Prestige newsroom BuzzFeed, we hardly knew ye.In a better world, ChatGPT’s pleasant, authoritative, inaccurate and plagiarised consultantspeak would simply replace McKinsey. But here on earth, media executives continue to do what media executives* are wont to do: diving headfirst into...
The Bank of Japan has been urged to relax its government bond yields and be ready to raise short-term interest rates quickly if “significant” inflation risks materialise, the International Monetary Fund (IMF) said on Thursday. In a proposal after...
SPARKS, Nev. (AP) — Tesla said it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits, reflected in record net income reported Wednesday for the fourth quarter of last year, will keep...
A transaction between two manufacturers sees a factory changing hands in Ohio, but that's not all.Contract manufacturer Detroit Manufacturing Systems (DMS) recently sold its plant in Toledo to Tier 1 auto supplier Mayco International.For Similar Content: Subscribe to Daily NewslettersLuckily for...
Bond yields rose on Thursday as improved risk appetite in markets reduced demand for government bonds and traders waited for a batch of U.S. econonic dataWhat’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.153% added by 1.6 basis points...
Good morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas edition to get it sent straight to your inbox every weekday morningEY Germany is planning to cut 40 partners and...
If you’re of the opinion that nothing in the world is better than chocolate, you’re not alone. But chocolate producers are facing backlash after a recent study uncovered some alarming concerns over the contents of America’s most preferred candy.Consumer Reports...
Eleanor Mills left the Sunday Times of London after 25 years as a senior executive and columnist without knowing her next step. She created the website Noon to help women in midlife move into a new phase and to combat...
China remained one of the largest markets for European chip-equipment maker ASML in 2022 amid mounting concerns of possible new curbs on its exports to the country. CEO Peter Wennink said “nothing has changed” currently regarding ASML’s exports to...
Profits at US aerospace and defence contractor Raytheon soared as it sold more jet engines, parts and after-market services to airlines in 2022 amid high air travel demand worldwide.The results followed robust sales of fighter jets, helicopters and missiles, including...
