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12:44
2026-06-19
cityam.com
ai-policy

Regulator wins decade-long pricing tussle with Pfizer

The UK Competition Appeal Tribunal was wrong to set aside the competition watchdog's decision against Pfizer for excessive pricing of an anti-epilepsy drug, the Court of Appeal ruled. The regulator fo…

07:47
2026-06-19
cityam.com
artificial-intelligence

PwC UK chief swipes global role in international shake-up

PwC UK chief Marco Amitrano will take on a broader global role as the Big Four firm centralizes decision-making and expands AI-driven consulting services. The shake-up, effective July 1, gives Amitran…

12:03
2026-06-18
cityam.com
artificial-intelligence

Hult Launches Credit-Bearing AI Lab Across Graduate Programs

Hult International Business School announced the launch of a credit-bearing AI Lab across select graduate programs starting September 2026, including the Master's in Management, Master's in Marketing,…

06:27
2026-06-18
cityam.com
ai-safety

HSBC coughs up $25m over Australian scam failures

HSBC agreed to pay nearly $25 million after admitting failures in protecting Australian customers from scammers, marking one of the first cases globally where a bank is penalized for inadequate fraud …

12:14
2026-06-17
cityam.com
artificial-intelligence

Big Tech’s AI capex splurge can’t go on forever

Big Tech's capital expenditure on AI infrastructure is expected to reach $750bn this year, driven by Google, Meta, Amazon, and Microsoft, but physical constraints, rising costs, and lack of profitabil…

09:33
2026-06-17
cityam.com
artificial-intelligence

HSBC targets $100m in savings with Google Cloud AI tie-up

HSBC announced a partnership with Google Cloud to deploy AI across its operations, targeting over $100 million in cost savings or revenue generation. The bank plans to use AI for personalized wealth m…

08:00
2026-06-17
cityam.com
artificial-intelligence

Reply Achieves the AWS Business Value Realization Competency

Reply has achieved the AWS Business Value Realization Competency, recognizing its ability to help customers deliver measurable business outcomes from AWS investments. The company's approach combines t…

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