Intel CEO Pat Gelsinger forced out in surprise move | Technology News
Intel chief executive Pat Gelsinger has been forced out less than four years after taking the helm of the company, handing control to two lieutenants…
US unleashes another crackdown on China’s chip industry | Trade War News
The United States has launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura…
Muslim charities face discrimination as Palestinians are desperate for aid | Israel-Palestine conflict
As the people of Gaza face famine and the continued bombing of their homes by Israel, numerous Muslim charities and organisations are desperately trying to…
Canada sues Google alleging anti-competitive conduct in advertising | Business and Economy News
The antitrust watchdog wants Google to sell two ad tech tools and is seeking a penalty as well.Canada’s Competition Bureau is suing Alphabet’s Google over…
US stock market surges to record high despite Trump’s tariff threats | Financial Markets
The S&P 500 rises 0.57 percent after US president-elect’s tariff announcements roil European and Asian markets.US stocks have hit record highs despite United States President-elect…
Total Energies pauses investments into Adani Group on bribery charges | Corruption News
French oil major TotalEnergies has halted investments in the Adani Group after the Indian ports-to-power conglomerate was engulfed in a crisis over an alleged multimillion-dollar…
What do Elon Musk and Vivek Ramaswamy plan to do with DOGE? | US Election 2024 News
For months, Elon Musk, the world’s richest person, has been pushing for a department to slash United States government spending. On November 12, President-elect Donald…
Archegos’s Bill Hwang sentenced to 18 years in prison for massive US fraud | Crime News
Hwang had been convicted in July on 10 criminal charges including wire and securities fraud, market manipulation.Former billionaire investor Sung Kook “Bill” Hwang has been…
Indian conglomerate chair Gautam Adani indicted in the US | Business and Economy News
US prosecutors have accused Gautam Adani and others of an elaborate scheme to bribe Indian government officials to secure contracts worth billions of dollars as…
Comcast to spin off cable TV networks as ‘streaming won’ | Television News
Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant as people increasingly swap out…
US no-frills pioneer Spirit Airlines files for bankruptcy protection | Aviation News
Spirit Airlines, the no-frills US travel pioneer, has filed for bankruptcy protection after struggling with years of losses, failed merger attempts and heavy debt levels,…
Trump’s transition team aims to kill Biden EV tax credit in US: Report | Automotive Industry News
US President-elect Donald Trump’s transition team is planning to kill a $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, Reuters…
US Fed cuts interest rates by quarter of a percentage point | Inflation News
The Fed will have to navigate a changing economic landscape with the election of Donald Trump as the next US president.The United States Federal Reserve…
Trump US presidential election win sparks big rally in stocks | US Election 2024 News
Donald Trump’s return as president of the United States for the second time has boosted equity markets on bets of lower corporate tax, favourable tariffs…
Despite stark differences on worker rights, unions split on Trump, Harris | US Election 2024 News
Early voting is under way across the United States ahead of Tuesday’s presidential election. Republican candidate Donald Trump and Democratic candidate Kamala Harris have both…
Rent control battle in California heats up, opposing investors pump money | Housing
Reyna Aguilar was working as a chef in a restaurant in San Francisco’s Mission neighbourhood when the COVID pandemic struck. The restaurant shut within months,…
Former FTX executive Nishad Singh spared prison for cooperation | Crypto News
Former cryptocurrency executive Nishad Singh, who once shared a $35m Bahamas penthouse with FTX founder Sam Bankman-Fried, has been spared prison time by a judge…
US tech stocks send Nasdaq to hit record high, as Alphabet beats forecasts | Financial Markets
The tech-heavy Nasdaq Composite Index rises 0.8 percent as investors bet on strong earnings from Meta, Amazon and Microsoft.US tech stocks have catapulted the Nasdaq…
McDonald’s shares tumble on E coli even as US head vows to improve safety | Business and Economy News
McDonald’s shares were on track for their worst day since March 2020 on Wednesday, as the fast-food giant scrambled to limit the damage from an…
Boeing CEO lays out cautious path to turnaround as strike vote awaited | Aviation News
Boeing CEO Kelly Ortberg has laid out a cautious path to turn the company around, calling for a “fundamental culture change” at the struggling plane…