Category : Economy & Business

Intel (INTC.O), opens new tab shares fell 5% before the bell on Wednesday, as ballooning losses at its contract chip-making business signaled the company could take years to catch up with the profitability of Taiwan Semiconductor Manufacturing Co. (2330.TW), opens new tab. Disclosing new financials details for its foundry unit on late Tuesday,......

Falconpowers – Cryptocurrency markets, led by Bitcoin, experienced a strong performance in the first quarter of 2024, making it one of the best-performing quarters since its launch in 2008, driven by the restoration of confidence in the global crypto market. By the end of 2023, the price of one Bitcoin......

Manufacturing in China expanded in March after contracting for five consecutive months, according to an official survey of factory managers released Sunday, suggesting a rebound in industrial activities following the Lunar New Year holiday. The official purchasing managers index, or PMI, rose from 49.1 in February to 50.8 in March. The......

ZURICH, March 31 (Reuters) – The Chinese market is likely to be difficult until the end of the year with consumers hesitating over higher prices, the chief executive of Swiss watchmaker Swatch Group (UHR.S), opens new tab was quoted as saying in a newspaper interview. Swatch CEO Nick Hayek told the Neue......

Nippon Steel intends to pursue its proposed acquisition of U.S. Steel and wants its “deep roots” in the United States to be recognised, its new president said – remarks that come after U.S. President Joe Biden expressed opposition to the deal....