Business
A routine day in Washington, D.C., turned chaotic when law enforcement thwarted an attempted stabbing inside a business. The swift arrest of the unidentified...
Hi, what are you looking for?
A routine day in Washington, D.C., turned chaotic when law enforcement thwarted an attempted stabbing inside a business. The swift arrest of the unidentified...
On Monday, several investment managers revealed their fees for their planned spot bitcoin exchange-traded funds (ETF), a step toward U.S. securities regulator approval this...
Blackstone to close multi-strategy fund after assets drop nearly 90% (FT) According to a report published by the Financial Times on Tuesday, the asset...
On Wednesday, oil prices fell for a fourth day as worries about decreasing European demand outweighed Middle Eastern supply interruptions from the Israel-Hamas conflict...
It was reported in the media that Japan is planning to begin the release of treated water from the Fukushima nuclear plant into the...
This comprehensive article delves into the pressing issue of the escalating fire season in the Amazon rainforest and the crucial role environmentalists play in...
Stocks fall, Treasuries gain after Fitch downgrades U.S. rating. This global markets wrap-up provides key highlights from various financial markets on August 2, 2023....
China is grappling with the aftermath of historic rains that have caused widespread flooding in South Beijing and various regions in North China. This...
In July 2023, Typhoon Doksuri made landfall in Northern China, bringing heavy rain and posing potential risks to the region. As one of the...
On July 28, 2023, an exciting discovery was made off the coast near Rome, Italy—an ancient Roman cargo shipwreck. The find has captivated archaeologists...
Moody’s, the renowned credit rating agency, has taken significant action by cutting Thames Water’s credit rating and issuing a new warning. The move comes...
White House says Biden would veto Republican-backed proposals over budget cutbacks. The political landscape in the United States remains charged with debates over fiscal...
Meta’s Threads may attract Twitter advertisers, but observers believe it’s early. Social media platforms connect people, businesses, and ideas in today’s ever-evolving digital landscape....
Philips, a leading healthcare and technology company, has achieved a significant milestone by producing 99% of the replacement respiratory devices required. This accomplishment comes...
AMC Entertainment Holdings Inc., the popular American movie theater chain, has filed a revised stock conversion settlement proposal with the Delaware court. The revised...
Nikola claims the damaged truck rekindles at HQ. Electric vehicle manufacturer Nikola faced an unexpected incident when a damaged truck reignited at its headquarters....
In a significant move towards advancing electric vehicle (EV) technology and production in the United States, Stellantis and Samsung SDI have jointly announced their...
In this article, we explore India’s decision to reject BYD’s proposal to establish a $1 billion factory in the country. As reported by the...
Putin warns Poland that attacking Belarus means attacking Russia. In a significant geopolitical development, Russian President Vladimir Putin has issued a stern warning to...
On July 21, 2023, Schindler, a leading global provider of elevators and escalators, announced an upward revision to its 2023 outlook. The company attributes...
On July 21, 2023, several Malaysia-based telecommunications companies successfully concluded negotiations to acquire stakes in the country’s 5G agency. The completion of these talks...
Discover the extraordinary journey of CEO Mookie Deitsch and the mouthwatering world of Bonnie and Pop, where gourmet popcorn and artisanal snacks create flavorful...
US-China climate talks yielded goodwill but limited progress. The US-China climate talks, held on 20th July, have resulted in positive outcomes, with both sides...
Oil prices have opened lower due to a combination of factors, including the strength of the dollar and profit-taking activities. These developments have significant...
ABB gains orders amid China downturn. ABB, a global technology company specializing in industrial automation and electrification solutions, has reported robust activity in the...
World Bank chief: India should capitalize on the ‘China plus one’ approach. Countries continually seek ways to enhance their economic competitiveness and resilience in...
Anthropic CEO to appear at US Senate committee on AI regulation. The CEO of Anthropic, a leading technology company specializing in artificial intelligence (AI),...
US-China outlooks divide Asia equities. On July 19, 2023, the global financial landscape witnessed significant developments that shaped market sentiments and investment strategies. This...
Thailand’s Pita faces parliament’s last vote on PM. On July 19, 2023, Thailand faced a pivotal moment in its political landscape as Pita, a...
Taiwan Semiconductor Manufacturing Company (TSMC), a leading semiconductor manufacturer, is expected to witness a 27% year-on-year decline in its second-quarter earnings. However, there are...
Norway’s data protection regulator has imposed a fine on Meta, formerly known as Facebook, for privacy breaches. The regulatory action underscores the significance of...
Entain, a prominent gaming and betting company based in Britain, has announced its plan to acquire Angstrom Sports, a US-based sports betting platform, for...
Chinese tech giant Xiaomi is strategically expanding its presence in India by introducing larger retail stores. The move comes amid intensifying competition with Samsung,...
Credit Suisse, a prominent Swiss financial institution, is facing an inquiry into its operations. Still, the files related to the investigation will be kept...
Gold set for greatest week in 3 months on Fed pause bets. Thanks to a weaker dollar, gold prices are poised to achieve their...
FTC appeals Microsoft/Activision case. The Federal Trade Commission (FTC) is gearing up for a challenging battle as it faces an uphill task in the...
Bosch invests in hydrogen and starts fuel-cell power module manufacture. We delve into the recent developments by Bosch in the field of hydrogen technology...
EU to relax Japan food import restrictions. In a significant development, the European Union (EU) is expected to announce the lifting of import curbs...
Lucid shares fall on flat second-quarter deliveries and output. Lucid Motors, a leading electric vehicle (EV) manufacturer, has achieved a significant milestone by delivering...
After U.S. inflation slows, the dollar falls for two months. European shares have experienced gains as investors anticipate the release of crucial U.S. inflation...
Tax hit hurts India’s gambling and casino industries. Indian online gaming companies are facing a significant challenge as their share prices have fallen following...
To cut expenses, IBM is considering leveraging its AI processor in new cloud services. IBM, a leading technology and consulting company, is contemplating the...
Takeaway One of the crucial aspects of managing employee credit card usage is establishing clear policies and maintaining open communication with your employees. Clearly...
Volkswagen confronts investor concerns over Xinjiang audit independence. Maintaining transparency and accountability has become paramount in a rapidly evolving global business landscape. Volkswagen, a...
Inflation data boosts stocks and lowers the dollar. Here is a comprehensive wrap-up of the global markets, providing key highlights and insights into the...
Investors managing $2.1 trillion must address the mental health effects of technology. A group of investors managing a staggering $21 trillion in assets has...
China’s foreign minister to miss ASEAN meeting for health reasons. The announcement that Wang Yi, the Chinese Foreign Minister, will represent China at the...
Centrica, a leading energy company based in the UK, has entered into a significant liquefied natural gas (LNG) supply deal with Delfin Midstream. This...
Gold falters as traders anticipate US inflation data. The price of gold remains steady as investors worldwide eagerly await the release of key US...
Airbus opens a small jet production plant under A380’s shadow. Airbus, one of the world’s leading aircraft manufacturers, has recently inaugurated a new assembly...
Indian court rejects PepsiCo’s potato patent revocation petition. PepsiCo, the multinational food and beverage company, faced a significant setback as an Indian court turned...
TPG, a global private equity firm, has agreed to acquire the cybersecurity company Forcepoint from Francisco Partners for $2.45 billion. This acquisition demonstrates TPG’s...
Alibaba, Tencent soar as investors bet Tech censorship in China is over. Alibaba Group Holding Ltd’s stock is expected to open with a significant...
A suspended Twitter account that tracked the movements of Elon Musk’s private jet is now in competition with Meta’s Threads, a new feature by...
The United Nations (UN) has announced plans to initiate food aid deliveries using artificial intelligence (AI) robots as early as next year. This innovative...
In a recent statement, U.S. Treasury Secretary Janet Yellen urged China to embrace market reforms while emphasizing that the United States is not seeking...
Twitter has threatened to sue Meta, the parent company of Facebook, over its Threads-Semafor application. This legal dispute arises from concerns regarding potential trademark...
President Biden’s campaign against “junk fees” has now extended to short-term health insurance plans. These plans, often chosen by individuals seeking temporary coverage, have...
Temu, a startup e-commerce platform, has announced its expansion into Japan, signaling its growth and ambition in the global market. This move presents new...
Prigozhin back in Russia, Wagner deployment unclear, says Lukashenko. Belarusian President Alexander Lukashenko has made a significant announcement, stating that Yevgeny Prigozhin, a Russian...
Social media ban appealed by Biden administration. The Biden administration has appealed the social media ban in a major legal move. This restriction regulates...
