Amazon: clouds part for Big Tech stocks

Amazon’s end of year performance is not the most impressive of the trillion dollar club to which it belongs. A low sales forecast and rising costs look alarming in the midst of a wide sale of the technology sector. Still, shares beat Big Tech mates to rise 15 percent in after-hours trading. Like a Dutch … Read more

Wordle and recipes are the secret sauce of news

It is a testament to the addictive quality of Wordle that when the five-letter word game was acquired by the New York Times for a low seven-figure sum this week, it felt like a financial bargain. Any challenge that millions, including me, look forward to tackling each morning is a precious asset. A brain-teasing puzzle … Read more

TSMC, Intel ramp up spending as semiconductor demand booms

Signage for Taiwan Semiconductor Manufacturing Co. (TSMC) is displayed at the company’s headquarters in Hsinchu, Taiwan, on Wednesday, June 5, 2019. Ashley Pon | Bloomberg via Getty Images Semiconductor companies around the world are preparing to make major investments in their research and development facilities, in an effort to meet growing demand as the global … Read more

Why real inflation is so hard to measure

What color is a rainbow? On average, white. And what is the current level of UK inflation? On average, 5.4 per cent. Both answers are true. Both are missing something important. The consumer price index, or CPI, aims to measure the average price paid by UK consumers. But when the latest CPI numbers came out, … Read more

Latin American leaders target economic prizes during Beijing Olympics

The opening pageantry of the Beijing Olympics at the Bird’s Nest stadium on Friday marks the start of serious business for two Latin American presidents making their own unusual bids for success during the Winter Games. Argentina’s Alberto Fernández and Ecuador’s Guillermo Lasso are in China seeking support for national economic priorities – a sign … Read more

India plans to take largest state-owned insurer public this year

A man wearing a protective face mask walks past a Life Insurance Corporation Of India (LIC) branding at a bus stop shelter in Mumbai. Ashish Vaishnav | SOPA Images | LightRocket | Getty Images One of India’s largest planned initial public offerings – that of state-owned Life Insurance Corporation – is on track for March, … Read more