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Business

Yttrium Shortage Hits US Aerospace, Defense Sectors

In the continuing trade drama created by Trump's unilateral "Liberation ...

Applied Materials Take Big Hit from Curbs to China Exports

The maker of chipmaking equipment has seen China sales cut ...

China Drives Cartier's Strong Growth

Richemont, the world's 2nd largest luxury group, enjoyed 7% growth ...

Baidu Unveils Chips to Boost China's Homegrown AI Ecosystem

M100 and M300 processors from Baidu advance China's push to ...

Vietnam Plans Big Minimum Wage Boost in 2026

Vietnam's growing importance as a manufacturing hub for foreign companies ...

India's Biocon Foresees Big Cost Drop for Copycat Drugs

A leading maker of biosimilars, with 7 copycat drugs already ...

Nissan, Honda in Talks for Joint US Car Development

Electrification, vehicle intelligence and a pickup truck are possible areas ...

Top Experts Predict AI's Economic Impact

AI growth projections by Nvidia's Jensen Huang, AMD's Lisa Su, ...

Tencent's Strong Growth Constrained by AI Chip Shortage

US and Chinese restrictions on Nvidia and other US AI ...

Weekly Jobless Rates Stay Flat

Various private firms estimate the weekly jobless rate as remaining ...

China's EV Battery Materials Suppliers Seek Higher Prices

A rally in cobalt prices and a rise in the ...

China's Top Contract Chipmaker Sees Strong Q3 Growth, Profits

SMIC reported a 9.7% jump in Q3 revenues and a ...

China Industrial Output Growth Slows on Weak Demand

Industrial growth slows to 4.9% as soft domestic demand can't ...

China E-Commerce Giant JD.com Sees 15% Revenue Jump

Robust sales growth during the 3-Day Singles Day shopping event ...

Microsoft Builds 2nd Denmark Quantum Lab

The new facility will participate in developing the Majorana 1 ...

Taiwan 2025 GDP Growth to Approach 6%

Strong Q3 growth of 7.64% on AI chip demand puts ...

OpenAI Fights Order to Turn Over 20 Million Chats

Complying with the order would jeopardize confidential user information and ...

Volkswagen Bets Future Models on Rivian JV Tech

The vehicle platform and software systems developed in its joint ...

Nvidia Supplier Foxconn Bullish on AI Demand

Rising demand for AI chips helped Foxconn beat quarterly profit ...

China Soy Bean Glut to Stymie US Export Hopes

Revenge soybean imports from South America followed by recent US ...

Holiday Retail Job Postings Drop

Job postings for stores and restaurants fell 16% from last ...

AI Power Demand Ushers Boom Cycle for Energy Storage

The huge demand for green energy by AI data centers ...

BYD Expects EV Exports to Jump 60%

The Chinese company that passed Tesla last year to become ...

Global EV Sales Growth Hits 23% in October

Sales of EVs and hybrids jumped to 1.9 million units ...

K-Shaped Economy Great for Levi's $300 Jeans

Demand for premium denim is growing faster than for basic ...

Masayoshi Son's All-In Bet on OpenAI Pays Off Big

SoftBank reported a doubling of quarterly profits to $16.6 billion ...

Ikea Enjoys Rising Profits on Growth of Budget-Conscious Shoppers

The Swedish furniture maker has tried to absorb some of ...

Porsche-Volkswagen Struggles with EV Rollout, China Competition

Porsche SE, owner of a controlling interest in Volkswagen, sees ...

Lisa Su Expects AMD Chip Sales to Hit $1 Trillion

CEO Lisa Su estimates that AMD's combined chip sales will ...

Japan Manufacturer Sentiment Highest in 4 Years

Manufacturers' sentiment index rose to plus 17, up from plus ...

Meta AI Chief LeCun Exits After Being Passed Over for ...

Mark Zuckerberg is remaking Meta's AI regime in an aggressive ...

Sony Lifts Profit Forecast on Lower Tariffs, Strong Chips

Lower tariffs and strong performance of its chips and entertainment ...

Honda's Biggest Challenge Comes from Chinese EV Makers

Honda's onetime stronghold of Southeast Asia is now being challenged ...

Tesla's China Sales Plunged 60% from September

October sales fell 35.8% from last year and 60% from ...

Wall Street Rises on Reopening Deal

House passage of a bill to fund the government until ...

Healthcare Shares Fall on Shutdown Deal

A deal to end the government shutdown without extending Affordable ...

Legal AI Firm Clio Hits $5 Billion Valuation

The latest funding round led by New Enterprise Associates values ...

Tsavorite Secures $100 Million in Pre-Orders

Tsavorite Scalable Intelligence OPU chips used by data centers to ...

OpenAI Weighs Separate AI Healthcare Assistants

Recent high-level hires with healthcare backgrounds appears likely to lead ...

China's Easing of Rare-Earth Restrictions Less than Hoped

The trade deal struck at the APEC summit hasn't made ...

Major Retailers Promise Cheaper Thanksgiving with a Catch

Retailers seek to achieve more appealing price points for Thanksgiving ...

China Prices Rise on Curbs on Over-Production, Hyper-Competition

Deflationary pressures eased markedly in October as China's consumer prices ...

Carmakers Relieved by China's Exemptions for Nexperia Chip Shipments

The relatively simple but absolutely essential chips for carmakers have ...

NASDAQ Had Worst Week Since April

AI bubble fears were compounded by Jensen Huang's comment about ...

Demand for Nvidia's Blackwell Chips Strains Capacity

Despite being locked out of the China market for Nvidia's ...

Consumer Sentiment Sinks Deeper Than Expected

The dawning realization that Trump is determined to continue his ...

Canada's Fall Job Growth Surprises

A surge of jobs in September and October offset most ...

Musk's Epic Pay Package Elicits Analyst Chuckles

The package is seen as a common-sense way to incentivize ...

China Resumes US Soybean Licenses, Log Imports

US-China trade begins a muted return toward a new normal ...

October Layoffs Hit 20-Year High

Most of the 175% surge in layoffs were due to ...