Target Is Rolling Out a New AI Tool. Retailers Are Embracing the Technology.
The retailer plans to roll out the tool nationwide by August, joining other major companies in using AI to improve productivity and growth.
The retailer plans to roll out the tool nationwide by August, joining other major companies in using AI to improve productivity and growth.
Indian Prime Minister Narendra Modi's government on Wednesday said it has asked the Tamil Nadu state to submit a "detailed report" after a Reuters story revealed that Apple supplier Foxconn rejected married women from iPhone assembly jobs in the country. In a statement calling for the probe, the federal government's Ministry of Labour and Employment cited the Equal Remuneration Act of 1976, saying the law "clearly stipulates that no discrimination (is) to be made while recruiting men and women workers." The ministry said it has requested a detailed report from the Labour Department of Tamil Nadu, site of a major iPhone factory where Reuters uncovered Foxconn’s practice of shunning married women from jobs.
SINGAPORE - Media OutReach Newswire - 27 June 2024 - Chinese tech giant Tencent has consolidated its Singapore office, relocating from 30 Raffles Place to a new flexible working space managed by The Work Project (TWP) at CapitaSky — a 29-storey tower in the Central Business District (CBD). Tencent Consolidates Singapore Office By Moving To TWP’s CapitaSky Coworking Space New Singapore Office Consolidates Tencent Workforce in Prime CBD Location The move, completed in the first week of June 2024 f
Adidas said Wednesday two employees had left the company as the German sportswear giant investigates bribery allegations in China.As a result, both employees have left the company."
The recent collapse of Woodson, a Shanghai-based semiconductor start-up that went bankrupt, is the latest example of how China's efforts to build local alternatives to the world's most advanced chips can fail. Woodson, whose main entity is Shanghai Wusheng Semiconductor Group, was liquidated, according to a notice released on June 6 by the city's Pudong New Area People's Court. That marked the end for the firm, which was once an emerging star in China's semiconductor industry. Do you have questi
As the global payment landscape evolves with initiatives like the European Payments Initiative, investors may find stability and potential growth in dividend stocks amidst market fluctuations. In Singapore, where financial markets are known for their robustness, dividend stocks such as Hour Glass can offer investors a blend of income and relative security in uncertain times.
Four decades ago, a rare earth processing plant on France's Atlantic coast was one of the largest in the world, churning out materials used to make colour televisions, arc lights and camera lenses. Its current owner Solvay is racing to return the plant at La Rochelle to its former glory after years of diminished output as Europe seeks to boost production of the minerals fuelling the green energy transition. The factory's 76-year history is a microcosm of the challenges Europe and the United States face as they seek to reverse massive migration of rare earth processing to China that took place around 25 years ago.
Volkswagen has announced plans to invest up to $5bn (£3.9bn) in US electric carmaker Rivian, as manufacturers rethink their strategies amid uncertain demand.
McDonald's (MCD) is joining the ranks of fast food chains adapting to economic pressures by introducing a new value meal option. Starting June 25, the global fast food giant will add a $5 value meal to its menu, a move aimed at addressing growing cost consciousness among consumers. This strategic decision comes amid a broader trend in the fast food industry, with numerous chains rolling out similar value-focused offerings. Yahoo Finance's Brooke DiPalma breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
Investing.com-- Oil prices settled slightly higher Wednesday, though gains were capped by unexpected build in U.S. inventories and a stronger dollar.
In the rare earths sector, the EU will struggle to meet most of its ambitious goals in new legislation designed to boost domestic output of critical minerals and reduce dependence on China. Below are some key companies working on rare earths, with production figures in metric tons per year. Neodymium and praseodymium (referred to in the industry by their joint elemental abbreviation, NdPr) are key rare earths needed to make permanent magnets.
There are various reasons why someone may want to start a business in their golden years. Perhaps they're retired and miss the workforce. Maybe they've always nurtured a passion for entrepreneurship...
NEW YORK (Reuters) -Oil prices settled slightly higher on Wednesday despite a surprise jump in U.S. gasoline supplies, as investors worried that a potential expansion of the Gaza war could disrupt crude supplies from the Middle East. Brent crude futures rose 24 cents, or 0.3%, to settle at $85.25 per barrel. U.S. West Texas Intermediate crude futures settled 7 cents higher at $80.90 a barrel.