Tesla Inc. (TSLA.O) dropped Japan’s Model 3 and Y prices by low single-digit percentages. According to its website, Tesla cut Model 3 and Model...
An important Chinese trade policy adviser warned Wednesday that China’s export limits on semiconductor metals are “just a start” as Beijing escalates a tech...
After Goldman Sachs downgraded top lenders, including the Agricultural Bank of China (AgBank), Hong Kong-listed Chinese banking shares fell on Wednesday. The Hang Seng...
Thames Water, Britain’s largest water supplier, was fined 3.3 million pounds ($4.2 million) on Tuesday for contaminating waterways in 2017. In 2017, the firm...
Russia said Ukraine had assaulted Moscow with at least five drones shot down or blocked, though one of the capital’s main airports had to...
After a preliminary investigation, EU antitrust regulators will decide by Aug. 7 whether to approve Adobe’s (ADBE.O) $20 billion purchase of cloud-based designer platform...
In a “difficult” week for Kyiv’s counteroffensive against Russian soldiers, President Volodymyr Zelenskiy said Ukraine had regained land along eastern and southern fronts. Deputy...
Panasonic (6752.T)’s battery arm will need four more plants to meet its 2031 aim of a rapid increase in electric vehicle battery capacity; its...
After acquiring Credit Suisse, UBS (UBSG.S) is recruiting wealth managers for wealthy Americans in the U.S. In the year’s first half, UBS hired 50...
On Monday, Kuniko (KNI.AX) announced an offtake and equity investment deal with automaker Stellantis (STLAM.MI) to boost its Norwegian battery metals initiatives. Kuniko said...
Apple Inc. (AAPL.O) became the first business to exceed a $3 trillion market valuation in hopes of expanding into new markets and a more...
Moscow claims 700,000 Ukrainian conflict-zone youngsters are in Russia. Grigory Karasin, director of the Federation Council’s international committee, stated late Sunday that Russia had...
After the funeral of a North African teenager who was shot by police, tens of thousands of police were deployed across France on Saturday...
Musk says Twitter will limit tweet reading. Executive Chair Elon Musk posted on Saturday that Twitter limits how many tweets users can read daily...
Humane, founded by ex-Apple design and engineering team Imran Chaudhri and Bethany Bongiorno, announced the Humane Ai Pin today as its first product. It...
A retired Venezuelan general who claims he plotted to overthrow President Nicolas Maduro pleaded guilty to U.S. accusations of aiding Colombia’s FARC rebel organization...
On Friday, Russian Foreign Minister Sergei Lavrov advocated for expanding the United Nations Security Council to offer more representation to countries in Asia, Africa,...
Global M&A activity decreased 36% year-on-year in the second quarter, but investment bankers and attorneys were optimistic that the stock market’s recovery would eventually...
On Friday, Twitter’s lawyer told Reuters that India’s Karnataka High Court rejected Twitter’s challenge to the federal government’s tweet and account blocking orders and...
Oil prices surged above $75 a barrel on Friday, but sluggish global economic activity and gasoline demand threatened a fourth quarter of losses. At...
After the worst night of nationwide riots in protest of a police shooting of a teenager, French President Emmanuel Macron convened his cabinet for...
The U.S. and Netherlands will further restrict chipmaking equipment shipments this summer to prevent China’s military from using their technology. The Dutch aim to...
On Thursday, Japan and South Korea revived a $10 billion currency exchange pact to enhance “the regional financial safety net” amid rising geopolitical concerns...
Paris shooting: Second night of unrest after cops murder teen. After the traffic stop death of a 17-year-old kid in Nanterre, protesters launched fireworks...
BlackBerry (BB.TO) reported a surprise first-quarter profit on Wednesday as its cybersecurity division benefited from increasing client spending and its corporate software gained momentum...
On Wednesday, the Financial Times (FT) reported that Twitter’s new CEO, Linda Yaccarino, is developing a video advertisements service, recruiting more celebrities, and increasing...
Russia’s elite feared a civil war as one of the most deadly mercenary battalions marched on Moscow. Flight tracking data and one source said...
Two individuals with direct information said India’s antitrust regulator is reviewing Air India’s planned merger with Vistara and has asked the business why it...
According to a term sheet reviewed by Reuters, Sichuan Kelun-Biotech Pharmaceutical wants to raise $208.6 million in a Hong Kong IPO. The term sheet...
Shop price inflation slows in June, poll reveals. A Tuesday survey revealed that British shop price inflation eased this month, relieving households from rising...
On Tuesday, the Wall Street Journal reported that the U.S. may ban A.I. chip exports to China. Nvidia (NVDA.O) and Advanced Micro Devices (AMD)...
Apple’s (AAPL.O) class-action lawsuit accusing CEO Tim Cook of defrauding shareholders by hiding weakening iPhone demand in China was denied by a U.S. judge....
On Tuesday, Russia’s antimonopoly watchdog announced that Google (GOOGL.O) was penalized 4 billion roubles ($47 million) for failing to pay a previous payment for...
Snowflake (SNOW.N), a cloud data analytics business, is teaming with Nvidia (NVDA.O) to let finance, healthcare, and retail customers construct AI models using their...
After failing to resolve a Foxconn investment dispute, Lordstown Motors (RIDE.O) filed for bankruptcy and put itself up for sale on Tuesday. Lordstown fell...
Google wants India’s top court to overturn Android antitrust directives. Two sources said Google (GOOGL.O) had asked India’s Supreme Court to overturn antitrust directives...
UK SFO delays Glencore personnel charging decision until year-end. On Monday, the Serious Fraud Office’s attorneys told a London court that they would determine...
Russia urges unity behind Putin after the failed mutiny. After mercenaries briefly took a critical command center for its Ukraine war and marched on...
New York lawyers fined for using bogus ChatGPT cases in briefs. Two New York lawyers who submitted a legal brief using six ChatGPT-generated case...
Oil was marginally higher on Monday after an aborted weekend rebellion by Russian mercenaries increased concerns about petroleum supply, while markets lacked direction as...
Pakistan slammed the US and India on Friday after President Joe Biden met Prime Minister Narendra Modi at the White House; both leaders urged...
The National Highway Traffic Safety Administration (NHTSA) announced Friday that Honda Motor (7267.T) recalls 1.2 million US vehicles due to a rearview camera image...
Family Minister Eugenia Roccella said in a Friday interview that Italy might issue an “amnesty” to parents who had children through surrogacy after legislation...
Nasdaq (NDAQ.O) announced Thursday that it would sell $5.07 billion in debt to fund the acquisition of Thoma Bravo-owned software startup Adenza. The $10.5...
Jeffrey Epstein’s victims have urged a U.S. judge to preliminarily accept JPMorgan Chase’s $290 million deal to resolve charges that the largest U.S. bank...
Punit Goenka told the Economic Times that ZEE Entertainment (ZEE.NS) and Sony’s Indian unit (6758.T) would merge regardless of who is CEO. In 2021,...
The U.S. Senate Majority Chuck Schumer called for “comprehensive legislation” to progress and defend AI and will organize forums later this year. If the...
According to plant operators, Exxon Mobil Corp.’s (XOM.N) 564,440-bpd Baytown, Texas, refinery’s reformer fire was rapidly doused on Wednesday. Sources say the 65,000-bpd Hydroformer...
After Secretary of State Antony Blinken met with G7 representatives in London on Wednesday, the U.S. State Department stated the G7 reaffirmed their unity...
According to Bloomberg News, Telecom Italia (TLIT.MI) may sell a minority stake in its enterprise unit for more than 6 billion euros ($6.6 billion)....
Rivian (RIVN.O), an electric car startup, adopted Tesla’s (TSLA.O) charging standard on Tuesday, giving Rivian customers access to the largest U.S. charging network and...
Yonhap reported that YouTube will launch its first live commerce channel in South Korea on June 30. As the Alphabet-owned (GOOGL.O) company focuses on...
China extended a purchase tax exemption on new energy vehicles (NEVs) on Wednesday, a new economic pillar whose lackluster recovery has market analysts screaming...
Stellantis (STLAM.MI) and Foxconn (2317. TW) will design and sell vehicle electronics from 2026. SiliconAuto will offer Foxconn and other clients Stellantis and its...
On Tuesday, 20-06-2023, Bloomberg News reported that Alphabet Inc.’s (GOOGL.O) Google had begun early talks with domestic suppliers to relocate some Pixel smartphone manufacturers...
China’s Premier Li Qiang told Germany’s top CEOs that a lack of cooperation was the biggest risk during a visit to urge for deeper...
According to a story from Bloomberg News on Tuesday, citing people familiar with the situation, Grab Holdings (GRAB.O), located in Singapore, is planning its...
