JPMorgan’s Jamie Dimon Says Maybe One Day I’ll Serve My Country
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he may consider running for public office in
2023-05-31 12:58
Thai April factory output drops 8% y/y, worse than forecast
BANGKOK Thailand's manufacturing production index (MPI) in April contracted by a more-than-expected 8.14% from a year earlier, as
2023-05-31 12:49
Tanker Billionaire Fredriksen Clashes With Another Shipper
Norwegian shipping billionaire John Fredriksen has clashed with another tanker company after his tumultuous attempt to buy Euronav
2023-05-31 12:47
Dimon Says JPMorgan Will Be in China for Good and Bad Times
Jamie Dimon said JPMorgan Chase & Co. will be in China in both good and bad times, remaining
2023-05-31 12:47
Elon Musk visits China's commerce and industry ministries
By Martin Quin Pollard BEIJING (Reuters) -Tesla Inc CEO Elon Musk kicked off his second day in China with visits
2023-05-31 12:24
Amazon workers upset over job cuts, return-to-office mandate stage walkout
A group of Amazon workers upset about recent layoffs, a return-to-office mandate and the company’s environmental impact is planning a walkout at its Seattle headquarters Wednesday
2023-05-31 12:21
Foxconn sees AI driving strong server demand, but full year to be flat
TAIPEI Apple Inc supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server
2023-05-31 11:58
China Is Drilling a 10,000-Meter Deep Hole Into Earth’s Crust
Chinese scientists have begun drilling a 10,000-meter (32,808 feet) hole into the Earth’s crust, as the world’s second
2023-05-31 11:55
Wanda Weighs Selling Payments Permit for About $141 Million
Dalian Wanda Group Co. is in talks with prospective buyers including ByteDance Ltd. for its Chinese payments unit,
2023-05-31 11:47
Summers Sees Higher Fed Interest Rates, Increased US Taxes
Former Treasury Secretary Lawrence Summers sees US interest rates headed higher in the short-run and US taxes rising
2023-05-31 11:17
Elon Musk’s private jet lands in China for what would be billionaire’s first visit in three years
A private jet used by Elon Musk arrived in Beijing on Tuesday afternoon, shortly after it was confirmed that the Tesla boss would be visiting China this week for the first time in three years. In response to reports of Mr Musk’s visit, China’s foreign ministry said that the country has always welcomed business people from other parts of the world, including Mr Musk, “to visit and promote mutually beneficial cooperation”. China’s foreign minister Qin Gang said during a meeting with Mr Musk on Tuesday that the country would create a better market-oriented business environment for enterprises from all countries, including Tesla. Mr Qin told the Tesla chief that China would continue to promote high-level opening-up and strive to create a better business environment, according to a statement from the Chinese foreign ministry. The statement noted that Tesla opposed “decoupling” and was willing to continue to expand its business in China. Following Mr Musk’s meet with the Chinese foreign minister, shares of the EV company rose on Tuesday. Tesla’s Shanghai plant accounted for over half of the company’s global production in 2022. Commenting on his China visit, some Twitter users wondered if the self-proclaimed “free speech absolutist” would face questions during his visit about the communist country’s harsh rules around censorship. Mr Musk’s visit also comes when Tesla is dealing with growing competition from Chinese car makers, including the country’s electric vehicle exports. Earlier this month, Bloomberg reported that Tesla is closing in on a trial production of its revamped Model 3 sedan in Shanghai, which the carmaker hopes to compete more closely with rivals in the Chinese market. Ahead of his trip, the SpaceX boss also complimented China’s space programme, calling it “more advanced than most people realise”. Read More Trust and ethics considerations ‘have come too late’ on AI technology Elon Musk tweets quote by neo-Nazi wrongly attributed to Voltaire Elon Musk fires back at Twitter censorship critic: ‘You’re such a numbskull’ Elon Musk’s Neuralink brain chip company gets FDA approval for human testing AOC jokes more people watched her gaming online than listened to DeSantis launch What is Twitter Spaces and why did it go so wrong during DeSantis’s 2024 launch?
2023-05-31 10:52
Cathie Wood Says Software Stocks Are Next AI Bet After Nvidia
Cathie Wood said software providers will be the next to ride on the artificial intelligence frenzy driven by
2023-05-31 10:49