Investors in BHP Group applauded the company’s decision to abandon a proposed $49 billion takeover of Anglo American. During the previous six weeks, the larger rival…
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China has established its third planned state-backed investment fund to support its semiconductor industry, with a registered capital of 344 billion yuan ($47.5 billion). This move…
Investors placed large bets on rivals to OpenAI and other businesses in the growing AI race. As a result, Elon Musk’s AI startup xAI raised $6…
On Thursday, the president’s office of South Korea announced that the nation unveiled a 26 trillion won ($19 billion) support package for its crucial semiconductor industry. …
On Tuesday, the Payment Systems Regulator in Britain stated that American powerhouses Visa and Mastercard imposed significant fee increases on shops. However, there is little indication…
Luxury retailers in European cities are vying for the patronage of affluent tourists this summer. They are banking on a spike in travelers evading the crush…
People with knowledge of Toyota Motor’s operations claim that the manufacturer repeatedly halted production at a Mexican factory in February and March. Local labor shortages at…
The $1.6 trillion sovereign wealth fund of Norway pushed Shell on Friday to provide investors with additional details regarding its updated climate targets. However, the fund…
Despite demand for Singapore Airlines’ flights from China still being below pre-pandemic levels, the airline has added more capacity to China this year. Its CEO noted…
With a boost from its image sensors, Sony Group said on Tuesday that it expects operating profit to increase by 5% to 1.28 trillion yen ($8.2…