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Archive

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Crypto.com to lay off 12% of workforce in AI push

Thu 19 March 2026 14:49

(Sharecast News) - Crypto.com is laying off 12% of its global workforce, it confirmed on Thursday, the latest tech company to slash headcount in favour of artificial intelligence.

OpenAI to take over Astral for undisclosed sum

Thu 19 March 2026 14:37

(Sharecast News) - ChatGPT maker OpenAI has announced the acquisition of open source developer tool startup Astral for an undisclosed sum, bringing the firm into its Codex ecosystem.

QatarEnergy may have to declare force majeure after Iran attack

Thu 19 March 2026 14:11

(Sharecast News) - The boss of QatarEnergy said on Thursday that the company may have to declare force majeure after Iran's attack damaged facilities that produce 17% ​of its ​liquefied natural gas export capacity.

Fulham Shore exploring possible restructuring of The Real Greek chain

Thu 19 March 2026 13:40

(Sharecast News) - Fulham Shore, the owner of The Real Greek restaurant chain, is considering a formal restructuring of the business, according to reports in Sky News on Thursday.

Uber to deploy up to 50,000 Rivian robotaxis by 2031

Thu 19 March 2026 12:51

(Sharecast News) - Ride-hailing giant Uber has announced a $1.25bn investment in self-driving tech group Rivian to deploy up to 50,000 fully autonomous robotaxis as it works towards initial commercial deployments in two years' time.

Premier Foods considering £200m bid for Crosta Mollica - report

Thu 19 March 2026 12:40

(Sharecast News) - Mr Kipling and Bisto owner Premier Foods is reportedly considering a £200m swoop on Crosta Mollica.

Investec flags 'resilient' full-year performance

Thu 19 March 2026 12:31

(Sharecast News) - Investec said in an update on Thursday that it expected to deliver a "resilient" performance for the year to 31 March, supported by diversified revenue streams, higher client activity and continued balance sheet growth, despite the impa

Alibaba posts modest revenue growth, fall in profits

Thu 19 March 2026 12:25

(Sharecast News) - Alibaba Group reported modest revenue growth but a sharp drop in profits for its December quarter on Thursday, as heavy investment in artificial intelligence and intensifying competition in its core e-commerce business weighed on earnin

Samsung to spend $73bn on facilities, R&D this year in AI chip race

Thu 19 March 2026 11:47

(Sharecast News) - Samsung on Thursday unveiled details of its so-called 'corporate value enhancement' strategy, which includes plans to spend over $73bn on facilities and R&D this year in an effort to grab the market leader position in AI chips.

Annual profits soar at Lloyd's of London

Thu 19 March 2026 11:07

(Sharecast News) - Annual profits topped £10bn at Lloyd's of London, the centuries-old insurance marketplace confirmed on Thursday, as companies sought out protection from extreme weather and heightened geopolitical tensions.