US to grant Samsung up to $6.4 billion for chip plants
WASHINGTON: The United States announced on Monday grants of up to $6.4 billion to South Korean semiconductor giant Samsung to produce cutting-edge chips in Texas.
WASHINGTON: The United States announced on Monday grants of up to $6.4 billion to South Korean semiconductor giant Samsung to produce cutting-edge chips in Texas.
BERLIN: Thailand’s Central Group said Friday it has bought the iconic KaDeWe department store in Berlin from insolvent Austrian real-estate giant Signa.
KUWAIT: Nobel Prize winner Harry Markowitz famously said, “Diversification is the only free lunch in finance.
SAN FRANCISCO: Elon Musk met with Argentine President Javier Milei on Friday at a Tesla plant in Austin, Texas, posting a picture of the pair happily giving thumbs-up signs.
WASHINGTON: The IMF executive board confirmed Friday that it had reappointed Kristalina Georgieva to serve for a second five-year term at the helm of the international financial institution.
LONDON: The Bank of England (BoE) said Friday it would implement a “substantial upgrade programme” to improve its economic forecasting, after a probe found it had “deteriorated significantly” in recent years.
NEW YORK: Large American banks reported solid earnings Friday behind still-high interest rates while offering varying views on the likelihood the United States can avoid a near-term recession.
KUWAIT: As part of its ongoing commitment to reward its customers, Gulf Bank has announced the 10 monthly winners of the AlDanah account draw for March 2024.
TOKYO: One in five Japanese households by 2050 will be elderly people living alone, a new study said, as Japan scrambles to find how to effectively care for its greying population.
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