Connect with us

Business

South Korean won leads Asian FX losses as dollar edges higher; yen weakens

Published

on

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

BlackRock TCP Capital: Upgrading To Hold – The Portfolio Sale Changes The Thesis

Published

on

BlackRock TCP Capital: Upgrading To Hold - The Portfolio Sale Changes The Thesis

BlackRock TCP Capital: Upgrading To Hold – The Portfolio Sale Changes The Thesis

Continue Reading

Business

Tech leaders say AI means less work – their staff say they work up to 90 hours a week

Published

on

A tech worker with pink hair sits at a desk and works on a laptop

For years now, executives at companies that are pouring hundreds of billions of dollars a year into developing various artificial intelligence tools have insisted that the technology will ultimately mean people will spend less of their time working.

An engineering director at Google said four years ago that AI would deliver a four-day work week by 2025, external.

Earlier this year, and just one year after that engineering director’s prediction, OpenAI took up the challenge, in a manner of speaking. It formally urged companies to start testing out a four-day work week (with no change in pay), claiming that AI will soon be able to speed up so much human labour that the corporate world should prepare itself.

However, a former OpenAI technical employee who left the company last year told the BBC the firm never actually trialled the four-day work week it suggested others should try while they were there.

Advertisement

Instead, the person described what was often a gruelling work culture marked by frequent “crisis meetings”, working on weekends, and “super cut-throat” performance reviews that would see colleagues suddenly let go.

“You go in on Saturday or Sunday just to catch up or make sure things aren’t broken,” the person said.

Other companies have also pushed the idea that AI will effectively reduce the number of hours people need to work, for better or worse.

Anthropic has boasted that its popular coding tool and chatbot Claude is capable of working on its own for seven hours without a break, external, essentially a full corporate workday. Meta’s Mark Zuckerberg has said his company is in the middle of the year when “AI starts to dramatically change the way that we work” and that such tools let far fewer employees do more than they ever could have before.

Advertisement

While Meta has since laid off 1 in 10 of its employees, Anthropic’s chief executive Dario Amodei has warned that as AI tools inevitably become more productive, it could mean, external even broader job losses.

Despite these claims, workers inside these same tech companies, who are not only developing but using the very AI tools that will purportedly perform at least some of people’s work, say they are clocking in far more than the typical five-day, 40-hour work week.

Continue Reading

Business

Hypoport reports 5% profit growth in first half of 2026

Published

on


Hypoport reports 5% profit growth in first half of 2026

Continue Reading

Business

Clive Palmer’s bid to remove Perth judge from ASIC dispute fails

Published

on

Clive Palmer’s bid to remove Perth judge from ASIC dispute fails

Yes. Corporate subscriptions are available for teams and organisations, with discounted rates as user numbers increase. Pricing starts from $1,625 + GST per user.
Get in touch
to discuss the right option for your organisation.

Business News subscriptions are used by executives, investors, consultants and professionals who need to stay informed and make better decisions about the WA market. When you subscribe you’ll get

  • Unlimited access to WA’s most trusted business journalism
  • Data & Insights — detailed profiles of WA companies, people, projects and deals
  • MyBN — a personalised feed based on the companies, people and sectors you follow
  • Special publications and industry reports
  • Daily and weekly email newsletters

Data & Insights is a research tool built specifically for the WA market. It draws on more than 30 years of Business News reporting, updated regularly to reflect what’s happening now. Use it to:

  • Look up detailed profiles of WA companies, including financials, directors and ownership
  • Find decision-makers and track their career movements
  • Research live and completed projects across WA industries
  • Monitor deals, appointments and market activity
  • Access industry rankings and league tables

Data & Insights is updated daily by our dedicated research team, which uses the latest announcements, ASX filings and editorial coverage to keep our person, company, list and project records up to date.

Business News welcome all opportunities to make our dataset accurate, complete and current, so if you have an update request, please email the team at
general@businessnews.com.au, and we’d be happy to assist.

Advertisement

MyBN
is part of every subscription. It’s your personalised view of Business News. You can follow the companies, people, sectors and projects that matter to you, and get a news feed and alerts tailored to your interests. You can save articles to read later and retain only what you need.

Only subscribers have full access to all content on the Business News website.

Advertisement

If staying informed about the WA economy is part of your job, and/or you’re looking for networking opportunities in WA, Business News is built for you.

Business News subscribers are:

  • Executives and directors tracking competitors, clients and market movements
  • Investors and advisers researching companies, deals and industry trends
  • Consultants and professionals staying across sectors relevant to their clients
  • Business owners looking for leads, context and market intelligence

Most Business News publications cover national or global markets. Business News is focused entirely on Western Australia, which means the journalism, the data and the intelligence are all built around WA companies, people and projects — not adapted from a national feed. Data & Insights, included with every subscription, combines more than 30 years of WA-specific editorial research with live business data. There’s no comparable product for the WA market.

