The dollar slipped to a five-month low on Wednesday and the euro touched a four-month peak on expectations that the Federal Reserve could soon cut interest rates, but thin year-end ...
SoftBank Group Corp (9984.T) said it would receive shares in telco T-Mobile US (TMUS.O) worth some $7.59 billion at no additional cost, driving the Japanese conglomerate’s shares up 5 per ...
High food prices in recent years have prompted farmers worldwide to plant more cereals and oilseeds, but consumers are set to face tighter supplies well into 2024, amid adverse El Nino ...
“Consumers are still spending, but they’re still price conscious and want to stretch their budgets,” Sundaram said. He said the weeks between Cyber Monday and Super Saturday were a “...
Israel’s government agreed to give Intel (INTC.O) a $3.2 billion grant for a new $25 billion chip plant it plans to build in southern Israel, both sides said on Tuesday, ...
Major distillers want American drinkers to sip their Old Fashioneds, Negronis and Espresso Martinis this holiday season. But no bartender is required: these cocktails come bottled.
Diageo (DGE.L) and ...
Russia’s central bank will need two to three months to make sure that inflation is steadily declining before taking any decision on interest rate cuts, the bank’s governor ...
Russian President Vladimir Putin on Sunday signed a decree clearing the way for Rosbank (ROSB.MM) to purchase stakes in leading Russian companies owned by Societe Generale (SOGN.PA).
The ...
US chipmaker Nvidia (NVDA.O) and its employees have donated $15 million to Israeli and foreign non-profit organisations that are supporting civilians affected by Israel’s war with Palestinian militant group ...
Daihatsu said on Wednesday it halted shipments of all its vehicles after a safety investigation found issues involving 64 models, including almost two dozen sold under Toyota’s brand.
The company ...
The angular, polarizing design of the Cybertruck will help boost the Tesla brand, the electric vehicle maker’s chief designer said on Thursday, adding that the pickup was no experiment.
“...
New machines can improve conditions for workers and boost industrial productivity.
By Helen Massy-Beresford
On the shopfloor of a Dutch machine manufacturer called Hankamp Gears, workers remove bulky equipment from ...
Alphabet-owned Google (GOOGL.O) plans to reorganize a big part of its 30,000-person ad sales unit, The Information reported on Tuesday, citing a person with knowledge of the situation.
Sean ...
Canada’s BlackBerry (BB.TO) reported a surprise quarterly profit on Wednesday, backed by a resilient demand for cybersecurity services amid rising online threats.
While IT spending has dwindled over ...
IT services provider Accenture forecast second-quarter revenue below Wall Street targets on Tuesday, anticipating cautious spending by clients as macroeconomic uncertainty remains an overhang.
Analysts expect IT services expenditure to ...
By Maria Demertzis
On December 8, the EU finally concluded talks on the Artificial Intelligence act, which aims to govern the big artificial intelligence (AI) models that may pose systemic risks ...
Airbus (AIR.PA) is on course to break aerospace order records in 2023 after a buying spree from European airlines and a brisk month so far in deliveries, industry sources said ...
Toshiba (6502.T) was delisted on Wednesday after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of Japan’s biggest brands and ushered ...
Panasonic Energy, a unit of Panasonic Holdings (6752.T), on Wednesday said Oklahoma was no longer a candidate for a new electric vehicle battery plant in the United States.
The decision ...
Alphabet’s (GOOGL.O) Google said this week it will restrict the types of election-related queries its chatbot Bard and search generative experience can return responses for, in the run ...
Cypriot indie gaming company Apella Games announced on Friday that it has won a major battle against tech giant Apple Inc., which tried to block the startup from registering its ...
Global equity funds saw significant withdrawals in the week up to Dec. 20 as investor enthusiasm over potential rate cuts waned and profit-taking set in ahead of the year-end holidays.
The ...
The US Transportation Department is scrutinizing the frequent flyer programs of major US airlines for potential deceptive or unfair practices, the agency said Thursday as regulators step up oversight of ...
Elon Musk says prototypes are easy, production is hell. And when it comes to the long-awaited Cybertruck, Tesla’s hell is its pioneering 4680 battery.
Tesla delivered the first of its ...