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The wealthy are still buying, industry leaders said at Semafor’s Business of Luxury event Wednesday.

The group’s global head, Sam Bakhshandehpour, said such trends hurt hospitality brands that largely depend on alcohol sales.

Musk's $1 trillion pay package, which gives bigger rewards for real, long-term success, makes more sense than current short-term compensation structures.

New reports added fresh data to the worldwide debate over the AI's economic impact and testing the companies’ own predictions.

Altera makes semiconductors that can be reprogrammed after they leave the factory, making them useful in robots, cloud servers, and telecom hardware.

Pension fund Hassana has been taking an increasingly prominent role backing global fund managers that commit to investing in Saudi Arabia.

Merger talks, which would have created a $1 trillion asset manager, fizzled this summer as Carlyle shares continued sharp rise.

At a packed exhibition hall this week, more than 1,000 investors and executives from mostly US and Chinese firms mingled with local startups.

Africa has fallen behind wealthier regions in the global rush to build the digital infrastructure required for AI.