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Today: December 22, 2024
Today: December 22, 2024

Business

Business|Entertainment|Sports

Greg Maffei steps down as CEO of Liberty Media, the company that owns F1

Greg Maffei is stepping down as president and chief executive of Formula 1 owner Liberty Media

Greg Maffei steps down as CEO of Liberty Media, the company that owns F1
Business|Economy|Finance

UK markets watchdog softens naming and shaming plan

Britain's Financial Conduct Authority (FCA) on Wednesday softened proposals to publicly name some companies under investigation after a backlash from industry and

UK markets watchdog softens naming and shaming plan
Business|Economy|Finance

Inflation hit a bump in October after slowing for six straight months

Inflation hit a bump in October after slowing for six straight months

Inflation hit a bump in October after slowing for six straight months
Asia|Business|Finance

Seven & i's reported offer and the biggest management buyouts to date

Japan's Seven & i Holdings said on Wednesday it has received a buyout proposal from its vice president who is a member of its founding Ito family.

Seven & i's reported offer and the biggest management buyouts to date
Crime|US

Explosion at Kentucky business injures 11 workers, shatters windows in surrounding neighborhood

At least 11 employees have been taken to hospitals after an explosion at a Louisville, Kentucky, plant caused a partial collapse of the building and blew out windows in nearby homes and businesses

Explosion at Kentucky business injures 11 workers, shatters windows in surrounding neighborhood
Uncategorized

OpenAI co-founder Greg Brockman returns to ChatGPT maker

OpenAI co-founder Greg Brockman has returned to the artificial intelligence startup three months after taking a leave from his role as president, he said in a post on X on Tuesday.

OpenAI co-founder Greg Brockman returns to ChatGPT maker
Business|Economy|Europe|Sports

French economy to stall in 4th quarter, central bank says

French economic growth will flatline in the final three months of the year as activity moderates in the wake of the Olympic Games, the central bank said on Tuesday in its monthly

French economy to stall in 4th quarter, central bank says
Business|Economy|Finance

Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects

Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive to diversify away

Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects
Business|Economy|Finance|Technology

Boeing got the easy part done. Now comes the tougher, existential problems

Boeing got the easy part done. Now comes the tougher, existential problems

Boeing got the easy part done. Now comes the tougher, existential problems
Business|Economy|Technology

Boeing says it will take several weeks to resume production of planes after the strike

Boeing says it will be several weeks before it fully resumes building passenger planes, as factory workers return following a strike that lasted nearly two months

Boeing says it will take several weeks to resume production of planes after the strike
Uncategorized

Vardis Vardinoyannis, Greek business magnate and Kennedy family friend, dies at 90

Vardis J

Vardis Vardinoyannis, Greek business magnate and Kennedy family friend, dies at 90
Business|Finance|Technology

Japan's SoftBank returns to profit after gains at Vision Fund and other investments

Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investments

Japan's SoftBank returns to profit after gains at Vision Fund and other investments
Business|Economy|Europe|Technology|US

CEOs of European chip makers concerned about nationalist industrial policies

The CEOs of Europe's three biggest computer chip makers on Monday said that demands by the U.S., Chinese and European governments that each region have its own

CEOs of European chip makers concerned about nationalist industrial policies
Business|Economy|Finance

Indonesia gives small, medium businesses six-month window for loan forgiveness

Indonesia has opened a six-month window until May 2025 for certain businesses to receive full loan forgiveness from state banks, a policy that aims to boost loan and economic

Indonesia gives small, medium businesses six-month window for loan forgiveness
Election|Finance|Stock Markets|US

After Trump win, investors savor 'red sweep' possibilities

Investors are increasingly factoring what potential Republican control of government could mean for stocks, bonds and currencies, even as the first feverish

After Trump win, investors savor 'red sweep' possibilities
Business|Celebrity|Entertainment|Finance|Stock Markets|Technology|US

Trump just made $500 million with a single Truth Social post

Trump just made $500 million with a single Truth Social post

Trump just made $500 million with a single Truth Social post
Business|Finance

Ackman wants to move Pershing Square, UMG from Amsterdam after attacks

Billionaire Bill Ackman said on Friday he would seek to delist investment firm Pershing Square Holdings and move record label Universal Music Group away from Amsterdam, following

Ackman wants to move Pershing Square, UMG from Amsterdam after attacks
Business|Economy|Election|Finance|US

Steven Madden to cut sourcing from China on tariff worries under Trump

Steven Madden executives said on Thursday the company was working quickly to shift product sourcing out of China to other countries after Donald Trump's U.S. presidential election victory.

