David Holmes

2 weeks ago | dunyanews.tv | David Holmes |Jan Harvey

Nvidia CEO says UK needs computing power to develop AI Nvidia CEO says UK needs computing power to develop AI Published On: Mon, 09 Jun 2025 18:47:02 PKT LONDON (Reuters) - Britain lacks the computing infrastructure to deliver the full potential of its leading artificial intelligence research base, Nvidia's (NVDA.O) CEO said on Monday, as the UK partners with the US chipmaker for a new AI testing environment. Jensen Huang's comments came as the Financial Conduct Authority announced a new...

3 weeks ago | today.westlaw.com | Iain Withers |Lawrence White |David Holmes

LONDON (Reuters) -Europe's biggest bank HSBC will inject $4 billion into its private credit funds, amid a wider push by banks into the booming market as profits from traditional lending have come under pressure. HSBC said it will invest the cash into...

4 weeks ago | thewealthadvisor.com | Nell Mackenzie |David Holmes

(Reuters) - Hedge funds that trade on big macroeconomic market swings have become a top pick for investors, according to a Societe Generale survey of 322 firms, against a backdrop of global markets roiled by tariff uncertainty and stop-start trade wars. Half of the respondents polled said they would consider putting their money into discretionary global macro hedge funds in the next 12 months, the SocGen survey conducted between November 2024 and May 15 showed.

4 weeks ago | today.westlaw.com | Francesco Guarascio |Khanh Vu |David Holmes

HANOI (Reuters) -Vietnamese authorities have seized thousands of fake products, including imitation Rolex watches and Prada handbags, during a raid at a shopping mall in business hub Ho Chi Minh City, state media reported on Friday.

4 weeks ago | gurutrade.com | Yousef Saba |David Holmes

DUBAI, May 29 (Reuters) - ADNOC Drilling will acquire a 70% stake in oil services firm SLB's onshore rig business in Oman and Kuwait for up to $112 million, creating a joint venture it seeks to double in the next year, its chief financial officer said on Thursday. The acquisition, expected to close in the first quarter of 2026, will give ADNOC Drilling - a unit of Abu Dhabi state oil major ADNOC - access to eight operational onshore drilling rigs, six in Oman and two in Kuwait.