In many regions of India, McDonald’s restaurants have stopped serving tomatoes with their burgers and wraps due to supply issues and concerns about the vegetable’s quality after record-breaking price increases. The traditional Indian food staple’s wholesale costs in some areas… Read More ›
The first shot in a legal confrontation between the two social media behemoths may be Twitter’s allegation that Meta Platforms stole trade secrets to create its new microblogging platform, but analysts say Twitter would face a difficult obstacle if it… Read More ›
Following the Swiss bank UBS’s acquisition of Credit Suisse, the bank’s flagship global wealth management arm on Thursday announced a number of management changes. Several former Credit Suisse managers have been hired as a result of the adjustments, which mostly take effect… Read More ›
A professor who worked on the creation of Nadine, a social robot driven by artificial intelligence (AI) and equipped with human-like movements and expressions, believes that she may one day play a significant role in caring for the old and… Read More ›
An important Chinese trade policy adviser claimed on Wednesday that China’s export restrictions on metals used in semiconductors are “just a start” as Beijing intensifies its tech war with Washington just days before Treasury Secretary Janet Yellen’s arrival. Investors bet… Read More ›
OpenAI, the company that developed ChatGPT, announced on Wednesday that it will devote major resources to the effort and establish a new research team to examine how to make artificial intelligence that eventually controls itself safe for people. “The vast… Read More ›
According to the largest trade union in Japan, companies this year delivered the largest wage increases in three decades. Economists predict that this move would help boost sluggish consumer demand. A Rengo study revealed that wage increases that were first… Read More ›
According to the retiring founder of Taiwanese chipmaker TSMC, globalisation is taking a backseat to concerns like national security and technological leadership, and U.S.-China relations are more about rivalry than cooperation. Morris Chang, who founded Taiwan Semiconductor Manufacturing Co Ltd… Read More ›
Even though U.S. manufacturing fell even more in June, to levels last seen when the country was still recovering from the COVID-19 pandemic, pricing pressures at the factory gate kept falling, which was good news for the economy. According to… Read More ›
Apple Inc. became the first corporation in the world to reach a market value of $3 trillion, helped along by forecasts that the Federal Reserve would raise interest rates more gradually and optimism for the company’s growth into new markets…. Read More ›
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