World

Mega miners are hunting for deals after decade on the sidelines

The industry is flush with cash after 2022's record profits  by THOMAS BIESHEUVEL, DINESH NAIR & JACK FARCHY  IN THE…

2 days ago

Oil market faces bigger surplus even as China reopens

by GRANT SMITH  GLOBAL oil markets face a bigger surplus this quarter than previously expected, with demand still constrained despite…

2 days ago

Meta reports sales fall, but beats expectations

SAN FRANCISCO – Facebook and Instagram owner Meta on Wednesday reported its first annual sales drop since the company went…

2 days ago

Who are the best new artists? Check TikTok

LOS ANGELES – After several years of Grammy ceremonies with clear frontrunners for Best New Artist, Sunday's race is wide…

2 days ago

Seeing is believing? Global scramble to tackle deepfakes

WASHINGTON – Chatbots spouting falsehoods, face-swapping apps crafting porn videos and cloned voices defrauding companies of millions -- the scramble…

2 days ago

Tyre Nichols’s killing leads senators to rethink policing talks

The Jan. 7 fatal beating of Tyre Nichols at the hands of Memphis police officers has led senators in both…

2 days ago

Pinterest cuts about 150 jobs, joining flurry of tech layoffs

Pinterest Inc. is laying off about 150 employees, the latest technology company to cut costs in a turbulent time for…

2 days ago

Merck Covid drug linked to new virus mutations, study says

Merck & Co.’s Covid-19 pill is giving rise to new mutations of the virus in some patients, according to a…

2 days ago

Adani stock crash at US$92b as collateral worries grow

The crisis of confidence plaguing Gautam Adani has taken a sudden turn for the worse, with a record 28% plunge…

2 days ago

Is Big Tech safe from activist shareholders?

Elliott may make companies tremble but the sector’s top players are cash-generating machines and have little to fear for now …

2 days ago

Bosses talk about headcount like they did in financial crisis

For many traders and economists, a resilient jobs market is a sign that an expected economic slowdown this year will…

2 days ago

ChatGPT unleashes stock trader stampede for everything AI

A $480 billion chipmaker whose processors are used for complex computing tasks. A digital-media company seeking to mine nascent technologies…

2 days ago

UK tumbles in corruption index after a year of political scandal

The UK slipped down a global corruption ranking, with watchdog Transparency International describing public trust as “worryingly low” after a…

3 days ago