SA: Norfolk Southern CEO keeps job, activist Ancora wins three board seats
SEEKING ALPHA reports: Norfolk Southern Corp. (NYSE:NSC) CEO Alan Shaw kept his job and activist Ancora ...
SEEKING ALPHA reports:
Saudi Arabia is apparently creating a fund worth about $40B to invest in artificial intelligence, according to The New York Times.
The Middle Eastern nation is serious about throwing its monetary weight into the technology that is reshaping industries, according to three people briefed on the plan, the report said.
Over the last month, representatives of Saudi Arabia’s Public Investment Fund have discussed a potential partnership with Andreessen Horowitz, one of Silicon Valley’s largest private venture capital firms, and other financiers, The New York Times reported.
The fund would possibly make Saudi Arabia the world’s largest investor in AI, as it would be much larger than U.S. venture capital firms typically amass. Some Wall Street banks are reportedly helping to assemble the fund…
The full story is here.
Asia-Europe ocean trades a nightmare scenario – 'unless you're a carrier'
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Maersk raises surcharges as Red Sea risk expands and costs mount
Heavy speculation in China’s container shipping futures as Gaza War drags on
Flexport under fire as Peloton claims 'unfair D&D fees' cost it millions
Red Sea: Aries crew free, but more escalation on the way as box ships flee
CMA CGM to launch China-Mexico express shipping service
Air cargo market shows ‘positive dynamic’ – but how long will it last?
The shifting landscape of the world's air cargo carriers
Blockbuster DB Schenker sale in a tight spot
Hapag-Lloyd's box tracker will 'close logistics blind spots'
DSV US expansion continues with major investment in California hub
DHL Group: Forwarding burns cash, Supply Chain outshines the rest
News Podcast | May 2024 | Container shipping: a riddle, wrapped in a mystery, inside an enigma
Contract logistics the star performer for DHL, but weak rates take a toll
Regional operators launch feeder services as mainline carriers adjust port calls
Comment on this article