Chinese artificial intelligence start-up SenseTime Group has relaunched its $767m (£580m) Hong Kong share sale. The announcement comes a week after the listing was pulled as Americans were banned from investing in the firm. Washington has...
Federal Reserve Chairman Jerome Powell’s final press conference of the year, which included a mea culpa of sorts on the Fed’s wrong way "transitory" inflation call, fell flat for one of the nation’s top economists: Larry Summers. While the...
BARCELONA, Spain -- Óscar Baños and thousands of fellow truck drivers celebrated Saturday after a threat to idle their engines pushed the Spanish government to adopt measures improving work conditions and checking skyrocketing fuel costs driven by inflation. It's...
It looks like YouTube just won’t stop fighting with broadcasters and streaming platforms this year. YouTube’s latest squabble with Disney over YouTube TV, however, might really feel like a punch in the gut because of the amount of content it’s losing.
More than a year after its unveiling, General Motors proudly announced that it was now delivering its Hummer EV Edition 1 Pickup, a 9,000-pound (4,082 kilograms) luxury electric beast with a 1,000-horsepower motor that can go from 0 to 60 mph (96...
The Dow retreated tumbled by 500 points on Friday to wind down a week of volatility and key central bank events. Friday’s decline saw the Dow post a 1.7% loss for the week, far from the nearly 3% weekly decline seen in...
Rivian Automotive Inc (RIVN.O) shares skidded nearly 15% on Friday to hit a record low after the electric vehicle maker's first result as a listed company highlighted the challenges it was likely to face in ramping up production to take on EV...
DETROIT – General Motors has been mum about the abrupt departure Thursday of Dan Ammann, the CEO of the company’s majority-owned autonomous vehicle subsidiary Cruise. GM President Mark Reuss, however, hinted Friday at a possible disagreement on strategy, saying...
Turkey’s currency crisis accelerated on Friday as it plunged 8% to a new record low, gripped by concerns over an inflationary spiral brought on by President Tayyip Erdogan’s unorthodox plan to slash interest rates in the face of soaring prices.
An Indian antitrust watchdog has revoked the approval it had granted for Amazon’s 2019 investment in a Future Group unit and imposed a fine of about $26.3 million to the American e-commerce giant for concealing facts. The Competition Commission...
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