Category Business

SEOUL, South Korea — Samsung Electronics said Wednesday it expects to invest 300 trillion won ($230 billion) over the next 20 years as part of an ambitious South Korean national project to build the world’s largest semiconductor manufacturing base near…

UNITED NATIONS — On the eve of the expiration of a deal enabling Ukraine to export grain, the United Nations’ humanitarian chief on Friday called its extension crucial to ensuring global food supplies and keeping prices from spiraling as they…

KYIV, Ukraine — The Russian military reported Monday that it shot down a Ukrainian drone approaching an air base deep inside Russia, the second time the facility has been targeted this month — again revealing weaknesses in Russia’s air defenses.…

KYIV, Ukraine — Russian forces shot down “a large number” of drones in Russia’s southern Belgorod region, a local official said Wednesday, a day after Moscow announced that its forces crushed a cross-border raid in the area from Ukraine. The…

Governments were urged to reopen borders and implement relief measures amid the ongoing COVID-19 pandemic as passenger demand remained at “critically low levels”, the world’s largest organisation representing the aviation industry said this week. Passenger revenues in the global aviation…

OMAHA, Neb. — The first major railroad merger since the 1990s could be approved Wednesday when federal regulators announce their decision on Canadian Pacific’s $31 billion acquisition of Kansas City Southern railroad. The U.S. Surface Transportation Board has been reviewing…

NEW YORK — As concerns grow over increasingly powerful artificial intelligence systems like ChatGPT, the nation’s financial watchdog says it’s working to ensure that companies follow the law when they’re using AI. Already, automated systems and algorithms help determine credit…