Toyota raises its outlook as strong hybrid demand juices profits
November 2, 2023
Toyota profit more than doubled for the quarter due in large part to demand for the Prius and other hybrids, as well as favorable currency factors.
International
The Dow is nearing the dreaded ‘death cross.’ What investors should know
November 2, 2023
The index's 50-day moving average is close to crossing over its 200-day moving average, which can signal that momentum is weakening or sentiment is souring.
China says it will back global consensus on AI amid tech clash with U.S.
November 2, 2023
Wu Zhaohui, China's vice minister of science and technology, said the country was willing to "enhance dialogue and communication in AI safety with all sides.
Apple expected to post fourth consecutive quarterly sales decline Thursday
November 2, 2023
Analysts haven't missed Apple's lack of growth this year and want to see the company thriving again.
Treasury details plans to step up size of bond sales to manage growing debt load and higher rates
November 2, 2023
The Treasury Department announced plans to accelerate the size of its auctions as it looks to handle its heavy debt load and with financing costs rising.
Kyiv tries to rally troops, urging them to resist burnout as Russian attacks intensify
November 2, 2023
Ukraine's President Volodymyr Zelenskyy said there will be no easy victories in the counteroffensive to retake Russian-occupied territory.
‘Take Science Fiction Seriously’: World Leaders Sound Alarm on AI
November 2, 2023
The U.S., China and two dozen other countries pledged closer cooperation in evaluating the risks posed by most advanced forms of artificial intelligence.
LinkedIn passes 1 billion members and launches new AI chatbot to help you get a job
November 2, 2023
On Wednesday, LinkedIn said it surpassed 1 billion members and debuted an AI chatbot billed as a "job seeker coach."
Credit Suisse intervention avoided ‘financial crisis,’ Swiss National Bank chairman says
November 1, 2023
Swiss National Bank Chairman Thomas Jordan said the central bank's interventions during the fall of Credit Suisse were "crucial" to avoid a "financial crisis."
Why dealers say EV sales have slowed
November 1, 2023
EV inventories have been piling up at dealerships in 2023, and are selling far more slowly than their gasoline counterparts.
Israel-Palestine crisis: First evacuations from Gaza; outrage grows over refugee camp strikes
November 1, 2023
UN health agency chief Tedros Adhanom Ghebreyesus welcomed Egypt’s decision on Wednesday to accept dozens of the most critically sick and injured from the stricken Gaza Strip for treatment. Meanwhile, the UN relief chief has said a "step change" is nee...
Rise in intimidation, settler violence in the West Bank, warns OCHA
November 1, 2023
More than 820 Palestinians in the occupied West Bank have been displaced amid settler violence and increased movement restrictions since the Hamas terror attacks of 7 October and the start of Israel’s assault on Gaza, the UN relief wing said on Wednesd...
World News in Brief: Mali mission latest, starvation alert for ‘hotspots’, inclusive sport for all
November 1, 2023
Several blue helmets were “seriously injured” during the departure of the last contingent of peacekeepers from the restive Kidal region of Mali, the UN Spokesperson said on Wednesday.
Bank of England set to hold rates again, but markets see no cuts on the horizon
November 1, 2023
The Bank of England is widely expected to keep interest rates unchanged on Thursday as data continues to show moderating price pressures and weakening economic activity.
Southeast Asia’s digital economy – from e-commerce to online media – is set to hit $218 billion in 2023, report shows
November 1, 2023
Southeast Asia's digital economies are set to reach $218 billion in transaction value in 2023, jumping 11% year-on-year despite global macroeconomic headwinds.
Is FOSO the new FOMO? How the ‘fear of switching off’ could affect your vacations
November 1, 2023
Loosely similar to FOMO, the nagging feeling which keeps people tethered to their devices has been coined the 'Fear of Switching Off' (FOSO).
After a Boom and Bust, Chip Industry Is Regaining Its Health
November 1, 2023
Intel, Samsung and others see a semiconductor rebound as tech demand starts to recover.
China sets the tone on real estate, local government support at a high-level meeting
November 1, 2023
Such twice-a-decade financial work conferences tend to set long-term policy directions, which then pave the way for more detailed moves.
From moon landing to hosting world leaders, Indians are ‘conquering the world,’ says Nita Ambani
November 1, 2023
India has had many big moments this year and continues to take the world by storm as one of the fastest growing major economies.
