world

Amazon laid off 14,000 corporate staff in October. Source link

SK Hynix will set up a new U.S.-based company focused on artificial intelligence solutions, with $10 billion committed to the project. Source link

South Korea’s SK Hynix on Wednesday posted record quarterly revenue and profit, to beat estimates. Source link

LVMH shares plummeted Wednesday after the French luxury conglomerate reported mixed full-year earnings late Tuesday. Source link

Chinese humanoid robot companies are expanding globally, piling pressure on Elon Musk’s Optimus before it reaches mass production. Source link

ASML is experiencing several tailwinds including an expectation of increased chipmaking capacity and continued demand for AI semiconductors. Source link

That comes just one day after India and the EU announced a “landmark” free trade deal, as countries recalibrate supply chains and trade ties away from the U.S. Source link

European stocks are expected to open in mixed territory on Wednesday as regional investors gear up for earnings season. Source link

Appetite for mining stocks has cooled over the past six months, according to a Citi note. Source link

Executives from Airbus, AstraZeneca and HSBC are joining Prime Minister Keir Starmer on a rare China visit, highlighting the business focus of the trip amid strained global trade relations. Source link