On Tuesday, Foxconn, the world’s largest contract chipmaker, said it expects the second half of this year to be “in a better direction” since COVD-19 lockdown appears to be easing in Shanghai. “We are quite confident in the stability of… Read More ›
In a significant development Turkish President Tayyip Erdogan said, Ankara cannot allow countries that support terrorism to in NATO, in reference to Finland and Ankara’s bid to join the military alliance. “For as long as Tayyip Erdogan is the head… Read More ›
Efforts by Bern to refresh free trade agreement with China have hit roadblocks stemming from China’s dismal human rights record. In 2013, both countries had signed a free trade agreement, marking Beijing’s first such deal with an economy in continental… Read More ›
In a statement German Economy Minister Robert Habeck expressed concerns over the European Union’s unity on Russia, saying he is seeing signs that they are “starting to crumble”. Habeck made the comments ahead of a summit to discuss an oil… Read More ›
The Federal Reserve faces a difficult monetary policy decision as persistent inflation collides with uncertainty over economic growth and the consequences of higher energy prices. After raising its benchmark interest rate by a quarter of a percentage point in September… Read More ›
SK Hynix’s extraordinary quarterly earnings demonstrate how the artificial intelligence boom is reshaping the economics of the semiconductor industry. The South Korean memory chip manufacturer has benefited from growing demand for advanced memory used in artificial intelligence servers, allowing it… Read More ›
Artificial intelligence is changing how fashion companies produce images for online stores, advertising campaigns and social media. Brands can now create lifelike digital models, alter existing photographs and generate images showing clothing in settings that would previously have required a… Read More ›
The forces influencing the United States bond market are becoming more complicated as investors weigh artificial intelligence investment, government borrowing and persistent inflation alongside the Federal Reserve’s interest-rate decisions. Monetary policy remains important, but it is no longer the only… Read More ›
A legal challenge by 21 Indian news publishers has brought the country’s digital privacy framework into a dispute that goes beyond data protection. The publishers, including media organisations associated with Mukesh Ambani and Gautam Adani, argue that the rules could… Read More ›
Chinese beauty companies are moving beyond their home market, hoping to turn years of domestic growth into a stronger presence on international retail shelves. The push is becoming more visible through overseas shop openings, partnerships with established retailers and investment… Read More ›
European Union governments are seeking negotiated agreements with China to address growing concerns about imports and the competitiveness of domestic manufacturers. Ministers have called for discussions covering industries such as chemicals, machinery and pharmaceuticals, extending the debate beyond the automotive… Read More ›
Major US airlines are putting greater emphasis on ticket prices and profitability than on filling every seat, as rising fuel costs threaten to erase gains from stronger passenger revenue. Delta Air Lines, United Airlines, American Airlines, Southwest Airlines and Alaska… Read More ›
Japan’s plan to use artificial intelligence to simulate cyberattacks reflects a growing recognition that national cyber resilience cannot depend on responding to incidents after services have already been disrupted. The initiative follows serious concerns about vulnerabilities in PHP, a widely… Read More ›
The growing use of prescription weight-loss medicines is creating a new commercial opportunity for food manufacturers, with protein emerging as a central selling point. Consumers using drugs that act on the glucagon-like peptide-1 pathway, commonly known as GLP-1 medicines, may… Read More ›