Donald Trump's decision to impose a 25% duty on imports from India may allow the South Asian country to remain a desirable manufacturing hub. It will come down to whether Washington follows through on ...

Outgoing board head Mark Tucker churned through CEOs and steered the $220 bln bank’s vast overhaul. Now, with the right boss and strategy in place, HSBC could use a diplomatic Asia expert happy to ...

Despite pressure from President Trump and increased dissent from fellow governors, Jerome Powell held rates steady above 4.25%. As the impact of existing tariffs and new escalations like a 25% levy on ...

The Facebook owner and Redmond giant are spending billions to dominate machine learning. Their ultimate goals diverge. Microsoft’s strength is selling to enterprises; Meta CEO Mark Zuckerberg touts a ...

In one sense, it’s a coup that Robey persuaded Weinberg and Evercore founder Roger Altman to pay anything for the business, since the deal essentially equates to hiring a handful of well-connected ...

Electricity-guzzling server farms helped spike prices in the country’s largest power market 11-fold in two years. Soaring rates are hitting caps, blunting incentives to fix the issue. There’s more ...

Chinese internet firms are finally bringing their fierce rivalry to Hong Kong. The market is small. Yet the Asian hub presents a low-risk outpost for the likes of $51 bln JD.com and smaller peers to ...

The Korean group has landed a much-needed contract to supply chips to Elon Musk's electric-car maker. It gives Samsung the chance to show its products can compete with TSMC. But its unprofitable ...

MFE, the Italian clan’s media business, raised its offer for $2.1 bln German broadcaster ProSieben and released chunky estimates for cost cuts and revenue boosters. The question now is whether enough ...

WeWork’s latest push for an initial public offering sounds a bit too familiar. The coworking space’s India affiliate is preparing for a Mumbai share sale. It has improved on the business model of its ...

The cybersecurity operator has a history of canny acquisitions, but its pounce on CyberArk – by far its largest – wiped $16 bln off its shares. With a potential return on investment of as little as 1% ...

In July, the White House set the pillars of its economic strategy: a 15% baseline tariff on key trading partners and gutting corporate and income taxes. Revenue from import duties has now reached a ...