The investment will include $1 billion for production of EVs at BMW’s South Carolina plant, and $700 million to build a new battery-assembly facility.Story Published at: October 19, 2022 at 06:13PM

Donald Trump also faces an expected state court lawsuit in November by writer E. Jean Carroll over her claim that he raped her in a New York department store.Story Published at: October 19, 2022 at 06:07PM

The news comes at a hugely turbulent time for the U.K. government, with Prime Minister Liz Truss under pressure to resign just two months into her premiership.Story Published at: October 19, 2022 at 06:07PM

The TSMC news comes as global leaders have voiced concern about Taiwan’s continued independence from China.Story Published at: October 19, 2022 at 03:36PM

Truss described her U-turn on tax cuts as “in the national interest to make sure that we have economic stability.”Story Published at: October 19, 2022 at 01:02PM

ASML reported third-quarter earnings that topped analyst expectations, bucking the trend of a slowdown seen by other semiconductor firms.Story Published at: October 19, 2022 at 11:05AM

The inflation data will also impact the Bank of England’s approach for the near term, just as the Bank plans to sell off some of its government bonds, known as gilts, from Nov 1.Story Published at: October 19, 2022 at 07:08AM

The launch will take place at the International Conference on Ocean Energy.Story Published at: October 19, 2022 at 06:44AM

One of Kakao’s top executives will step down after a fire at a data center led to a mass outage over the weekend and disrupted services for 53 million users.Story Published at: October 19, 2022 at 03:19AM

“We think it makes perfect sense,” Ben Wood, chief of research at CCS Insight, told CNBC in an interview. “Starlink is going to need to invest heavily.”Story Published at: October 19, 2022 at 02:08AM