NEW YORK – Wall Street stocks climbed on May 9 as economic data raised hopes that the US central bank is on track for interest rate cuts later in 2024.
The Dow Jones Industrial…
TAIPEI – Taiwan cut its growth forecast for 2023 to the slowest pace since the global financial crisis, in a setback to the ruling Democratic Progressive Party ahead of January…
OAKLAND, California – Tesla delivered a record 466,140 cars worldwide in the second quarter, outpacing Wall Street estimates. The results, posted on Sunday, demonstrated that…
SAN FRANCISCO – Twitter laid off more workers on Saturday in a fresh wave of cuts meant to curb costs at the social networking company now owned by Mr Elon Musk. The layoffs hit…
Ford Motor said it will cut a total of 3,000 salaried and contract jobs, mostly in North America and India, as it restructures to catch up with Tesla in the race to develop…
Germany on Sunday (June 19) announced its latest steps to boost gas storage levels to prepare for the next winter season, when it fears Russia, which has cut deliveries in recent…
TOKYO – Japan’s industrial output fell for the second straight month in August as Covid-19 outbreaks elsewhere in Asia disrupted supply chains for carmakers already facing headwinds from…
SINGAPORE – National carrier Singapore Airlines (SIA) has ceased monthly variable component (MVC) cuts to basic salary for all its Singapore-based staff since Aug 1, it said in a statement…
LONDON – Britain on Sunday (May 2) defended cuts to its aid spending, stressing the budget impact of the Covid-19 pandemic, after several UN agencies warned they would translate into…
American Airlines customers returning to travel this spring will notice several changes to flights designed to make travelling as touch-free as possible. “While fewer customers have…