A senior Ukrainian government source told Reuters ahead of a gathering this week that Ukraine wants $40 billion to fund the first part of...
On Monday, a senior Russian official told TASS that Russia’s tactical nuclear weapons deployment in Belarus is permanent. In March, Russia sent tactical nuclear...
On Monday, JLR announced a partnership with supply chain mapping and risk analytics firm Everstream Analytics to integrate artificial intelligence into its system to...
Asian equities stall rally, eyeing China stimulus, Powell testimony. After their best weekly run in five months, Asian shares started cautiously on Monday as...
The Mainichi Shimbun reported on Sunday that support for Japanese Prime Minister Fumio Kishida’s cabinet fell 12 percentage points to 33% during a Group...
Mercedes drivers will soon use ChatGPT voice control. ChatGPT is becoming mobile. Mercedes-Benz (MBGn.DE) announced Thursday that ChatGPT might power some of its luxury...
The China-led Asian Infrastructure Investment Bank (AIIB) said it would assist with a Canadian government examination prompted by a top employee’s resignation over Chinese...
US, Iran discuss ‘agreement’ to de-escalate tensions. Iranian and Western officials stated the U.S. is negotiating with Iran to curb its nuclear program, release...
On Friday, U.S. memory chipmaker Micron (MU.O) announced investing 4.3 billion yuan ($603 million) in its Xian chip packaging factory. China’s cyberspace authority announced...
Oil falls as China’s economy falters in May. In May, China’s industrial output and retail sales growth missed predictions, confirming fears about a lackluster...
On Thursday, Australia announced it would draft legislation to cancel Russia’s lease to build a new embassy in Canberra. The federal court concluded last...
Former President Donald Trump’s 2024 White House campaign reported raising $7 million since being indicted on federal charges last week. His message of political...
Stocks stagnate as U.S. rates rise for longer. After the U.S. Federal Reserve decided not to raise interest rates for the first time in...
HSBC (HSBA.L) and Standard Chartered (STAN.L) are among lenders under pressure from Hong Kong’s banking regulator to accept crypto exchanges as clients, the Financial...
Binance CEO Changpeng Zhao stated that the exchange hadn’t sold Bitcoin or Binance Coin. Binance Holdings Ltd., known as Binance, runs the largest cryptocurrency...
BYD’s sole agent announced on Wednesday that two showrooms and a service center in Hong Kong have reopened after being vandalized earlier this week....
On Tuesday, Tyson Foods (TSN.N) announced it would lay off 228 corporate employees in Illinois who refused to move to its Arkansas headquarters to...
An AWS executive told Reuters that Amazon Web Services (AMZN.O), the world’s largest cloud computing company, may use AMD’s new artificial intelligence chips. AMD...
Following U.S. inflation figures, the Indian rupee is projected to open higher on Wednesday. Non-deliverable forwards suggest the rupee will open at 82.22–82.24 to...
Co-founder Jack Dorsey said India threatened to shut down Twitter unless it restricted accounts critical of the government’s handling of farmer demonstrations, which Prime...
Kishida unveils new child care plan amid election rumors. On Tuesday, Japanese Prime Minister Fumio Kishida will announce steps to boost the birthrate by...
Toyota announces battery and EV innovations. Toyota Motor (7203.T) will use high-performance, solid-state batteries, and other technologies to increase electric car range, performance, and...
Bargain hunting lifted oil prices on Tuesday, but investors remained cautious ahead of crucial Fed and central bank policy meetings. By 0340 GMT, Brent...
According to sources, the $61 billion acquisition of VMware (VMW.N) by U.S. chipmaker Broadcom (AVGO.O) is expected to receive conditional EU antitrust approval. People...
On Monday, BioNTech (22UAy.DE) will defend itself against a German woman’s complaint alleging side effects from its COVID-19 vaccination, the first of potentially hundreds....
On Monday, UBS (UBSG.S) completed its emergency takeover of Credit Suisse (CSGN.S), establishing a $1.6 trillion Swiss bank with stronger wealth management. In a...
A letter seen by Reuters from an Indian organization representing Netflix, Amazon, and Disney informed the government its new cigarette warning requirements are impractical...
Canada extends Ukraine’s tariff-free order and restricts access to protected farm sectors. On Friday, Canada renewed Ukraine’s tariff-free access for most commodities but tightened...
Meta showed its new generative AI capabilities for Instagram, WhatsApp, Messenger, and internal use this week. At an all-hands meeting, Meta CEO Mark Zuckerberg...
On Friday, the U.S. and five allies condemned economic coercion in trade practices in a joint proclamation that appeared to target China. Australia, Britain,...
On Friday, Russia claimed significant fighting in southern and eastern Ukraine, while Kyiv remained silent about its long-awaited offensive. No impartial reporting from the...
Toyota (7203.T) announced Thursday that it would invest $328 million in a plant in Guanajuato, Mexico, to adjust its production processes for a new...
Ex-minister asks Beijing to set global EV battery standards. On Friday former industry minister said China should standardize electric vehicle (E.V.) battery regulations to...
Congress will debate two new AI measures. U.S. senators presented two bipartisan artificial intelligence legislU.S.n on Thursday amid growing concern over the technology. One...
Dollar falls after jobless claims rise; Fed in spotlight. After a jump in weekly unemployment claims raised hopes that U.S. interest rates were nearing...
Yandex (YNDX.O), a Russian internet company, announced Thursday that it would retain its Nasdaq Stock Exchange listing if it restructures and sells its Russian...
The U.K. government said Prime Minister Rishi Sunak and U.S. President Joe Biden would discuss artificial intelligence safety at their Thursday meeting ahead of...
Asian stocks fall as Fed rates worry traders. On Thursday, a surprise Bank of Canada interest rate hike raised concerns that U.S. rates could...
Citigroup CEO promises Beijing China expansion. During her first visit to China as Citigroup (C.N.) CEO this week, Jane Fraser, said the bank would...
The EU may ban Huawei’s 5G use. On Tuesday, the Financial Times reported that the EU may restrict member states from adopting Huawei Technologies...
On Wednesday, two sources told Reuters that Goldman Sachs Group (GS.N) will open a Tokyo power derivatives desk. Generators, customers, and distributors are trading...
Zara owner Inditex (ITX.MC) reported a 54% increase in first-quarter profit on Wednesday as sales kept pace after a successful 2022 beating other stores...
Due to the “strange” company structure, OpenAI CEO has no IPO plans. At an Abu Dhabi conference, OpenAI CEO Sam Altman stated the Microsoft-backed...
Ford Motor Co. (F.N) appointed Liz Door as its chief supply chain officer on Tuesday amid parts shortages and escalating prices. Starting June 12,...
On Tuesday, financial network Calastone reported that U.K. investors bought money market funds at the fastest rate since last year’s failed “mini-budget.” Calstone’s fund...
Associated British Foods (ABF.L), which owns Primark and other sugar, food, and ingredients companies, will buy dairy technology startup National Milk Records for 48...
Oil falls as the global economy outweighs Saudi output decrease. Oil prices fell early on Tuesday as global economic fears overcame supply worries after...
Analysts and media, including Reuters, tried Apple Inc.‘s $3,499 Vision Pro headset on Monday. The device is not yet ready for mass production: a...
Five sources told Reuters that Elon Musk’s brain implant business Neuralink, estimated at close to $2 billion in a private fundraising round two years...
United Airlines CEO worries about rivals crossing Russia. On the sidelines of an aviation conference in Istanbul, United Airlines (UAL.O) CEO Scott Kirby told...
U.K.’s FTSE 100 starts week up on energy boost; ASOS surges. Energy industries lifted the U.K.’s FTSE 100 on Monday after Saudi Arabia threatened...
Volvo automobiles (VOLCARb.ST) sold 60,398 automobiles in May, up 31% year-over-year. The 31% increase follows a difficult 2022, when COVID-19 lockdowns in China, chip...
In a May speech, an RBI deputy governor recommended that Indian bank boards address governance issues, including risk management and customer and market conduct....
Chinese media downplays U.S. diplomat’s Beijing visit. A Chinese state-backed tabloid criticized a top U.S. State Department official’s travel to China as Washington’s attempt...
On Monday, a private-sector survey revealed that China’s services activity increased in May as new orders supported a consumption-led economic recovery in the second...
Saudi Arabia will cut output deeply in July as part of an OPEC+ plan to curb supplies into 2024 to support oil prices. Saudi...
Asian markets extend global gain; Saudi cuts boost oil prices. After mixed U.S. jobs data, Asian markets extended a global surge on Monday as...
OPEC+ meetings may agree to more output curbs. As oil prices fall and a supply glut looms, OPEC and its allies begin two days...