Steven Madden to cut sourcing from China on tariff worries under Trump
Business|Economy|Technology|US

FAA to strengthen oversight as Boeing set to resume 737 MAX production

The Federal Aviation Administration said on Thursday it will boost its oversight of Boeing as the planemaker prepares to resume production of its 737 MAX jets

FAA to strengthen oversight as Boeing set to resume 737 MAX production
Business|Lifestyle|US

Elf Beauty bets big on rural market with Dollar General partnership

Elf Beauty, a maker of affordable cosmetics, is betting on rural markets and a tie-up with Dollar General to fuel its expansion as it hedges against a slowdown in

Elf Beauty bets big on rural market with Dollar General partnership
Business|Economy|Finance|Stock Markets|Technology|US

Trump's win made Elon Musk $15 billion richer

Tesla shares surged on Donald Trump’s presidential victory, increasing the net worth of the world’s richest man.

Trump's win made Elon Musk $15 billion richer
Business|Economy|Europe|Finance

Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade

Sweden’s central bank has cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction in over a decade

Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade
Business|Europe|Technology

Airbus delivers 62 more planes, chasing challenging full-year target

Airbus delivered 62 jets in October to bring this year's total to 559, the company said on Thursday, as it chases an increasingly challenging year-end target.

Airbus delivers 62 more planes, chasing challenging full-year target
Business|Economy|Finance

UK house prices hit record high but rise by least in 3 months, Halifax says

British house prices hit a new record high in October but the 0.2% rise from September was the smallest in three months and demand could remain subdued if interest rates fall only

UK house prices hit record high but rise by least in 3 months, Halifax says
Election|US

What Trump's 2024 election win means for Asian companies

Donald Trump has been elected U.S. president, capping a remarkable comeback four years after he was voted out of the White House.

What Trump's 2024 election win means for Asian companies
Business|Economy|Finance

Half of Japan firms target wage hike of 3% or more for 2025, Reuters survey shows

Slightly more than half of Japanese firms are looking to raise wages by 3% or more for the next business year, a Reuters survey showed, but a majority of companies baulked at Prime

Half of Japan firms target wage hike of 3% or more for 2025, Reuters survey shows
Business|Economy|US

Stellantis to lay off 1,100 workers at Ohio Jeep plant

Stellantis said on Wednesday it is laying off about 1,100 employees at a Jeep Gladiator plant in Toledo, Ohio, as it works to improve efficiency and reduce inventory

Stellantis to lay off 1,100 workers at Ohio Jeep plant
Business|Finance|Stock Markets|Technology|US

Trump’s social media stock spikes and then fades fast after election victory

Trump’s social media stock spikes and then fades fast after election victory

Trump’s social media stock spikes and then fades fast after election victory
Business|Economy|Europe

German services sector shows modest growth in Oct despite weak demand, PMI shows

Germany's services sector saw a slight uptick in business activity in October, reaching a three-month high, although underlying demand remained weak, according to the HCOB Germany

German services sector shows modest growth in Oct despite weak demand, PMI shows
Economy|Europe|Finance

Italian service sector expansion gains pace in Oct, PMI shows

Italy's service sector regained strength in October after almost stagnating in September, a survey showed on Wednesday, lifted by a jump in new domestic business.

Italian service sector expansion gains pace in Oct, PMI shows
Business|Europe|Finance

M&S turnaround gathers traction with first-half profit beat

British retailer Marks & Spencer forecast strong Christmas trading after reporting a better-than-expected 17% rise in first-half profit, adding to evidence its latest

M&S turnaround gathers traction with first-half profit beat
Business|Economy|Europe

Russian services sector growth accelerates in October, PMI shows

Russia's services sector activity expanded slightly faster in October than in the previous month as output and new orders rose again, a business survey showed on Wednesday.

Russian services sector growth accelerates in October, PMI shows
Asia|Business|Economy|Finance

Strong demand revives India services PMI in October

Growth in India's dominant services industry picked up last month after dipping to a 10-month low rate in September amid a marked expansion in demand, according

Strong demand revives India services PMI in October
Business|Entertainment|Technology

Nintendo Chief insists the Switch momentum will keep going, even after its successor

Japanese video game maker Nintendo’s chief says its Switch console sales are still going strong, while he promised that a successor is coming

Nintendo Chief insists the Switch momentum will keep going, even after its successor
Business|Technology

Nintendo Switch software to be playable on successor device

Nintendo President Shuntaro Furukawa said on Wednesday that software for the company's Switch console would be playable on the successor device.

