Hundreds of billions of dollars have been wiped from the stocks of global chipmakers after a key supplier to the industry warned of a slow recovery in the market, despite booming demand for artificial intelligence technology. Shares in Dutch technology business ASML, which manufactures advanced lithography machines used by the world’s chipmakers, plunged by 15pc after it published its results …
The Archegos meltdown sent shock waves across Wall Street and drew regulatory scrutiny on three continents. Archegos Capital Management founder Sung Kook “Bill” Hwang has been convicted of fraud and other charges by a jury in a Manhattan federal court at a criminal trial in which prosecutors accused him of market manipulation ahead of the 2021 collapse of his $36bn …
Uzbekistan’s President Shavkat Mirziyoyev was re-elected with 87.1% of the vote on Sunday, the country’s Central Election Commission said on Monday citing preliminary results. Mirziyoyev, who has led Central Asia’s most populous nation since 2016, called a snap election after changing the constitution through a referendum which reset his term count and extended the presidential term from five to seven …
Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Average water company executives’ salaries and bonuses rose by 21 per cent from 2020-2021 to 2021-2022, according to an …