Culture
Tech giants test investors’ patience with AI spending spree
Alphabet, Meta Platforms and Microsoft, together have racked up some US$78 billion in capital expenditures last quarter The largest…
Tag
Spending
Culture
Buybacks take backseat as AI drives record US capex spending
INVESTORS are increasingly favouring US companies that channel capital towards AI innovation over those offering traditional shareholder…
Culture
Luxury brands turn on the charm in China to kindle nascent spending recovery
Brands have flocked to Nanjing Deji Plaza, the country’s top-performing mall in 2024 with sales of 24.5 billion yuan As Chinese shoppers…
Culture
AI spending boom is a bubble that will pay off: Bezos
Amazon.com chairman Jeff Bezos said that the spending on artificial intelligence resembles an “industrial bubble” that could lead to lost…
Fashion
I'm Breaking Up With Black Trousers and Spending Autumn in This Rich Trouser Colour Trend Instead
One thing you should know about me is that I'm very self-aware. I'm always happy to admit when I'm wrong or open up about my shopping…
Fashion
I'm Breaking Up With Black Trousers and Spending Fall In This Rich Pant Color Trend Instead
One thing you should know about me is that I'm very self-aware. I'm always happy to admit when I'm wrong or open up about my shopping…
Business
Germany adopts short-term 2025 budget amid push for economic recovery
A general view during a session of the German Council (Bundesrat). Michael Kappeler/dpa Germany's upper house of parliament, the…
Business
Brazil tightens spending curbs to meet fiscal targets
SAO PAULO (Reuters) -Brazil's government will need to tighten spending curbs in order to comply with its fiscal framework this year, it…
News
House Kicks Off Chaotic Battle After Passing Spending Bill
The Republican-controlled House has passed another stopgap bill to keep the government chugging along until late November. The final tally…
News
The U.S. Government Is Spending Way More Than It’s Making
The federal government ran a $345 billion deficit for the month of August, according to a monthly report from the U.S. Treasury Thursday.…
Culture
VinFast’s quarterly loss widens amid heavy spending on ambitious growth strategy
Vietnamese electric-vehicle maker VinFast on Thursday (Sep 4) reported a wider second-quarter net loss as it stepped up spending on global…
Culture
The AI race has big tech spending US$344 billion this year
If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two weeks, it’s to…
Culture
Visa beats quarterly estimates on resilient consumer spending but steady forecast drags shares
Visa beat Wall Street estimates for third-quarter profit and revenue on Tuesday (Jul 29), as the global payments processing company was…
Business
French premier wants to scrap holidays, freeze spending to slash debt
In order to reduce France's record national debt, Prime Minister François Bayrou presented a plan to cancel two public holidays, reduce…
Culture
TSMC revenue climbs 39% in latest sign of AI spending boom
For 2025, investors remain wary about the impact of tariffs on the global economy and the electronics sector Taiwan Semiconductor…
Business
Spain says it has not committed to meeting NATO's new 5% target
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Culture
EV maker VinFast’s Q1 loss widens on higher spending as deliveries rise
Vietnamese electric vehicle maker VinFast on Monday (Jun 9) reported its sixth consecutive quarterly net loss as it continues to ramp up…
Culture
AI to send Asia’s data centre spending and power needs up; Morgan Stanley picks the winners
Data centre investments in Asia will likely double to US$200 billion by 2030, as the rising use of artificial intelligence (AI) will…
Culture
Top Thai wind power firm to fund 65 billion baht of spending with IPO
Thailand’s largest wind power producer plans to spend 65 billion baht (S$2.6 billion) to almost triple its generation capacity over the…
Business
China Ran Record Budget Deficit With Spending Blitz Amid Tariffs
(Bloomberg) -- China’s fiscal stimulus pushed its four-month budget deficit to a record high, as the government ramped up support for the…
Culture
Musk will reduce political spending, committed to being Tesla CEO in 5 years’ time
Elon Musk said he plans to significantly cut political spending and is committed to staying on as Tesla’s CEO for another five years,…
News
Elon Musk Says He’s Stopping Political Spending After Losing Key Race
Elon Musk claimed Tuesday that he plans to back off from buying American elections, following his failed attempt to purchase a Wisconsin…
Culture
Mastercard profit beats expectations on resilient consumer spending
MASTERCARD beat Wall Street estimates for first-quarter profit on Thursday as customers kept up spending on its card network despite the…
News
In an Uncertain Economy, McDonald’s Sees Spending Decline
Even value meals aren’t enough to get anxious consumers to spend. Despite efforts to entice customers to its restaurants, McDonald’s saw…