Industry
Federal Reserve and European Central Bank Aim for Major Interest Rate Cuts in 2024, Says BIS Chief
Federal Reserve and European Central Bank are set for major interest rate cuts, with BIS Chief Carstens noting progress in addressing inflation while cautioning central bankers to remain vigilant.
Swiss Banking Giant UBS Intends to Broaden Business Footprint in the US
Swiss banking giant UBS intends to seek merger and acquisition opportunities in the United States in the years ahead.
Australian Taxi Drivers Secure $272 Million from Uber in Historic World-First Settlement of Class Action Case
Uber settles a landmark $272 million class action lawsuit with Australian taxi operators after a five-year legal battle.
Taiwan Chip Giant TSMC Is Eyeing to Build Advanced Chip Packaging Capacity in Japan: Report
Chip giant Taiwan Semiconductor Manufacturing Co. (TSMC) is reportedly considering building advanced packaging capacity in Japan.
Latest News
The recent settlement announced by the National Association of Realtors is set to address concerns about inflated home prices and introduce fairer practices, including negotiable commissions and increased transparency, benefiting both buyers and sellers.
Microsoft is prompting users to switch to Bing by injecting pop-up ads into Google Chrome on Windows, causing users to question their legitimacy and intrusiveness.
Apple's acquisition of DarwinAI hints at the company's interest in AI technology in their future products, with analysts thinking this could make iPhones improve faster and make Apple stronger in the AI market.
Google's new billing system violated competition law, CCI claims. Now, DG has been ordered to start a probe.
The cause of worldwide system outages felt by several McDonald's franchises is still not clear as the restaurant chain refrained from explaining the details.
Nissan Mulls EV Partnership With Honda to Form Powerful Japanese Alliance to Take on Overseas Rivals
Nissan Motor is reportedly considering approaching Honda Motor for a partnership on key components for electric vehicles (EVs).
The US Food and Drug Administration (FDA) has approved Madrigal Pharmaceuticals' Rezdiffra, the first drug to treat serious liver disease.
After President Joe Biden voiced opposition to the $14.1 billion plan of Japan's Nippon Steel to acquire US Steel, the Japanese firm said it is committed to pursuing the buyout deal.
Sergio Massa, Argentina's Economy Minister and presidential candidate, has warned oil producers of impending export restrictions unless they address fuel shortages.
Losses exceeding $700,000 in individual cases due to refund fraud were owed to platforms like TikTok and Telegram, where these schemes were promoted.




