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How employee profit-sharing schemes can build employee loyalty and boost efficiency

How employee profit-sharing schemes can build employee loyalty and boost efficiency

Company executives and human resources managers are constantly on the lookout for new methods for creating a positive workplace environment and boosting employee engagement. American firms have an employee engagement problem. Around 3.5% of the workforce is absent at any one time and, according to...
Foxconn And Nvidia Collaborate To Create 'AI Factories'

Foxconn And Nvidia Collaborate To Create 'AI Factories'

According to the firms, Foxconn, the world's largest contract electronics manufacturer, will develop a new type of data centre employing Nvidia chips and software for a variety of applications including self-driving cars.   Foxconn Chairman Liu Young-way and Nvidia CEO Jensen Huang shared a...
US Saves Nvidia While Threatening China's Chipmaking Future

US Saves Nvidia While Threatening China's Chipmaking Future

While denying China access to vital U.S. artificial intelligence processors, the Biden administration's sweeping new policies also secretly tossed Nvidia, Intel, and Advanced Micro Devices (AMD) a potential lifeline in one of the world's largest chip markets.   Officials at the United States...
Netflix May Raise Rates Following The Success Of The Crackdown On Password-Sharing

Netflix May Raise Rates Following The Success Of The Crackdown On Password-Sharing

When streaming industry pioneer Netflix reports earnings on Wednesday, it's anticipated that it will lay the groundwork for price rises following its crackdown on password-sharing, which likely increased subscribers by approximately 6 million in the third quarter.   In order to reach the...
Dealmaking Mitigates The Impact Of Greensky And Real Estate, Goldman's Reports Better Than Expected Earnings

Dealmaking Mitigates The Impact Of Greensky And Real Estate, Goldman's Reports Better Than Expected Earnings

With a tentative comeback in dealmaking offsetting the $864 million writedown relating to its GreenSky fintech firm and real estate investments, Goldman Sachs' third-quarter profit decreased less than anticipated.   The Wall Street juggernaut reported a 33% decline in net earnings to $2.06...
Ferrari Will Accept Cryptocurrency In The US As Payments For Its Vehicles

Ferrari Will Accept Cryptocurrency In The US As Payments For Its Vehicles

Following requests from its affluent customers, Ferrari has begun accepting cryptocurrency payments for its high-end sports vehicles in the U.S. and will expand the programme to Europe, according to its marketing and commercial chief, who spoke to Reuters.   Since bitcoin and other...
Microsoft Seals A $69 Billion Activision Merger Following Approval From Britain

Microsoft Seals A $69 Billion Activision Merger Following Approval From Britain

Xbox creator Microsoft completed its $69 billion acquisition of Activision Blizzard on Friday, bolstering its position in the video gaming market with top-grossing games like "Call of Duty" to more effectively fight with Sony, the market leader.   The largest gaming merger, first announced...
Samsung Reports Q3 Earnings Above Forecasts, Boosting Optimism For The Chip Industry

Samsung Reports Q3 Earnings Above Forecasts, Boosting Optimism For The Chip Industry

In light of the damaged memory chip market's tentative signs of recovery from a severe downturn, Samsung Electronics reported on Wednesday that its preliminary third-quarter profit fell by a smaller-than-expected 78%.   In contrast to a 1.4% increase in the overall market, Samsung shares...
With Persistent Losses In The Chip Segment, Samsung's Q3 Profit Expected To Fall By 80%

With Persistent Losses In The Chip Segment, Samsung's Q3 Profit Expected To Fall By 80%

Samsung Electronics' third-quarter profit is likely to be 80% lower than a year ago, as the impacts of a global chip oversupply cause losses in what is typically the South Korean tech giant's cash cow industry.   On Wednesday, the world's largest manufacturer of memory chips, smartphones,...
China's Country Garden Has Warned That It May Default On Its Offshore Loan Obligations

China's Country Garden Has Warned That It May Default On Its Offshore Loan Obligations

