GLOBAL BUSINESS AND FINANCE MAGAZINE - Global Business & Finance Magazine

TSMC sending more workers to speed up building of new Arizona plant

Taiwanese chipmaker TSMC said on Thursday it is sending more workers from Taiwan to the U.S. state of Arizona to help build a massive $40 billion

Salesforce to invest $4 billion in UK on AI innovation

Salesforce will invest $4 billion in its UK business in the next five years, the U.S. software company said on Thursday, thanks to strong demand for

Apple stock hits record, on cusp of $3 trillion market value

Apple’s stock climbed to a record high close on Wednesday and was on the cusp of a $3 trillion market capitalization. The iPhone maker’s stock rose

Chip industry globalisation under threat, says chief of China’s YMTC

Geopolitics and the national security concerns of some countries are threatening the globalisation of the world’s chip industry and its future growth, the chairman and

Morgan Stanley board considers next CEO while Gorman clears the decks

Morgan Stanley’s board will focus on the selection of CEO James Gorman’s successor at its summer and fall meetings, a person familiar with the situation said,

Apollo Global leads debt investment in chipmaker Wolfspeed, media report

A group of investors led by Apollo Global Management is making a debt investment between $1 billion to $2 billion in chipmaker Wolfspeed to support its expansion

Yara delays potential sale of clean ammonia stake

Norway’s Yara has postponed the potential sale of a minority stake in Yara Clean Ammonia (YCA), the fertiliser maker said in a strategy update on Monday.

Analysis: After the buzz, investors are doing their own homework on AI

The rapid adoption of generative artificial intelligence has boosted markets this year, but after the initial euphoria, investors are waking up to the possible risks,

A second life for EV batteries? Depends how long the first is

Global automakers have touted plans to re-use electric vehicle (EV) batteries when they lose power, but competition for battery packs and cell materials, and the