VinFast revenues jump on EV sales to Vietnam affiliate
Vietnamese electric car maker VinFast said on Thursday its third-quarter revenue more than doubled with the largest share of its sales going to an affiliate
Hyundai, Kia to adopt Tesla EV-charging standard from 2024 in US
– Hyundai Motor and Kia Corp said on Thursday that they had decided to adopt Tesla Inc’s electric vehicle (EV) charging technology in the United States. Joining their global
Putting the Global Economy Back on a Winning Streak
They’re universal human aspirations: A world without poverty. Rising living standards. A livable planet. At the start of this century, all of it seemed attainable—within
Corporate taxation can support business investment, but the details of the tax system matter
Business investment in OECD countries has remained weak over the past decades, while the cost of capital has significantly and steadily decreased. This raises the
Samsung to manufacture chips from AI chip startup Tenstorrent
Samsung’s contract chip manufacturing arm picked up a new artificial intelligence chip customer, a Canadian startup called Tenstorrent, the company said on Monday. Tenstorrent is
Global stock index dips while bond yields, dollar climb
MSCI’s global index of stocks kicked off fourth-quarter trading with a decline, while U.S. Treasury yields and the dollar rose after a last-minute deal averted a partial
Oil prices fall 2% to 3-week low on strong US dollar, profit taking
Oil prices fell about 2% on Monday to a three-week low as a higher-priced Brent contract expired, the U.S. dollar strengthened and traders took profits,
Fed’s Powell: Economy still working through the impact of the pandemic
The U.S. economy is still dealing with the aftermath of the COVID-19 pandemic, Federal Reserve chair Jerome Powell said during a meeting with community and
Microsoft CEO calls Google mobile search argument ‘bogus’
Microsoft chief executive Satya Nadella dismissed as “bogus” an argument by rival Google that it is easy to change defaults on computers and smartphones, as he
Inflation and unconventional fiscal policy
Inflation surged around the world in 2022 and became a major policy problem. This column examines what caused the rise in inflation in the euro