With China's Country Garden Holdings , the country's largest private property developer, deals with debt restructuring, it stated it may not be able to satisfy all of its offshore payment obligations when they are due or within the necessary grace periods.   "Such non-payment...
Citigroup Will Sell Its Consumer Wealth Business In China To HSBC

Citigroup Will Sell Its Consumer Wealth Business In China To HSBC

Citigroup Inc announced on Monday that it has agreed to sell its China consumer wealth portfolio to Asia-focused HSBC Holdings Plc, which includes clients, assets under management (AUM), and deposits.   The transaction will cover approximately $3.6 billion in deposits and investment AUMs and...
Walmart And Softbank Are Both Interested In The Huge AI And Robotics Idea

Walmart And Softbank Are Both Interested In The Huge AI And Robotics Idea

When Arm Holdings, the semiconductor company that enables artificial intelligence, went public this month, venture capital juggernaut Softbank realised a profit of more than $15 billion on its 2016 acquisition of Arm Holdings. But fewer investors are aware of Softbank's "other"...
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World

Europe's Heat Crisis Exposes Growing Climate and Infrastructure Risks

Europe's Heat Crisis Exposes Growing Climate and Infrastructure Risks
Europe's latest spell of extreme heat has evolved into far more than a weather emergency, revealing how rising temperatures are placing increasing pressure on public health systems, transport...

Nuclear and Asset Disputes Test US-Iran Truce

Nuclear and Asset Disputes Test US-Iran Truce
Conflicting interpretations of a newly signed peace framework between the United States and Iran have exposed the challenges facing efforts to transform a fragile ceasefire into a lasting settlement....

Heat Dome Intensifies Europe’s Early Summer Challenge

Heat Dome Intensifies Europe’s Early Summer Challenge
Europe is confronting one of its most intense early-summer heat events in recent years as temperatures climb toward 40 degrees Celsius across large parts of the continent, placing pressure on public...

Hezbollah’s Role Emerges as Key Obstacle to Broader Middle East Ceasefire Efforts**

Hezbollah’s Role Emerges as Key Obstacle to Broader Middle East Ceasefire Efforts**
Efforts to secure a wider de-escalation of the conflict involving Iran, the United States, and Israel are increasingly being shaped by developments far beyond direct negotiations between Washington...

El Nino's Global Reach Tests Weather, Food and Energy Systems

El Nino's Global Reach Tests Weather, Food and Energy Systems
Warnings from Chinese climate authorities that El Nino conditions are expected to strengthen through autumn and winter have renewed attention on a weather phenomenon that extends far beyond any...

People

Fiscal Signals and Social Engineering Shape China’s New Push to Reverse Demographic Decline

Fiscal Signals and Social Engineering Shape China’s New Push to Reverse Demographic Decline
China entered 2026 with a subtle but symbolically charged shift in its demographic policy toolkit: the removal of a long-standing tax exemption on contraceptive drugs and devices. By applying the...

Reagan’s Enduring Shadow: How an Old Conservative Ideal Still Defines and Challenges Trump’s Presidency

Reagan’s Enduring Shadow: How an Old Conservative Ideal Still Defines and Challenges Trump’s Presidency
A smiling portrait of Ronald Reagan, framed in gold, hangs behind the Resolute Desk — a silent observer of Donald Trump’s presidency. For Trump, the image is both inspiration and burden. While Reagan...

South Korean Workers Recount Ordeal After U.S. Immigration Raid on Hyundai Plant

South Korean Workers Recount Ordeal After U.S. Immigration Raid on Hyundai Plant
South Korean workers caught in the sweeping U.S. immigration raid at a Hyundai-LG battery plant in Georgia have described in vivid detail the fear, humiliation, and uncertainty they endured. Their...

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute
The legal and political battle over President Donald Trump’s attempt to fire Federal Reserve Governor Lisa Cook is moving into a Washington courtroom, where a federal judge is preparing to hear...

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance
The alliance between former President Donald Trump and tech magnate Elon Musk—once hailed as an unlikely marriage of populist politics and Silicon Valley ambition—crumbled in a matter of days this...