Key Points: Alibaba Cloud, the cloud computing arm of Alibaba Group, announced a significant price reduction for over 100 core cloud products, with cuts of
Key Points: The U.S. economy experienced robust growth in the fourth quarter (Q4) of 2023, driven by strong consumer spending, according to the second estimate
Key Points: Korea Hydro & Nuclear Power (KHNP) has taken a significant step to ensure a stable supply of enriched uranium by signing a Letter
Key Points: A recent report released by the American Chamber of Commerce in South China (AmCham South China) on Tuesday indicates that a majority of
Key Points: Chipmaker Broadcom’s CEO, Tan Hock Eng, saw his annual compensation skyrocket to $161.8 million in 2023, according to a filing with the US
Key Points: Michael O’Leary, the CEO of Ryanair, has cautioned that holidaymakers can expect higher fares this summer due to delayed deliveries of new Boeing
Key Points: Oil prices declined on Monday, extending losses from the previous session, as the U.S. dollar strengthened amidst concerns about higher-than-expected inflation potentially delaying
Key Points: Chipmaker Broadcom is on the brink of finalizing a $3.8 billion deal to offload its end-user computing (EUC) business to private equity firm
Key Points: Major airlines, including United Airlines, American Airlines, and JetBlue Airways, have implemented a two-tier pricing strategy for checked baggage, encouraging passengers to pay
Key Points: Germany’s chemical giant BASF announced plans to reduce costs by 1 billion euros annually at its Ludwigshafen headquarters, citing sluggish demand and high
Key Points: The Shanghai municipal government has unveiled an online portal named the International Services Shanghai, launched on January 1, to provide expats and foreigners
Key Points: Jasper, a writing assistant startup based in the United States, has announced its acquisition of Clipdrop from Stability AI, an AI-powered photo application.
Key Points: Hyundai Motor Co. and Kia Corp., South Korea’s leading automakers, are setting their sights on a 4.2% increase in sales in India for
Key Points: Canadian oil producers are looking forward to a significant reduction in the discount on their crude as the Trans Mountain pipeline expansion (TMX)
Key Points: In a groundbreaking collaboration, Samsung Electronics has joined forces with Arm Inc. to introduce Arm’s cutting-edge Cortex-X central processing unit (CPU) optimized on
Key Points: CenterPoint Energy (CNP.N) decided to divest its natural gas assets in Louisiana and Mississippi for $1.2 billion to Bernhard Capital Partners. This move
Key Points: Business leaders in Singapore have lauded the government’s plan to invest more than $1 billion over the next five years to enhance the
Key Points: The United States government has announced a $1.5 billion award to GlobalFoundries (GFS.O) to bolster semiconductor production as part of efforts to enhance
Key Points: Japanese trading giant Mitsubishi Corporation is poised to make its foray into the Indian car sales market by acquiring a stake of over
Key Points: Brussels is set to impose a historic fine of around €500 million on tech giant Apple for allegedly violating EU law regarding access
Key Points: Nearly 9,000 United Auto Workers (UAW) union members at Ford’s largest and most profitable truck plant in Kentucky are poised to go on
Key Points: Nike revealed late Thursday that it plans to reduce its current workforce by 2%, resulting in more than 1,500 job cuts, as part
Key Points: Samsung Electronics, the global leader in memory chip manufacturing, has achieved a significant milestone by securing its first contract to produce artificial intelligence
Key Points: Nokia and Dell Technologies have announced a strategic partnership to facilitate the deployment of private 5G networks and enhance network adaptation to the
Key Points: In a strategic move to reshape the global semiconductor industry, Japanese chipmaker Renesas Electronics is poised to acquire Altium, an Australian-listed electronics design
Key Points: Delta Air Lines has announced a significant increase in its profit-sharing payout, totaling $1.4 billion, more than double the amount paid to employees
Key Points: Sony (6758.T) has reported a robust 10% increase in operating profit for the third quarter, surpassing estimates driven by the success of its
Key Points: Skylo Technologies, a Silicon Valley-based space startup, has secured $37 million in funding from corporate venture arms, including Intel Capital, BMW i Ventures,
Key Points: APR, a prominent Korean company renowned for integrating technology and beauty products, is gearing up for an initial public offering (IPO) while leveraging
Key Points: Amazon founder Jeff Bezos’ recent $2 billion stock sale came with a significant financial benefit: no state taxes, thanks to his strategic relocation
Key Points: In Bank of America’s analysis, the global economic landscape is characterized by distinct trajectories, with markets worldwide reflecting these shifts. According to Bank
Key Points: Amid the dynamic landscape of short-term rentals and Airbnb, a scheme known as Hands-Free Automation (HFA) has been scrutinized, with investors seeking damages
Cisco, the network giant based in San Jose, California, is reportedly planning a significant restructuring of its business operations. According to sources familiar with the
Barclays, a major player in the banking industry, has announced a significant shift in its financing strategy by revealing plans to cease direct funding for
Key Points: Investors who initially embraced Nippon Steel’s $14 billion-plus bid for U.S. Steel are now navigating choppy waters as political risk signals emerge. Former
European lenders were scrutinized on Thursday as analysts evaluated the potential contagion risks stemming from commercial real estate market challenges. Deutsche Bank faced particular attention,
