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Abbott Laboratories (ABT) will not face criminal charges after the US Department of Justice closed a

June 29 (Reuters) - U.S. stock index futures rose on Monday, led by strong gains in the tech-heavy Nasdaq 100, as easing tensions in the Middle East lifted sentiment following days of hostilities

~ $2 trillion That's how much South Korean chipmakers Samsung Electronics and SK Hynix, along with affiliate companies and the country's government, plan to spend on creating new semiconductor and AI industry hubs in the years to come.

The world’s two largest memory-chip makers said their existing investments wouldn’t be enough to meet demand, amid a worldwide shortage.

ELG intends to grow its position in US multi-brand luxury retail through a model spanning physical stores, digital commerce and remote selling channels.

Concerns have been raised about companies pursuing more than $8.9 billion in federal support.

As corporate borrowing tied to artificial intelligence shows no sign of slowing, bankers are coming up with new ways to sell ever larger volumes of debt. The surge in spending on chips, cloud infrastructure and data centers has led large technology companies, known as hyperscalers, ‌to increasingly issue bonds in currencies other than the U.S. dollar to tap a wider pool of investors and prevent saturation in the U.S. with colossal volumes of ‌debt. Companies such as Amazon.com and Alphabet have issued $60 billion in bonds in multiple currencies in the last 12 months.

Contrarian investors make their reputations by being right when everyone else is wrong. The harder trick is knowing when their own bearishness has run its course. The best of them can flip without flinching. Few investors carry a heavier bearish reputation than Michael Burry. The Scion Asset ...

The cigarette maker plans to cut about 5,500 jobs by the end of the year, on top of around 3,500 roles that it moved to outsourcing partners including Accenture.

U.S. stock futures were higher in early European trade as investors cautiously returned to risk at the start of a shortened trading week.

By Johann M Cherian and Tharuniyaa Lakshmi June 29 (Reuters) - European shares were steady on Monday, underpinned by gains in technology stocks, while investors mulled over the durability of an

South Korean tech giants Samsung Electronics and SK Hynix said Monday they will invest a combined 800 trillion won ($518 billion) in building a new computer chipmaking hub in the country’s southwest region, capitalizing on surging artificial intelligence -driven demand. President Lee Jae Myung joined the companies’ chairs Monday in announcing the plan, which dovetails with the government’s efforts to expand investment beyond the greater Seoul metropolitan area, the country’s economic center and heart of its semiconductor sector.

(Bloomberg) -- US-listed Bitcoin exchange-traded funds are on pace for their worst month of withdrawals since launching two years ago.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsAramco Helicopter Crash in Ras Tanura Kills All 14 on BoardOil Pares Early Gains as US, Iran Halt Attacks After Flare-UpUS and Iran Agree to Halt Attacking Each Other Ahead of TalksAn Analyst’s Missed Remark Surfaced in Deadly Iran School Strike ProbeInvestors have pulled more t

EDF Power Solutions develops, builds and operates renewable plants, storage, EV charging infrastructure and microgrids across the US and Canada.

South Korea is launching a 1,350 trillion won ($880 billion) plan in corporate investments to build out critical AI infrastructure and cement its global dominance in the semiconductor market. President Lee Jae Myung called the sweeping mega-project a "national survival strategy" for the AI era. Bloomberg's Avril Hong breaks down the press conference, where President Lee was joined by the CEOs of tech giants Samsung and SK Hynix to outline the multi-year roadmap.

(Bloomberg) -- South Korean stocks recouped earlier losses as Samsung Electronics Co. and SK Hynix Inc. pledged massive investment during a government briefing that underscored the country’s commitment to AI development.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsAramco Helicopter Crash in Ras Tanura Kills All 14 on BoardOil Pares Early Gains as US, Iran Halt Attacks After Flare-UpUS and Iran Agree to Halt Attacking Each Other Ahead of TalksAn Analyst’s

South Korea will invest nearly $1.2 trillion -- equivalent to more than two-thirds of its GDP -- in a new chip-building hub and AI data centres over several years, as it seeks to profit from soaring demand while developing previously neglected regions.The government also announced a separate investment of a quadrillion won (around $650 billion) in AI data centres over the next 10 years.

