Business

Stay informed with free updatesSimply sign up to the Life & ArtsmyFT Digest -- delivered directly to your inbox.Scant information exists about Liang Wenfeng, the DeepSeek…
Read More...

Wholesale retailer Costco has told its employees that pay for most of hourly store workers will increase to more than $30.In a memo sent to employers obtained by Reuters, Costco…
Read More...

A shopper carries a bag with promotional merchandise while visiting fashion retailer Shein's Christmas bus tour, in Manchester, Britain, December 13, 2024. Temilade Adelaja |…
Read More...

Samsung Electronics said Friday its operating profits surged 129.85 percent year-on-year in the fourth quarter of 2024, but fell from the previous quarter as it struggled to…
Read More...

The US Food and Drug Administration has approved the use of a novel painkiller as an effective treatment for short-term moderate-to-severe pain in adults. It’s the first of a…
Read More...

Go figure. Apple reports flat sales for Q4 on its flagship product and Wall St. applauds. But that’s what happened Thursday (Jan. 30) as the company reported record…
Read More...

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Samsung Electronics has reported that weak demand for…
Read More...

Jaap Arriens | NurPhoto via Getty ImagesLarge language models like those developed by Microsoft-backed firm OpenAI are set to become commoditized this year amid rapid advances…
Read More...

By Ludwig Burger FRANKFURT (Reuters) -Novartis on Friday posted adjusted net income well above analyst estimates as sales of established heart failure drug Entresto and…
Read More...

An office building designed by Frank O. Gehry at the Novartis AG headquarters campus in Basel, Switzerland.Bloomberg | Getty ImagesSwiss pharmaceutical giant Novartis on Friday…
Read More...