May, 2025

May, 2025

Ralph Lauren: Demand From High-End Consumers Will Support Price Increases
Luxury lifestyle products firm Ralph Lauren plans to raise prices to cover the cost of tariffs, saying the demand it is seeing from its high-end customers will support the move. “We are assessing ad...

Citi Introduces Account-to-Account Payment Tool PayTo
Citi has debuted its PayTo initiator, a payment solution for its institutional clients. PayTo lets clients access what Citi calls a “faster, cost-effective, and more secure” alternative to credit...

Microsoft to Make Windows Agentic for New Web Experience
Microsoft is transforming Windows into an agentic AI platform, marking one of the biggest shifts in the operating system’s history as the software giant starts building the underpinnings of the new ...

Google’s Character.AI Deal Reportedly Draws Antitrust Attention
The Department of Justice is reportedly probing whether a Google artificial intelligence (AI) deal violates antitrust law. At issue is Google’s agreement with chatbot maker Character.AI to use that ...

Moneta Money Bank Taps Real-Time Tech to Serve Customers Faster
Moneta Money Bank, one of the largest retail banks in the Czech Republic, is using the latest technologies to reshape how it connects with customers amid competition for consumer wallets. Working with...

US Business Sentiment Improves Despite Ongoing Tariff Pressures
American business activity and sentiment improved in May but remain muted amid ongoing tariff turmoil. That’s according to the S&P Global flash May composite index, released Thursday (May 22) an...

Jobless Claims Drop by 2,000, Showing Resiliency in Labor Market
The job market remains resilient amid economic uncertainty, analysts said Thursday (May 22) after government data showed a decline in initial claims for unemployment insurance. That number decreased b...

Banking Circle Lets Visa Access Its Local Clearing Rails
Payments bank Banking Circle launched a partnership with Visa’s Visa Direct. This collaboration lets Visa Direct access Banking Circle’s “extensive” local clearing rails around the world, thus...

Asia Pacific Real Estate Investment Rises 11% in Q1 as Investors Navigate Tariffs, Cap Rate Divergence
Asia Pacific’s commercial real estate market posted a strong start to the year, with investment volume rising 11% year-on-year to US$33 billion in the first quarter of 2025, according to CBRE’s la...

Xiaomi’s new PU7 spells trouble for Tesla in China
The Xiaomi PU7 matches the Tesla Model Y in size and acceleration, but demolishes it in range. | Image: Xiaomi Xiaomi unveiled its hotly anticipated PU7 electric SUV in China today, in the latest p...

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B&T Television

May