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Tuesday 14-May-24
Sony on Tuesday reported a 7% drop in annual profits in the fiscal year 2023, logging its first drop in annual profits since 2020.
Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target
The White House has issued an order forcing a Chinese-backed cryptocurrency mining company to sell land near a Wyoming-based nuclear missile base.
U.S. orders Chinese-backed crypto miner to sell land near nuclear missile base
Bank Negara's Adnan Zaylani Mohamad Zahid said the country's monetary policy decisions will be determined by economic growth and the inflation outlook.
Malaysia won't use interest rates to prop up the ringgit, says central bank deputy chief
Uber Technologies is buying the Taiwan business of Delivery Hero-owned Foodpanda for $950 million in cash, as Foodpanda doubles down on other markets.
Uber to acquire Foodpanda's Taiwan business for $950 million, creating a potential monopoly
Analysts take a look at what economist Andrei Belousov can bring to the Russian defense ministry.
Genius or madness? Why Putin wants an economist to be Russia's new defense minister at a key point in the war
EV shipments, including fully battery-powered vehicles and hybrids, were up 18% in the first three months of 2024 compared with the same period last year.
China drives EV boom this year amid strong demand for hybrid vehicles
In a bold "U-turn," UBS says European stocks are now more attractive than their U.S. counterparts.
Forget U.S. stocks — UBS says Europe's are a better bet. Here's why
SK Hynix and Micron – the world's largest memory chip suppliers – are out of high-bandwidth memory chips for 2024, while the stock for 2025 is also almost sold out.
AI boom to keep supply of high-end memory chips tight this year, analysts warn
Bill Gates, the founder of Microsoft, and Melinda French Gates divorced in 2021 but since then have continued to operate the Gates Foundation together.
Melinda French Gates to resign from Gates Foundation, will pursue own philanthropy with $12.5 billion grant
China and India have not reduced coal generation for electricity, making it harder for Asia's largest carbon emitters to reach their climate targets.
China and India still rely heavily on coal, climate targets remain 'very difficult' to achieve
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