Lumen Technologies Pushes Out Debt Maturity With Agreement
November 1, 2023
The Denver-based telecommunications company said the deal will also provide it with $1.2 billion in additional financing.
Match Group, Google Reach Binding Term Sheet in Legal Battle
November 1, 2023
The online dating company said that $40 million placed in escrow will be returned to Match and no other amount will be owed by the Match plaintiffs to Google.
Saudi Arabia set to host 2034 World Cup after Australia decides not to bid
October 31, 2023
Saudi Arabia hosting the World Cup is likely to be seen as highly controversial.
Chinese Laser Sensor Maker Targeted as Tech Trade War Spreads
October 31, 2023
Sensor maker Hesai is fighting U.S. concerns about lidar systems used in next-generation vehicles and weapons.
World News in Brief: Russia likely attacked Ukraine cafe, disease alert for Sudan, Taliban must release rights defenders
October 31, 2023
A missile which struck a café in the village of Hroza in eastern Ukraine killing 59 people earlier this month was launched with no indication of any legitimate military targets at the site, according to a new report by the UN human rights office (OHCHR).
Guterres blasts ‘completely inadequate’ levels of aid for Gaza civilians
October 31, 2023
The UN chief on Tuesday said levels of aid allowed into the stricken Gaza Strip are “completely inadequate” to meet the rising needs of civilians trapped there amidst the intensifying fighting.
UN calls for global action to turn cities into engines of sustainable development
October 31, 2023
Marking World Cities Day on Tuesday, the UN Secretary-General emphasised the vital role cities play in sustainable development as catalysts for economic growth and innovation.
On sacred ground in Nepal, UN chief calls for global action for peace
October 31, 2023
Standing in the sacred grounds of Lumbini, UN Secretary-General António Guterres on Tuesday delivered a heartfelt message, urging the world to take inspiration from the teachings of Lord Buddha and make a commitment to peace and compassion, as crises m...
Amazon, DoorDash, Walmart, trapping workers in poverty: UN rights expert
October 31, 2023
A UN poverty expert called on the CEOs of Amazon, DoorDash and Walmart on Tuesday to address allegations that wages at the US-based corporations are trapping workers in poverty, forcing them to rely on US Government benefits to survive.
Bangladesh, Maldives, DPR Korea make ‘tremendous’ strides toward disease elimination
October 31, 2023
The World Health Organization (WHO) on Tuesday hailed the elimination of several life-threatening diseases in developing nations as a major breakthrough for public health.
Toll of Israel-Palestine crisis on children ‘beyond devastating’
October 31, 2023
Gaza has become a “graveyard” for children with thousands now killed under Israeli bombardment, while more than a million face dire shortages of essentials and a lifetime of trauma ahead, UN humanitarians said on Tuesday.
Amid Middle East crisis, ‘brutal and far-reaching’ war continues in Ukraine
October 31, 2023
As the world’s attention focuses on the unfolding emergency in the Gaza Strip, a senior UN aid official on Tuesday urged the Security Council not to overlook the equally “brutal and far-reaching” crisis in Ukraine.
Nvidia’s $5 Billion of China Orders in Limbo After Latest U.S. Curbs
October 31, 2023
The tech company had been pushing to make chip shipments for next year before new restrictions came into effect.
X Puts Company Value at $19 Billion
October 31, 2023
Elon Musk previously said he sees a clear, but difficult, path to X being worth more than $250 billion eventually.
Apple’s New M3 MacBook Pro and M3 iMac: Some Tricks, Some Treats
October 31, 2023
The “Scary Fast” computers get powerful M3 chips, but everything else remains largely the same.
SEC Sues SolarWinds Over 2020 Hack Attributed to Russians
October 31, 2023
Regulator says the software company defrauded investors by misleading them about its cyber vulnerabilities.
Israel-Hamas war live updates: Netanyahu says Israel will not agree to a ceasefire; UNICEF warns clean water in Gaza ‘quickly running out’
October 31, 2023
Israel has pledged to continue its "large scale, significant strikes" in pursuit of Hamas militants responsible for the Oct. 7 carnage.
Biden issues U.S.’ first AI executive order, requiring safety assessments, civil rights guidance, research on labor market impact
October 31, 2023
The executive order builds on voluntary commitments the White House previously secured from leading AI companies.
Pinterest jumps on better-than-expected third-quarter results
October 31, 2023
Pinterest topped analysts' estimates for earnings and revenue in the third quarter