Nintendo Switch software to be playable on successor device
Business|Lifestyle|US

Bernie Marcus, The Home Depot co-founder and billionaire philanthropist, dies at 95

Bernard “Bernie” Marcus, the co-founder of The Home Depot, a billionaire philanthropist, and a big Republican donor, has died

Bernie Marcus, The Home Depot co-founder and billionaire philanthropist, dies at 95
Business|Europe|Fashion and Beauty

Hugo Boss seeks to grow in China despite weak demand, CFO says

German fashion house Hugo Boss said on Tuesday it sought to expand its limited exposure to China and build brand visibility over the long run, despite a dent to its third

Hugo Boss seeks to grow in China despite weak demand, CFO says
Technology

Super giant TVs are flying off store shelves

Super giant TVs are flying off store shelves

Super giant TVs are flying off store shelves
Business|Europe|Finance|Stock Markets

Air France KLM shares fall as Morgan Stanley downgrades stock

Air France KLM shares fell on Tuesday after Morgan Stanley cut its rating on the stock to 'underweight' from 'equal weight'.

Air France KLM shares fall as Morgan Stanley downgrades stock
Africa|Business|Economy|Finance

South Africa's private sector growth sustained in October as costs fall, PMI shows

South Africa's private sector maintained its growth trajectory in October, bolstered by a decline in business costs and selling prices, a Purchasing Managers' Index (PMI)

South Africa's private sector growth sustained in October as costs fall, PMI shows
Business|Finance|Technology

Nintendo cuts annual profit forecast 10% as Switch sales slow

Nintendo cut its operating profit forecast for the year to March 2025 by 10% to 360 billion yen ($2.36 billion) on Tuesday, as sales of its ageing Switch console

Nintendo cuts annual profit forecast 10% as Switch sales slow
Asia|Business|Technology

Japan taps US chip startup Tenstorrent to help train new wave of engineers

Tenstorrent, a Silicon Valley artificial intelligence chip startup founded by Apple and Intel veterans, said it had won a deal with the Japanese government to help train

Japan taps US chip startup Tenstorrent to help train new wave of engineers
Business|Europe|Fashion and Beauty|US

Burberry's new CEO faces outlet store and pricing dilemmas

Burberry's new CEO Joshua Schulman faces an uphill task to turn around the British luxury brand whose sales have declined sharply while its

Burberry's new CEO faces outlet store and pricing dilemmas
Business|Economy

Saudi non-oil business activity lifted by faster new order growth in October, PMI shows

The pace of growth in Saudi Arabia's non-oil sector continued to accelerate in October, lifted by the fastest growth in new orders since March, a survey showed on Tuesday.

Saudi non-oil business activity lifted by faster new order growth in October, PMI shows
Business|Technology

OpenAI in talks with California to become for-profit company, Bloomberg News reports

Sam Altman-led OpenAI is in early talks with the California attorney general's office to change its corporate structure in a bid to become a for-profit business, Bloomberg News reported on

OpenAI in talks with California to become for-profit company, Bloomberg News reports
Business|Economy|Finance|US

Dollar Tree CEO Rick Dreiling abruptly steps down

Dollar Tree CEO Rick Dreiling abruptly steps down

Dollar Tree CEO Rick Dreiling abruptly steps down
Business|Finance|Stock Markets|US

US CEOs fired more quickly over low stock prices this year, report says

U.S. companies with lagging stock prices are now quicker to blame management and fire their top executive, but the process of finding a replacement has

US CEOs fired more quickly over low stock prices this year, report says
Business|Election

Political bickering and policy uncertainty take a toll on business investment, research shows

The end of the election season could bring a sigh of relief to businesses.

Political bickering and policy uncertainty take a toll on business investment, research shows
Business|Economy|Finance|Technology

In changing climate, retailers turning to weather strategies

By Nicholas P.

