Business
VinFast’s quarterly loss widens on hefty spending
The company signed two loan facilities during the quarter, totaling US$250 million — Vietnam’s VinFast reported a bigger third-quarter net…
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Spending
Business
Google is spending $40 billion to build 3 new data centers in Texas
Google has 44 data centers in operation or in development around the world, but as demand for AI and the need for compute capacity grows,…
Business
Nvidia’s upbeat forecast soothes fears of AI spending bubble
Nvidia Corp, the world’s most valuable company, gave a strong revenue forecast for the current period, helping counter concern that a…
Business
Meta’s AI spending spree has even the most bullish stock analysts wondering: How much capex is too much?
Meta Platforms has been spending too aggressively on artificial intelligence (AI) infrastructure and that will affect the tech giant’s…
Business
Baidu posts worst sales fall on record despite major AI spending
The results underscore the Internet search leader is losing ad business to rivals while struggling to compete in a crowded AI field Baidu…
News
Ignoring Plus Size Spending Power While Policing Bodies
Let’s not sugarcoat it. The U.S. State Department just quietly slipped out new visa guidance that could deny foreign applicants because of…
News
Trump signs spending bill to end longest shutdown in US history
Watch: Trump signs bill to end longest US government shutdown President Donald Trump has signed a spending bill to reopen the government…
News
Senate passes spending package to reopen government; House up next
The Senate on Monday night passed a spending package to reopen the government through at least January, after Republicans won a figurative…
Business
CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5 billion spending target
Mainboard-listed systems integrator CSE Global has entered into an agreement to issue 62,968,580 new warrants to a wholly owned subsidiary…
Business
NRF Holiday Forecast: 2025 Spending Will Surpass $1 Trillion for First Time
Despite widespread economic concern, the National Retail Federation’s holiday forecast is bright. The retail trade organization said…
Business
After China’s long retail downturn, CEOs see consumer spending coming back
Several North American and European companies have posted positive results in the Asian nation in recent weeks Top executives at Western…
Business
Tech giants test investors’ patience with AI spending spree
Alphabet, Meta Platforms and Microsoft, together have racked up some US$78 billion in capital expenditures last quarter The largest…
Business
Microsoft‘s massive AI spending draws investor concerns as cloud business booms
MICROSOFT’S spending on artificial intelligence infrastructure soared to a record of nearly US$35 billion in the September quarter,…
Business
Buybacks take backseat as AI drives record US capex spending
INVESTORS are increasingly favouring US companies that channel capital towards AI innovation over those offering traditional shareholder…
Business
Luxury brands turn on the charm in China to kindle nascent spending recovery
Brands have flocked to Nanjing Deji Plaza, the country’s top-performing mall in 2024 with sales of 24.5 billion yuan As Chinese shoppers…
Business
TSMC Q3 profit blows past market forecast to a record on AI spending boom
TSMC, the world’s main producer of advanced artificial intelligence (AI) chips, posted a 39.1 per cent jump in third-quarter profit to…
News
Senate vote fails for the eighth time to break Democrats' filibuster of stopgap spending bill
An eighth failed Senate vote Tuesday on the House-passed stopgap bill to fund the government through Nov. 21 will send the government…
Business
China stocks rise post-break as AI buzz outshines tepid spending
Traders are now turning their attention to policy signals ahead of the Communist Party’s Oct 20 to 23 meeting, where the blueprint for the…
News
Conservatives to set out plan for £47bn of cuts to public spending
Kate WhannelPolitical reporter The Conservatives will set out proposals later on cutting public spending on welfare, aid and civil…
Business
AI spending boom is a bubble that will pay off: Bezos
Amazon.com chairman Jeff Bezos said that the spending on artificial intelligence resembles an “industrial bubble” that could lead to lost…
Business
I'm Breaking Up With Black Trousers and Spending Fall In This Rich Pant Color Trend Instead
One thing you should know about me is that I'm very self-aware. I'm always happy to admit when I'm wrong or open up about my shopping…
Business
US Steel approves US$300 million tranche of Nippon Steel spending
UNITED States Steel approved a US$300 million investment to upgrade some of its facilities, advancing part of an US$11 billion commitment…
News
House Passes Spending Bill, Kicking Off Chaotic Battle in Senate
The Republican-controlled House has passed another stopgap bill to keep the government chugging along until late November. The final tally…