Luxury stocks rally from China reopening, but world’s largest luxury market may choose to shop ‘in-house’
Years of zero-Covid measures have taught Chinese consumers they can get their fix of opulence…
World
South Korea posts the worst trade deficit in its history
South Korea saw the worst trade deficit since the agency started compiling data in 1956…
South Korea posts the worst trade deficit in its history
South Korea saw the worst trade deficit since the agency started compiling data in 1956…
Google is asking employees to test potential ChatGPT competitors, including a chatbot called ‘Apprentice Bard’
Google is testing chatbots similar to ChatGPT that use its LaMDA technology, as well as…
Indonesia’s seafood farming industry faces a ‘technology gap’ — and startups are raising big bucks to fill it
“A lot of decisions made are based on gut feeling or what ancestors have been…
Alec Baldwin charged in ‘Rust’ shooting, prosecutors say he was ‘distracted’ during training
Alec Baldwin has been officially charged for involuntary manslaughter following the announcement of the charges…
‘OPEC does not control the price’: OPEC President
OPEC chief talks about output cuts, price volatility, and Russia’s war in Ukraine and its…
AMD beats on sales and profit but warns of a 10% revenue decline in Q1
AMD reported earnings as many of its rival chipmakers have stumbled in recent weeks, citing…
PayPal to lay off 2,000 employees in coming weeks, about 7% of workforce
The payments giant PayPal adds to the spate of January tech layoffs with plans to…
PayPal to lay off 2,000 employees in coming weeks, about 7% of workforce
The payments giant PayPal adds to the spate of January tech layoffs with plans to…
The Covid pandemic drives Pfizer’s 2022 revenue to a record $100 billion
Sales of Paxlovid surged to $18.9 billion in 2022, which was the first full year…
The ‘land grab’ for lithium is just getting started with GM deal, says EV materials expert
As automakers scale up their electric vehicle production, they will also have to compete to…
Russia claims village near embattled Ukrainian city of Bakhmut
Defence ministry says Blahodatne captured with help of aerial support; no immediate comment by Ukraine.
Airbnb’s 13 most wish-listed properties in the world for 2023—including an $18 million home
Airbnb unveiled the most wish-listed new global listings of 2023. The 13 properties reached that…
McDonald’s profit grows as inflation-weary customers flock to its restaurants
McDonald’s is expecting that short-term inflation will continue in 2023.
GM smashes expectations and guides toward a strong 2023, despite margin squeeze
The strong results and guidance come as the U.S. automotive industry is beginning to normalize…
Trump sues Bob Woodward and publisher for $50 million over use of his interview recordings
Trump claims he never agreed to allow audio of Woodward’s tapes of his interviews with…
McDonald’s profit grows as inflation-weary customers flock to its restaurants
The fast-food giant is expecting that short-term inflation will continue in 2023.
McDonald’s is about to report earnings. Here’s what to expect
McDonald’s is set to report fourth-quarter earnings before the opening bell.
Top U.S., Chinese and Russian officials tour Africa as global charm offensive gathers pace
Russian Foreign Minister Sergei Lavrov, new Chinese Foreign Minister Qin Gang and U.S. Treasury Secretary…
