By Jesús Aguado MADRID (Reuters) -Spain’s BBVA (BME:BBVA) said on Monday it would move ahead with its hostile takeover bid for Sabadell despite the government effectively blocking it from fully merging with its smaller rival for at least three years. In a further twist to a deal’s process that began in April 2024, BBVA’s arch-rival Santander (BME:SAN) has put in a binding offer for Sabadell ...
Investing.com -- Harvard University’s negotiations with the White House have stalled, potentially delaying a resolution to a standoff that could impact the school’s finances and disrupt foreign student plans, according to a Bloomberg report on Monday. The talks hit a roadblock last week, though possibilities for an agreement still exist, the report added. On Monday, the Trump administration in ...
Investing.com -- Baidu (NASDAQ:BIDU) has officially announced that its ERNIE 4.5 series of AI models is now open source, making it available to the global AI community for research and development under the Apache 2.0 license. The ERNIE 4.5 family includes 10 different variants, ranging from Mixture-of-Experts (MoE) models with 47 billion and 3 billion active parameters to a 0.3 billion dense mode ...
PARIS (Reuters) -French cosmetics giant L’Oreal said on Monday it had signed an agreement to acquire haircare brand Color Wow, as it seeks to tap rapid growth in premium hair products. Haircare was the second fastest-growing category at L’Oreal last year after fragrances, driven by new launches for specific hair types and conditions. The company said earlier this year was targeting more innov ...