Business - Wednesday, May 6, 2026

Asia-Pacific markets were set to climb, shrugging off renewed tensions in the Middle East.

Debt funds have doubled their share of the UK real estate lending market over the last five years as banks, constrained by post-crisis regulations, have lost ground in the direct lending market.

Zilis, an executive at Musk’s brain implant startup Neuralink, served on OpenAI’s board from 2020 to 2023 Shivon Zilis, a Neuralink executive and the mother of four of Elon Musk ’s children, took the stand on Wednesday as one of the most highly anticipated witnesses in Musk’s case against OpenAI. The ChatGPT maker has argued that, while Zilis worked with OpenAI from 2016 to 2023, she was also involved in a secret relationship with Musk, acting as an informant for him. Musk’s case against OpenAI alleges that the company’s CEO, Sam Altman , and president, Greg Brockman, co-founders of the company with Musk, broke a founding agreement when they restructured it from a non-profit to a for-profit enterprise. The Tesla CEO accuses Altman and Brockman of unjustly enriching themselves and wants both removed from their positions at the startup, one of the most valuable in the world. He is also seeking the undoing of the for-profit restructuring and $134bn in damages to be redistributed to OpenAI’s non-profit arm. Continue reading...

The bank offered $1 million before a former employee filed a lawsuit against a woman who was an executive director on his team, two people briefed on the matter said.

This central processing unit renaissance was confirmed when Intel reported earnings two weeks ago. AMD and now Arm told similar stories.

China’s decision to allow a select group of global investors to trade bond futures has raised expectations for deeper reforms to boost the appeal of the world’s second-largest debt market.

British guide Martin Anstee, 56, among those evacuated from MV Hondius, which is now heading for Canary Islands Explainer: What is hantavirus? Three people with suspected hantavirus have been medically evacuated from a cruise ship. They include a British man who was an expedition guide onboard the ship, the MV Hondius. He was named on Wednesday evening as Martin Anstee, 56. Continue reading...

The CNN founder’s death was met with encomiums from leaders in the media industry, which he helped reinvent. “He will be remembered for generations,” said one.

Malaysia’s central bank will likely keep its benchmark interest rate unchanged as inflation remains benign despite higher global oil prices due to the Iran war.

Paramount agreed to pay a Netflix termination fee, but the cost lives on WBD's books until the close of the deal.