Business
Japanese electronics giant Panasonic said Thursday it was exiting the semiconductor business, selling its loss-making subsidiary to a Taiwanese firm as it struggles with intense competition from China and South Korea.
Nov 28, 2019
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Business
As the 2023 election campaign enters its final days, there is an elephant in the room that politicians seem keen to ignore: the rise of Artificial Intelligence (AI) and what it will mean for New Zealand's economy, politics ...
Oct 5, 2023
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Business
China's last-minute abandonment of Ant Group's record-breaking IPO stems from an intensifying battle for the soul of the nation's financial system that the fintech giant and its charismatic leader Jack Ma helped to ignite.
Nov 5, 2020
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Business
General Electric reported a smaller quarterly loss Wednesday on lower revenues and a continued slump in aviation, but said it would be cashflow positive in 2021 following cost-cutting moves.
Oct 28, 2020
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Business
President Donald Trump's war on Chinese technology firms has changed the ground rules for global business, underscoring a new political reality that could have negative repercussions for American firms.
Sep 24, 2020
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Business
President Donald Trump said on Wednesday he wasn't ready to approve a deal for an American company to partner with Chinese-owned video app TikTok, which would allow it to continue operating in the United States.
Sep 17, 2020
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Business
Silicon Valley tech giant Oracle is "very close" to sealing a deal to become the US partner to Chinese-owned video app TikTok to avert a ban in the United States, President Donald Trump said Tuesday.
Sep 15, 2020
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Business
Rolls-Royce, the British maker of plane engines, said Wednesday it will cut at least 9,000 jobs and slash costs elsewhere, as the coronavirus hammers the aviation sector.
May 20, 2020
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