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Tech giants Foxconn, Nvidia announce they are building 'AI factories'
Tech giants Foxconn, Nvidia announce they are building 'AI factories'
Taiwanese tech giant Foxconn and US hardware leader Nvidia said Wednesday they would team up to create "AI factories", powerful data processing centres that would drive the manufacturing of next-generation...
2023-10-18 13:17
ECB's Lagarde warns against premature inflation celebration
ECB's Lagarde warns against premature inflation celebration
FRANKFURT The European Central Bank has time now to assess how inflation unfolds after a record string of
2023-11-22 00:55
Google announces new Bard features as traffic continues to lag ChatGPT
Google announces new Bard features as traffic continues to lag ChatGPT
By Anna Tong Alphabet Inc's Google said on Tuesday that Bard, its generative artificial intelligence, will have the
2023-09-19 18:23
Yellen criticises Chinese curbs against US firms
Yellen criticises Chinese curbs against US firms
The US Treasury Secretary said decoupling the world’s two largest economies would destabilise the global economy.
2023-07-07 18:45
Nikola Falls on Warning of Risk to 2023 EV Delivery Guidance
Nikola Falls on Warning of Risk to 2023 EV Delivery Guidance
Nikola Corp. fell in early trading after the maker of electric big rigs warned it may not reach
2023-08-21 21:47
Walmart in Mexico faces anti-trust panel for alleged monopolistic practices
Walmart in Mexico faces anti-trust panel for alleged monopolistic practices
MEXICO CITY Walmart's Mexico unit said on Friday it will face an anti-trust panel for "alleged relative monopolistic
2023-10-07 08:22
Fed's Harker: Inclined to 'skip' a rate hike in June
Fed's Harker: Inclined to 'skip' a rate hike in June
Federal Reserve Bank of Philadelphia President Patrick Harker said on Wednesday that for the moment he is inclined
2023-06-01 02:57
German Defense Spending Shortfall Puts NATO Goal in Doubt, Ifo Institute Says
German Defense Spending Shortfall Puts NATO Goal in Doubt, Ifo Institute Says
Germany can’t make good on its NATO commitment to spend at least 2% of economic output on the
2023-07-10 19:20
Spirit Aero shares fall on new capital raise plans
Spirit Aero shares fall on new capital raise plans
By Chibuike Oguh NEW YORK Shares of Spirit AeroSystems dropped by nearly 15% on Wednesday after the embattled
2023-11-09 00:49
IMF approves $35 billion credit line for Mexico
IMF approves $35 billion credit line for Mexico
MEXICO CITY The International Monetary Fund's executive board has approved a two-year $35 billion flexible credit line for
2023-11-17 02:45
Euro zone banks to repay 34 billion of ECB loans
Euro zone banks to repay 34 billion of ECB loans
FRANKFURT Euro zone banks will repay early another 34.2 billion euros in multi-year loans from the European Central
2023-09-15 18:24
Major Retailer’s Struggles Flash Warning Signs for Canadian Economy
Major Retailer’s Struggles Flash Warning Signs for Canadian Economy
Big box retailer Canadian Tire Corp. will cut 3% of staff and eliminate most vacant roles as consumers
2023-11-10 01:55