The US Commerce Department has finalised a $6.6 billion subsidy agreement with Taiwan Semiconductor Manufacturing Co. (TSMC) for its chip manufacturing operations in Phoenix, Arizona. This deal is the first major allocation under the $52.7 billion Chips and Science Act introduced in 2022 to bolster domestic semiconductor production. The contract,…
Global brokerage CLSA has made a significant pivot in its investment strategy, moving back to Indian equities while reducing…
“Big Short” investor Michael Burry raised his stake in Alibaba Group Holdings Ltd (NYSE: BABA) by 30% in the…
China is set to strengthen its position in Latin America with the official opening of the first phase of…
General Motors (GM) laid off approximately 1,000 employees on Friday as part of a broader effort to reduce costs…
Bloom Energy Corp (NYSE: BE) announced a supply agreement with American Electric Power Company Inc (NASDAQ: AEP) for up…
Tata Consumer Products share price has suffered a harsh reversal as it moved into a deep bear market. After…
The Nifty 50 index moved into a correction after falling by over 10% from its highest level this year.…
The DAX index has remained on edge this month as investors assess the recent Donald Trump election victory and…