Page 860 - Ap/workspace/business Standard Web/undefined

Micron Technology announces layoffs, cost cutting as chip demand drops

Micron will reduce its workforce by 10% next year and take other cost-cutting measures as the computer memory chip maker struggles to deal with too much supply amid a drop in demand

Ukraine welcomes president Zelenskyy back from US; Putin dismisses trip

Ukrainians welcomed President Volodymyr Zelenskyy back from a wartime visit to the United States, hailing his trip as successful while Russian officials said that the visit only fuelled the conflict

US govt agency probing automated driving system use in 2 Tesla crashes

The US government's highway safety agency said it will send teams to investigate two crashes in California and Ohio involving Teslas that may have been operating on automated driving systems

Key January 6 riots witness says lawyer sought to influence testimony

Cassidy Hutchinson said her first lawyer advised against being fully forthcoming with the panel, telling her it was acceptable to testify that she did not recall certain events when she actually did

Three-time Olympic champion Lyu Xiaojun tests positive for doping

Three-time Olympic weightlifting champion Lyu Xiaojun of China has tested positive in a doping case, the International Testing Agency said

FTX founder Sam Bankman-Fried allowed $250 million bond, house arrest

The cryptocurrency entrepreneur Sam Bankman-Fried can post $250 million bond and live in his parents' home in California while he awaits trial on charges that he swindled investors

Amazon may breach trademark rights over fake Louboutin ads: European Court

Online retail giant Amazon could be held responsible for breaching luxury shoemaker Christian Louboutin's trademark rights over sale of counterfeit red soled high-heeled shoes on its platform

Japan adopts new policy to promote use of nuclear power to tackle energy

Japan on Thursday adopted a new policy promoting greater use of nuclear energy to ensure a stable power supply amid global fuel shortages and to reduce carbon emissions

IAEA chief discusses Ukraine nuclear plant protections with Russia

The head of UN nuclear watchdog met in Moscow with officials from Russia's military as he pursues a long-running drive to set up a protection zone around a Russian-occupied nuclear plant in Ukraine

Japan's Board of Audit finds Tokyo Olympic costs 20% higher than announced

The cost of the delayed 2020 Tokyo Olympics is 20 per cent higher than organisers said when they announced officials figures more than a year ago, according to a report by the Board of Audit of Japan

Germany nationalises Uniper after EU approval to prevent gas shortage

The deal built on an initial rescue package agreed in July and features a capital increase of 8 billion euros (USD 8.5 billion) that Germany is financing

UN Deputy urges nations to consider forces for Haiti to restore security

The UN's deputy secretary-general urged every country with capacity to urgently consider the Haitian government's request for an international armed force to help restore security

Fiji calls military to maintain security after close election is disputed

Fijian police on Thursday said they were calling in the military to help maintain security following a close election last week that is now being disputed

IRS policy mandatory presidential audit policy goes under spotlight

Democrats in Congress are responding by introducing legislation that would codify the IRS policy into law with more stringent requirements

Argentina govt defends chaotic parade to welcome team post FIFA WC win

The World Cup and the success of the national team brought a brief respite from the political infighting that is common in Argentina

Associates of FTX founder Bankman-Fried plead guilty to criminal charges

Two top associates of Sam Bankman-Fried have pleaded guilty to criminal charges in the collapse of the cryptocurrency exchange FTX in cooperation deals

Italy to host Tour de France bicycle race in June 2024 for the first time

Italy will host the start of the Tour de France for the first time in 2024

China's military sends 39 warplanes, 3 ships toward Taiwan in 24 hours

China's military sent 39 planes and three ships toward Taiwan in a 24-hour display of force directed at the island, Taiwan's defence ministry said

Ukraine President Zelenskyy thanks 'every American,' sees 'turning point'

Ukrainian President Volodymyr Zelenskyy thanked every American for their support of Ukraine as he delivered an address to Congress aimed at sustaining US and allied support for his country's defense

Schumer urges show of support for Ukraine with spending Bill amid war

The Senate inched closer to passing a $1.7 trillion government funding bill Wednesday with supporters pointing to a visit by Ukrainian President Volodymyr Zelenskyy