United Parcel Service is pressing ahead with a major restructuring that will see up to 30,000 jobs cut this year, underscoring how costly its…
South Korean chipmaker SK Hynix is stepping up its push into artificial intelligence by setting up a new US-based company focused on AI solutions,…
Maersk, a major container shipping company, announced that severe weather, specifically heavy storms and snowfall, is causing significant disruption to its cargo operations across…
Shell and BP are actively pursuing US licenses to begin extracting natural gas from shared fields in Trinidad and Tobago and Venezuela, the Caribbean…
Amazon.com Inc. said on Wednesday it plans to cut about 16,000 corporate jobs, marking a second major round of layoffs in three months as…
Investors head into this week’s Federal Reserve meeting expecting no change in interest rates and an uneventful outcome, while market leadership continues to widen…
The KOSPI Composite Index continued its remarkable rally, reaching its highest level on record as the AI boom continued and the frenzy among investors…
Nvidia (NASDAQ: NVDA) has been steadily expanding its footprint across Europe, pouring capital into startups that align with its vision of an artificial intelligence…
Meta Platforms is preparing to test new subscription models across its social media apps, aiming to unlock additional revenue streams while expanding access to…