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Financial Markets

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Volvo cuts 3,000 jobs amid trade tensions and economic uncertainty
Swedish-based Volvo Cars cutting 3,000 jobs to reduce costs

FRANKFURT, Germany: Volvo Cars, based in Sweden, is cutting 3,000 jobs to reduce costs as the automobile industry struggles with trade...

Amid losses, Nissan bets on e-Power hybrid to revive US sales
Japan's troubled automaker Nissan banks on hybrid EV technology

YOKOSUKA, Japan: Facing mounting losses and global restructuring, Japan's Nissan Motor Corp. is turning to its unique e-Power hybrid...

Wall Street ends volatile day higher
U.S. stocks finish in front Thursday despite volatility

NEW YORK, New York -  U.S. stock markets see-sawed Thursday as the judicial system became a key player in Donald Trump's trade wars....

Global central bankers in Tokyo address discuss inflation and slowdown
World's central banks talk harsh new economic realities in Tokyo

TOKYO, Japan: As global inflation remains stubborn and growth prospects dim, central bankers from around the world gathered in Tokyo...

French farmers jam Paris roads in push for eased regulations
French farmers bring tractors to Paris to press for ease in rules

PARIS, France: French farmers brought traffic to a crawl around Paris and gathered outside the National Assembly on May 26, using their...

Amid trade tensions, France, Vietnam ink deals worth $10 billion
France, Vietnam sign deals worth $10 billion as Macron visits Hanoi

HANOI, Vietnam: Amid shifting global trade dynamics and growing concerns over U.S. tariffs, France and Vietnam have signed more than...

Technology

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Nvidia targets China’s data market with new AI chip
Nvidia plans cheaper AI chip for China amid US curbs

BEIJING/TAIPEI: Facing mounting U.S. export restrictions, Nvidia is preparing to launch a new, lower-cost artificial intelligence chip...

Mother sues Google, Character.AI after son’s death
US Judge allows lawsuit over AI chatbot in teen's suicide

WASHINGTON, D.C.: A Florida mother, Megan Garcia, is suing Google and AI startup Character.AI, claiming their chatbot played a role...

High-fat diet sets off metabolic dysfunction in cells, leads to weight gain: Study
High-fat diet sets off metabolic dysfunction in cells, leads to weight gain: Study

Washington DC [US], May 30 (ANI): Researchers find high-fat diets set off metabolic dysfunction in cells, leading to weight gain, but...

Experts speculate Samsung's spinoff of foundry business will boost trust and competitiveness, Samsung says it's too early
Experts speculate Samsung's spinoff of foundry business will boost trust and competitiveness, Samsung says it's too early

New Delhi [India], May 30 (ANI): Samsung Electronics is likely to spin off its foundry business from the broader semiconductor division,...

Foxconn projected sales to hit NTD 7 Trillion in 2025
Foxconn projected sales to hit NTD 7 Trillion in 2025

New Delhi [India], May 30 (ANI): Taiwan's Foxconn, also known as Hon Hai Precision Industry and the world's largest electronics manufacturer,...

AI CEO issues stark warning
AI CEO issues stark warning

Up to 50% of entry-level white-collar jobs may be lost in the next five years, according to Anthropics Dario Amodei Artificial intelligence...