The Singapore National Employers Federation (SNEF) has recommended that Budget 2024 include specific grants to encourage corporate adoption of artificial intelligence (AI) to enhance business
Microsoft and the AFL-CIO, the largest federation of unions in the United States, announced a groundbreaking deal on Monday. In a first-of-its-kind partnership, the two
Oil prices experienced a second consecutive session of gains on Monday, with U.S. initiatives to replenish strategic reserves offering support. Brent crude futures increased by
Saudi Arabia, the world’s leading oil exporter, is adjusting its strategy in response to the booming US oil production, leading to a price cut to
Moody’s, the global rating agency, has revised its outlook on China’s government credit ratings from stable to negative, citing increasing worries about the repercussions of
In response to growing concerns over Australia’s high cost of living, the Greens party has announced plans to lead a parliamentary inquiry into what they
Several UK banks are set to cut jobs in the lead-up to Christmas, drawing criticism from labor unions. Facing financial struggles, Metro Bank announced plans
In a marked retreat from the heady days of 2021 and early 2022, venture capital investment in Europe’s tech industry is poised to plummet by
Carnival UK has withdrawn the controversial “fire-and-rehire” strategy from negotiations involving over 900 crew members’ pay and conditions. The move followed urgent discussions between Carnival
In a landmark deal, computer chipmaker Broadcom has finalized its $69 billion acquisition of cloud computing firm VMware, marking one of the largest takeover transactions
Consumer electronics retailer Best Buy has revised its full-year sales outlook downward, citing a period of subdued demand and preparing for cost-conscious holiday shoppers. While
US Airlines are gearing up for an anticipated record-breaking Thanksgiving travel period, with the Transportation Security Administration (TSA) of the USA expecting to screen 30
According to sources familiar with the matter, Chinese chip design startup Moore Threads recently concluded a capital raise, elevating its valuation to approximately 25 billion
In a surprising turn of events, British fintech giant Wise unveiled impressive half-year results on Tuesday, revealing a nearly fourfold increase in pre-tax profits, driven
In the fiscal second quarter, SoftBank reported a surge in net sales, surpassing LSEG estimates at 1.67 trillion Japanese yen ($11 billion) against an expected
Boeing announced on Wednesday that it will deliver fewer 737 Max aircraft this year than expected due to production flaws detected on the fuselages of
Tesla shares plummeted more than 15% last week after CEO Elon Musk sounded the alarm on macroeconomic concerns during the company’s third-quarter earnings call. For
Taiwan-based Foxconn, renowned as the assembler of Apple’s iPhones, has revealed plans to construct AI data factories in collaboration with American chip giant Nvidia. The
In its initial quarterly report following the separation from its consumer health spinoff Kenvue in August, Johnson & Johnson (J&J) has outperformed Wall Street’s expectations,
The ongoing conflict between Palestine’s Hamas and Israel has raised concerns about geopolitical risks in financial markets, prompting investors to closely watch for potential repercussions
Walgreens, a retail pharmacy giant, reported fiscal fourth-quarter earnings that fell short of expectations as demand for COVID-19 vaccines and tests decreased in the U.S.
Nvidia, the leading AI chipmaker globally, has decided to cancel its upcoming AI summit scheduled to take place in Tel Aviv due to escalating safety
In a recent development, Hyundai Motor and Kia have unveiled plans to incorporate Tesla’s electric vehicle (EV) charging system, known as the North American Charging
In a recent report by The Wall Street Journal, it has been revealed that streaming giant Netflix is preparing to increase subscription prices once again,
In a recent announcement, Samsung’s contract chip manufacturing division revealed a significant contract with Tenstorrent, a promising Canadian startup specializing in artificial intelligence (AI) chip
In a strategic shift, Volkswagen (VOWG_p.DE), Europe’s largest carmaker, has decided to manufacture the upcoming Trinity electric vehicles (EVs) at its factory in Zwickau, Germany,
In a significant stride towards bolstering Saudi Arabia’s electrification initiative, Lucid Group, a prominent electric vehicle (EV) manufacturer, officially launched its inaugural international manufacturing facility
In a significant achievement, Tidal Partners, a mergers and acquisitions advisory firm founded last year by former dealmakers from Centerview Partners, successfully advised Cisco Systems
The rapid growth of electric vehicle (EV) adoption in the US is at a critical juncture, with automakers investing billions to bring more EV models
Intel Corp. faced a renewed €376.36 million ($400 million) fine from European Union (EU) antitrust regulators. This penalty follows a prior landmark ruling where a
Amazon announced on Tuesday that it is embarking on a significant hiring, aiming to employ a staggering 250,000 workers across the United States to effectively
In a landmark antitrust trial, Google has unveiled a compelling aspect of its defense, underscoring that users willingly opt for its search engine when it
The recent slide in Apple suppliers’ stock prices due to China’s anxiety and the threat from Huawei has sent shockwaves through the tech industry. This
The US government is gearing up for a major shift in auto emissions standards that could propel electric vehicles (EVs) to the forefront of the