On Friday, U.S. President Joe Biden called a “crisis averted” after a plan to postpone the debt ceiling passed. Biden urged Americans to unite,...
Exclusive: Barclays CEO to stop US talent flight. According to sources, Barclays CEO C.S. Venkatakrishnan hosted a virtual town hall this week to address...
Investors are suing Tesla Inc (TSLA.O) CEO Elon Musk for insider trading and manipulating Dogecoin, costing them billions. In a Wednesday night Manhattan federal...
RBA should keep rates at 3.85% in June but may hike soon. Despite inflation well above the target range, a Reuters poll of economists...
California, New York pensions reject Toyota chairman. Shareholder voting records showed that two top U.S. public pension systems voted against Akio Toyoda’s re-election, focusing...
Ukraine claimed it downed over 30 missiles and drones. On Friday, Ukrainian soldiers in Kyiv said they shot down more than 30 Russian missiles...
Dollar gains as House adopts U.S. debt bill, euro dives ahead of inflation. After the U.S. House voted to postpone the debt ceiling, the...
Shares rise on U.S. debt bill passage; Fed delays chatter. Global shares jumped Thursday as predictions for a U.S. rate hike. However, this month...
After Russia invaded Ukraine, BRICS foreign ministers are convening in South Africa from Thursday to provide a counterweight to Western geopolitical domination. The negotiations...
NATO watches Moldova’s sky while European leaders meet. As Kyiv prepares a counteroffensive against Russia’s invasion, NATO will monitor Moldova’s skies. The EU’s 27...
On Wednesday, Ryanair (RYA.I) delivered a petition signed by 1.1 million EU passengers to the European Commission urging that overflights be protected against air...
JPMorgan Chase & Co (JPM.N) CEO Jamie Dimon said the U.S. and China need “real engagement” to tackle their complex security and trade issues....
On Wednesday, the central bank president advocated a minimum wage to tackle social inequality, saying Italian wages have seen some of the weakest real...
A British consortium that includes Glencore (GLEN.L) will spend $9 billion in Indonesia’s mining and electric vehicle (EV) battery sectors, a minister said on...
U.K.’s FTSE 100 fell to a two-month low on Wednesday, pulled down by energy sectors as investors were concerned about China’s economic revival. At...
Faraday Future Intelligent Electric (FFIE.O) unveiled its $309,000 limited edition FF 91 2.0 Futurist Alliance EV. The 300-unit model was available for US and...
EU parliament to challenge Hungary’s EU presidential abilities. A draft parliamentary resolution indicates that on Thursday, the European Parliament will question Hungary’s eligibility to...
PwC Australia may lose government audit contract, Treasury boss says. An official told a senate inquiry that Australia’s Treasury department may not renew a...
Oil dipped on Tuesday as concerns about the U.S. debt ceiling pact dampened the risk-on attitude, and inconsistent statements from major producers muddied the...
The Ultimate Guide to Identifying Your Target Audience Understand the importance of identifying your target audience, conducting market research, and using customer segmentation to...
On Monday, media reported that China rebuffed a U.S. proposal for a defense chief meeting at an annual security gathering in Singapore this weekend....
Zelenskiy asks South Korea for defense equipment. President Volodymyr Zelenskiy told a South Korean newspaper that Ukraine “desperately hopes” South Korea will send anti-aircraft...
Poland’s president said on Monday he would approve a bill authorizing a panel to probe Russian influence despite opposition complaints that it is a...
Nvidia CEO thinks AI makes everyone a programmer. On Monday, Nvidia Corp (NVDA.O) CEO Jensen Huang declared the “digital divide” over because artificial intelligence...
Newcrest’s Cadia mine license in NSW is still under consideration. Newcrest Mining Ltd.’s (NCM.AX) most lucrative gold mine in New South Wales is still evaluating...
SoftBank Group Corp (9984.T)-owned chip designer Arm introduced new mobile device technology on Monday. In addition, Taiwan smartphone chip maker MediaTek Inc (2454. TW)...
If more countries joined a Russia-Belarus union, Belarusian President Alexander Lukashenko offered “nuclear weapons for everyone.” This week, Russia deployed tactical nuclear weapons in...
After threatening satellite launch, Japan wants to destroy any N.Korean missile. North Korea informed Japan of a satellite launch between May 31 and June...
In a Monday statement, Chinese Commerce Minister Wang Wentao called on Japan to fix its “wrongdoing” of semiconductor export limitations. Wang made the remarks...
U.S. debt ceiling deal may boost Indian stocks. Due to the U.S. debt ceiling resolution, Indian shares were expected to open higher on Monday....
Indonesian state utility Perusahaan Listrik Negara [RIC:RIC: PLNEG.UL] requested $700 million to erect a 200-megawatt (MW) solar panel to replace diesel power generators. The...
Russia launched the “largest drone attack” on Kyiv before Kyiv Day; 1 killed. As Kyiv prepared to celebrate its establishment on Sunday, local officials...
On Sunday, Republican U.S. House Speaker Kevin McCarthy predicted that most House Republicans would endorse a new agreement with President Joe Biden to postpone...
Putin demands increased border security. On Sunday, President Vladimir Putin ordered border security to enable “fast” Russian military and civilian movement into Ukrainian districts...
Institutional Shareholder Services (ISS) advised Toyota Motor Corp (7203.T) shareholders to support a resolution demanding the carmaker to disclose its climate change advocacy. ISS...
After grueling discussions with the White House, House Speaker Kevin McCarthy must pass a tentative borrowing limit deal through the House, where hardline Republicans...
China deletes 1.4 million self-media posts. After a two-month investigation uncovered “pronounced problems” such as disinformation, unlawful profiteering, and official state impersonation, China’s cyberspace...
ConocoPhillips (COP.N) bought TotalEnergies’ (TTEF.PA) Canadian subsidiary’s 50% stake in the Surmont oil complex for $3 billion, displacing Suncor Energy. Cash-flush producers want to...
As the ruling Law and Justice (PiS) party prepares for a legislative election later this year, Family and Social Policy Minister Marlena Malag announced...
Iran claims Ukraine’s president criticizes drones to get Western armaments. Tehran accused Ukrainian President Volodymyr Zelenskiy of anti-Iranian propaganda in his appeal for Iran...
Treasury Secretary Janet Yellen said Congress must raise the $31.4 trillion debt ceiling by June 5, or the US will default. Yellen had predicted...
Hyundai Motor Group and L.G. Energy Solution Ltd (LGES) (373220. K.S.) said Friday that they would establish a $4.3 billion electric vehicle (E.V.) battery...
Canadian privacy regulators are investigating ChatGPT-parent OpenAI’s data collection and use. On Thursday, Canada’s Office of the Privacy Commissioner announced it would investigate OpenAI’s...
A Singapore court ordered Credit Suisse (CSGN.S) to pay $926 million for failing to protect the assets of a former Georgian prime minister. Former...
Nvidia’s AI bet nears trillion dollars. After its outstanding revenue projection, Nvidia Corp (NVDA.O) rose 24% on Thursday, one of the biggest one-day rises...
On Friday, Ukraine shot down 10 Russian missiles and 20 drones that attacked Kyiv, Dnipro, and eastern areas overnight. Russia has boosted missile and...
Switzerland accelerates liquidity backstop following Credit Suisse disaster. On Thursday, the Swiss government accelerated work to extend a public liquidity backstop Credit Suisse obtained...
On Thursday, the Royal Bank of Canada (RY.TO) and CIBC (CM.TO) announced a decline in second-quarter earnings as harsh economic conditions forced the lenders...
On Thursday, CIBC (CM.TO) announced a drop in second-quarter profit due to greater provisions for failed loans due to the economy. On Wednesday, the...
Industry sources said Chevron (CVX.N) is selling its Congo oil and gas assets to focus on newer, more profitable output. Two insiders say the...
Blockchain.com’s CEO predicted a “push upward” after a U.S. government default on Thursday. If Congress does not lift a $31.4 trillion cap on government...
Treasury Wine Estates (TWE.AX) dropped nearly 8% on Thursday after warning that inflation was restricting demand for its commercial-grade wine and raising packaging costs....
Western intelligence agencies and Microsoft (MSFT.O) reported Wednesday that a state-sponsored Chinese hacking gang has been eavesdropping on various U.S. critical infrastructure firms, from...
On Thursday, the U.K.’s FTSE 100 fell as investors worried about the Bank of England’s monetary tightening, while Cineworld surged as the theater operator...
Top fund manager BlackRock Inc. (BLK.N) gained investor support at its annual meeting on Wednesday as it seeks a middle ground in ESG policy...
