Taiwan Semiconductor Manufacturing Co. has dropped plans to build an advanced chip plant in the island’s north, a pullback that comes after reports of growing local opposition to the move.
Israel’s air force struck southern Gaza where they ordered Palestinians to seek refuge, the Associated Press reported. US President Joe Biden is set to travel to Israel on Wednesday in a show of solidarity for the US ally after deadly attacks by militant group Hamas.
Apple Inc.’s Tim Cook showed up at a Tencent gaming tournament in China, endorsing one of the biggest earners on the app store as uncertainty persists about the US company’s top overseas market.
Treasuries declined as ongoing diplomatic efforts to help prevent the Israel-Hamas war from expanding into a wider conflict reduced demand for haven assets.
Ericsson AB said market weakness that has depressed sales will persist into the fourth quarter as the company struggles to counter reduced investment in fifth-generation mobile infrastructure from US and European operators.
PricewaterhouseCoopers LLP has teamed up with ChatGPT owner OpenAI to offer clients advice generated by artificial intelligence as the Big Four audit firms look to cut costs and boost productivity.
Baidu Inc.’s founder Robin Li declared his company’s large language model has finally caught up with OpenAI’s advanced GPT-4, claiming the lead in his country’s race to develop AI that can rival the US.
President Joe Biden is set to travel to Israel in a show of solidarity for the US ally after it was attacked by Hamas, while his administration’s top diplomat is working on a plan to get aid to Gaza without it falling into the hands of the militant group.
Institutional Shareholder Services Inc., an international proxy advisory firm, has recommended that shareholders vote against the proposal to appoint billionaire Mukesh Ambani’s youngest son, Anant Ambani, on the board of the family-controlled Reliance Industries Ltd., underscoring concerns around succession planning at India’s largest company by market value.
Stocks in Asia rose on optimism that ongoing diplomatic efforts may help prevent the Israel-Hamas war from expanding into a wider conflict.
