Warren Buffett's Berkshire Hathaway sells entire stake in TSMC
Warren Buffett's conglomerate has sold its remaining shares in the world's largest chipmaker, TSMC, after the "Oracle of Omaha" sounded alarms about its homebase of Taiwan.
2023-05-16 12:51
A barbecue frenzy is gripping China. Can street food revive the economy?
When China was in the midst of a pandemic-induced economic slump in 2020, then Premier Li Keqiang touted the idea of creating jobs by encouraging street vendors to set up shop across the country. That pitch was quickly shot down by close associates of leader Xi Jinping, who characterized the traditional trade as "unhygienic and uncivilized."
2023-05-16 09:45
Michael Burry Doubles Alibaba Stake in Big Bet on China Tech
Michael Burry, the money manager made famous in The Big Short, now has a Big Long when it
2023-05-16 09:26
Argentina raises interest rate to 97% as it struggles to tackle inflation
The Central Bank of Argentina raised its key interest rate Monday by six percentage points to 97% in an effort to tackle soaring inflation that has reached 30-year highs.
2023-05-16 05:25
Microsoft’s $69 Billion Activision Deal Wins EU Approval
Microsoft Corp.’s $69 billion takeover of Activision Blizzard Inc. won European Union approval, just weeks after the UK’s
2023-05-15 22:54
Musk Loses Appeal of ‘Twitter Sitter’ Dispute With SEC Over Tesla Posts
A federal appeals court rejected Elon Musk’s challenge to his 2018 agreement with the the US Securities and
2023-05-15 22:29
Rakuten Dives 9% on Report of $2.2 Billion Share Sale Plan
Rakuten Group Inc. plunged its most in more than three years after Reuters reported the internet company was
2023-05-15 17:46
China Jails 78-Year-Old American for Life on Espionage Charges
China has sentenced a 78-year-old American passport holder to life in prison on spying charges, as the world’s
2023-05-15 12:59
SoftBank-Backed Unicorn Yanolja Buys Israeli Travel-Tech Company
South Korea’s largest trip-booking company Yanolja Co. is acquiring Israeli technology provider Go Global Travel to become one
2023-05-15 05:59
Posing as Islamists, Russian Hackers Take Aim at Sweden
Since February, a mysterious hacker group calling itself Anonymous Sudan has targeted dozens of Swedish airports, hospitals and
2023-05-14 14:55
Twitter’s New CEO Says She’s ‘Excited’ to Transform Platform
Twitter’s new Chief Executive Officer Linda Yaccarino said she’s excited to transform the company and achieve owner Elon
2023-05-14 09:17
Ex-ByteDance Exec Claims Reporting Illegal Conduct Got Him Fired
ByteDance Inc.’s former head of engineering in the US said in a lawsuit he was fired for voicing
2023-05-13 08:51