Technology
Anthropic stated on Thursday that the advantages of California’s updated measure, which aims to control the development and deployment of artificial intelligence within the...
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- Business
iCapital is Opening the Gates to Exclusive Investments for the Everyday Investor
Following Insurance: Redefining Small Business Protection Through Innovation and Inclusion
The future of JD.com is uncertain in light of Walmart’s departure.
UK tech tycoon is among six missing after yacht sinks
Taco Bell drive-thrus are undergoing a radical transformation.
- Entrepreneurship
Mastering Influencer Collaboration: 5 Keys for a Successful Marketing Program
COP28: UAE signs deal with Bill Gates’ nuclear company on advanced reactors
SpaceX’s Martian Dream: Inside Elon Musk’s Mars Colonization Strategy
Nippon Life to buy Nichii Holdings for about $1.41 bln – Nikkei
US retailers hope to draw picky Black Friday shoppers to stores
- Technology
Unlocking the Future of Fintech: Inside Stripe’s $50 Billion Empire
“The benefits of the California AI bill likely outweigh the costs,” according to Anthropic.
Turning off the computer increases output – Number 10
The FBI advises against using public phone chargers.
new ‘advanced voice mode’ makes ChatGPT chattier.
- Economy
Mastering Forex Trading: A Beginner’s Manual
Traders’ focus shifts to Yen strengthens following remarks by Ueda
After the release of an abducted official, the Libyan central bank reopened.
X pulls out of Brazil’s market due to censorship controversy
The ‘totally false’ assertions that Elon Musk made on her upbringing are criticized by her estranged daughter.
- Cryptocurrencies
New York recovers $50 million from fraudulent Gemini Earn cryptocurrency investors.
Hong Kong Poised to Greenlight First Bitcoin ETFs in April, Insider Sources Reveal
Ripple to buy back $285 million of its shares, valuing company at $11 bln – sources
Could-be spot bitcoin ETF issuers start fee fight before approval deadline
S.Korea regulator to take innovation more into account on crypto regulations
- Lifestyle
Fans react after Usher’s 2024 BET Awards speech is muffled.
Alcaraz makes early entry into all-court elite with French Open victory.
Meghan’s Lifestyle Brand Takes Off with Its Premier Product
Female Power: Songwriter Conquers Male Competition in Video Gaming
Ukrainian Amputee’s Survival: The Inspirational Role of His Wife’s Voice
- People
UK’s King Charles urges compassion and care for the environment in times of conflict
In Christmas Day message, pope decries Gaza’s ‘appalling harvest’ of civilian deaths
An ex-FBI official is to be sentenced in the US over work for Russia’s Deripaska
A Ukrainian teen returns to Ukraine after being taken to Russia from occupied Mariupol
Gaza activists on a speaking tour in France were detained, awaiting deportation
All posts tagged "economy"
Economy
Friday saw dollar weakness as investors braced for Jackson Hole address by Federal Reserve Chair Jerome Powell, while the yen topped other currencies in...
Politics
Joe Biden had other plans for his address. Under the current conditions, at least not this year. Tragedies and hardships have left their...
Economy
After a bank official was freed from captivity, activities at Libya’s central bank (CBL) were restored. Musaab Muslamm, chief of the bank’s information technology...
Technology
Downing Street has stated that the ability to turn off electronic devices when not in use is crucial to productivity and has the...
Business
Six individuals, including British IT entrepreneur Mike Lynch and his 18-year-old daughter, went missing when the luxury yacht Bayesian went down early Monday morning...
Economy
The social networking site claimed that Alexandre de Moraes, a judge on Brazil’s highest court, had threatened to imprison its Brazilian legal counsel unless...
Business
By the year’s end, Taco Bell plans to have implemented AI ordering at hundreds of US sites, following two years of testing in a...
Economy
Elon Musk’s daughter, Vivian Jenna Wilson, has spoken out against her father’s recent transphobic comments. Wilson is the daughter of Elon Musk and X,...
Politics
Athletes competing in the Olympics may not be the easiest romantic targets this year: In an effort to shield athletes from potential hostility or...
Economy
Matthias Heck, Moody’s industry analyst, estimates that electric vehicles would have attained that market share after 2035 without these rules. He said the EPA’s...
