Santander says 750 jobs at risk as it pursues UK...
A solo Bitcoin miner hit the jackpot early Friday, mining a block without a pool of supporting miners and bagging a $266,000 reward in the process. But just how realistic is such...
Economycs
Uncover valuable insights on economic trends, shifts in financial markets, and the latest business news from around the world, keeping you informed on the forces shaping the global economy.
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This startup is creating a global tech platform for recycled...
Each year 36 million trees fall due to decay, disease, natural disasters or clearing for new development. The vast majority of those trees are either burned, sent to a landfill...
Mining giant Fortescue says Big Oil is getting it wrong...
Australian mining tycoon Andrew Forrest, founder and executive chairman of Fortescue, says Big Oil is getting it wrong on renewables — at a time when European energy majors are doubling...
Samsung Electronics co-CEO Han Jong-hee, 63, dies of heart attack
South Korea’s Samsung Electronicssaid Tuesday that its co-CEO Han Jong-hee, 63, died of a heart attack. He headed Samsung’s digital appliances division, as well as its device experience unit, which...
Weekly mortgage demand pulls back, as interest rates rise for...
After a strong streak of gains, mortgage demand pulled back last week. An increase in mortgage rates, as well as rising uncertainty about the economy, were the likely culprits. Total...
Alibaba-affiliate Ant combines Chinese and U.S. chips to slash AI...
BEIJING — Alibaba-affiliate Ant Group is using both Chinese and U.S.-made semiconductors for building more efficient artificial intelligence models, according to a source familiar with the matter. The combination of...
Tariff fears are raising construction costs by up to 20%,...
Building contractors are already hiking prices as much as 20% to offset potential tariffs, a move that could also raise prices of new condos and homes, according to the CEO...
DoubleLine’s Gundlach sees more risk coming along with greater chance...
DoubleLine Capital CEO Jeffrey Gundlach said Thursday there could be another painful period of volatility on the horizon as the fixed income guru sees heighted risk of a recession. “I...
UK economy’s disappointing November growth fuels the case for Bank...
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics (ONS) showed Thursday, with the reading fueling expectations that the Bank...
FedEx cuts full-year results forecast on ‘uncertainty’ in economy, bad...
FedExlowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly soft demand and uncertainty in the U.S. industrial economy as President Donald Trump imposes...