In changing climate, retailers turning to weather strategies
Business|Economy|Food|Lifestyle

Drinkers are pushing back on expensive booze

Drinkers are pushing back on expensive booze

Drinkers are pushing back on expensive booze
Business|Economy|Europe|Finance

German factory sector catches breath in October after tough September, shows PMI

The downturn in Germany's manufacturing sector eased somewhat in October as output, new orders and employment all slowed their rates of decline after the previous

German factory sector catches breath in October after tough September, shows PMI
Business|Economy|Europe

French industry stuck in recession and outlook stays bleak, survey finds

France's manufacturing sector remained stuck in decline in October as factory output fell at its fastest rate in nine months, dragged down by low new orders, particularly from

French industry stuck in recession and outlook stays bleak, survey finds
Business|Economy|Europe|Finance

German companies' hiring plans drop to four-year low, Ifo finds

German companies are less willing to hire new staff than at any point in more than four years, data from the Ifo institute showed on Monday, as weakness in Europe's largest economy

German companies' hiring plans drop to four-year low, Ifo finds
Business

Nvidia's Huang asked SK Hynix to bring forward supply of HBM4 chips by 6 months, SK's chairman says

Nvidia CEO Jensen Huang had asked memory chip maker SK Hynix to bring forward by six months the supply of its next-generation high-bandwidth memory chips

Nvidia's Huang asked SK Hynix to bring forward supply of HBM4 chips by 6 months, SK's chairman says
Arts|Business|Entertainment|Lifestyle|Technology

A TV as big as a bed? With the holidays approaching, stores stock more supersize sets

For some television viewers, size apparently does matter

A TV as big as a bed? With the holidays approaching, stores stock more supersize sets
Environment|Health

With carbon capture boom, a wariness in historic Louisiana Black community over more pollution

Residents of the historic Black community of Elkinsville in southeastern Louisiana have elevated their fight against an ammonia plant proposed nearby

With carbon capture boom, a wariness in historic Louisiana Black community over more pollution
Business|Economy|US

Is this the deal to end Boeing’s crippling 7-week strike?

Is this the deal to end Boeing’s crippling 7-week strike?

Is this the deal to end Boeing’s crippling 7-week strike?
Business|Economy|US

US manufacturing drops to 15-month low in October

U.S. manufacturing activity slumped to a 15-month low in October and factories faced higher prices for inputs.

US manufacturing drops to 15-month low in October
Business|Economy|Finance

Canadian manufacturing PMI rises to 20-month high in October

Canadian manufacturing activity increased at a faster pace in October as production and employment picked up in anticipation of rising orders, data showed on Friday

Canadian manufacturing PMI rises to 20-month high in October
Africa|Business|Economy

South African factory sector expands for second month, Absa PMI shows

South African manufacturing activity grew in October for the second month in a row, a local purchasing managers' index (PMI) survey showed, the first time since early 2023

South African factory sector expands for second month, Absa PMI shows
Business|Europe|Finance|Technology

UK finance firms told to beef up buffers against CrowdStrike-like events

Financial companies in Britain must prepare to ensure they can deliver business services in "severe but plausible" scenarios, such as a global tech outage, to minimise any impact on

UK finance firms told to beef up buffers against CrowdStrike-like events
Business|Finance|Technology|US

Ford's head of integrated services leaves automaker to join Peloton

The head of Ford Motor's integrated services, who was tasked with leading one of the automaker's most important teams, is departing after about one year, the company said on

Ford's head of integrated services leaves automaker to join Peloton
Business|Economy|Technology|US

Ford to halt production of F-150 Lightning EV pickup trucks for six weeks

Ford Motor will halt production of its F-150 Lightning electric vehicle pickup trucks for six weeks from Nov. 18 to Jan. 6, the Dearborn automaker said on Thursday.

Ford to halt production of F-150 Lightning EV pickup trucks for six weeks
Business|Europe|Finance|Health

EU Commission fines Teva $500 million for trying to stop rival's multiple sclerosis drug

The European Commission has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for disparaging a rival company’s development of a competing medicine

EU Commission fines Teva $500 million for trying to stop rival's multiple sclerosis drug
Economy|Europe

German retail sales unexpectedly rise in September

German retail sales unexpectedly rose in September, extending an upward trend started in June, although growing at a slower pace.

