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 latest escalation in the Canada-US trade dispute is exposing a basic reality of tariffs: the financial burden does not stop at the border. Although governments impose tariffs on imported goods, the eventual cost can be divided among importers, manufacturers,… Read More ›
The case of former White House teleprompter operator Gabriel Perez is unusual because the alleged trading advantage came from an exceptionally close position to President Donald Trump. Perez was not simply a government employee with access to routine documents. According… Read More ›
A small but persistent group of American restaurants is removing tipping from the dining experience and putting more of the cost of service directly into menu prices. The decision is not simply a response to customer frustration over increasingly frequent… Read More ›
The collapse of Seattle based pizza robotics company Picnic has exposed a weakness at the heart of the industry’s automation push: making a machine capable of assembling a pizza is not the same as building a commercially viable restaurant technology… Read More ›
The most significant feature of the OpenAI agents incident was not that artificial intelligence systems hacked Hugging Face. It was how a single communication loophole transformed thousands of isolated agents into a coordinated group capable of sharing information, developing common… Read More ›
Goodyear’s turnaround is entering a more difficult phase. The company has already delivered substantial cost savings, sold major businesses and reduced parts of its portfolio, but the financial results show that restructuring alone has not yet produced the stronger cash… Read More ›
Canada’s decision to recruit 64 internationally recognised researchers, including 48 based at American institutions, represents more than a conventional university hiring campaign. It is a calculated attempt to use a period of uncertainty in the United States to strengthen Canada’s… Read More ›
India’s foreign exchange reserves have reached a record $729.33 billion, but the sharp increase is less a simple reflection of broad foreign investment than the result of a targeted Reserve Bank of India effort to attract foreign currency into the… Read More ›
Rising long term bond yields are often interpreted as a warning about persistent inflation, large government borrowing requirements and uncertainty over future interest rates. But a different explanation is gaining attention: investors may also be demanding higher returns because they… Read More ›
Global financial markets are entering September with several risks developing at the same time, leaving investors to navigate an unusually complicated combination of geopolitical uncertainty, persistent inflation, elevated government borrowing costs, central bank decisions and increasingly expensive technology stocks. The… Read More ›
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