The EU lowers financial product prices. On Wednesday, the EU announced proposals to lower retail investor fees for financial goods to boost investment and...
Analog Devices Inc. (ADI.O) announced that a volatile economy will hurt its third-quarter earnings, sending its shares down more than 5% in premarket trade....
Panasonic (6752.T)’s CEO said China remains a top market despite geopolitics highlighting the need for solid supply chains elsewhere. Companies should “de-risk” but not...
On Wednesday, the IMF’s managing director indicated she doesn’t expect US dollar holdings to change quickly. Kristalina Georgieva stated, “We don’t expect a rapid...
Lenovo Group Ltd. (0992. HK) reported a 24% drop in revenue for the January-March quarter on Wednesday, meeting market expectations as PC demand continued...
Asia stocks fall; Kiwi dollar falls as RBNZ hints hikes. As U.S. debt ceiling negotiations dragged on, Asian stocks extended a global sell-off, while...
Crypto watchdog offers first worldwide standards. On Tuesday, IOSCO published the first global approach to regulate crypto assets and digital markets, drawing from last...
EU seeks highest court support in $14 billion Apple tax dispute. On Tuesday, EU competition officials asked the bloc’s highest Court to overturn a...
Adani Enterprises Ltd. led Adani Group gains on Tuesday after a Supreme Court panel found it “impossible to conclude regulatory failure on allegation of...
Iranian President Ebrahim Raisi visited Indonesia on Tuesday and inked a preferential trade pact to boost economic ties. Joko Widodo, addressing after the signing...
Walgreens fights a ‘staggering’ $642 mln arbitration award to Humana. Walgreen Co., a national retail pharmacy chain, has urged a U.S. judge to dismiss...
On Monday, Chevron Corp (CVX.N) acquired shale producer PDC Energy Inc (PDCE.O) in a $7.6 billion stock-and-debt deal. After Russia invaded Ukraine last year,...
Paris 2024 organizers have been placing the Olympic flame on the Eiffel Tower; a source told Reuters on Monday. It was unclear if the...
Oil prices were stable on Monday as U.S. debt ceiling negotiations dampened confidence about demand later in the year and offset support from reduced...
Some regulators use outdated regulations to regulate artificial intelligence services like ChatGPT, which could change society and industry. The rapid improvements in generative A.I.I....
After Moscow hailed the Wagner private army and Russian troops for seizing Bakhmut, Ukraine stated on Sunday that its forces were still pushing to...
China’s Micron ban revives US trade tensions, boosts Asian chip rally. On Monday, some Chinese and South Korean chipmaker stocks rose after Beijing prohibited...
Zelenskiy appeals to the ‘Global South’ during the G7 conference. Ukraine’s Volodymyr Zelenskiy met with India’s Narendra Modi on Saturday and was scheduled to...
On Saturday, Russian mercenary head Yevgeny Prigozhin claimed that his Wagner troops had successfully captured Bakhmut. However, the Ukrainian government denied this report and...
G7 sanctions Russia and cuts China’s trade dependence. Leaders of the world’s richest countries tightened sanctions against Russia and highlighted the need to decrease...
In reaction to Washington’s latest penalties, Russia’s foreign ministry barred 500 U.S. citizens, including former President Obama, on Friday. The ministry also said Russia...
After months of negotiations with Russian authorities, Volkswagen (VOWG_p.DE) sold its Kaluga production plant and local companies on Friday. VW said VW sold its...
On Friday, Britain sanctioned Russian energy and grain industries. At the G7 summit in Japan this weekend, Britain, the US, and the other major...
India and the UK are far apart on a free trade deal. Indian sources stated that disparities in tariff lines and investment protection laws...
OpenAI announced the ChatGPT iOS app. OpenAI stated ChatGPT is free and syncs history across devices. “ChatGPT Plus subscribers get exclusive access to GPT-4’s...
Oil prices rose on Friday after falling more than 1% as investors became cautiously hopeful about the U.S. debt default risk. By 0420 GMT,...
AMP was fined $16 million for billing deceased customers. AMP Ltd. (AMP.AX) will pay a court-mandated penalty of A$24 million ($16.3 million) for invoicing...
G7 leaders face Ukraine’s Hiroshima legacy. At a Group of Seven (G7) conference in Hiroshima, Japan, leaders of the world’s advanced democracies were prepared...
Ukrainian air raid sirens sounded early Friday, with some locations reporting explosions and officials stating anti-aircraft forces were active in numerous regions. From 2...
Wall Street’s debt ceiling optimism boosts Asian stocks. Asia shares surged on Thursday, following Wall Street, while the dollar hovered just below a two-month...
Boeing unveils data tool for net-zero emissions aim. Boeing Co (BA.N) launched a data modeling tool to help airlines and policymakers find the fastest,...
Indian and Asian shares rose on Thursday after signs that the U.S. was close to raising its debt ceiling. The Nifty 50 (.NSEI) increased...
Sony Group Corp (6758.T) said Thursday it is considering a partial split off of its financial sector three years after assuming full control as...
According to sources, Broadcom (AVGO.O) proposed interoperability remedies to meet EU antitrust concerns over its $61 billion deal for VMware (VMW.N). Wednesday’s European Commission...
German economy minister resigns over nepotism. On Wednesday, Economy Minister Robert Habeck announced the resignation of a top economy ministry official following a nepotism...
Musk claims Tesla won’t survive a harsh economy. Tesla Inc. (TSLA.O) CEO Elon Musk cautioned that the global economy will be tough for the...
Former First Republic firm CEO Michael Roffler blamed the firm’s collapse on contagion from other regional bank failures and said authorities did not raise...
After beating second-quarter sales forecasts, Siemens (SIEGn.DE) boosted its full-year revenue and profit guidance on Wednesday. The train and industrial software provider now predicts...
According to Chief Cabinet Secretary Hirokazu Matsuno, Prime Minister Fumio Kishida will meet with global semiconductor firm executives to strengthen multilateral collaboration on Thursday....
Tesla Inc. (TSLA.O) has sought regulatory approval to expand its Shanghai facility and make pouch-type battery cells in limited quantities. The Shanghai Gigafactory’s capacity...
UK’s main stock index rose on Tuesday as weak currency benefited some internationally focused consumer sectors, although Vodafone fell after forecasting a large decline...
The U.S. Virgin Islands has subpoenaed Tesla Inc (TSLA.O) CEO Elon Musk for papers in its lawsuit against JPMorgan Chase & Co (JPM.N) for...
Two people with firsthand knowledge of Morgan Stanley’s intentions claimed the Wall Street firm would cut investment bankers’ Asia bonuses by as much as...
The New Zealand Labour Administration will present a “no frills” 2023-24 budget on Thursday to avert inflation. Prime Minister Chris Hipkins has slashed costly...
With insolvency looming, Go Airlines of India sought emergency arbitration in a lawsuit against Pratt & Whitney in the U.S. state of Delaware. The...
As she attempted to accelerate Europe’s decarbonization, European Commission President Ursula von der Leyen stated on Monday that a fossil fuel-based energy mix could...
Bank of New York Mellon Corp. announced Monday that a top New York Federal Reserve official responsible for domestic markets would join the business...
Novartis (NOVN.S) announced the new Sandoz board members on Monday. The Basel corporation accepted Sandoz Chairman-designate Gilbert Ghostine’s ten board members, who will begin...
On Monday, Telangana’s IT minister said that Apple Inc. (AAPL.O) supplier Foxconn (2317. TW) would invest $500 million in manufacturing plants. K. T. Rama...
On Monday, a senior Chinese ambassador will visit Ukraine, Russia, and other European capitals to explore a “political settlement” to the Ukraine conflict. The...
On Saturday, the Wall Street Journal reported that Amazon.com Inc. (AMZN.O) had revamped its logistics network to minimize shipping distances and increase profits. According...
Honduras’ senior diplomat announced that discussions for a trade pact with China would begin soon. At a press briefing, Honduran Foreign Minister Eduardo Enrique...
Germany committed to continue supporting Kyiv with 2.7 billion euros ($3.0 billion) in military aid on Saturday. A defense ministry said the package would...
JioCinema, owned by Indian billionaire Mukesh Ambani, is charging 999 Indian rupees ($12) yearly to compete with Netflix and Disney. The decision comes weeks...
On Friday, KFC and Pizza Hut operator Sapphire Foods India (SAPI.NS) reported a 57% drop in fourth-quarter profitability due to increasing expenses and competition...
As U.S. and Chinese economic worries resurfaced, oil prices fell for a fourth week on Friday. By 0635 GMT, Brent crude futures fell 48...
