South Korea seeks U.S. tariff relief on memory chips
Seoul: South Korea will seek favourable terms for U.S. tariffs on imports of memory chips, a presidential office spokesperson said at a televised briefing on Sunday. The country last year…
Dollar slides as Trump tariff threat drives yen, franc demand
Singapore: The dollar fell on Monday as investors, unnerved by U.S. President Donald Trump's latest tariff threats against Europe over Greenland, piled into the safe-haven yen and Swiss franc, in…
Japan election raises odds of consumption tax cut amid cost pressures
Tokyo: Japan's expected snap general election is increasingly likely to lead to a cut in the consumption tax rate, as ruling and opposition party executives stressed the need to do…
South Korea, Italy agree to deepen cooperation in AI, chips, aerospace
Seoul: South Korean President Lee Jae Myung and Italian Prime Minister Giorgia Meloni agreed on Monday to expand cooperation in sectors such as artificial intelligence, aerospace, chips and critical minerals,…
Elon Musk and Ryanair CEO clash over cost of Starlink Wi-Fi on planes
Elon Musk on Friday called Ryanair CEO Michael O'Leary an "utter idiot" who should be fired, escalating a public spat that began after the airline boss ruled out installing Musk's…
Markets on edge as Trump threatens more tariffs on Europe over Greenland
London: U.S. President Donald Trump has promised to implement further tariffs on imports of goods from some European countries until the U.S. is allowed to acquire Greenland, a move that…
OpenAI to show ads in ChatGPT for some U.S. users
OpenAI said it would start showing ads in ChatGPT to some U.S. users, ramping up efforts to generate revenue from the AI chatbot to fund the high costs of developing…
Sovereign Wealth Funds; The Most Powerful Investors You Never Hear From
They don’t tweet. They don’t do flashy interviews. They rarely explain themselves. Yet in today’s business atmosphere, sovereign wealth funds are among the most powerful actors in the global economy.…
Google seeks delay on sharing search data while appealing monopoly ruling
Alphabet's Google asked a judge on Friday to postpone making the company share data with rivals while it challenges a ruling that the company holds an illegal monopoly in online…
Indra wins €975 million deal to run London’s public transport ticketing systems
Madrid: Spanish technology group Indra has won a contract from Transport for London (TfL) to run the ticketing and control systems across the city's public transit network in a deal…