TSMC Delays Start of First Arizona Chip Factory, Citing Worker Shortage
The world’s top contract chip maker said sales are likely to decline 10% this year, as key markets suffer sluggish economic recoveries.
Schwab Survived Deposit Crisis. What Comes Next?
This year has taught the brokerage the downsides of being a bank when interest rates shoot higher.
Far Right Looks to Seize on Spanish Election
After years in opposition, the far-right Vox party has emerged as a likely kingmaker in Spain’s coming parliamentary elections.
She Was the Oppenheimer of Barbie. Her Invention Blew Up.
Mattel co-founder Ruth Handler engineered a new way of selling toys. Then she created the most popular doll in history.
That Extreme Heat Hasn’t Budged Natural-Gas Prices
With a glut from the warm winter, the power-generation fuel costs 60% less than last summer.
Car Thefts Soared as Violent Crime Dropped in First Six Months of Year
Police blame targeting of Kias and Hyundais for a motor vehicle theft increase, while postpandemic factors led to a 9% drop in […]
Givaudan Earnings Drop as Volumes Drag
Givaudan said first-half operating income and adjusted earnings came in below the previous year, and lower volumes caused reduced cost absorption.
HelloFresh Hit By Lower Customer Numbers
Shares in HelloFresh fell after the company flagged a loss in active customers in the second quarter and revised downward its revenue-growth […]
Publicis Raises Guidance After Steady Second Quarter
Publicis now forecasts organic revenue growth of around 5% for 2023, with an operating margin close to 18% after it maintained its […]
TSMC’s Second-Quarter Net Profit Fell 23% on Lower Revenue, Margins
Taiwan Semiconductor Manufacturing Co. said its second-quarter net profit fell 23% from a year earlier on lower margins and revenue..
Spanish Bonds Underperform Pre-Election But Remain Attractive
Spanish government bonds represent an attractive investment with comparatively low political and moderate fiscal risks, Erste Asset Management said.
Anglo American Production Outlook on Track
Anglo American kept its full-year production guidance after it reported a 11% rise in second-quarter output, reflecting the ramp-up of its Quellaveco […]