Nvidia supplier SK Hynix plans to invest $3.87 billion in U.S. chip facility
It is expected to create thousands of jobs in Indiana and align with the Biden administration’s goals of building up domestic chip production.
Coinbase partner ClearBank posts first full year of profit as revenue almost doubles
British fintech firm ClearBank swung to an £18.4 million ($23.3 million) pretax profit in the year ended Dec. 31, 2023, up from a £7.1 million loss in 2022.
Tesla to explore locations in India for $3 billion EV factory, FT reports
The report said that the Tesla team would focus on the Maharashtra, Gujarat and Tamil Nadu states that already have automotive hubs.
India stares at high youth unemployment as hiring in its behemoth IT sector slows
In the October to December period last year, unemployment in India’s youth aged 20 to 24 years rose to 44.49%, from 43.65% in the previous quarter.
Inside Alef Aeronautics, the company trying to build a car you can both drive and fly
Alef Aeronautics is in the early stages of developing a vehicle it hopes will both drive on roads and fly above them.
Here’s who Treasury Secretary Janet Yellen is going to meet in China
U.S. Treasury Secretary Janet Yellen was scheduled to arrive in China on Thursday ahead of four full days of meetings with Chinese officials.
CNBC Daily Open: Disney wins proxy showdown
Nelson Peltz-led Trian Partners lost bid for a seat on Disney’s board.
U.S. to say Indian refineries help make Russia oil price cap work
The G7 price cap on Russian oil is cutting the revenue that Moscow has available, and its effectiveness is helped by Indian refiners, according to remarks.
Senior U.S. diplomat links AUKUS submarine pact to Taiwan
The State Department’s diplomat suggested that the AUKUS submarine project between Australia, Britain and the U.S. could deter Chinese moves against Taiwan.
Asia stocks rebound as investors assess Powell’s comments; Hong Kong, China and Taiwan markets closed
Hong Kong, China and Taiwan markets are closed for a public holiday, while investors will assess March PMI numbers from India.
