The risks are rising for Western firms in Russia. So why are so many staying put?
When Russia launched its full-scale invasion of Ukraine in February 2022, a slew of Western companies left in protest. But some of the world's biggest firms — including Nestlé, Heineken and snack maker Mondelez — stayed put.
2023-07-26 13:17
Hyundai Motor's Q2 net profit jumps 15%, slightly misses expectations
SEOUL (Reuters) -South Korea's Hyundai Motor Co reported on Wednesday a 15% rise in second-quarter profit helped by solid sales
2023-07-26 13:17
Women Workers to Be Hurt More Than Men by AI Wave, McKinsey Says
Women have more to worry about than men from a coming wave of automation and artificial intelligence that
2023-07-26 12:47
Chip Heavyweight Hynix’s Revenue Beats as AI Lifts Memory Demand
SK Hynix Inc. reported better-than-expected revenue, declaring the memory chip market is recovering because of surging interest in
2023-07-26 08:28
Godwin Emefiele's downfall: How Nigeria's bank boss ended up in court
The once-powerful bank chief is charged with illegally owning a shotgun, which he denies.
2023-07-26 08:25
Microsoft’s Azure Slowdown Overshadows Optimism About AI Growth
Microsoft Corp. posted tepid quarterly sales growth and forecast a continued slowdown in its Azure cloud-services business, overshadowing
2023-07-26 07:55
Anthropic’s Amodei Warns US Senators of AI-Powered Weapons
A CEO whose company says its artificial intelligence products are tools “that people can rely on” warned senators
2023-07-26 06:57
Senate Targets US Investments in China Through Key Defense Bill
The Senate attached a measure to the annual defense policy bill that would subject some US investments in
2023-07-26 06:56
Asian Stocks Set for Muted Open Before Fed Meeting: Markets Wrap
Asian markets are likely to be subdued Wednesday as investors await the Federal Reserve’s rate decision, with equity
2023-07-26 06:49
Bank of England forecasts 150 billion pound loss from QE gilt programme
By David Milliken LONDON The Bank of England forecast on Tuesday that it would make a net loss
2023-07-26 00:59
Bank of England policymakers weigh up 14th rate hike to tame inflation
LONDON The Bank of England is expected to raise interest rates for the 14th consecutive meeting next week
2023-07-25 23:57
AI’s Grip on Tech Set for Test With Microsoft, Alphabet Earnings
Bets that artificial intelligence will revolutionize Corporate America and deliver riches to the biggest companies behind it will
2023-07-25 21:50