Samsung Electronics has announced a major intensification of its output of advanced chips following a record-high performance in its memory business. The company recorded a memory-chip revenue of approximately 26.7 trillion won in the most recent quarter, up from 22.3 trillion won a year earlier and driving an 80 per cent jump in operating profit…
European automobile giant Volkswagen Group has reported an operating loss of €1.3 billion in the third quarter, after booking writedowns of €4.7 billion linked to its troubled luxury arm Porsche AG and warning that U.S. import tariffs could cost up to €5 billion this year. The convergence of heavy tariff burdens and shifting internal strategy…
Toyota’s renewed commitment to the Indian market unfolds at a time when its financial performance in the country is surging and global trade dynamics are in flux. For the Japanese automaker, India is rapidly moving from peripheral to strategic: the local unit recently logged record profits of around US $640 million, prompting the company to…
When Sam Altman launched ChatGPT in late 2022, it was seen as a technological marvel that could converse, reason, and create in ways few expected from artificial intelligence. But for Altman, that release was never the end goal—it was only the beginning of something far larger. Today, his vision has shifted decisively from building models…
Kraft Heinz has become the latest symbol of a shifting consumer economy, where inflation and value consciousness are redrawing the boundaries of brand loyalty. The packaged food giant has sharply cut its annual sales and profit forecasts, citing stubborn weakness in global demand and a prolonged retreat from premium branded goods. Beneath the surface, the…
Shortly after the launch of its latest smartphone line, Apple is quietly repositioning itself with a sharper focus on premium devices—a strategy that could deliver a meaningful sales boost this holiday season. The company’s upgraded “Pro” models in the iPhone 17 series have attracted early buyer enthusiasm in key markets, suggesting that Apple is leveraging…
Major oil and gas companies are preparing to report modest gains in third-quarter earnings, but the focus among analysts is increasingly on how these firms are positioning for the year 2026. While a slight uptick in crude prices and stronger refining margins may boost results in the near term, the deeper strategic question centres on…
China’s latest five-year plan marks a striking shift in its industrial strategy, with electric vehicles — once the crown jewel of its technological ambitions — excluded for the first time in over a decade. The move signals Beijing’s growing concern over an overheated EV sector plagued by oversupply, falling profits, and intensifying global scrutiny. Instead,…
The race for technological supremacy has entered a new phase as Apple and Microsoft both crossed the $4 trillion market capitalization milestone this week, a feat that cements their dominance at the top of the global corporate hierarchy. This dual achievement reflects not only their enduring business resilience but also the shifting structure of global…
In what diplomats describe as one of the most ambitious efforts to police the digital frontier, the United Nations is set to adopt a new cybercrime treaty in Hanoi — a legally binding agreement designed to unify global action against cyber-offences that are costing the world economy trillions of dollars annually. The treaty, years in…
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