The tech firm behind social network Snapchat cut 1,000 jobs on Wednesday, saying AI is boosting efficiency as it strives to be profitable.

US President Donald Trump has secured approval from federal planners for his proposed White House ballroom, even as legal questions remain over whether the project can proceed without congressional consent.

Goldman Sachs has completed its $2 billion acquisition of Innovator Capital Management, significantly expanding its footprint in one of the fastest-growing areas of asset management — active exchange-traded funds (ETFs).

Anticipation surrounding a potential stock market debut by SpaceX has triggered a broad rally in aerospace and space-related stocks, as investors bet the listing could boost the entire sector.

Kim Jong Un, top leader of the Democratic People's Republic of Korea (DPRK), on Thursday oversaw a coordinated offensive tactical drill of infantrymen and tankmen's sub-units during his visit to a training base.

The United Arab Emirates on Thursday rejected reports claiming it had imposed restrictions on capital movement or blocked foreign investors from transferring or disposing of their funds.

OpenAI is in advanced discussions with private equity firms TPG, Advent International, Bain Capital, and Brookfield Asset Management to create a joint venture aimed at distributing OpenAI’s enterprise AI products to the firms’ portfolio companies and beyond, according to sources familiar with the matter.

Beiersdorf AG was downgraded to Underperform from Sector Perform by RBC Capital Markets, which said uncertainty around the recovery of its Nivea brand could weigh on growth and margins.

U.S. investment firm Apollo Global Management is set to finalize the purchase of a 55% stake in Spanish football club Atletico Madrid on March 12.

Video on social media show explosions in the Iranian capital Tehran.