Business

New York semiconductor research site picked for $825 million in CHIPS act funding

The contract for it stems from the 2022 CHIPS and Science Act, which was designed to create more high-tech jobs and ...

Russia fines Google 2.5 decillion dollars for YouTube bans—eclipsing global GDP

It would take more than 33 quintillion years for Google to pay Russia based on its annual profits last year. ...

UK borrowing costs hit highest level this year after Budget

Bond market digests scale of extra borrowing from chancellor Rachel Reeves

Once Europe’s North Korea—Albania is now a rising star of the region’s medical tourism industry

Albania lures millions of tourists a year, with a growing portion coming in search of a radiant smile, luscious lips ...

Lake Tahoe voters may hit vacation homes with a $3,000 tax as 44% of housing units are vacant most of the time

The tax would increase to $6,000 for every subsequent year the home remains empty for half the year. Read More

Exclusive: Richemont will automate a part of its hiring process across brands like Cartier and Van Cleef & Arpels

Richemont will partner with California-based Veritone, to use AI and sift through scores of candidates looking to be hired by ...

Eurozone inflation rises to 2% in October

Annual figure was slightly above expectations and matched the ECB’s target

X’s crowd-sourced ‘Community Notes’ fact checks fail to address flood of U.S. election misinformation, report says

The nonprofit Center for Countering Digital Hate found that accurate notes correcting false and misleading claims about the elections were ...

Stellantis CFO: ‘Performance is below our potential’ in North America as sales collapse 42%

The car maker which owns Peugeot, Fiat and Chrysler, said that its sales fell 27 percent. Read More

Tesla’s robotaxi will make your commute worse. Elon Musk should focus on the less-hyped Robovan instead

Robotaxi companies would argue that centralized vehicle routing algorithms can reduce ‘deadheading,’ but it’s inevitable in any taxi system. Read ...

Live Q&A: Experts answer your Budget questions

Get responses to queries about tax, pensions and personal finance in a live Q&A from 12 noon today

7 questions for ServiceNow’s Bill McDermott, who runs a $195 billion company and sleeps only 5 hours a night

“At the end of the day, what is pain? Your pain might be my pleasure,” says a CEO who sees ...

IMF backs Reeves on £40bn of ‘sustainable’ UK tax rises

Chancellor’s Budget will take country’s tax burden to record high

How an Indian tech company built a $19 billion brand by sponsoring the New York City marathon

The tech giant also sponsors the London, Amsterdam and now, Sydney, marathons. Read More

How bathing in magnesium flakes can reduce stress and boost mood

What you need to know about this wellness habit. Read More

Shark Tank star Kevin O’Leary supports Elon Musk’s plan to gut government spending by $2 trillion with Trump’s blessing—’release the hounds’

The TV investor said Musk should cut even more than the trillions he has proposed. Read More

Halloween in Saudi Arabia

Culture and art as a source of growth. Read More

North Korea conducts longest-ever intercontinental ballistic missile test

Launch comes after US and South Korean defence chiefs condemn Pyongyang’s troop deployment to Russia

Shell to buy back $3.5bn of shares as profits beat expectations

Gas division the biggest contributor to earnings amid rise in liquefied natural gas production

Inside Super Micro’s wake-up call: After riding the AI wave, the $20 billion tech giant is crashing back to earth amid a financial crisis and family drama

Auditor Ernst & Young just walked out in the middle of auditing Charles Liang’s tech giant, but Super Micro disagrees ...

BNP profits rise driven by global markets business

Eurozone’s biggest bank posts gains for third quarter across equities and fixed-income trading

Halloween festival showcases Londonderry’s cultural reinvention

City is leaving behind its Troubles legacy to embrace investment and vibrant arts scene

Harris’s other electoral foe: inflation

American voters’ discontent with high living costs could decide who wins the White House next week

Key Icahn holding sputters in fresh blow to his corporate empire

Midwestern US refinery CVR Energy suspends its dividend, a crucial source of cash for the veteran financier

Did Labour mislead UK public ahead of Budget?

Rachel Reeves’ tax-raising measures come after she pledged not to be a levy-hiking chancellor

The new face of European illiberalism

Prime Minister Robert Fico has tightened his grip on Slovakia using Hungarian leader Viktor Orbán’s playbook as inspiration

America’s gender-gap election has a long history

The question of whether the US can stomach a woman as president remains open

Volkswagen is in crisis again. Can it be reformed?

Europe’s largest carmaker is at war with workers and politicians as it tries to navigate a painful EV transition