- July 07, 2022 10:57 AM PDT
- Mridul Gogoi
- July 05, 2022 11:25 AM PDT
- Mridul Gogoi
Global chip stocks plunge after Micron’s (MU) poor forecast, waning demand
- July 01, 2022 11:38 AM PDT | Mridul Gogoi
Micron Technology announces a worse than expected forecast for this quarter. It sends global chips stocks plunging on Friday.Read More...
South Korea's LGES reconsiders US$1.3 bn Arizona plant investment
- June 29, 2022 08:11 AM PDT | Mridul Gogoi
LGES, a S. Korean company backtracks its investment plan for plant in Arizona.Read More...
Siemens to acquire US software firm Brightly for US$1.58 billion
- June 27, 2022 12:35 PM PDT | Mridul Gogoi
Siemens to buy US tech company Brightly Software to expand its SAAS initiative.Read More...
Taiwan’s GlobalWafers to build US$5-billion silicon factory in Texas
- June 27, 2022 09:36 AM PDT | Mridul Gogoi
Taiwan-based company GlobalWafers to set up new factory in US.Read More...
Global food transportation linked to high greenhouse gas emissions
- June 26, 2022 01:23 PM PDT | Mridul Gogoi
Greenhouse gas emissions while transporting fruits and vegetables are higher than in raising livestock for meat.Read More...
Senate passes gun bill; to provide US$15 bn funding to states
- June 24, 2022 11:23 AM PDT | Mridul Gogoi
US Senate passes new gun legislation to curb rising mass shootings in the USRead More...
Strong US dollar spurs global currency war to curb inflation
- June 23, 2022 07:47 AM PDT | Mridul Gogoi
Global race to boost individual currencies to combat inflation will unleash a mayhem in world economy.Read More...
Powell hints at possible recession as soft landing is 'challenging'
- June 22, 2022 12:45 PM PDT | Mridul Gogoi
Highlights,:,Fed Reserve chair Jerome Powell said a recession is a probability as a soft landing is difficult.,The Central Bank chair said steep rate hikes are justified to rein in inflation.,Similar rate hikes of up to 75 basis points likely in July.,In ...Read More...
Australia provides monetary support to crisis-hit Sri Lanka
- June 21, 2022 11:09 AM PDT | Aditi Sarkar
Sri Lanka's economic crisis is turning worse day by day with a shortage of food, health, fuel and power supply. Recently, Australia has pledged to provide AU$50 million in Official Development Assistance to Sri Lanka to meet its urgent food and healthcareRead More...