Explorer DECODED
Latest edition: 15 May 2024
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Spotlight
Analysis: has OpenAI set a new industry standard in AI accessibility?
On Monday (13 May) OpenAI announced, during its Spring Update event, that ChatGPT would be made available as an app to download via the Google Play and Apple App Stores. A desktop version for Mac is also in the works and is due to be released, according to the company.
Latest news
The Home Depot reports 7% decline in net earnings in Q1 FY 2024
The retailer’s sales totalled $36.41bn in Q1 FY 2024, a decline of 2.3% from $37.25bn in Q1 FY 2023.
VinFast pushing hard to grow global sales
VinFast focusing on Asia’s emerging battery electric vehicle (BEV) markets
bunq makes its GenAI assistant Finn fully conversational
bunq, the second largest neobank in Europe, has upgraded its user-facing AI assistant, Finn, my making it fully conversational. The challenger has also rolled out its worldwide one-time activation travel insurance, in partnership with embedded insurance provider, Qover.
ADNOC Drilling secures $1.7bn unconventional wells drilling contract in UAE
To explore future opportunities in unconventional resources, ADNOC Drilling has launched a new company, Turnwell Industries.
UK insurance group Jensten announces business restructuring
Jensten, a UK-based insurance broking and underwriting company, has unveiled a restructuring plan designed to foster growth and enhance the integration of its acquisitions.
Australia commits A$7bn to tax incentive for critical minerals processing
The incentive aims to support downstream refining of critical minerals including lithium, cobalt, nickel and rare earths.
Circular RNA: Vaccines, therapeutics and biomarkers could be revolutionised
CircRNA is still in very early days of development, but it is expected to trialled in vaccines, therapeutics and biomarkers trials in the next few years.
Norway revises up 2024 defence budget in advance of 12-year overhaul
Norway will increase defence spending for 2024 by $1.2bn (Nkr12.91bn) in a revised national budget while a long-term plan is worked through parliament.
Construction begins on new Faifley campus in Clydebank, Scotland
Construction work has officially commenced on the new Faifley education and community campus in Clydebank, West Dunbartonshire, Scotland, with a ground-breaking ceremony.
Lino Saputo to step down as dairy giant's CEO as Carl Colizza named successor
Lino Saputo Jr. will relinquish his role as CEO at the Canadian dairy company that bears his name in August, a position he has held for more than two decades.
In our previous edition
Explorer Decoded
Customer satisfaction with US online-only banks declines
10 May 2024
Explorer Decoded
UK retail sales drop 4% in April 2024 amid poor weather
08 May 2024
Explorer Decoded
In data: defence M&A deals up 55% in Q1 2024
03 May 2024
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