The London-listed telecommunications operator said the 50:50 joint venture would serve more than 3,000 customers in around 180 countries.

Investing.com - U.S. Treasuries and Eurozone government bond yields rose on Monday as a fragile truce between the United States and Iran failed to fully dispel energy-led inflation fears, prompting bond investors to brace for key macroeconomic data and crucial central bank commentary later this week.

The rally driven by the global artificial-intelligence boom has exposed structural vulnerabilities in a stock market unaccustomed to wild swings.

(Bloomberg) -- Eternal Ltd. and Swiggy Ltd. got the 10-minute delivery party going in India. Now, e-commerce titans Amazon.com Inc. and Walmart Inc.’s Flipkart are looking to crash it.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsAramco Helicopter Crash in Ras Tanura Kills All 14 on BoardOil Pares Early Gains as US, Iran Halt Attacks After Flare-UpUS and Iran Agree to Halt Attacking Each Other Ahead of TalksAnthropic’s Mythos 5 AI Model Cleared by US for

Samsung Electronics and ‌SK Hynix ‌plan to each build ​two new massive chip fabrication sites in South Korea's southwest ‌region ⁠as part of a national project ⁠to build chip production "ecosystem" valued ​at 800 ​trillion ​won ($517.87 billion), ‌the government said on Monday. The plan was unveiled at the announcement of three ‌new "mega-projects" by ​the country ​and ​the global ‌chip giants to ​spur ​growth and dominate the AI sector. ($1 = ​1,544.8000 ‌won)

Asian markets were mixed on Monday as selling of artificial intelligence-related shares pulled benchmarks in Japan and South Korea lower, though gains for other stocks helped offset those losses. U.S. futures advanced and oil prices gained, though they remained close to the levels they were at before the Iran war began in late February. Tensions between the U.S. and Iran escalated over the weekend as Iran launched fresh drone and missile attacks on Bahrain and Kuwait in response to new U.S. airstrikes, adding to uncertainties clouding the global economic outlook.

Gold ETFs have enjoyed serious upside in recent years, with the price of the precious metal increasing 64% in 2025 after a 26% climb the year before. The price of gold itself has fallen about 6% so far this year and more than 10% since the start of June. It’s always hard to say exactly why the markets do what they do, but the inflation and interest rate outlook clearly isn’t helping gold ETFs at the moment.

The AI boom is fuelling a record surge in dealmaking in the US power and utility industry, as companies compete for capital to build energy infrastructure...

Athletic apparel brand Nike (NYSE:NKE) will be reporting results this Tuesday after market hours. Here’s what investors should know.

A fight between two of the U.S.’s biggest rare-earths companies illustrates the stakes behind the effort to loosen China’s hold on the sector.

The Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) pays a semi-annual distribution sourced from dividends of developed-market companies outside the United States. The question for income-focused holders is whether that stream remains durable as energy, banking, and pharma cash flows shift under tariff pressure and Middle East disruption. FNDF tracks the Russell RAFI Developed ... FNDF Pays Twice Yearly From 800 Global Companies, But Tariffs and Oil Prices Threaten Payou

(Bloomberg) -- Even as prediction platforms like Polymarket and Kalshi surged into the global mainstream in recent years, Japan — like its Asian neighbors China and South Korea — remained a no-go zone due to strict anti-gambling regulations. That may be starting to change, thanks to enterprising new startups that are finding ways to skirt regulations.Leading the charge are homegrown platforms launched by Gen Z entrepreneurs. Spearheaded by seven-month-old Miraima, the apps allow users to wager o

South Korea rolled out sweeping chip and AI mega-projects on Monday, ‌as President Lee Jae Myung pledged to cement ‌overwhelming industry leadership with investments spanning hundreds of billions of dollars over ​several years. The announcement marks Lee's boldest push yet to align South Korea's AI and chip ambitions with his pledge to narrow regional disparities and revive economies beyond the Seoul metropolitan ‌area. Lee was joined by ⁠the leaders of Samsung Electronics and SK Hynix, the world's two largest memory chipmakers, for ⁠the televised announcement.