Business
In a court filing late Friday, the Justice Department warned that letting TikTok’s parent corporation run it might allow the Chinese government to surreptitiously...
Business
The universal childhood experience of writing a fan letter to an idol? Mickey Mouse, please save my 1999 Disneyland note. New Google ads claim...
Economy
Home Depot says people are less likely to spend money on home improvements because they are unhappy with the economy. The big store for...
Economy
There was a candlelight protest at the Gandhi Hospital in Hyderabad on August 12, 2024, against the rape and murder of a young doctor...
Economy
As a venture capitalist, JD Vance often talked about the rules he followed when investing in a business: the company should not only make...
Politics
In 2023, Trump shared a picture of himself being booked into a Georgia jail. That was the last time he wrote on the site....
Politics
In recent years, some Black voters have left Democrats. Will Kamala Harris convince them to vote Democratic again? Kamala Harris replaced Joe Biden...
Politics
ABC announced a September 10 discussion between Republican presidential nominee Donald Trump and Democratic challenger Kamala Harris. Trump requested further debates on September 4...
Politics
In the states of Michigan, Pennsylvania, and Wisconsin, a poll indicates that Democratic nominee Kamala Harris has an advantage over her Republican opponent. Kamala...
Politics
Donald Trump, a candidate for the presidency of the United States, has implied that Iran had hacked his campaign. Late on Saturday night, the...
Business
As production of the Ram 1500 Classic vehicle comes to a close, Stellantis the parent company of Chrysler, is ending production and potentially laying...
Business
Retail investors were buyers during the recent rollercoaster in U.S. stock markets, taking advantage of a sharp decline in popular tech shares, according to...
Business
Thyssenkrupp said on Saturday that its steel business needs to be reorganized so that it can use its own earnings to pay for investments....
Business
U.S. short-seller Hindenburg Research claimed that India’s market regulator head, Madhabi Puri Buch, invested in Adani Group-used offshore funds. Buch rejected the report’s charges...
Business
Cisco According to those in the know, the American networking equipment manufacturer will lay off thousands of workers again this year as it prioritizes...
Business
According to research, retail investors bought prominent tech shares during the recent U.S. stock market rollercoaster, taking advantage of a severe collapse. They also...
Business
Lufthansa’s Disco Lufthansa’s leisure subsidiary, Discover Airlines, has agreed to raise pay for workers in the cockpit and the cabin. This is the first...
Business
Industry data suggests that Chinese airlines are gaining market share on international routes due to weak Chinese travel demand, increased costs, and longer flight...
Economy
As retailers prepare for a possible port worker strike and Red Sea attacks ahead of a curtailed holiday shopping season, they are stoking a...
Business
Indian baby items store FirstCry raised $501 million after a slow start. The IPO raised $3.36 billion on Thursday as investors bet on infant...
Economy
The Steel Authority of India (SAIL) reported a drop in its first-quarter profit on Thursday. This was due to weak domestic demand, as prices...
Economy
A severe U.S. employment market slowdown that sparked days of global stock-market turbulence also raised speculation that the Federal Reserve may lower rates before...
Politics
Democrats and Republicans fight over issues in presidential elections. They also downplay common ground. Priorities shift; parties waiting for a decisive election wish to...
Business
In premarket trading on Wednesday, shares of Airbnb fell about 16%. The online travel company had already predicted lower revenue for the third quarter,...
Business
The New York Time easily surpassed predictions for digital subscriber growth in the second quarter, thanks to its policy of bundling services and strong...
Business
Walt Disney reported on Wednesday quarterly earnings that exceeded Wall Street expectations, buoyed by the success of animated Pixar film “Inside Out 2”, which...
Business
According to a statement made on Wednesday by the U.S. auto safety commission, 77,131 Nissan vehicles are currently under preliminary review due to reports...
Business
The interest rate on the most popular U.S. house loan fell to its lowest level in 15 months last week as the Federal Reserve...
Business
After industry worries that some biodiesel producers may be using false feedstocks to obtain lucrative government subsidies, the U.S. Environmental Protection Agency has investigated...
Business
World markets have rallied strongly from days of instability, thanks in part to Bank of Japan practically apologizing on Wednesday for its involvement...
