Business

Shi Mei and her husband earn a decent enough living by growing corn and millet on their small farm in eastern China’s Shandong province. In 2021, they diversified by investing in solar energy – signing a contract to mount some 40 panels on their...

Leading artificial intelligence companies made a fresh pledge at a mini-summit Tuesday to develop AI safely, while world leaders agreed to build a network of publicly backed safety institutes to advance research and testing of the technology....

Today’s economic outlook is strangely contradictory. While global markets, led by technology and energy, have been ebullient over high short-term profits, the mood at the Spring Meetings of the World Bank and the International Monetary Fund last...

Canopy Insurance Limited made a yearly profit for the first time since it started operations, its newly released financial results show. The health and life insurance company made $39 million profit at year ending December 2023, spinning from a...

Indonesia’s top investment official said Monday that the government has proposed to Tesla CEO Elon Musk the construction of an electric vehicle battery plant in the nickel-rich country. The official spoke after Musk met with Indonesian President...

Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection. The 56-year-old chain made the filing late Sunday, days after...

Booking Holdings, the American company that owns Booking.com and a number of other travel websites, has been added to the European Union’s list of companies now under heightened digital scrutiny. The European Commission, the EU’s executive branch...

As countries around the world experienced record temperatures last year, United Nations Secretary General António Guterres declared: “We must turn a year of burning heat into a year of burning ambition.” But to move away from fossil fuels and...

Tackling climate change means doing more with less, not simply doing less. The idea that sufficiency, and by association degrowth, could serve as a blueprint for reaching our climate goals gained traction after the COVID-19 lockdowns, when humans...

The United Nations reported improved prospects for the world economy since its January forecast on Thursday, pointing to a better outlook in the United States and several large emerging economies including Brazil, India and Russia. According to its...

Google on Thursday asked that a judge, rather than a jury, decide whether it violated US antitrust laws by building a monopoly on the technology that powers online advertising. To bolster its case, the tech giant wrote a multimillion-dollar cheque...

The ownership of Carilend has shifted from VM Investments Limited to VM Financial Group. No details of the transaction were disclosed, but VM Investments referred to it as a ‘strategic sale’ of its 30 per cent stake in the online lending platform,...