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Ratan Tata, the former chairman of Indian conglomerate Tata Sons, dies at 86
Ratan Tata, the former chairman of Indian conglomerate Tata Sons, dies at 86
Four major Chinese electric vehicle (EV) makers reported record monthly sales in October, buoyed by surging domestic demand, even as they grappled with barriers to overseas growth amid punitive tariffs levied by the European Union (EU). BYD, the world's largest EV assembler, sold 502,757 pure-electric and hybrid EVs last month, up 66.5 per cent year on year and 19.8 per cent compared with September, the company said in a statement filed to the Hong Kong and Shanghai stock exchanges on Friday. It
Dominating the future of semiconductors, now trading at a discount.
A judge rules that former execs can pursue claims against the X owner for axing them to avoid paying those benefits The post Elon Musk Fails to Get Ex-Twitter CEO’s Severance Pay Claim Dismissed appeared first on TheWrap.
When you're working, saving for retirement feels like the hard part. But once you're retired, the challenge becomes spending in a disciplined fashion and according to a well-thought-out plan. Consider...
Huawei Technologies, the world's largest telecommunications equipment vendor, saw its revenue surge in the first nine months of the year on the back of rising smartphone sales in its home market. The Shenzhen-based company reported a 29.5 per cent jump in revenue to 585.9 billion yuan (US$82.3 billion) in the first three quarters of 2024, up from 452.3 billion yuan in the same period last year, according to a filing to the Shanghai Clearing House, the sole central clearing counterparty in China'
Sprouts Farmers Market, Inc. ( NASDAQ:SFM ) just released its latest third-quarter results and things are looking...
Wendy’s is closing 140 restaurants in the coming months, the fast food chain announced this week. But the company said it would open an equal number of new locations in areas it believes can generate better business for Wendy’s.
China's largest state-owned carmaker and the private sector's biggest assembler, both at the top of the European Union's electric vehicle (EV) tariffs list, denied they sought separate deals to avert the import levies. SAIC Motor, the biggest state-owned carmaker and the partner of General Motors and Volkswagen, said it was "deeply involved" in the collective bargaining by China's carmakers. "There has never been a proposed deal for SAIC alone during the communications and negotiations with the
Despite high storage levels, European gas prices remain volatile due to supply disruptions.
The tech giant’s chief scientist Jeff Dean was reportedly dressed as a starfish.
At SmartCon 2024, one of the major Web3 conferences the Hong Kong government courted to the city this year, companies made their pitch for integrating blockchain into the global financial plumbing amid rising geopolitical risks. Event organiser Chainlink, a blockchain infrastructure firm, said 2,000 people attended the two-day conference that kicked off at Kerry Hotel in Hung Hom on Wednesday. SmartCon is larger this year than in the past, according to the company. Joseph Chan Ho-lim, under secr
Get a look at how the other half banks.
Britain's big global lenders HSBC, Barclays and Standard Chartered are vying to tap into a boom in U.S. commercial banking as corporate America seeks expertise for international expansion plans. At stake is a growing pool of U.S. commercial banking revenues, which reached $429 billion in 2023 from $310 billion in 2019, helped by a strong U.S. economy and a boost to margins from higher interest rates, previously unreported data from consulting firm BCG showed. "The East-West trade is really important for HSBC because of our very strong presence in Asia ... but actually for the UK, the main corridor in terms of business volumes is transatlantic," Stuart Tait, HSBC UK's head of commercial banking, told Reuters.
In recent weeks, global markets have been influenced by rising U.S. Treasury yields, which have weighed on stock indices like the S&P 500 and contributed to a mixed performance across regions. As economic growth remains tepid and central banks cautiously approach monetary policy adjustments, identifying undervalued stocks can be an effective strategy for investors seeking opportunities amid market fluctuations.
Come next year, you will be allowed to save a little more in your 401(k) on a tax-deferred basis than you can this year, unless you’re in your early 60s, in which case for the first time you’ll be allowed to save a lot more.
Allegro Microsystems Inc (ALGM) navigates significant design wins and market challenges, with a focus on growth and localization in China.
Rolls-Royce Cullinan Series II makes its Southeast-Asian debut in Singapore
After Donald Trump's bid to overturn his 2020 election loss, an advocacy group was launched to take on the lawyers who aided in his doomed effort, hitting them with more than 80 ethics complaints. With Trump again the Republican candidate for the U.S. presidency, his allies have fired back at this group, named the 65 Project. A pro-Trump nonprofit known as America First Legal has accused the 65 Project of engaging in a left-wing attempt to intimidate conservative lawyers, filing a bar complaint earlier this week against the 65 Project's top lawyer Michael Teter.
Donald Trump winning the U.S. presidency next week would muddle the outlook for Chinese technology firms far more than a win for Kamala Harris, with executives saying his unpredictable style could lead as much to a reprieve for the sanction-hit industry as increased restrictions. The Republican candidate initiated a Sino-U.S. trade war during his 2017-2021 presidency by banning high-tech exports to China citing unfair trade practices and national security. He is tied in voter polls with his Democratic rival who executives expect to continue with the incumbent's policy of regular, incremental changes to export controls and leveraging international alliances to slow China's technological and military development.
It has long been a personal finance goal to have $1 million stored comfortably in a retirement savings account; but, thanks to inflation, the youngest generation of workers will likely need three...