The Bank of England was set to hold its interest rate steady on Thursday despite slowing UK inflation, with higher price risks and Britain's looming election preventing a cut, according to analysts.
British inflation slowed in May to the central bank's two-percent target, official data showed Wednesday, boosting Prime Minister Rishi Sunak's struggling election campaign.
A US banking giant fired more than a dozen employees for "simulating keyboard activity," highlighting a battle within productivity-obsessed corporate America to tame a culture of faking work with gizmos such as mouse jigglers.
When Bae Jin-soo quit his well-paying job at one of South Korea's biggest conglomerates to write stories, his parents were so upset they kicked him out of the house.
Asian equities rallied Tuesday, tracking another tech-driven record on Wall Street, while investors awaited fresh US economic data to get a better handle on the outlook for inflation.
Asian markets fell Monday to extend last week's losses, with traders trying to assess the Federal Reserve's plans for interest rates, while the euro was weighed by political uncertainty as France prepared for a snap parliamentary election.
Executive salaries at major US corporations are soaring -- but shareholders happy with stock prices and greater transparency over remuneration are not pushing back.
Debt-laden tech group Atos said Friday the French state has made a 700-million-euro bid for its most sensitive businesses, including cybersecurity and supercomputers used for the country's nuclear deterrent.
Legal experts say that Thursday's vote does not automatically mean Musk will receive the payout, but that the win could strengthen Tesla's appeal of the Delaware ruling.
The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric cars from next month after an anti-subsidy probe.
Tesla CEO Elon Musk said late Wednesday that the electric vehicle company's shareholders were voting to approve his multibillion-dollar pay package by "wide margins" before the ballot had been concluded.
Boeing faces a Thursday deadline to respond to a US Department of Justice determination that the planemaker can be prosecuted for violating a 2021 deal that allowed it to escape criminal prosecution over two fatal 737 MAX crashes.
Workers fired by SpaceX filed a lawsuit Wednesday accusing Elon Musk of fostering a sexist "Dark Ages" culture at the company he founded.
EGA has committed to achieving net-zero greenhouse gas emissions by 2050, aligning with the UAE's Net Zero by 2050 strategic initiative. A green finance framework sets rules for getting funds from institutions that focus on sustainability.
The four partners - consisting of Abu Dhabi Ports Company PJSC, Abu Dhabi Airports Company PJSC, Abu Dhabi Distribution Company (ADDC), and Masdar City - will work with the Abu Dhabi Investment Office (ADIO) to create a supportive environment for companies in the AGWA cluster.
Struggling French tech group Atos, an Olympics partner and key French defence contractor, said Tuesday it had chosen a takeover offer by a consortium led by its top shareholder Onepoint.
Electric automaker Tesla has launched a charm offensive to try to coax shareholders to vote Thursday for billionaire CEO Elon Musk's giant pay package, after the windfall was nixed in court.
Oil giant Saudi Aramco said Sunday that international investors had snatched up the bulk of shares sold in its latest offering, which was set to raise $11.2 billion.
Japan's household spending rose in April for the first time in 14 months, official data showed Friday, as wages grow at the fastest pace in three decades.
Asian markets fluctuated Friday and investors trod cautiously ahead of US jobs data that could play a key role in the Federal Reserve's plans for cutting interest rates, with the bank's next policy decision looming next week.
Workers at tech giant Samsung Electronics in South Korea staged the first strike at the company on Friday, the head of a major union representing tens of thousands of people said.
Boeing's outgoing CEO Dave Calhoun will testify before a US Senate panel later this month to answer questions about safety and production issues at the aircraft manufacturer, the company said Wednesday.
Pop-culture powerhouse Japan wants to expand its overseas market for video games, manga and anime fourfold to $130 billion in about a decade, the government has said.
Equities were mixed Wednesday as building optimism that the Federal Reserve will cut interest rates before the end of the year was offset by renewed worries about the US economy.
TSMC's board of directors on Tuesday unanimously elected chief executive CC Wei to succeed Mark Liu as chairman of the chip titan.
US chip titan Intel on Tuesday struck a defiant tone in the face of strong challenges from rivals Nvidia, AMD and Qualcomm, unveiling technologies it said would lead the artificial intelligence revolution.
Back-slapping over record passenger figures is tinged with frustration at the airline trade body's annual meeting as carriers lament years-long delays to deliveries of new Boeing aircraft.
Turkish inflation jumped above 75 percent in May, official data showed Monday, but officials expect consumer prices to have finally peaked in a cost-of-living crisis that has dogged President Recep Tayyip Erdogan.
AMD on Monday announced its new artificial intelligence chips for everything from cutting-edge data centres to advanced laptops, ramping up its challenge to the runaway market leader Nvidia.
Nvidia on Sunday unveiled new products and plans to accelerate the advance of artificial intelligence, with the AI hardware titan's CEO telling a packed stadium in Taipei that "the next industrial revolution has begun".
