Indonesia Seeks to Win EV Race With 0% Export Duty, No Sales Tax
Indonesia is said to be planning more tax incentives to attract global electric-vehicle producers, seeking to bolster its
2023-08-11 18:28
China Loans Plunge to 14-Year Low, Adding to Deflation Risk
Chinese banks extended the smallest amount of monthly loans since 2009 in July, a further sign of weak
2023-08-11 18:19
UPS Pay Hikes for Package Handlers Raise Pressure on FedEx
The raises won by United Parcel Service Inc. package handlers are going to put FedEx Corp. in a
2023-08-11 17:56
Alphabet’s $118 Billion Cash Pile Poses a New Problem
Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly
2023-08-11 17:55
Coach Beat Michael Kors in the Handbag Wars. Now It Has to Fix It
Tapestry Inc., with Coach, and Capri Holdings Ltd., with Michael Kors, have been battling for nearly a decade
2023-08-11 17:52
Energy Department announces largest-ever investment in 'carbon removal'
The Department of Energy announced Friday it is awarding up to $1.2 billion to two projects that promise to remove carbon dioxide from the air in what officials said was the largest investment in “engineered carbon removal” in history
2023-08-11 17:28
Biden Bets Billions on Tech That Sucks Carbon Out of the Air
The Biden administration is throwing its weight behind technology that sucks planet-warming carbon dioxide out of the air,
2023-08-11 17:24
ChatGPT fever spreads to US workplace, sounding alarm for some
By Richa Naidu, Martin Coulter and Jason Lange LONDON/WASHINGTON Many workers across the U.S. are turning to ChatGPT
2023-08-11 16:59
Hong Kong Q2 GDP expands 1.5% y/y
HONG KONG Hong Kong's economy expanded 1.5% in the second quarter from a year earlier, government data showed
2023-08-11 16:57
UBS ends rescue packages from Swiss gov't that paved way for Credit Suisse takeover
UBS says it has shut down rescue packages agreed with Swiss authorities that made available up to 200 billion Swiss francs (about $230 billion) to help shepherd through its takeover of ailing rival Credit Suisse and avert an international banking crisis
2023-08-11 16:48
Italy signs preliminary deal with KKR to take up to 20% of TIM's grid
MILAN (Reuters) -The Italian government could end up with a stake of as much as 20% in Telecom Italia's landline
2023-08-11 16:47
Train Derails in Swiss Gotthard Tunnel, Halting Key Freight Route
A freight train derailed in the Gotthard tunnel in Switzerland, blocking passage through a key route linking Northern
2023-08-11 16:45