UniCredit CEO Andrea Orcel projected €400 million to €500 million in cost savings over five years from AI, focusing on efficiency gains in lending, compliance, and onboarding. He emphasized AI as an opportunity, not a threat, and stressed that its su

2026-03-18

UniCredit CEO Andrea Orcel projected €400 million to €500 million in cost savings over five years from AI, focusing on efficiency gains in lending, compliance, and onboarding. He emphasized AI as an opportunity, not a threat, and stressed that its success depends on clear goals and operational changes. Efficiency improvements could exceed 50% in some areas.

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2026-03-18

China is taking action against individuals linked to Meta’s $2 billion acquisition of Manus, a Singapore-based AI startup with Chinese roots. Chinese officials, including those from the National Development and Reform Commission, have met with Meta a

2026-03-18

The situation in the Strait of Hormuz shows no signs of de-escalation, and oil prices continue to fluctuate. Gold prices are trading in a narrow range ahead of the Federal Reserve meeting. What will market sentiment be like going forward? Visit and s