Sales of Zeekr electric vehicles have shot up in Russia in the last year, putting Chinese carmakers ahead of local competition in Russia's small but rapidly expanding electric vehicle (EV) sector. Chinese carmakers have already seized more than half of Russia's car market since Western competitors pulled out, taking their technology and know-how with them, after Moscow sent troops into Ukraine in February 2022. Governments in Europe and the United States are growing increasingly wary of Chinese dominance in the EV sector but Russia, rather than imposing tariffs, is embracing Chinese brands across all automobile sectors to prop up its car industry.
(Reuters) -Livestock farmers in the U.S. would have a clearer path to bringing antitrust complaints against meatpacking companies for unfair business practices under a rule proposed by the U.S. Department of Agriculture on Tuesday. The proposed rule is the fourth introduced by President Joe Biden's administration to boost competition in the highly consolidated meatpacking industry. Earlier rules would require fairer pay to chicken farmers, enhance transparency in poultry contracts, and prohibit retaliation against chicken farmers for raising concerns about anti-competitive behavior.
LONDON (Reuters) -Oil prices edged higher on Thursday as supply disruption risks from rising geopolitical tensions in the Middle East helped to counter demand fears after a surprise build in U.S. stockpiles. Brent crude oil futures gained 70 cents, or 0.82%, to $85.95 a barrel by 1202 GMT. The U.S. Energy Information Administration (EIA) reported a 3.6 million barrel jump in the country's crude oil stocks last week.
Disney World (DIS) is set to revamp its ride reservation system by allowing reservations up to a week in advance, starting July 24. Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest developments for Disney and what they could mean for the company moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
The US House Ways and Means Committee has proposed a strategy for Medicare to cover GLP-1 weight-loss drugs like Novo Nordisk's (NVO) Wegovy and Eli Lily's (LLY) Zepbound. Yahoo Finance Health Reporter Anjalee Khemlani breaks down the details of the proposed bill ahead of Thursday's vote to amend part of the Treat and Reduce Obesity Act of 2023. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl 'Follow Yahoo Finance's latest coverage on Eli Lilly and Novo Nordisk, weight-loss drugs, and the pharmaceutical industry as a whole: How Lilly is joining Novo in the crusade to circumvent Medicare's block on weight loss drugs Eli Lilly seeks to expand Zepbound use to treat sleep apnea Novo Nordisk, Eli Lilly still top 2 pharma stocks: Analyst Eli Lilly and Novo Nordisk are a 'duopoly' in GLP-1 market Why the GLP-1 impact on other industries 'will take years' Eli Lilly unveils new manufacturing plant for GLP-1 pens Novo Nordisk to invest $4.1B in NC facility for GLP-1 drugs Eli Lilly's new Alzheimer's treatment could 'lift' drug market Novo Nordisk stock rises on Wegovy approval in China
Huawei Technologies has emerged as the big winner in China's smartphone market for the recently-concluded midyear 618 shopping festival with the biggest jump in sales and the smallest discounts, according to the latest data from Counterpoint Research. Huawei sales jumped 42.4 per cent during the one-month 618 sales period that started May 20, according to Counterpoint, which attributed the rise to continued strong demand for the company's latest handsets, including those from the Mate 60 and Pur
Investing.com -- Oil prices edged higher Thursday as concerns over Middle East tensions weighing on global supplies overshadowed a surprise build in U.S. inventories.
India's state-run Bharat Petroleum Corp does not see any major change in its annual crude processing this fiscal year, as it plans to shut a crude unit at its biggest refinery for a month for maintenance, an executive said on Thursday. BPCL, the country's third-largest oil refiner, plans to shut its 120,000 barrels per day (bpd) crude unit and some secondary units at the 310,000 bpd Kochi refinery in southern India from mid-September, said Sanjay Khanna, the company's head of refineries, at an industry event. In the last fiscal year ended March 31, BPCL processed nearly 800,000 bpd of crude at its three refineries that have a combined nameplate capacity of 708,000 bpd, he said.