Xiaomi releases electric car $4K cheaper than Tesla’s Model 3 as price wars heat up
BEIJING — Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla’s Model…
UBS chief’s surprise return to the Swiss banking giant bagged him a $15.9 million paycheck
UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return at the helm…
China’s economy is on track for ‘strong’ March performance, survey says
BEIJING — China’s economy is ending the first quarter on a “strong” note, according to a business survey published by…
Crypto is ‘like cayenne pepper’ for investors, money manager says: ‘A little goes a long way’
Katherine Dowling has an analogy that may be useful for investors thinking of buying cryptocurrency like bitcoin and wondering what…
Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet
Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the…
