With a plant that could produce four cars a day, Siam Motors of Thailand teamed up with Nissan Motors in 1962, beginning a successful, long-lasting partnership with Japanese firms that turned it from a car dealer to an automotive pioneer…. Read More ›
Regulations & Legal
McDonald’s Removes Tomatoes From Its Menu In India Due To Poor Quality And Rising Costs.
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 ›
Twitter Might Have Trouble Proving That Meta Misappropriated Trade Secrets
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 ›
UBS Changes The Wealth Management Division’s Management Structure
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 ›
China’s Export Restrictions On Chips Are “Just A Start,” A Beijing Adviser Cautions Ahead Of Yellen’s Arrival
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 Behind ChatGPT, Claims It Is Intensifying Efforts To Stop AI From “Going Rogue”
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 ›
Japan’s Businesses Provide The Largest Pay Increases In 30 Years, And Wage Growth Broadens
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 ›
TSMC’s Founder Says National Considerations Are Trumping Globalisation In Technology
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 ›
Deeper Slump In US Manufacturing, Subdued Pressure On, Factory Gate Prices
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 ›
What Does ‘Rate Limit Exceeded’ On Twitter Mean For Users?
The number of tweets that users can view each day has been temporarily limited by Elon Musk’s Twitter, a move that has prompted some criticism and may harm the social network’s efforts to draw advertisers. The limit is the newest… Read More ›