After rejecting the private equity firm’s most recent purchase offer, British e-commerce platform THG Plc (THG.L) announced on Friday that it had ended talks...
After a $10.6 billion merger in the industry fuelled anticipation for greater consolidation among lithium miners, Australian-listed lithium miners rose on Thursday. On Wednesday,...
Apple (AAPL.O) was investigated by Italy’s antitrust body AGCM on Thursday for allegedly abusing its dominance in the applications industry. From April 2021, the...
Bayer (BAYGn.DE), a drug and pesticide company, said cost inflation and the reversal of last year’s glyphosate-based weedkiller price hike would likely weaken its...
After reporting first-quarter revenue and profit in line, Deutsche Telekom (DTEGn.DE) upped its full-year operating profit estimate on Thursday. On a more bullish forecast...
The U.S. agency identified unsatisfactory Chinese firm audits. The federal body announced Wednesday that the U.S. Public Company Accounting Oversight Board (PCAOB) discovered unacceptable...
On Wednesday, contract research business Syneos Health Inc. (SYNH.O) announced that Elliott Investment Management, Patient Square Capital, and Veritas Capital would purchase it for...
Alphabet Inc.’s (GOOGL.O) Google will likely showcase more artificial intelligence in its products on Wednesday to counter Microsoft Corp.’s (MSFT.O) threat to its lead...
After a rise that brought sterling to its highest in a year, Deutsche Bank stated on Wednesday that the British pound is no longer...
Hyundai and Wuling electric car sales rise due to Indonesia tax drop. Auto executives reported that Indonesia’s largest economy’s electric vehicle (EV) adoption increased...
Mitsubishi Heavy Industries (7011.T) anticipates record defense equipment orders this fiscal year as Japan embarks on its largest military buildup since World War Two....
No speedy solution as EU members start negotiations on additional Russia sanctions. On Wednesday, European Union nations began discussing new penalties over Russia’s war...
Panasonic Holdings Corp (6752.T), a Japanese E.V. battery producer, anticipated a higher operating profit this year on Wednesday due to strong U.S. auto battery...
Virgin Australia completed capital return plans for IPO. In an internal email on Wednesday, Chairman Ryan Cotton said that Virgin Australia’s IPO is “well...
Rupee may fall more before critical U.S. inflation statistics. After falling below a critical threshold in the previous session, the Indian rupee may fall...
Germany says the EU should not be scared by Moscow’s military display and assist Ukraine as long as necessary. On Tuesday, Chancellor Olaf Scholz...
UK evaluates AI models as fast expansion raises safety concerns. Britain’s competition authority announced it would examine the effects of artificial intelligence on consumers,...
A joint statement from Goldman Sachs Group Inc. (GS.N) and the plaintiffs announced a $215 million settlement to end a class-action lawsuit alleging systemic...
On Tuesday, Thailand’s wealthy former Prime Minister Thaksin Shinawatra announced he would return home in July after 17 years in exile, days before his...
According to a Tuesday World Health Organization study, mother and newborn mortality have stopped decreasing since 2015, and over 60 nations are on track...
Grifols (GRLS.MC) announced that its executive chairman, Thomas Glanzmann, will become its new CEO, terminating the founding family’s executive leadership. After Steven F. Mayer...
On Monday, India’s economic affairs secretary stated the Financial Stability and Development Council (FSDC) believes its banking system is shielded from global challenges. After...
On Monday, Volkswagen-owned Czech automaker Skoda Auto reported a 60.8% increase in first-quarter operating profit to 542 million euros ($598 million) and a 33%...
On Monday, KKR & Co Inc (KKR.N) reported a 26% decline in first-quarter distributable earnings due to a steep drop in asset sales from...
According to a Vietnamese government statement quoting BYD Co.’s chair, the business wants to manufacture and assemble electric automobiles in Vietnam. In January, Reuters...
On Monday, Indonesian President Joko Widodo denounced an attack in Myanmar on ASEAN officials providing humanitarian supplies and urged to stop the bloodshed in...
After temporarily suspending Bitcoin withdrawals due to a congestion issue, Binance announced that the service is back up. For almost an hour, Binance had...
According to insiders, Alibaba’s (9988. HK) logistics business plans to list in Hong Kong early next year to raise $2 billion, supporting prospects for...
In a Monday statement, the Reserve Bank of New Zealand proposed gathering financial entity data on cyber events to understand financial sector cyber risks...
Ukraine celebrated the return of 45 Azov battalion members seized during the assault on Mariupol on Saturday, while Russia said Kyiv freed three of...
According to two sources, Singapore state investor Temasek Holdings (TEM.UL) may invest $100 million in Indian jewelers BlueStone for a 20% share. Temasek may...
UBS Group AG (UBSG.S) CEO Sergio Ermotti has nominated Credit Suisse Group AG (CSGN.S) executives most likely to join the management team, the Financial...
Court documents reveal that Russian automaker GAZ (GAZA.MM) has sued Volkswagen (VOWG_p.DE) for 15.6 billion roubles ($200.5 million). On Friday, the Nizhny Novgorod Regional...
Turkey will maintain strong Russia connections regardless of the election outcome. The NATO member who wins Turkey’s elections this month is anticipated to continue...
On Friday, Wagner Group commander Yevgeny Prigozhin abruptly announced that his soldiers would abandon Bakhmut, a Ukrainian city they had been aiming to conquer...
Caixabank (CABK.MC) surpassed first-quarter net profit predictions on Friday, buoyed by higher loan income, which the Spanish bank predicted will climb more than 30%...
Sources say JPMorgan Chase & Co. CEO Jamie Dimon will visit mainland China for the first time in four years this month, the latest...
Holiday Inn owner IHG Plc (IHG.L) announced Friday that its Americas CEO Elie Maalouf would follow Keith Barr as CEO on June 30. Barr,...
Qualcomm’s “sobering report” worsens chip outlook. Qualcomm Inc. (QCOM.O) shares fell almost 8% premarket on Thursday after the chip designer said its critical smartphone...
Russia accused the US on Thursday of a drone strike on Moscow’s Kremlin bastion to murder President Vladimir Putin. The Kremlin blamed the US...
Equinor (EQNR.OL) surpassed first-quarter profit projections on Thursday, powered by energy trading, but earnings were significantly below last year’s record due to a severe...
On Thursday, Britain’s competition authority began reviewing artificial intelligence models, citing competition and consumer protection concerns. “It’s crucial that the potential benefits of this...
As it fights persistent inflation, the European Central Bank will hike interest rates for the eighth time on Thursday. Since July, the euro zone’s...
ISS advised Tesla investors to vote against board chair Robyn Denholm’s re-election on Wednesday, citing worries about a lack of examination of CEO Elon...
The World Bank’s board of governors chose former Mastercard CEO Ajay Banga to a five-year term as president on Wednesday, ushering in an Indian-born...
On Wednesday, U.S. Senate Majority Leader Chuck Schumer said he was “hopeful” that Dianne Feinstein, the chamber’s oldest member, may return next week from...
U.S. chip export regulations scarcely hinder China’s A.I. industry. Last year’s U.S. semiconductor export limits to halt China’s supercomputer development for nuclear weapons and...
Airbnb’s four-part payment option increases pricing transparency. Airbnb Inc. (ABNB.O) predicts a record 300 million guest visits in 2023 and will allow customers to...
On Wednesday, Israel hoped Saudi officials would allow direct flights for its Muslim residents to perform the Haj pilgrimage next month, another step toward...
China supports Myanmar’s sovereignty. On Wednesday, China’s foreign ministry said it supports Myanmar’s development and wants the world to respect its sovereignty and help...
Pfizer Inc. (PFE.N) surpassed analysts’ first-quarter earnings projections on Tuesday, sending its shares up about 3% before the bell. The business anticipates 2023 as...
Stocks slump; Aussie dollar surges following unexpected boost. Global equities sank on Tuesday as caution crept ahead of the Federal Reserve’s policy meeting, although...
On Tuesday, India-based Pepsi bottler Varun Beverages (VARB.NS) reported a 69% quarterly profit growth on price increases and strong demand and announced it would...
As Malaysia completes a review of its 5G rollout that could involve Huawei, the EU and the US have warned of security and investment...
Since Elon Musk took over Twitter, disgruntled users have sought alternatives. Jack Dorsey’s Bluesky, a doppelganger, is the newest challenger. Bluesky, an independent initiative...
Normalizing China-Australia commerce requires more than political fixes. After three years of political conflict, China is lifting restrictions on Australian imports, but restarting trade...
A source told Reuters on Tuesday that Morgan Stanley (MS.N) will reduce 3,000 workers in the second quarter, its second round in six months....
