business

India’s retail inflation breaches RBI’s tolerance level first time since October

India's annual retail inflation in January rose above the central bank's upper threshold for the first time in three months,…

3 years ago

Exclusive: South Korea aims to join AI race as startup Rebellions launches new chip

South Korean startup Rebellions Inc launches an artificial intelligence (AI) chip on Monday, racing to win government contracts as Seoul…

3 years ago

India’s Adani tries to calm investors as market rout continues

India's Adani Group sought to reassure investors on Monday as a rout in its shares continued, saying its business plans…

3 years ago

Analysis: Brazil central bank autonomy becomes political punching bag for Lula

Brazil's central bank newfound independence that was designed to shield it from politics has turned it into a convenient punching…

3 years ago

Exclusive: Peru mines on power despite protests, though halt risk looms

Peru's biggest copper mines have been able to maintain production despite road blockades, attacks and protests that have roiled the…

3 years ago

Lost Russian oil revenue is bonanza for shippers, refiners

Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and…

3 years ago

Analysis: From Meta to Microsoft, AI’s big moment is here

This week, chief executives across the sector packed earnings calls with mentions of the heavily hyped technology, which until recently…

3 years ago

Dutch, Japanese curbs on chip equipment to China may not be tough enough -industry group

A chip industry group is warning that if U.S. allies do not adopt curbs on semiconductor manufacturing equipment to China…

3 years ago

U.S. investors have plowed billions into China’s AI sector, report shows

U.S. investors including the investment arms of Intel Corp and Qualcomm Inc accounted for nearly a fifth of investments in Chinese artificial…

3 years ago

Shell makes record $40 bln profit in tumultuous 2022

Shell delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which…

3 years ago