New York's landmark 'Flatiron' sold -- hopefully for real this time

New York's iconic Flatiron Building was auctioned off Tuesday for $161 million to a group of investors led by real estate developer Jeffrey Gural, after the previous bidding's winner failed...

2023-05-24 09:21

Microsoft Freezes Salaries to Navigate Economic Uncertainty

Microsoft Corp. has decided to freeze pay for all full-time workers this year to help it navigate macroeconomic

2023-05-11 11:29

Chinese payment giants revive effort to accept foreign credit cards

By Josh Ye HONG KONG Chinese tech giants Tencent Holdings and Ant Group said that they would allow

2023-06-28 17:52

German media group Axel Springer eyes AI acquisitions

BERLIN German media giant Axel Springer will establish a dedicated mergers-and-acquisitions team to look at firms specialising in

2023-06-09 17:47

Taiwan chip giant sees no production hit from China curb on rare metals

Taiwan's chip giant TSMC said Thursday it did not expect any direct effect on production from China's latest export controls on two rare...

2023-07-06 15:23

Is America's economy really as bad as Republican presidential candidates say it is?

To hear Republican presidential candidates describe the US economy, you'd think it was in a deep recession, with growth and productivity choked off by President Joe Biden's policies.

2023-08-25 01:25

Japan says one in 10 residents are now octogenarians as nation turns gray

More than 10% of Japan's population is now age 80 or older, the government said Monday, the latest worrying milestone in the rapidly graying country's demographic crisis.

2023-09-18 15:17

New bill to build Oakland Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million

The Oakland Athletics are asking Nevada for $380 million for a 30,000 seat, $1.5 billion retractable roof stadium on the Las Vegas Strip

2023-05-27 14:17

Saudi Aramco GIITS 2023: Korean IIoT and Digital Solution Companies Participate

SEOUL, South Korea--(BUSINESS WIRE)--Nov 20, 2023--

2023-11-20 13:15

Italy reassessing GLAM scheme to handle state-guaranteed loans, sources say

By Giuseppe Fonte and Valentina Za ROME Italy is reassessing how it plans to deal with billions of

2023-06-15 23:19

Fed's Jefferson: Inflation "too high," but impact of high rates not full felt yet

By Howard Schneider WASHINGTON Federal Reserve Governor and vice chair nominee Philip Jefferson said progress on inflation may

2023-05-18 21:24

Belarus has no immediate plans to adopt Russian currency, its strongman leader Lukashenko says

Belarus and Russia have no immediate plans to adopt a joint currency, Belarus' strongman leader announced on Monday

2023-05-30 02:22