On Tuesday, Qantas Airways Ltd. (QAN.AX) appointed finance head Vanessa Hudson as its first female CEO. Hudson will succeed Alan Joyce, the longest-serving CEO...
NDTV, part of the beleaguered Adani Group, reported a 97.6% drop in quarterly earnings on Monday owing to sluggish advertising demand. Businesses worldwide are...
Managers strive to prevent shutting down Ford Motor Co.’s (F.N) Kentucky Truck Plant’s Super Duty pickup truck production lines, which costs millions. Kentucky Truck...
Trump visited his golf facilities in Scotland and Ireland on Monday. Trump, who has family connections in Lewis, an island off the northern edge...
South Korea’s exports declined for a seventh month in April, the worst losing streak in three years, led by a prolonged drop in sales...
Paetongtarn Shinawatra, Thailand’s leading prime ministerial contender, gave birth to a child on Monday, two weeks before elections in which she aspires to restore...
On Monday, Sony Group Corp.’s (6758.T) annual profit projection was below market expectations, sending its shares down 4.8%. Music and microprocessor units helped the...
The military claimed Ukrainian air defense workers destroyed 15 of 18 Russian missiles launched early Monday morning while air raid sirens blared nationwide for...
COVID-19 lockdowns and regulatory crackdowns cut Didi Global’s 2022 revenue by 19%. In its first annual report since delisting from the U.S. last year,...
Turkey’s Baykar will manufacture a new air warfare drone next year. Baykar’s chairman Selcuk Bayraktar claimed the company’s new uncrewed combat aerial vehicle (UCAV)...
On Friday, South Korean President Yoon Suk Yeol stated that Seoul was considering deadly help to Kyiv to stop Russia’s invasion of Ukraine. Yoon...
Asia will discuss Japan’s market protection proposal. As global banking sector woes and fears of a recession in advanced economies cloud the economic outlook,...
On Friday, a probe into whether BBC chairman Richard Sharp broke laws by neglecting to reveal his participation in securing a loan for then-Prime...
India advises China to maintain border calm for improved relations. The Indian government said India’s defense minister reminded his Chinese counterpart on Thursday that...
Mercedes-Benz (MBGn.DE) raised its vans division’s annual adjusted return on sales prediction to 11-13% from 9-11% on Thursday and said it anticipated meeting the...
Trump pledges to probe prosecutors, calls Biden chaos. On Thursday, Donald Trump claimed that if he wins the 2024 presidential election, he will force...
Due to higher prices, new promotions, and menu items, Domino’s Pizza Inc. (DPZ.N) beat Wall Street expectations for first-quarter U.S. same-store sales on Thursday....
The U.K.’s antitrust authority ruled barring Microsoft’s takeover of ‘Call of Duty’ producer Activision Blizzard was the right move after both businesses complained it...
On Wednesday, Meta Platforms Inc (META.O) CEO Mark Zuckerberg said AI was helping the business increase traffic to Facebook and Instagram and ad revenues,...
India’s NSE, one of two major stock exchanges, altered its equity index accounting for spun-off enterprises to reduce component turnover. Reliance Industries Ltd (RELI.NS)...
On Thursday, Volvo Car Group (VOLCARb.ST) announced a smaller-than-expected drop in first-quarter operating profitability and said worldwide demand remained solid amid adverse macroeconomics. Volvo...
Belarus was put on the U.S. Trade Representative’s intellectual property rights watch list after new legislation allowed the unlawful use of copyrighted works from...
Vonovia (VNAn.DE), Germany’s largest real estate business, announced Thursday that Apollo would buy a minority position in its Suedewo residential portfolio for 1 billion...
GSK (GSK.L) surpassed first-quarter revenue and profit projections on Wednesday thanks to sales of its blockbuster shingles vaccination Shingrix. On revenue of nearly 7...
Due to significant revenue growth from other medications, Roche (ROG.S)’s first-quarter revenues fell 7% on decreased demand for COVID-19 treatments and diagnostics kits, less...
LG Display (034220. KS), a South Korean display panel producer, reported its fourth consecutive quarterly loss, missing projections, as worldwide demand for PCs and...
On Tuesday, senior authorities stated Ukraine is collaborating with the FBI and American corporations to obtain geolocation and cellular data from Russian war criminals....
The defense ministry announced Wednesday that Taiwan’s annual Han Kuang military training would focus on siege resistance and troop survival. For three years, China...
On Tuesday, McDonald’s Corp. (MCD.N) reported 12.6% worldwide comparable sales growth in the first quarter, above Wall Street projections. McDonald’s shares increased 1% in...
On Tuesday, a Putin loyalist predicted a new world war and a nuclear conflict. “The world is sick and quite probably on the verge...
In its regular biannual economic report for the Western Balkans on Tuesday, the World Bank said the economies of the six nations are resilient...
After a breast cancer medication trial success and the development of a prostate cancer radiation medicine, Novartis (NOVN.S) boosted its full-year profits estimate, citing...
On Tuesday, Nestle (NESN.S), the world’s largest packaged food business, announced slightly better-than-expected first-quarter revenues. The Swiss business, which manufactures Maggi stock cubes, Kit...
New legal rights for Britain to fight Big Tech. On Tuesday, Britain announced a new rule to limit huge internet giants like Google (GOOGL.O),...
Fox News Media and its top-rated anchor Tucker Carlson have parted ways less than a week after parent firm Fox Corp (FOXA.O) resolved a...
Guatemala’s president supports the ‘Republic of Taiwan.’ Guatemalan President Alejandro Giammattei declared his unequivocal support for the “Republic of Taiwan” on Tuesday during a...
This week, U.S. authorities will try a former employee of OpenSea, the world’s largest NFT platform, for insider trading. Last year, the Manhattan U.S....
Standard Chartered (STAN.L) stated on Monday that the “crypto winter” is ended and that Bitcoin may reach $100,000 by 2024. In a note, Standard...
The Swiss foreign ministry tweeted that it closed its Khartoum embassy and evacuated workers and their families due to security concerns. “Our staff and...
UBS confirmed Monday that Christian Bluhm would remain chief risk officer for the “foreseeable future” as it tightens controls after the Credit Suisse takeover....
Josep Borrell, the EU’s top diplomat, said on Monday that despite the recent evacuation of diplomatic staff and other EU residents from Sudan, the...
Before a Monday EU session, Czech and Lithuanian foreign ministers denounced China’s ambassador to France’s comments questioning Ukraine’s sovereignty. “It is totally unacceptable,” Czech...
On Monday, India’s Adani Ports and Special Economic Zone (APSE.NS), a group company of the troubled Adani Group, announced a repurchase program to prepay...
The dollar started the last trading week of the month on a firmer footing as traders awaited a spate of central bank policy meetings...
Despite first-half volatility, the central bank governor stated Monday that Thailand’s economy would rise 3.6% this year. Bank of Thailand (BOT) Governor Sethaput Suthiwartnarueput...
On a Sunday, the Financial Times reported that the U.S. ordered South Korea to advise its chipmakers not to fill any market gap in...
In a briefing on Saturday, Russia’s Defence Ministry said assault soldiers were fighting in western Bakhmut, Kyiv’s last holdout. For months, Ukrainian and Russian...
The business informed Reuters that Ukraine would use Palantir Technologies Inc (PLTR.N) software to pursue Russia’s alleged war crimes. Palantir, which has helped Ukraine...
According to RIA Novosti, Russian Foreign Ministry spokesperson Maria Zakharova said Moscow expelled about 20 German diplomats on Saturday. A German Foreign Ministry official...
According to a document, Paramount Global (PARA.O) settled a 2019 Viacom Inc.-CBS Corp. merger issue. According to a Friday SEC filing, the Tuesday settlement...
According to Bloomberg News, Bed Bath & Beyond Inc. (BBBY.O) may sell assets and intellectual property to file for bankruptcy this weekend. According to...
After an independent investigation into allegations of bullying, British Deputy Prime Minister Dominic Raab resigned from the cabinet on Friday. The loss of the...
Royal Mail’s main union accepted a salary and employment terms agreement with the UK postal services firm last Friday and will vote on it...
On Friday, the Canadian government announced C$39 million ($28.9 million) in military aid for Ukraine, including 40 sniper weapons, 16 radio sets, and a...
On Friday, Kyodo reported that Japanese government sources were discussing a near-total ban on exports to Russia by the Group of Seven (G7). Bloomberg...
On Friday, China’s Foreign Minister Qin Gang stated both sides of the Taiwan Strait belong to China and that China should maintain its sovereignty....
