Key Points: Samsung Electronics Co., the leading global memory chipmaker, is poised to receive dividends worth approximately 5.64 trillion won ($4.3 billion) from its subsidiary
Key Points: According to a source familiar with the matter, Cohere, an artificial intelligence startup based in Toronto, is reportedly in advanced discussions to secure
Key Points: Southwest Airlines has announced a tentative agreement on a new contract with its union flight attendants, marking a significant development in their ongoing
Key Points: SpaceX, the aerospace company founded by Elon Musk, has embarked on a new venture by offering satellite lasers for sale to other satellite
Key Points: Chip design giant Nvidia has benefited from unusually low tax rates in recent years, coinciding with the boom in artificial intelligence. However, as
Key Points: Renault Korea Motors Co. has unveiled ambitious plans to revitalize its business. By 2027, the company will invest over 700 billion won ($523
Key Points: In response to market challenges and a desire to streamline operations, Deloitte has embarked on its largest global restructuring effort in a decade.
Key Points: China’s industrial activity significantly improved at the beginning of the year, boosting policymakers grappling with a prolonged property slowdown. Combined data from the
Key Points: Kumho Tire Co., South Korea’s second-largest tire manufacturer, announced plans to invest over 1 trillion won ($750.8 million) by 2027 in constructing its
Key Points: Central Japan celebrated a significant milestone on March 16 with the inauguration of an extension to the Hokuriku Shinkansen Line, connecting Kanazawa and
Key Points: Apple Inc. has reached a $490 million settlement agreement to resolve a class-action lawsuit accusing Chief Executive Tim Cook of misleading shareholders by
Key Points: The U.S. government is reportedly preparing to award Samsung Electronics Co. more than $6 billion as part of the 2022 Chips and Science
Key Points: Foxconn, Apple’s prominent supplier and the world’s largest contract electronics maker, has announced an optimistic outlook for the upcoming year. This outlook is
Key Points: Japan Investment Corporation (JIC), a Japanese state-backed investment vehicle, is moving forward with its planned US$6 billion acquisition of JSR, a crucial player
Key Points: German sportswear giant Adidas reported its first annual loss on Wednesday in more than 30 years, citing challenges in the North American market.
Key Points: Swiss stock exchange operator SIX disclosed a loss of 1.01 billion Swiss francs ($1.15 billion) for the fiscal year 2023, primarily attributed to
Key Points: Southwest Airlines announced on Tuesday that it will need to revise its capacity plans and reassess its financial forecasts for the year due
Key Points: South Korean multinational LG Electronics Inc. has announced a strategic investment of $60 million in Bear Robotics, a Silicon Valley-based startup specializing in
Key Points: Social media giant Reddit is set to embark on its initial public offering (IPO), with plans to raise over $500 million, potentially valuing
Key Points: Volkswagen Australia announced on Monday its withdrawal from the policymaking committee of the country’s auto lobby following Tesla’s recent departure from the group.
Key Points: SK Ecoplant, a South Korean energy and environmental solutions provider, has partnered strategically with the globally renowned wellness company Therme Group to collaboratively
Key Points: The chairman of Ganfeng Lithium, a prominent Chinese supplier of lithium, expressed optimism about the lithium industry’s future, emphasizing the importance of stabilizing
Key Points: Oil prices stabilized on Friday as investors evaluated the latest U.S. employment data, seeking insights into the possibility of interest rate cuts in
Key Points: New York Community Bank (NYCB) has witnessed a substantial outflow of deposits, with customers withdrawing $6 billion between February 5 and March 5,
Key Points: T’way Air, South Korea’s second-largest low-cost carrier, sees the allocation of European routes from the Korean Air-Asiana merger as a strategic move to
Key Points: In February, U.S. private payrolls experienced a slight increase that fell slightly below expectations, signaling a potential cooling in the labor market. According
Key Points: DBS Bank is intensifying its efforts in sustainable financing, with commitments reaching approximately $70 billion by the end of 2023. This marks a
Key Points: United States federal regulators have finalized a rule to cap most credit card late fees at $8, marking a significant move by the
Key Points: In the first six weeks of 2024, Apple’s iPhone sales in China witnessed a significant decline of 24% year-on-year, according to research firm
Key Points: Alef Aeronautics, a SpaceX-backed flying car company based in San Mateo, California, has announced that it has received an impressive 2,850 preorders for
Key Points: British aerospace manufacturing and engineering company Senior plc (LSE:SNR) reported robust financial results for 2023, nearly doubling its profits, driven by heightened civil
Key Points: China’s economic activity experienced a notable rebound in 2023 following the post-COVID reopening, with real GDP growth estimated to align closely with the
Key Points: Airbus and Spirit AeroSystems have been discussing the possibility of Airbus acquiring the Belfast plant in Northern Ireland, where Spirit currently manufactures wings
Key Points: On Friday, IM Motors, the premium electric vehicle brand of Chinese automaker SAIC, announced that it has successfully secured over 8 billion yuan
Key Points: Microsoft’s strategic move to challenge telecom equipment giants like Huawei is gaining momentum, as the tech giant recently secured a deal to assist
Key Points: In a strategic move to enhance electric vehicle (EV) charging accessibility, Ford Motor is introducing Tesla Supercharging capabilities for owners of its electric