German retail sales unexpectedly rise in September
Asia|Economy|Finance

China Oct PMI expansions point to impact of fiscal support

China's manufacturing activity expanded for the first time in six months and services picked up in October, indicating that Beijing's latest stimulus measures are

China Oct PMI expansions point to impact of fiscal support
Business|Finance|Health|US

Jury asked to award more than $6 billion in preterm formula case against Abbott, Reckitt's Mead

A lawyer for a Missouri mother on Wednesday asked a jury to make Abbott and Reckitt's Mead Johnson pay a total of more than $6 billion in the latest trial over claims

Jury asked to award more than $6 billion in preterm formula case against Abbott, Reckitt's Mead
Business|Europe|Finance

Airbus picks successor for jetmaking arm, CEO stays on

Europe's Airbus kickstarted a surprise leadership transition in its biggest business on Wednesday, with the chief of German engine-maker MTU Aero Engines tapped to

Airbus picks successor for jetmaking arm, CEO stays on
Business|Finance|Stock Markets

Chewy slides after filing shows third-biggest shareholder, 'Roaring Kitty,' sold his stake

Shares of Chewy slid close to 2% in overnight trading after a regulatory filing revealed that the meme stock trader known as Roaring Kitty had sold his stake in the online pet store

Chewy slides after filing shows third-biggest shareholder, 'Roaring Kitty,' sold his stake
Economy|Finance|Stock Markets

OPEC+ could delay December oil output hike, sources say

OPEC+ could delay December's planned increase to oil production by a month or more, four sources close to the matter

OPEC+ could delay December oil output hike, sources say
Business|Finance|Stock Markets|US

Ford investors impatient for the automaker to boost efficiency efforts

Ford Motor stock has tumbled about 8% so far this week after the company faltered on CEO Jim Farley's mission to improve efficiency in its traditional gasoline-engine

Ford investors impatient for the automaker to boost efficiency efforts
Asia|Business|Economy|Finance|Technology

TikTok’s founder is now China’s richest person. But the country’s total number of billionaires has shrunk

TikTok’s founder is now China’s richest person. But the country’s total number of billionaires has shrunk

TikTok’s founder is now China’s richest person. But the country’s total number of billionaires has shrunk
Business|Finance|Stock Markets|US

US broker Schwab to roll out broader overnight trading platform

Charles Schwab Corp plans to expand the availability of 24-hour trading to include all stocks in major U.S. indexes as well as hundreds of ETFs beginning in about two

US broker Schwab to roll out broader overnight trading platform
Asia|Business|Finance|Stock Markets

Korea Zinc shares dive on plan to issue $1.8 billion of new stock after buyback

Shares in Korea Zinc fell as much as 29.9% to their daily lower limit on Wednesday after the world's top zinc refiner said it planned to issue new stock

Korea Zinc shares dive on plan to issue $1.8 billion of new stock after buyback
Business|Food

Starbucks abandons the olive oil coffee that was the brainchild of its former CEO

Starbucks abandons the olive oil coffee that was the brainchild of its former CEO

Starbucks abandons the olive oil coffee that was the brainchild of its former CEO
Uncategorized

Special Report-Inside Intel, CEO Pat Gelsinger fumbled the revival of an American icon

By Max A.

Special Report-Inside Intel, CEO Pat Gelsinger fumbled the revival of an American icon
Business|Economy|Election|US

American consumers feeling much more confident as Election Day nears

American consumers are feeling quite a bit more confident this month as Election Day approaches, a business research group says

American consumers feeling much more confident as Election Day nears
Business|Economy

Fed's rate cut revives small business optimism and plans to borrow

This past summer, leads for Brian Brown's landscaping business near Lake Tahoe were drying up.   

Fed's rate cut revives small business optimism and plans to borrow
Business|Economy|Europe

Workers launch strikes as Germany frets over industrial future

Thousands of German workers launched nationwide strikes to press for higher wages on Tuesday, compounding problems for companies worried about

Workers launch strikes as Germany frets over industrial future
Business|Europe|Sports|Stock Markets

Top Adidas shareholder cuts stake to 3.51%

Top Adidas shareholder Groupe Bruxelles Lambert has cut its stake in the German sportswear company to 3.51%, Adidas announced in filings on Tuesday.

Top Adidas shareholder cuts stake to 3.51%
Business|Finance|Stock Markets

HSBC coy on cost savings of revamp as quarterly profit tops expectations

HSBC Holdings beat third quarter profit expectations on Tuesday thanks to rising wealth and wholesale banking revenue, but kept investors

HSBC coy on cost savings of revamp as quarterly profit tops expectations
Uncategorized

Startup Untether launches AI chips

By Max A.

