Key Points: China has issued a stern warning of severe economic retaliation against Japan if it continues to impose restrictions on the sales and servicing
Key Points: The Dutch government has imposed new restrictions on ASML, limiting the company’s ability to service and provide spare parts for advanced deep ultraviolet
Key Points: According to an official factory survey released on Saturday, China’s manufacturing sector slowed to a six-month low in August. This raises expectations that
Key Points: Google, a subsidiary of Alphabet Inc. (GOOGL.O), announced Thursday that it will establish its second data center in Latin America in Canelones, Uruguay.
Key Points: Emirates Global Aluminium (EGA), the largest aluminum producer in the Middle East, is seeking more acquisitions to fuel its growth, particularly in the
Key Points Apple Inc. has laid off approximately 100 employees in its digital services group, with the most significant reductions affecting teams responsible for the
Key Points South Korea’s Samsung SDI and General Motors (GM) have officially completed an agreement to build a joint electric vehicle (EV) battery manufacturing plant
Key Points Nvidia is expected to report a more than doubling of its second-quarter revenue on Wednesday, fueled by its dominance in AI chips. However,
Key Points Hyundai Motor and Kia have achieved A ratings from the world’s leading credit rating agencies—S&P Global Ratings, Moody’s, and Fitch Ratings—recognizing their strong
Key Points: Malaysia and India are set to enhance their economic partnership through an upgraded Free Trade Agreement (FTA) following Malaysian Prime Minister Datuk Seri
Key Points: The exchange confirmed that Societe Generale International (SOGN.PA) announced it would exit its membership on the London Metal Exchange’s (LME) open-outcry trading floor
Key Points: A major labor dispute in Canada has led to the shutdown of freight traffic on the country’s two largest railways, Canadian National Railway
Key Points: On Wednesday, Ford Motor Company announced significant changes to its electric vehicle (EV) strategy. These included delaying the production of a next-generation all-electric
Key Points: Saudi Arabia’s Public Investment Fund (PIF) is in preliminary discussions to establish a new cargo airline to transform the kingdom into a major
Key Points South Korea’s major low-cost carriers (LCCs) are grappling with a sluggish recovery in passenger routes to China, further exacerbated by persistent financial challenges,
Key Points: South Korean artificial intelligence (AI) chip makers Rebellions Inc. and Sapeon Korea Inc. have officially signed a definitive merger agreement, as announced on
Key Points Alibaba Group Holding (9988.HK) reported first-quarter revenue that fell short of market expectations on Thursday. Its domestic e-commerce sales faced challenges due to
Key Points Cisco Systems (CSCO.O) reported a rebound in demand for its networking equipment. They announced a 7% reduction in its global workforce as part
Key Points JetBlue Airways (JBLU.O) faced a significant blow as credit rating agencies S&P and Moody’s downgraded the airline following its announcement to raise over
Key Points Cisco Systems Inc. is preparing to cut thousands of jobs in its second round of layoffs this year as the U.S. networking giant
Key Points Delta Air Lines reported a financial hit of approximately $550 million following a significant outage caused by CrowdStrike last month, which led to
Key Points Bumble (BMBL.O) ‘s share price significantly declined, dropping 30% after the company slashed its annual revenue growth forecast. The dating app operator’s disappointing
Key Points Apple’s lucrative deal with Google is facing potential termination after a U.S. judge ruled that Google, owned by Alphabet, was operating an illegal
Key Points The National Transportation Safety Board (NTSB) announced that several executives from Boeing and Spirit AeroSystems will testify in a two-day hearing starting Tuesday
Key Points Samsung SDI is distinguishing itself from competitors LG Energy Solution (LGES) and SK On, as well as Korean cathode materials producers, by continuing
Key Points Apple Inc. (AAPL.O) reported better-than-expected third-quarter iPhone sales and forecasted additional gains, leveraging artificial intelligence (AI) to attract more buyers. This positive outlook
Key Points Amazon.com (AMZN.O) is anticipated to join Google and Microsoft on Thursday in reporting a significant surge in capital spending on artificial intelligence. As
Key Points Microsoft announced plans to increase spending on AI infrastructure in the current fiscal year, despite slower growth in its cloud business, indicating that
Key Points: The Farnborough Airshow, one of the industry’s biggest events, concluded without the massive airplane orders that have characterized past years. Instead, the focus
Key Points South Korea’s financial authorities have announced a liquidity support package worth at least 560 billion won ($404.55 million) for small businesses impacted by
Key Points: U.S. Treasury Secretary Janet Yellen emphasized the monumental financial requirement for the global transition to a low-carbon economy, estimating a need for $3
Key Points: General Motors’ self-driving technology unit, Cruise, aims to resume fully autonomous rides later this year and start charging fares by early 2025. Based
Key Points: Tesla CEO Elon Musk recently posted an informal poll on social network X, asking whether his publicly traded automaker should invest $5 billion
Key Points: European Union new car sales increased by 4.3% in June, reaching their highest levels since July 2019. This growth was largely driven by
Key Points The Federal Trade Commission (FTC) has initiated an informal investigation into Amazon’s recent agreement with AI startup Adept. The inquiry seeks additional information
Key Points General Motors’ (GM) ambitious goal of producing 1 million all-electric vehicles (EVs) in North America by the end of 2025 is now in