Business
By predicting greater transaction and advertising fees as well as more orders on its online grocery delivery platform, Instacart wagered on Tuesday that its...
Business
Asian market outlook. Asian investors hope the Tuesday recovery in global sentiment and risk assets continues into Wednesday, but the dollar and U.S. government...
Business
Itau Unibanco is the biggest private lender in Latin America. On Tuesday, it reported a 15.2% increase in second-quarter profits compared to the same...
Business
To fortify the electrical system against the increasing dangers posed by severe weather, the Biden administration said on Tuesday that it will be investing...
Business
Uber’s second-quarter results topped Wall Street expectations due to solid demand for its ride-sharing and food-delivery services, driving its shares up 5% on Tuesday....
Business
Lucid Group stated Monday that its largest stakeholder, Saudi Arabia’s Public Investment Fund, will invest up to $1.5 billion in new SUV production. Shares...
Politics
Democratic presidential contender Kamala Harris chose Minnesota Governor Tim Walz as her running mate on Tuesday, choosing a progressive policy advocate and a simple...
Business
Analysts believe a recent crash in foreign equity markets is more due to investors winding down carry trades than a shift in the U.S....
Business
New York Google now joins Microsoft.By the same legal standard, Alphabet’s online search As with the software developer in 2001, colossus is a monopolist....
Business
SunPower, a solar company, said it had filed for Chapter 11 bankruptcy in the US and decided to sell $45 million worth of business...
Business
The U.S. Public Transportation Security Board will address key observers from Boeing Soul Aero Systems and the Government Flying Organization on the mid-air lodge...
Politics
Ukrainian troops describe Russian tactics they see everyday with a brutal word. They call them “meat assaults”—waves of Russian troops attacking their defensive...
Politics
US President Joe Biden calmed top Democrats and campaign workers after rumors claimed he was considering his departure following last week’s dismal debate with...
Economy
Family members prayed and honored Patricia Portillo and Brayan Godoy. On Saturday, people gathered outside a closed Las Colinas Chick-fil-A to memorialize two employees...
Business
On Friday, Renault-backed premium EV company BeyonCa and Dongfeng Motor announced plans to build Hong Kong’s first vehicle brand’s final assembly factory and worldwide...
Politics
After Biden failed to fend off Trump’s accusations and bogus allegations, his aides rushed to control the repercussions. Trump Media & Technology Group which...
Technology
A corporate spokesman told a parliamentary committee on Friday that Facebook owner Meta may restrict Australian news material if the government requires licensing payments....
Economy
President Luiz Inacio Lula da Silva signed a decree on Wednesday setting a continuous inflation objective beginning in 2025 with quarterly central bank accountability....
Business
Despite pressure from food inflation, Brazilian consumer prices climbed less than predicted in the month to mid-June, according to data released on Wednesday...
Economy
Beijing, China’s capital, announced moves on Wednesday to decrease the cost of house ownership, including lowering mortgage interest rates and the minimum down payment...
Business
Russian court ordered Italian bank UniCredit to pay 448.2 million euros ($479.44 million) in a case over an unsuccessful gas project filed by St...
Economy
Beginning Friday, JPMorgan’s widely followed developing market debt index will include India’s government bonds. The September shift allowed billions of dollars to enter the...
Business
Three sources claimed banks advising Hyundai on its India IPO may gain $40 million in fees, a windfall in a sector where banks struggle...
Politics
On Wednesday, Italian Prime Minister Giorgia Meloni said that the government will strive to remedy the European Union ban on the sale of new...
Business
A liquidation action against Chinese property developer Shimao Group has been rescheduled until July 31 as the business has again extended a deadline...
Business
Reliance Industries and private banks led Indian benchmarks to new closing highs for the second straight session on Wednesday as investors sought better values...
Economy
Some experts fear a rare unexpected adjustment to Japan’s first-quarter GDP may sharply reduce the central bank’s growth expectations and the timing of its...
Economy
Forecasts for an inventory decrease during the third quarter peak summer demand season and geopolitical uncertainties from the Middle East war kept Brent oil...
Business
European stock markets fell on Wednesday ahead of a French election and a major U.S. inflation figure, as the yen fell to its lowest...
Business
Wall Street’s major indexes began lower on Wednesday as semiconductor and megacap companies gave up early gains, with investors anticipating a key inflation data...
