Elon Musk says he will move companies out of California over trans law
Billionaire says he will relocate headquarters of SpaceX and X to Texas over parental notification law.
Category Archives: Economy
Malaysia is building malls like crazy – but shoppers aren’t coming
Dozens of new malls are under construction in the country even as existing complexes struggle to attract customers.
In Australia, energy crunch prompts a heated debate on going nuclear
Australia's opposition leader has proposed building the country's first nuclear plants, but many are unconvinced.
McDonald’s cuts breakfast hours in Australia as bird flu hits egg supply
Fast food giant says it will stop taking breakfast orders from 10:30am instead of midday due to egg supply crunch.
‘Pink baht’: Thailand’s businesses chase same-sex marriage bonanza
Wedding planners, hotels, malls and mortgage brokers are hoping to cash in on the legalisation of same-sex unions.
Nine in 10 top global companies failing to uphold human rights, report says
World Benchmarking Alliance says companies should take greater responsibility for UN Sustainable Development Goals.
US Supreme Court sidesteps ruling on Republican-backed social media laws
Top court declines to rule on Texas and Florida laws, but defends social media platforms' right to moderate content.
US wants Boeing to plead guilty to fraud over fatal crashes, lawyers say
Boeing said to have until end of the coming week to accept or reject prosecutors' offer.
Canada’s WestJet cancels most flights as mechanics strike
Plans of some 110,000 travellers upended after some 680 workers walk off the job.
OpenAI, Microsoft sued by news nonprofit for copyright infringement
Lawsuit by the Center for Investigative Reporting comes after similar claims by <span>The New York Times</span> and other newspapers.
£10,200: How much worse off Britons are after 14 years of Tory rule
Britons have lost the equivalent 15 weeks of wages based on comparisons with pre-2010 growth trend.
16 Nobel Prize-winning economists warn Trump would ‘reignite’ inflation
Joseph E Stiglitz and other Nobel laureates say former president threatens US's standing in the world.
China-backed hackers stepping up attacks on Taiwan, cybersecurity firm says
Hacking group RedJuliett compromised two dozen organisations in Taiwan and elsewhere, report says.
Japan sanctions China-based firms accused of supporting war in Ukraine
Measures mark the first time Tokyo has targeted China-based companies over their alleged support for Russia's war.
Once the pride of Hong Kong, Cathay Pacific becomes government’s punchbag
Flag carrier has become a regular target of government criticism as it struggles to recover from the COVID pandemic.
‘Orwellian’: EU’s push to mass scan private messages on WhatsApp, Signal
EU member states to vote on controversial Chat Control 2 proposals to scan communications for child sex abuse material.
Chinese shadow bankers helped Mexican cartel launder drug money, US says
US prosecutors charge two dozen people over alleged $50m money laundering scheme.
McDonald’s scraps AI pilot after order mix-ups go viral
Fast food giant pulls plug on AI-powered voice-ordering at about 100 outlets after viral videos of order mishaps.
Nvidia becomes world’s most valuable company, dethroning Microsoft
Chip giant's market capitalisation hits $3.335 trillion as stock price continues its stellar rise.
Why Microsoft, OpenAI and Nvidia are facing anti-monopoly probes
US Justice Department and Federal Trade Commission are seeking to root out anti-competitive practices in field of AI.