Economy

US chipmaker to cut 15 percent of workforce as part of efforts to cut costs by $10bn in 2025.

McDonald’s CEO Chris Kempczinski says low-income consumers eating at home and finding other ways to economise.

Flag carrier says it is unable to achieve target due to lack of newer fuel-efficient aircraft and alternative jet fuels.

Some Japanese businesses are charging multiple times their usual prices amid a record influx of tourists.

Editorial staff vote to walk off the job after rejecting annual pay increase of between 3 and 4 percent.

Before a poor debate performance focused attention on Biden's age, his economic record dragged down his approval.

Fears of new trade tensions with China drive main indexes lower.