7 hours ago
According to a Wall Street Journal report, the US Securities and Exchange Commission is investigating whether ChatGPT creator OpenAI misled investors, after an alleged lack of candour from CEO Sam Altman.
1 day ago
Media reports on Tuesday said that tech giant Apple was pulling the plug on its "special projects group", which was developing the brand's own electric vehicle.
4 days ago
The Verdi trade union has called on its members working as ground personnel for Lufthansa to strike for three days, starting on Wednesday. The short-notice action is the latest of several similar strikes.
Without pausing to wipe the sweat from their brows, workers in northern Ivory Coast picked cotton by the handful - a crop saved by the use of extra insecticides after a new pest wreaked record damage across West and Central Africa last season.
The head of the World Trade Organization (WTO) said on Monday that "the world" may undershoot the 3.3% merchandise trade growth rate for this year.
As shoppers await price cuts, retailers like Home Depot say their prices have stabilized and some national consumer brands have paused price increases or announced more modest ones. Yet some industry watchers predict deflation for food at home later this year.
On January 6, the US aviation regulator FAA ordered the temporary grounding of certain Boeing 737-9 MAX aircraft operated by US airlines or in US territory, affecting 171 planes.
California-based chipmaker Nvidia showed with its latest earnings call that there is still room to grow, with revenue for the last quarter of 2023 surging 265 percent over the year to $22 billion and forecast to keep rising. In this edition of Business Daily, we take a look what Nvidia's success has been built on, and the potential challenges it could face moving forward.
Residents of Grünheide near Berlin have voted against expansion plans for the large Tesla facility there. But the vote is not binding and local authorities can still decide. Turnout was high, though, indicating interest.
Strikes are common around the world. They are trade unions’ last resort in fighting for higher wages and better working conditions for employees.
Kumba Iron Ore, an Anglo American unit, on Tuesday (February 20) became the latest business in South Africa's mining sector to announce job cuts in a move likely to heap pressure on the government ahead of elections later this year.
Furniture maker Jared Omondi is having to walk several miles to work each day in Nairobi after public transport prices doubled. He is one of millions of Kenyans facing spiraling living costs caused by measures to tame surging public debt.
The government will unveil its latest economic forecasts for 2024 on Wednesday, with media reports suggesting a sharp downgrade to a mere 0.2 percent growth. In its autumn projections, the government was still expecting output to expand by 1.3 percent.