Advertisement

The Morning Digest Email provides a comprehensive wrap of the major headlines, relevant to WA business, and includes with a snapshot of the overnight news covering oil, gold and ASX-listed companies.

The Afternoon Wrap Email focuses on the news covered by our team of journalists during the course of the working day, including exclusive stories and analysis, all of which relates to WA business and the local economy.

The BN Weekender Email contains a wrap of the Business News from the week that was, highlighting the top stories in each area of WA business.
Sign up for free.

Advertisement

We’re happy to help.
Get in touch
and our team will come back to you.

Advertisement
Continue Reading

Business

Major market reopens for Australian canola

Published

on

Major market reopens for Australian canola

Yes. Corporate subscriptions are available for teams and organisations, with discounted rates as user numbers increase. Pricing starts from $1,625 + GST per user.
Get in touch
to discuss the right option for your organisation.

Business News subscriptions are used by executives, investors, consultants and professionals who need to stay informed and make better decisions about the WA market. When you subscribe you’ll get

  • Unlimited access to WA’s most trusted business journalism
  • Data & Insights — detailed profiles of WA companies, people, projects and deals
  • MyBN — a personalised feed based on the companies, people and sectors you follow
  • Special publications and industry reports
  • Daily and weekly email newsletters

Data & Insights is a research tool built specifically for the WA market. It draws on more than 30 years of Business News reporting, updated regularly to reflect what’s happening now. Use it to:

  • Look up detailed profiles of WA companies, including financials, directors and ownership
  • Find decision-makers and track their career movements
  • Research live and completed projects across WA industries
  • Monitor deals, appointments and market activity
  • Access industry rankings and league tables

Data & Insights is updated daily by our dedicated research team, which uses the latest announcements, ASX filings and editorial coverage to keep our person, company, list and project records up to date.

Business News welcome all opportunities to make our dataset accurate, complete and current, so if you have an update request, please email the team at
general@businessnews.com.au, and we’d be happy to assist.

Advertisement

MyBN
is part of every subscription. It’s your personalised view of Business News. You can follow the companies, people, sectors and projects that matter to you, and get a news feed and alerts tailored to your interests. You can save articles to read later and retain only what you need.

Only subscribers have full access to all content on the Business News website.

Advertisement

If staying informed about the WA economy is part of your job, and/or you’re looking for networking opportunities in WA, Business News is built for you.

Business News subscribers are:

  • Executives and directors tracking competitors, clients and market movements
  • Investors and advisers researching companies, deals and industry trends
  • Consultants and professionals staying across sectors relevant to their clients
  • Business owners looking for leads, context and market intelligence

Most Business News publications cover national or global markets. Business News is focused entirely on Western Australia, which means the journalism, the data and the intelligence are all built around WA companies, people and projects — not adapted from a national feed. Data & Insights, included with every subscription, combines more than 30 years of WA-specific editorial research with live business data. There’s no comparable product for the WA market.

Advertisement

The Morning Digest Email provides a comprehensive wrap of the major headlines, relevant to WA business, and includes with a snapshot of the overnight news covering oil, gold and ASX-listed companies.

The Afternoon Wrap Email focuses on the news covered by our team of journalists during the course of the working day, including exclusive stories and analysis, all of which relates to WA business and the local economy.

The BN Weekender Email contains a wrap of the Business News from the week that was, highlighting the top stories in each area of WA business.
Sign up for free.

Advertisement

We’re happy to help.
Get in touch
and our team will come back to you.

Advertisement
Continue Reading

Business

Thailand Economy June 2026: Stable Growth Amid Global Uncertainties

Published

on

Thailand Economy June 2026: Stable Growth Amid Global Uncertainties
Thailand Economy June 2026: Stable Growth Amid Global Uncertainties – Thailand Business News

Discover more from Thailand Business News

Subscribe now to keep reading and get access to the full archive.

Continue reading

Continue Reading

Business

Why is oOh!Media stock rallying today?

Published

on


Why is oOh!Media stock rallying today?

Continue Reading

Business

Berkshire Operating Earnings Rise 16% in Second Quarter. Buybacks Hit $4.5 Billion.

Published

on

Berkshire Operating Earnings Rise 16% in Second Quarter. Buybacks Hit $4.5 Billion.

Berkshire Hathaway’s operating earnings after taxes increased 16% in the second quarter to $13 billion on strength at the company’s railroad, energy and manufacturing, service, and retailing unit, the company’s financial results released on Saturday show.

Continue Reading

Business

LivePerson earnings missed by $5.07, revenue topped estimates

Published

on


LivePerson earnings missed by $5.07, revenue topped estimates

Continue Reading

Business

Morning Bid: Suddenly the Strait of Hormuz is ’irrelevant’ to the US

Published

on


Morning Bid: Suddenly the Strait of Hormuz is ’irrelevant’ to the US

Continue Reading

Trending

Copyright © 2025