Apollo eyes $5 billion investment in Intel
U.S.-based asset management company Apollo Global Management has offered to make an investment of as much as $5 billion in…
Samsung plans to invest $1.8 billion more in Vietnam for OLED manufacturing
South Korea’s Samsung Display Co plans to invest $1.8 billion for a factory in northern Vietnam to produce OLED displays…
Oil Steadies After Notching Biggest Weekly Advance Since April
Oil steadied following its biggest weekly gain since April as strength in the dollar offset fears that the conflict between…
China’s central bank injects cash, lowers 14-day reverse repo rate
China’s central bank supplied 14-day cash to its banking system for the first time in months on Monday and at…
China Weighs Removing Major Homebuying Curbs to Boost Demand
China is considering removing some of the largest remaining restrictions on home purchases after previous measures failed to revive a…
Huawei ‘super fans’ fuming as left empty handed by $2,800 phone launch
Huawei and Apple’s latest smartphones went on sale in China on Friday, with many fans of the Chinese company disappointed…
Buy Bonds and Gold as Bubble Risk Returns
The euphoria in equity markets following the Federal Reserve’s interest-rate cut is stoking the risk of a bubble, making bonds…
Tesla’s European sales dropped 36% in August, as automakers warn of a ‘downward trajectory’ in the EV market
Finally Elon Musk had something to cheer about in Europe for a change—sales of new Tesla cars collapsed by roughly…
SpaceX ‘forcefully rejects’ FAA conclusion it violated launch requirements
SpaceX said Thursday it “forcefully rejects” the Federal Aviation Administration’s conclusion that Elon Musk’s company failed to follow U.S. regulations…
TikTok Is Becoming a Popular News Source for American Adults
TikTok is becoming a regular news source for a growing number of Americans, including young adults, according to a new…