TSMC posts first profit growth in a year amid global AI boom
The Straits Times Business News TSMC is the world’s largest contract chipmaker and the main supplier to Apple and Nvidia. Go to Source 18/04/2024 – 09:08 / Twitter: @hoffeldtcom
South Korea export growth continues, supporting economic outlook
The Straits Times Business News It is among the world’s largest exporters of goods. and serves as a bellwether for global commerce. Go to Source 01/04/2024 – 03:02 / Twitter: @hoffeldtcom
Home Depot is acquiring specialty distributor SRS for $18.25 billion in huge bet on growing pro sales
US Top News and Analysis Home Depot is making the largest acquisition in its history as its sales growth stagnates. Go to Source 28/03/2024 – 12:02 / Twitter: @hoffeldtcom
Gap shares pop as company’s holiday earnings blow past estimates, Old Navy returns to growth
US Top News and Analysis Sales at Gap’s largest banner Old Navy have been down for more than a year but that trend reversed on Thursday when the retailer reported a 6% jump in revenue. Go to Source 08/03/2024 – 00:04 / Twitter: @hoffeldtcom
German economy limps into 2024 as business sentiment falls
The Straits Times Business News January 25, 2024 9:30 PMEurope’s largest economy is struggling to shake off a recession. Go to Source 25/01/2024 – 15:03 / Twitter: @hoffeldtcom
Alibaba considers yielding control of some businesses in overhaul
The Straits Times Business News March 30, 2023 1:14 PMAlibaba announced its largest restructuring in its history, which will see the group split into six business units. Go to Source 30/03/2023 – 09:02 / Twitter: @hoffeldtcom
Binance plans to suspend US dollar transfers using bank accounts
The Straits Times Business News February 07, 2023 3:07 PMDUBAI – Binance, the world’s largest cryptocurrency exchange, says it is temporarily suspending deposits and withdrawals of US dollars using bank accounts, and will work to restart the service soon. Go to Source February 7, 2023 – 12:02 pm / Twitter: @hoffeldtcom
Many parents still don’t tell adult kids about their wealth
The Straits Times Business News February 05, 2023 5:00 AMThe largest transfer of money is under way – with more than an estimated US$70 trillion (S$91 trillion) set to pass from wealthy baby boomers to their children over the next 20 years in the United States alone – and no one wants to talk about it. Go […]Continue reading
Today in Denmark: A roundup of the latest news on Friday
The Local Stop and search zones set up in Copenhagen after Christmas stabbings, Denmark’s largest tax fraud case and other news from Denmark on Friday. Go to Source December 30, 2022 – 12:03 pm / Twitter: @hoffeldtcom
Danske Bank admits fraud and must pay $2 billion fine in US case
The Local Danske Bank, Denmark’s largest, has pleaded guilty to defrauding American banks in order to move money from criminals in Russia and elsewhere into the US financial system and will forfeit $2 billion, the Justice Department said. Go to Source December 14, 2022 – 12:04 pm / Twitter: @hoffeldtcom