Today: November 21, 2024
Today: November 21, 2024

Business

Asia|Business|Technology

Huawei aims to mass-produce newest AI chip in early 2025, despite US curbs

China's Huawei plans to start mass-producing its most advanced artificial intelligence chip in the first quarter of 2025, even as it struggles to make enough chips due to

Huawei aims to mass-produce newest AI chip in early 2025, despite US curbs
Asia|Business|Economy|Finance|Stock Markets|US

US hedge funds pile into China's JD.com, GDS: Goldman

U.S. hedge funds raised their investments in U.S.-listed Chinese firms in the third quarter, with e-commerce retailer JD.com and data centre operator GDS Holdings

US hedge funds pile into China's JD.com, GDS: Goldman
Business|Economy|Europe|Finance|Stock Markets

Volkswagen enters third round of wage talks as strike action looms

Volkswagen management and worker representatives begin a third round of wage negotiations on Thursday, with just ten days left to find a solution before unions have threatened to

Volkswagen enters third round of wage talks as strike action looms
Business|Europe|Finance|Stock Markets|Technology

Nvidia disappoints, bitcoin nears $100K

A look at the day ahead in European and global markets from Ankur Banerjee The prospect of slowing sales growth at AI juggernaut Nvidia and simmering worries over geopolitical tensions are keeping

Nvidia disappoints, bitcoin nears $100K
Business|Economy|Finance

BOJ Ueda says will 'seriously' take into account FX impact on economy, prices

Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will "seriously" take into account foreign exchange-rate moves in compiling its economic and price

BOJ Ueda says will 'seriously' take into account FX impact on economy, prices
Business|Entertainment

What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News?

Two television networks with “NBC” in their names — MSNBC and CNBC — will no longer have any corporate connection to NBC News once a spinoff formally takes effect in about a year

What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News?
Business|Environment

Container shippers hedging green transition with dual-fuel vessel orders

Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse

Container shippers hedging green transition with dual-fuel vessel orders
Asia|Business|Finance|US

Starbucks considers selling stake in Chinese business, Bloomberg News reports

Starbucks is exploring options for its Chinese operations, including the possibility of selling a stake in the business to a local partner, Bloomberg News reported on Wednesday, citing

Starbucks considers selling stake in Chinese business, Bloomberg News reports
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Asian shares mostly slip despite Nvidia's solid earnings report

Asian shares have mostly fallen as regional markets tried to digest a strong profit report from Nvidia

Stock market today: Asian shares mostly slip despite Nvidia's solid earnings report
Asia|Australia|Business|Finance|Stock Markets

GQG Partners' stock plunges over 20% on US bribe, fraud charges against India's Adani

GQG Partners, which has a near 20% stake in India's Adani Group, saw its Australia-listed shares plunge 23% on Thursday after Gautam Adani, the conglomerate's chair, was indicted in the

GQG Partners' stock plunges over 20% on US bribe, fraud charges against India's Adani
Asia|Business|Economy|Finance|World

China advisers call for steady 5% 2025 economic growth goal, stronger stimulus

Chinese government advisers are recommending that Beijing should maintain an economic growth target of around 5.0% for next year, pushing for stronger fiscal stimulus

China advisers call for steady 5% 2025 economic growth goal, stronger stimulus
Business|US

US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment

U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade

US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment
Business|Economy|Finance

Flour millers face supply crunch as wheat farmers tighten grip on stocks

Wheat growers in several exporting countries are reluctant to sell their crops with prices near four-year lows, traders, farmers and

Flour millers face supply crunch as wheat farmers tighten grip on stocks
Business|Election|Finance|US

Lutnick's China ties draw fire after Trump taps him to lead US in trade, tariffs

Investment banker Howard Lutnick's exposure to China came into sharp relief on Wednesday, after Republican President-elect Donald Trump tapped him to lead the

Lutnick's China ties draw fire after Trump taps him to lead US in trade, tariffs
Business|Technology

Google must divest Chrome to restore competition in online search, DOJ says

Alphabet's Google must sell its Chrome browser, share data and search results with rivals and take other measures - including possibly selling Android - to end its monopoly on

Google must divest Chrome to restore competition in online search, DOJ says
Business|Finance|Stock Markets|US

India's Adani Group sees $30 billion in value wiped off after US indictments

Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors charged the billionaire

India's Adani Group sees $30 billion in value wiped off after US indictments
Business|Health|Science|Technology

Elon Musk's Neuralink receives Canadian approval for brain chip trial

Elon Musk's Neuralink said on Wednesday it has received approval to launch its first clinical trial in Canada for a device designed to give paralysed individuals the ability to use digital

Elon Musk's Neuralink receives Canadian approval for brain chip trial
Americas|Business|Economy|World

Mexico's lower house votes to abolish autonomous bodies

Mexico's lower house of Congress approved on Wednesday a measure to abolish most of the autonomous bodies that regulate some economic sectors and ensure government

Mexico's lower house votes to abolish autonomous bodies
Asia|Business|Finance|Stock Markets|Technology

Asian stocks stutter as Nvidia's forecast disappoints

Asian equities fell on Thursday after AI darling Nvidia disappointed investors with slower revenue growth expectations, while the dollar firmed and bitcoin hit a

Asian stocks stutter as Nvidia's forecast disappoints
Business|Science|Technology

Honda hopes to double EV driving range with solid-state batteries, R&D chief says

Honda Motor aims to double the driving range of its electric cars by the late 2020s when they start to adopt all-solid-state batteries, a new

Honda hopes to double EV driving range with solid-state batteries, R&D chief says
Business|Crime|Finance|US

Indian billionaire Gautam Adani charged in US over $265 million bribery scheme

Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million bribery scheme, plunging his

Indian billionaire Gautam Adani charged in US over $265 million bribery scheme
Business|Finance|Stock Markets

Kioxia market value set at $5 billion, Japan chipmaker to receive listing approval, sources say

Bain-backed Kioxia will have a market value of about 750 billion yen ($4.84 billion) based on the indicative price for its initial public offering,

Kioxia market value set at $5 billion, Japan chipmaker to receive listing approval, sources say
Business|Finance|Technology

Nvidia's supply snags hurting deliveries but mask booming demand

Nvidia's revenue forecast on Wednesday disappointed Wall Street, raising questions over whether the artificial intelligence boom

Nvidia's supply snags hurting deliveries but mask booming demand
Business|Economy|Finance|Technology|US

Class action lawsuit on AI-related discrimination reaches final settlement

A federal judge has signed off on a settlement agreement Wednesday in a class action lawsuit alleging that an algorithm designed to score rental applicants discriminated on the basis of race and income

Class action lawsuit on AI-related discrimination reaches final settlement

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