Intel to lay off more than 20% of workforce
Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to…
Dollar rebounds as White House seeks to ease tensions over Fed, China trade
The U.S. dollar staged a tentative rebound against its major peers on Wednesday on hopes of de-escalating trade tensions and…
NFLX Q1: Management Emphasizes Content Investments and Ad Platform Expansion
Streaming video giant Netflix (NASDAQ: NFLX) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 12.5% year on…
BMW to integrate DeepSeek AI in its new vehicles in China later this year
German automaker BMW plans to start integrating artificial intelligence from Chinese startup DeepSeek in its new models in China from…
BP share buyback outlook at risk from oil price slump
BP may be forced to cut or even scrap its share buyback programmes over the next year unless oil prices…
Tesla shares rise 6.5%, Musk says to cut back DOGE work
Tesla shares rose 6.5% in Frankfurt on Wednesday, after it reported profitability for its core auto business topped rock-bottom expectations…
Gold Drops as Trump’s Softer Stance on Fed and China Ease Fears
Gold fell for a second day after US president Donald Trump’s remarks on China and the Federal Reserve eased some…
Mercedes unveils new luxury electric limousine van series
-German carmaker Mercedes-Benz unveiled on Tuesday a new all-electric luxury limousine van series called “Vision V” with some of the…
Japan sees little scope for grand deal on yen in talks with U.S
When Japanese Finance Minister Katsunobu Kato meets his U.S. counterpart Scott Bessent in Washington this week, the yen is shaping…
India under tariff pressure to give Amazon and Walmart full market access
-U.S. President Donald Trump’s administration intends to press India to give online retailers such as Amazon and Walmart full access…