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Pulses over $720-million Q4 loss wipes out nine-month profit, will sell villas to pay down on bond

Pulse Investments reported a net loss of $720 million in its fourth quarter, which wiped out profit generated over nine months due to...

Chinas trade surplus surpasses US$1 trillion for a second straight year, as exports surge 35%

China’s trade surplus exceeded US$1 trillion for a second straight year, according to official data released on Tuesday, as pressure mounts for greater...

Japanese investor SoftBank Group sinks into losses as companys AI hopes falter

SoftBank Group sank into losses for the latest quarter, the Japanese technology company reported Tuesday, as worries about investments in artificial intelligence (AI)...

Teslas Cybertruck heads for an exit after years of hype and division

Tesla’s Cybertruck, the hulking, stainless-steel pickup that inspired devotion and derision with its science-fiction looks, will cease production next year. CEO Elon Musk...

Fisheries Authority says boat contract awards inflated by 100-fold

The National Fisheries Authority (NFA) has clarified that the $6.65-billion value on a contract award notice for fishing boats and engines was a...

Inflation runs hotter than expected as higher prices extend beyond gas station

US inflation was higher than expected last month as the rising prices that powered sweeping Democratic victories in last week’s mid-term elections appear...

Nvidia and Jensen Huang face shareholder lawsuit alleging investors were misled about spy affair

A shareholder has sued Nvidia and its CEO, Jensen Huang, accusing them of deceiving investors in their responses to media reports about Huang’s...

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