Business

Omron will buy US industrial PC maker Onlogic and parent Interlogic for $675 million to advance physical AI in industrial automation; Onlogic keeps its brand and management.

NYT, AFP, Economist join SPUR coalition of 80+ publishers to block unpaid AI content use and develop licensing standards.

Oil rose about 2% after Houthi attacks on Saudi Arabia killed 18 and Riyadh airport shut. Saudi Arabia vowed a serious response, warning energy security cannot be taken for granted.

Meta released Muse Wonder AI models, its most capable yet, to rival OpenAI and Anthropic. Shares rose about 4%.

Cyberattack on French supermarkets disrupted refrigerators, spoiling food in hundreds of stores; retailers blame outdated Danfoss systems.

Xpeng plans to expand European production ahead of EU local-content rules, partnering with a local manufacturer for a new line. Current Austrian capacity is insufficient.

Despite energy and cost concerns, 78% of Asean businesses say AI benefits outweigh its energy burden, with Singapore, Vietnam and Thailand most optimistic.

South Korea completed its first Arctic commercial round trip to Europe, aiming for regular services by 2030 despite geopolitical and operational risks.

Asian tech stocks fell on concerns over AI spending, OpenAI revenue, and high bond yields, with energy prices and French debt adding pressure.

Nvidia-backed Firmus Grid shelved its Australian IPO amid market volatility, abandoning a planned US$5.5 billion raise to pursue private funding instead.

OpenAI's annualised revenue is about $20 billion lower than earlier reports, nearing $50 billion, not $70 billion, due to differing accounting methods, FT says.

US regulators fined American Express US$350 million for anti-money laundering failures, citing systemic breakdowns and US$13 billion in unreported suspicious activity.