Key Points German technology giant Merck announced the opening of its latest Spin-on-Dielectric (SOD) application center in Anseong, Gyeonggi Province, South Korea, on Thursday. This
Key Points China’s ByteDance, the parent company of TikTok, has laid off more than 700 employees from its Malaysian operations as part of a strategic
Key Points Delta Air Lines (DAL.N) warned on Thursday of a potential revenue impact in the fourth quarter as consumers prioritize staying home around the
Key Points LG Electronics Inc. plans to double the sales of its Business Solutions (BS) division to 10 trillion won ($7.5 billion) by 2030 as
Key Points Spotify (SPOT.N), the popular audio streaming platform, announced on Thursday that it has made its free music and podcast service available in South
Key Points Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, reported third-quarter revenue that significantly exceeded both market forecasts and the company’s estimates,
Key Points European luxury brands such as Hermès and Dior are facing concerns that they may become targets in China’s retaliation against the European Union’s
Key Points On Tuesday, Boeing (BA.N) announced that it has withdrawn its pay offer to around 33,000 striking factory workers on the U.S. West Coast,
Key Points Chinese lithium producers are intentionally flooding the global market with excessive supply, leading to a steep drop in prices as part of a
Key Points On Monday, a U.S. District Judge ordered Google, a subsidiary of Alphabet (GOOGL.O), to revamp its mobile app business in response to a
Key Points Chevron Corporation announced Monday its decision to sell its assets in Alberta’s Athabasca Oil Sands and Duvernay Shale to Canadian Natural Resources Limited (CNRL) for
Key Points General Motors (GM) has paused vehicle production at two major U.S. plants, citing supply chain disruptions caused by Hurricane Helene. The production halt
Key Points Ports along the U.S. East and Gulf Coasts began reopening Thursday night following the resolution of the largest work stoppage in nearly 50
Key Points OpenAI has secured a $4 billion revolving line of credit, bringing its total liquidity to over $10 billion. This follows OpenAI’s recent funding
Key Points On Thursday, U.S. ports faced severe disruptions as the largest dockworker strike in nearly 50 years entered its third day. The strike, launched
Key Points On Wednesday, Oracle (ORCL.N) announced its plans to invest over $6.5 billion to establish its first public cloud region in Malaysia, marking a
Key Points The U.S. auto market is projected to see sluggish growth in the third quarter of 2024 as inflation and high vehicle prices deter
Key Points Serve Robotics, known for its sidewalk food delivery robots, announced a new partnership with Alphabet-owned Wing Aviation to extend its delivery range using
Key Points Amazon.com Inc. secured a partial victory on Monday when a U.S. federal court in Seattle granted a motion to dismiss part of the
Key Points According to a report from The Information, Japanese telecommunications giant SoftBank’s Vision Fund is set to invest $500 million in OpenAI as part
Key Points South Korean investors, previously drawn to the U.S. and China for higher returns, are now flocking to India. Dubbed the “Next China” by
Key Points Negotiations between Boeing and the International Association of Machinists and Aerospace Workers (IAM) have broken down, with no further discussions scheduled. On Friday,
Key Points Britain’s Competition and Markets Authority (CMA) announced on Friday that it will not pursue a deeper investigation into Amazon’s partnership with Anthropic, as
Key Points Intel Corporation (INTC) is close to finalizing an $8.5 billion funding agreement with the U.S. government, according to a report by the Financial
Key Points Microsoft (MSFT.O) has announced a significant investment of 14.7 billion reais ($2.7 billion) in Brazil over the next three years to enhance its
Key Points Brazilian airline Total Linhas Aéreas is negotiating with China’s state-owned Commercial Aircraft Corporation of China (COMAC) to become the first airline outside of
Key Points On Wednesday, U.S. Steel (X.N) announced that an arbitration board had ruled in favor of Nippon Steel’s (5401.T) $14.9 billion buyout of the
Key Points Amsterdam-based Nebius Group, which emerged from the recent restructuring of Russian tech giant Yandex, announced plans to invest more than $1 billion in
Key Points Microsoft announced a significant $1.3 billion investment over the next three years to expand its cloud computing and artificial intelligence (AI) infrastructure in
Key Points Spotify (SPOT.N) is expanding its generative artificial intelligence (AI) playlist creation tool for premium subscribers to four new markets, including the United States
Key Points On Monday, Boeing (BA.N) made a “best and final” pay offer to thousands of striking workers. Still, its largest union, the International Association
Key Points Samsung Display Co., a subsidiary of Samsung Electronics, has announced plans to invest $1.8 billion in a new factory in northern Vietnam. The
Key Points Naver Corp., the South Korean IT giant, has announced plans to establish its regional headquarters, Naver Arabia, in Saudi Arabia by the end
Key Points Two of the world’s largest chipmakers, Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics, are reportedly considering establishing major semiconductor production facilities in
Key Points Boeing announced on Friday that Ted Colbert, the head of its troubled space and defense unit, is leaving the company immediately. The management
Key Points American Airlines is negotiating with Citigroup to become its exclusive credit card partner, potentially ending its long-standing partnership with Barclays. According to insiders,
