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Memory chip giant SK Hynix returns to profit on strong AI demand

The world's second-largest memory chip maker, South Korea's SK Hynix, said on Thursday it had returned to profit after four consecutive quarters of losses...
Business

Online video games, the latest hunting grounds for drug cartels

Narcotics police the world over are sprucing up their video game skills, as cartels go increasingly online to sell drugs and recruit dealers."Cartels have...
Business

Uber, Lyft to pay $328 mn to drivers after New York state probe

Uber and Lyft will pay $328 million to settle a New York probe alleging that the companies "cheated" drivers, in an accord that also...
Business

Meta quarterly profit more than doubles

Meta on Wednesday reported that its quarterly profit more than doubled from last year's figure to $11.6 billion as ad revenue climbed.The tech firm...
Business

Eurozone economic contraction less severe in September

Eurozone economic activity shrank further in September but the rate of decline has slowed, a key survey showed on Friday.Data from the HCOB Flash...
Business

UK inflation in surprise drop to 18-month low

British inflation unexpectedly slowed in August, data showed Wednesday, hitting an 18-month low and sparking hope this week's widely-forecast interest rate hike by the...
Business

Tiffany to reopen NYC flagship under French management

The tarpaulins and scaffolding that obscured the facade of Tiffany and Co's flagship New York jewelry store for years have finally come down ahead...

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