Business

Microsoft president Brad Smith on Friday said the company is on track to pump about $80 billion into artificial intelligence (AI) this fiscal year. Smith contended AI is poised to transform all aspects of life, and...

Skydance Media and Paramount Global on Thursday defended their planned $8.4 billion merger, urging the Federal Communications Commission to dismiss opposition from critics, calling them “unwarranted” and “meritless”. The Center for American Rights, a nonprofit public-interest...

According to a US media source on Tuesday, Nippon Steel has submitted a fresh proposal on US Steel to the White House in an effort to obtain President Joe Biden’s approval to purchase the American business....

BMW and Yamaha Motor have invested in U.S.-based rare earths processing startup Phoenix Tailings, the latest move by manufacturers to boost production of the strategic metals outside of China. Rare earths are a group of 17...

U.S. planemaker Boeing is on track to be the biggest loser of 2024 in the Dow Jones Index, tumbling 32% as it bounced from one crisis to another. Rival Airbus rose more than 11% for the...

Russia’s once-dominant gas supply to Europe via Ukraine, which flowed for decades, is set to end on New Year’s Day with the collapse of a contract between the two warring countries that paid out billions to...

China’s manufacturing activity expanded in December for the third month in a row, official data showed Tuesday, as leaders fight to reverse a slowdown in the world’s number two economy. The country has struggled to climb...

Swiss pharmaceutical company Roche is not planning job cuts and its business is healthy, CEO Thomas Schinecker was quoted as saying by a Swiss newspaper on Sunday. Roche’s share price has fallen far below peaks it...

At a time when the economy is already struggling, rising sick leave rates may be terrible news for German businesses, but for private eye Marcus Lentz, they have been a godsend to his firm. Businesses are...

Osamu Suzuki, who turned small-car specialist Suzuki Motor into a global brand with significant success in India, passed away on Wednesday at the age of 94 following cancer treatments, the firm announced on Friday. Through 2021,...