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Business Technology

Tesla considering building 4.5 bn euro car factory in Spain

According to a source close to the discussions, U.S. electric car manufacturer Tesla is reportedly in talks with the leaders of the regional government of Valencia in Spain for a potential automotive investment. While a spokesperson for Valencia’s regional government confirmed holding meetings and conversations with an unidentified company regarding a “large automotive investment,” they […]

Economy Healthcare World

To Ensure a Sustainable Future, We Must Reevaluate Cost-Benefit Analysis

To Ensure a Sustainable Future, We Must Reevaluate the Approach to Cost-Benefit Analysis Traditional cost-benefit analysis tends to undervalue long-term investments, particularly in natural capital, as it often prioritizes short-term gains and overlooks impacts beyond a 20-year timeframe. In order to rectify this, we need to implement policies that prioritize long-term sustainability and consider the […]

Technology World

Nvidia CEO feels safe relying on Taiwan for chips

Nvidia Corp, a major supplier of chips and computing systems for artificial intelligence (AI), feels “perfectly safe” about relying so much on chip powerhouse Taiwan for manufacturing, its chief executive Jensen Huang said on Thursday. Some companies have expressed concerns about potential risks to business given heightened military threats by China against the democratic island of Taiwan, […]

Technology World

Southeast Asian tech giant Sea disbands investment arm

 Southeast Asian e-commerce and gaming giant Sea Ltd is winding down its investment arm, two people with knowledge of the matter said, amid a cooling investment environment globally as macroeconomic and market uncertainty weigh on valuations. The arm, Sea Capital, stopped new equity investing in 2022 with leadership moving on in May, while Sea itself is […]

Business Finance

Exclusive: Credit Suisse axes China bank plan to avoid regulatory conflict under UBS

Credit Suisse has scrapped plans to set up a locally incorporated bank in China to sidestep a potential regulatory conflict arising from its merger with UBS, said two sources with direct knowledge of the matter. Embattled Credit Suisse had been preparing for years to set up a wholly owned local bank in China. A locally incorporated […]