Gold prices fell on Friday as the dollar strengthened and dismal U.S. economic data bolstered predictions that the Fed will stop tightening after one...
North Korea criticizes the G7 denuclearization call. KCNA said Friday that North Korea would continue to expand its military until military threats from the...
SpaceX planned to launch its next-generation Starship spacecraft on its powerful Super Heavy rocket from the Gulf Coast of Texas on Thursday in a...
On Thursday, Britain’s Competition and Markets Authority claimed Cochlear’s acquisition of Demant’s hearing implants business could hinder competition and raise NHS pricing. In a...
Due to the “scarring effect” of COVID-19, Chinese consumer demand requires time to recover, but there is no long-term deflation, a PBOC official stated...
Tesla Inc (TSLA.O) CEO Elon Musk said the electric vehicle (EV) maker would prioritize sales growth over profit in a sluggish economy. As it...
On Thursday, NATO Secretary-General Jens Stoltenberg visited Kyiv for the first time since Russia’s full-scale invasion to back Ukraine’s counteroffensive. A Reuters photographer reported...
According to Pakistan’s Foreign Office, Minister Bilawal Bhutto Zardari will lead the delegation to the SCO foreign ministers conference in Goa on May 4...
Late Wednesday, Hungary’s agriculture minister proposed EUDeutsche Bank will reduce staff and board. restrictions on Ukrainian eggs, poultry, and honey. On Wednesday, the European...
On Thursday, U.S. Trade Representative Katherine Tai said Indo-Pacific Economic Framework (IPEF) trade negotiations are going “at a very quick pace,” She expects outcomes...
On Thursday, Swiss elevator and escalator manufacturer Schindler (SCHP.S) announced a 47% increase in first-quarter profit, driven by robust residential demand despite a tough...
On Thursday, Chinese online users accused German automaker BMW (BMWG.DE) of discrimination at the Shanghai auto show after workers at its Mini stand gave...
On Wednesday, German Foreign Minister Annalena Baerbock called her recent trip to China “more than shocking” and claimed Beijing was becoming a systemic rival...
On Wednesday, 42 German organizations and trade unions representing over 140,000 authors and artists pushed the EU to strengthen draft artificial intelligence legislation to...
JSW Steel (JSTL.NS) will sell specialized steel products to Russia this year; a senior company official told Reuters on Wednesday. “We plan to sell...
On Wednesday, the U.K. government’s cyber defense agency warned of a growing threat to Western essential national infrastructure from hackers sympathetic to Russia’s war...
UK inflation drives London market declines. On Wednesday, consumer prices fell less than expected, ending an eight-day surge in Britain’s FTSE 100 and betting for...
On Tuesday, British American Tobacco (BATS.L) and Amazon (AMZN.O) were accused of fraudulent advertising for the Glo Hyper X2 tobacco warmer by the Italian...
On Monday, a trade group head and sources told Bloomberg News that Taiwan would buy 400 U.S. land-launched Harpoon missiles to counter China’s growing...
SpaceX’s highly anticipated first launch of its newly integrated Starship cruise vessel and Super Heavy rocket was canceled in the closing minutes of the...
China’s auto market, the world’s largest, is moving toward electric vehicles, leaving global names behind. Auto executives will return to a very different market...
Chegg Inc. (CHGG.N) is bringing ChatGPT, the prohibited homework-drafting chatbot, to more pupils. Last week, CEO Dan Rosensweig told Reuters that the U.S. educational...
Prime Minister Rishi Sunak was probed this month, according to the British parliament’s Commissioner for Standards website’s Monday list of open inquiries. The list...
On Monday, Porsche AG (P911_p.DE) reported record first-quarter sales of 18%, driven by China sales. The German luxury carmaker supplied 21,365 automobiles in China,...
The European Commission has extended for five years rules allowing the auto sector to make agreements with distributors, spare part shops, and repair garages,...
After Poland and Hungary banned some Ukrainian imports, Ukraine’s agricultural minister indicated that “a first step” at negotiations in Warsaw on Monday would be...
On Monday, Myanmar’s military administration freed 3,113 detainees, including 98 foreigners, to celebrate New Year. Since 2021, the military-led government has imprisoned thousands of...
The USS Milius sailed through the Taiwan Strait on Sunday in a “routine” transit, days after China finished its latest war games surrounding the...
The state-owned airline reported Saturday’s fights at Khartoum airport hit a Saudi Arabian airliner. It transported its passengers, personnel, and staff from the airport...
Germany ends a nuclear era; activist says more to do. The 1986 Chornobyl tragedy showed 24-year-old nuclear physics researcher Heinz Smital how far radioactive pollution...
William Lai, the DPP presidential candidate, warned on Saturday that war over Taiwan would cause a “global catastrophe” that China would find hard to...
SpaceX received a long-awaited authorization from the U.S. Federal Aviation Administration on Friday to launch its Starship rocket into orbit for the first time....
In a joint declaration, the U.S., Japan, and South Korea proposed regularizing missile defense and anti-submarine drills to address North Korea’s nuclear and missile...
On Friday, the U.S. Treasury Department sanctioned two Chinese enterprises for exporting precursor chemicals to Mexican drug gangs to make fentanyl for the U.S....
A key counselor to President Volodymyr Zelenskiy told Reuters that Ukrainian forces are finding more Chinese components in Russian equipment due to sanctions. “The...
On Friday, BlackRock Inc. (BLK.N) posted a quarterly profit that topped analysts’ projections as investors continued pouring money into its funds, cushioning the fee...
The West’s energy watchdog said Friday that European Union and G7 limitations on Russian oil exports caused Asian refiners to buy cheaper Russian crude,...
Boeing is determining how many planes Spirit alerted on Wednesday. 2019 may return. Boeing declined to say if the issue may delay 737 manufacturing...
On Friday, British recruitment giant Hays Plc (HAYS.L) reported good client and candidate activity in its temporary and contracting business as corporates negotiated economic...
Bodhi Tree, a joint venture between James Murdoch and a former Star India executive, would invest 43.06 billion rupees ($527.84 million) in Reliance’s (RELI.NS)...
Singapore’s central bank left its monetary policy steady on Friday, surprising analysts who expected further tightening. Singapore’s first-quarter economic growth was disappointing. Since April...
State media said North Korea launched the Hwasong-18, a solid-fuel ICBM, on Friday to “radically promote” its nuclear retaliation capabilities. Kim Jong Un led...
On Wednesday, Nvidia Corp (NVDA.O) announced that one of its mid-range gaming processors would include additional artificial intelligence features to boost visuals, highlighting the...
Brett Stevens: Leading Fohse with Creativity and Innovation Discover the story behind Brett Stevens and his company Fohse, a leader in energy-efficient lighting solutions....
Despite decreasing sales, Nvidia Corp (NVDA.O) said on Wednesday that one of its mid-range gaming chips would contain artificial intelligence technologies to improve images....
Ukraine’s state-owned gas firm Naftogaz announced on Thursday that Moscow had been ordered by an arbitration court in The Hague to pay $5 billion...
From Nurse to Entrepreneur: Sheldon Arora’s Journey with StaffDNA StaffDNA provides healthcare staffing solutions and job search resources. Find your next career opportunity in...
Despite a grim global economic outlook, Chinese customs statistics revealed Thursday that exports to Russia more than quadrupled in March, and imports rose by...
On Thursday, the CEO of Britain’s largest retailer Tesco (TSCO.L) said shoppers would continue to prioritize value in 2023 as they fight inflation. “The...
Swiss fragrance and flavor manufacturer Givaudan (GIVN.S) reported quarterly like-for-like sales above projections on Thursday, with price hikes offsetting lower North American sales volumes....
On Wednesday, the World Bank’s steering committee and U.S. Treasury Secretary Janet Yellen urged for more reforms this year to help the bank respond...
Germany’s foreign minister visits China on Thursday to reaffirm a united European Union strategy toward Beijing days after French President Emmanuel Macron hinted at...
Prince Harry will attend his father, King Charles’ Coronation next month without Meghan, the pair announced on Wednesday, ending months of uncertainty. Foreign dignitaries...
LVMH (LVMH.PA), the world’s largest luxury firm, reported a 17% gain in first-quarter sales, more than twice analysts’ projections, as China returned from COVID-19...
German Finance Minister Christian Lindner said Wednesday’s G7 summit would focus on multinational supply chains. Wednesday’s World Bank and IMF Spring meetings in Washington...
Going Green with Fintech: Solutions for Environmental Conservation Discover how fintech solutions can help the environment! Learn more about the environmental conservation benefits of...
A Reuters witness said Iran’s embassy in Saudi Arabia reopened on Wednesday for the first time in seven years under a pact to calm...