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Self-Driving Tech Company WeRide Speeds Up Global Expansion as AI Transforms Transportation Industry
Self-driving technology firm WeRide is accelerating its global expansion as the artificial intelligence boom boosts the adoption of machine learning in transportation. The company is actively developing self-driving technology for a range of vehicles, including robotaxis, minibuses, freight vehicles, and sanitation vehicles.
Self-Driving Tech Company WeRide Speeds Up Global Expansion as AI Transforms Transportation Industry
Self-driving technology firm WeRide is accelerating its global expansion as the artificial intelligence boom boosts the adoption of machine learning in transportation. The company is actively developing self-driving technology for a range of vehicles, including robotaxis, minibuses, freight vehicles, and sanitation vehicles.
Dubai to Attract More Millionaires as Wealthy Individuals Leave the UK
The United Arab Emirates (UAE) is poised to maintain its status as the world's leading destination for wealthy individuals for the third consecutive year, according to the Henley Private Wealth Migration Report.
Dubai to Attract More Millionaires as Wealthy Individuals Leave the UK
The United Arab Emirates (UAE) is poised to maintain its status as the world's leading destination for wealthy individuals for the third consecutive year, according to the Henley Private Wealth Migration Report.
McDonald’s Earnings Report Imminent: Key Expectations
McDonald’s is set to report its second-quarter earnings on Monday, with its shares having declined by 15% year to date. This decline has been driven by investor concerns over consumer spending trends and the overall health of the restaurant industry.
McDonald’s Earnings Report Imminent: Key Expectations
McDonald’s is set to report its second-quarter earnings on Monday, with its shares having declined by 15% year to date. This decline has been driven by investor concerns over consumer spending trends and the overall health of the restaurant industry.
European markets kick off the new trading week with gains as earnings season progresses
LONDON — European markets opened higher on Monday as investors analyzed U.S. inflation data and anticipated another busy week filled with earnings reports and central bank meetings. The Stoxx 600 index increased by 0.29% by 8:30 a.m.
European markets kick off the new trading week with gains as earnings season progresses
LONDON — European markets opened higher on Monday as investors analyzed U.S. inflation data and anticipated another busy week filled with earnings reports and central bank meetings. The Stoxx 600 index increased by 0.29% by 8:30 a.m.
Apple Falls Out of Top 5 Smartphone Vendors in China as Domestic Brands Dominate the Market
Apple's market share in China has been on a steady decline, dropping to 14% in the second quarter from 15% in the first quarter and 16% a year earlier. This reduction in market share signifies a challenging period for Apple in the Chinese market, where local brands are rapidly gaining ground.
Apple Falls Out of Top 5 Smartphone Vendors in China as Domestic Brands Dominate the Market
Apple's market share in China has been on a steady decline, dropping to 14% in the second quarter from 15% in the first quarter and 16% a year earlier. This reduction in market share signifies a challenging period for Apple in the Chinese market, where local brands are rapidly gaining ground.
European Stocks Poised for Mixed Opening as Selloff Eases; U.S. Inflation Data on the Horizon
LONDON — European markets are expected to open mixed on Friday as the global stock selloff shows signs of easing and investors turn their attention to upcoming U.S. inflation data. Over the last two sessions, the pan-European Stoxx 600 has closed lower, largely driven by a significant downturn in technology stocks.
European Stocks Poised for Mixed Opening as Selloff Eases; U.S. Inflation Data on the Horizon
LONDON — European markets are expected to open mixed on Friday as the global stock selloff shows signs of easing and investors turn their attention to upcoming U.S. inflation data. Over the last two sessions, the pan-European Stoxx 600 has closed lower, largely driven by a significant downturn in technology stocks.
SK Hynix, Nvidia Supplier, Achieves Highest Quarterly Profit in 6 Years Due to AI Chip Dominance
SK Hynix, one of the world’s largest memory chipmakers, announced on Thursday that its operating profit in the June quarter reached its highest level since the second quarter of 2018, rebounding from a loss of 2.88 trillion won in the same period a year ago.
SK Hynix, Nvidia Supplier, Achieves Highest Quarterly Profit in 6 Years Due to AI Chip Dominance
SK Hynix, one of the world’s largest memory chipmakers, announced on Thursday that its operating profit in the June quarter reached its highest level since the second quarter of 2018, rebounding from a loss of 2.88 trillion won in the same period a year ago.
Nikkei Plummets 3% Amid Asia-Pacific Market Decline, Following Wall Street Sell-Off
Investors are evaluating South Korea’s advance second-quarter GDP figures, which slightly missed expectations. The GDP grew 2.3% year-on-year, lower than the 2.5% anticipated by economists polled by Reuters. On a quarter-on-quarter basis, South Korea’s economy contracted by 0.2%, contrasting with the 0.1% rise expected and reversing from the 1.3% growth in the first quarter.
Nikkei Plummets 3% Amid Asia-Pacific Market Decline, Following Wall Street Sell-Off
Investors are evaluating South Korea’s advance second-quarter GDP figures, which slightly missed expectations. The GDP grew 2.3% year-on-year, lower than the 2.5% anticipated by economists polled by Reuters. On a quarter-on-quarter basis, South Korea’s economy contracted by 0.2%, contrasting with the 0.1% rise expected and reversing from the 1.3% growth in the first quarter.
South Korean Court Grants Arrest Warrant for Kakao Founder
A South Korean court approved early on Tuesday a prosecution request for a warrant to arrest Brian Kim, the billionaire founder of tech giant Kakao Corp, on accusations of stock manipulation during a 2023 acquisition. This development marks the latest legal twist for Kakao after the company and an executive went on trial last year for alleged wrongdoing during the same acquisition.
South Korean Court Grants Arrest Warrant for Kakao Founder
A South Korean court approved early on Tuesday a prosecution request for a warrant to arrest Brian Kim, the billionaire founder of tech giant Kakao Corp, on accusations of stock manipulation during a 2023 acquisition. This development marks the latest legal twist for Kakao after the company and an executive went on trial last year for alleged wrongdoing during the same acquisition.
Most Pledged Democratic Delegates Back Harris Following Record-Breaking Fundraising Day
Democrats united behind Vice President Kamala Harris as the party’s front-runner for the presidential nomination Monday, and their excitement translated into a juggernaut day of fundraising for the party and for Harris’ campaign. Harris has emerged as the clear choice for the Democratic nomination, with a surge in support that is reflected in both endorsements and financial contributions.
Most Pledged Democratic Delegates Back Harris Following Record-Breaking Fundraising Day
Democrats united behind Vice President Kamala Harris as the party’s front-runner for the presidential nomination Monday, and their excitement translated into a juggernaut day of fundraising for the party and for Harris’ campaign. Harris has emerged as the clear choice for the Democratic nomination, with a surge in support that is reflected in both endorsements and financial contributions.
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