Startup Untether launches AI chips
Business|Economy|Europe|Finance

STOXX 600 rises ahead of key data and US tech earnings, energy shares cap gains

Europe's main stock index closed higher on Monday as gains across most sectors outweighed the weakness in energy stocks on a slide in oil prices, with

STOXX 600 rises ahead of key data and US tech earnings, energy shares cap gains
Business|Economy|US

Washington Post reports Elon Musk briefly worked illegally in US in 1990s

South African-born billionaire businessman Elon Musk worked illegally in the United States during a brief period in the 1990s while building a startup company, the Washington

Washington Post reports Elon Musk briefly worked illegally in US in 1990s
Business|Economy|Finance

China Evergrande's EV unit to cease discussions for stake sale

China Evergrande New Energy Vehicle said on Friday that its potential sellers have decided to cease talks for a stake sale in the company, which is the electric vehicle unit of the debt-

China Evergrande's EV unit to cease discussions for stake sale
Business|Economy|Finance|US

US core capital goods orders solid; business equipment spending a touch cooler

New orders for key U.S.-manufactured capital goods increased more than expected in September, though business spending on equipment probably slowed marginally

US core capital goods orders solid; business equipment spending a touch cooler
Economy|Europe|Finance

Germany's FDP to host its own economic summit on same day as Scholz

German Finance Minister Christian Lindner's Free Democrats (FDP) are organising their own economic summit next Tuesday, the same day Chancellor Olaf Scholz has invited business

Germany's FDP to host its own economic summit on same day as Scholz
Business|Economy|US

In a suburban Miami shopping center, Kmart's last 'Blue Light Specials' flicker

The last Kmart on the U.S. mainland sits alone at the west end of a suburban Miami shopping center, quiet and largely ignored

In a suburban Miami shopping center, Kmart's last 'Blue Light Specials' flicker
Business|Economy|Finance

Keurig Dr Pepper will buy energy drink maker Ghost for more than $1 billion

Keurig Dr Pepper will buy energy drink maker Ghost for more than $1 billion

Keurig Dr Pepper will buy energy drink maker Ghost for more than $1 billion
Business|Economy|Europe

EU leaders to set deadlines on bloc's competitiveness push

European Union leaders will set multiple deadlines for a deeper single market, more capital for investments and a unified energy market, according to draft

EU leaders to set deadlines on bloc's competitiveness push
Business|Economy|Finance|Political|World

IMF chief warns that world risks falling into slow-growth rut and urges China to enact reforms

The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International Monetary Fund warned Thursday

IMF chief warns that world risks falling into slow-growth rut and urges China to enact reforms
Economy|US

Proof that immigrants fuel the US economy is found in the billions they send back home

A new study finds that immigrants contribute about $2.2 trillion annually to the US economy, and that might be an undercount.

Proof that immigrants fuel the US economy is found in the billions they send back home
Business|Economy|Europe|Finance|Technology

Intel scores fresh win against EU after top court backs annulment of billion-euro antitrust fine

Chipmaker Intel has won a fresh victory in a long-running battle against European Union competition watchdogs after the bloc’s top court confirmed a lower tribunal’s decision to overturn a billion-euro antitrust penalty

Intel scores fresh win against EU after top court backs annulment of billion-euro antitrust fine
Business|Economy|Europe

Euro zone business activity stuck in a rut, survey shows

Euro zone business activity stalled again this month, remaining in contractionary territory as demand from both home and abroad fell despite firms barely increasing

Euro zone business activity stuck in a rut, survey shows
Business|Europe|Finance|Technology

French court approves Atos rescue plan

French technology group Atos has received approval from the Nanterre Commercial Court for its proposed accelerated restructuring plan, the company said on Thursday.

French court approves Atos rescue plan
Business|Europe|Finance|Stock Markets

LSEG's third-quarter income tops forecasts, shares hit record

London Stock Exchange Group said on Thursday that its income rose a better-than-expected 9.5% in the third quarter after strong growth in its capital markets

LSEG's third-quarter income tops forecasts, shares hit record
Australia|Business|Technology

Australia's WiseTech says CEO stepping down after media furore about his personal life

Australia's WiseTech Global said on Thursday that Chief Executive Richard White will step down, an announcement that follows media reports of allegations about his personal

Australia's WiseTech says CEO stepping down after media furore about his personal life
Asia|Business|Technology

Nvidia to supply chips to Reliance, other Indian companies in AI push

Nvidia will supply artificial intelligence processors to Indian companies such as Mukesh Ambani's Reliance Industries, the chip giant said

Nvidia to supply chips to Reliance, other Indian companies in AI push
Asia|Business|Economy|Finance

India's business activity grows at faster clip in Oct, PMI shows

Growth in India's business activity picked up slightly in October after softening last month, led by stronger demand in the manufacturing sector, according to a

India's business activity grows at faster clip in Oct, PMI shows