted on Chinese social media platform Douyin. Lu said the Beijing-based company was pivoting to embodied AI after heavy investment in general AI over the past few quarters….
The Hong Kong Investment Corporation (HKIC) earned HK$2.34 billion (US$300.7 million) in investment income last year, as the city’s wholly owned investment vehicle made an impressive report after its first year of operation. HKIC posted HK$2.25 billion in operating income for the year that ended on December 31, on HK$64 billion in total assets, while…
Fake photos generated by artificial intelligence (AI) are being misused to claim refunds from Chinese online shops, sparking moral and legal concerns. As China’s Double 11 shopping festival took place around November 11, several e-commerce shop owners revealed that they received AI-generated photos of damaged products from consumers attempting to seek refunds. Some people took…
The Fashion Trust Arabia, a non-profit fund supporting emerging design talent from the Middle East and North Africa, returned to Doha, Qatar for its seventh edition on Saturday. Six of the region’s up-and-coming designers, and one guest country winner, were awarded cash prizes and mentorships at the annual awards ceremony. Moroccan designer Youssef Drisi took…
Advance market commitment gives British businesses preferred status The government’s new package of reforms and investment is intended to put AI at the heart of its mission. One of the standout measures just announced is a “first customer” promise, modelled on the way the government bought Covid vaccines. It is intended to support UK startups…
“Ukraine gains direct access to diversified and reliable energy sources, while Greece becomes a hub for supplying Central and Eastern Europe with American liquefied natural gas,” Greek Prime Minister Kyriakos Mitsotakis said. Nov 16 3 mins read Source link
Please log in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties. Africa’s fashion industry needs significant investment, a sentiment shared by stakeholders across the continent. Without urgent funding, some promising businesses will be unable to fulfil their potential, and others will simply…
Investment guru Warren Buffett offers a straightforward solution for the one-third of Americans who are reluctant to invest in stocks: begin with an S&P 500 index fund. “My regular recommendation has been a low-cost S&P 500 index fund,” Buffett wrote in his 2017 letter to Berkshire Hathaway shareholders. This counsel encourages individuals to commence investing, no matter the amount, and…
Charlie Garcia is the founder of R360, a global community of individuals and families with a net worth of $100 million or more. He is editor-in-chief of the Night Owl, R360’s exclusive publication delivering contrarian insights into global markets. Garcia is the author of the books “A Message From Garcia” and “Leadership Lessons of the…
Published: Nov. 7, 2025 at 1:16 p.m. ET The S&P 500 SPX, after having gapped to all-time highs a little more than a week ago, is now in a modest (so far) corrective mode. SPX has now closed both of the gaps that were in place in late October and has closed below the first support…