Economy
On Wednesday, the yen fell to its lowest level versus the dollar since 1986, leaving currency markets on edge for any hints of Japanese...
Business
Boaz Weinstein, a prominent investment manager, said Tuesday that although uncertainty over the November presidential election in the United States may cause market volatility,...
Economy
According to two sources, RTX Corp subsidiary Collins Aerospace is in talks with NASA to cancel its contract to build new spacesuits for International...
Economy
Equipment Leasing and fund Association (ELFA) said on Tuesday that U.S. corporations borrowed 11% more to fund equipment investments in May than a year...
Business
On Tuesday, KKR strategically acquired 18 multifamily real estate properties from Quarterra Multifamily’s closed-end fund for a significant $2.1 billion. It has 5,200 units...
Business
The Dow fell as retailers dragged and investors waited for critical inflation data this week, while the Nasdaq rose 1.3% on Tuesday, led by...
Business
On Tuesday, Nvidia shares rose nearly 7% after a three-session downturn that destroyed $430 billion from the artificial intelligence chipmaker’s market worth. Nvidia’s shares...
Technology
LG Electronics of South Korea has teamed up with ChargePoint to deploy more electric vehicle charging stations in the United States, the firms announced...
Business
Henrik Fisker attempted to emulate Elon Musk’s charisma but failed. Like other electric vehicle companies, we have faced various market and macroeconomic headwinds that...
Business
The Model Y’s 12-volt battery, which powers doors and windows, failed. A 20-month-old toddler was rescued after becoming stuck in a Tesla Model Y...
Technology
The e-commerce company claims to have already replaced 95 percent of plastic air packing with totally recyclable paper filler. Amazon is on pace to...
Technology
The USB power bank-powered laptop dish contains the Wi-Fi router. The new DC-powered Starlink Mini, the size of a thick laptop, combines the Wi-Fi...
Economy
According to a draft guideline, US investors cannot support AI systems in China that may be used for military purposes, including weapons targeting. The...
Politics
Donald Trump, a Republican running for president, said Thursday that U.S. college graduates should “automatically” earn green cards so they can remain in the...
Economy
Haiti’s Prime Minister Garry Conille said Thursday that the decision to replace the national police director was driven by the need to give security...
Business
President Joe Biden’s administration on Thursday prohibited Russia-based cybersecurity company Kaspersky from selling its popular antivirus software in the United States due to...
Economy
The European Commission has issued a reprimand to France, along with Belgium, Italy, Hungary, Malta, Slovakia, and Poland, for exceeding their budget deficits. According...
Business
A Chinese “underground banking” network is suspected by the US of aiding Mexico’s Sinaloa narcotics cartel in money laundering and other crimes. The DoJ...
Business
Family members of two Boeing 737 Max plane crash victims demand prosecution and $24.8bn for “the deadliest corporate crime in US history.” For the...
Business
Chinese automakers allegedly demanded 25% import taxes on EU rivals’ automobiles if tariffs are imposed on Chinese vehicles during a closed-door meeting. European carmakers...
Politics
Republican Wednesday, Louisiana Governor Jeff Landry signed the bill. Louisiana is the first state to mandate Ten Commandments posters in public schools through universities....
Politics
Officials in Tamil Nadu reported 34 deaths from poisonous bootleg alcohol. Several Kallakuruchi locals were ill after drinking alcohol on Tuesday night. At least...
Economy
Scientists estimate that human-induced climate change increased the high heat in the southwest US, Mexico, and Central America by 35 times. The World Weather...
Technology
Microsoft hired Inflection’s co-founders and other employees to manage its Copilot program in March, and Inflection claimed that its AI model will...
Business
They book an Uber on the app like other passengers and get in the rear. The tone changes midway through the ride and they...
Business
Thursday’s US District Court for the Northern District of Texas judgment sets the timetable for a high-profile battle over Media Matters’ study on social...
Business
Lynch was acquitted on all 15 charges—one conspiracy and 14 wire fraud—according to Lynch and US prosecutors. The Lynch representation stated that former Autonomy...
Technology
Microsoft hired Inflection’s co-founders and other workers to handle its Copilot initiative in March, and Inflection stated its AI model will be hosted on...
Technology
The startup behind You.com is receiving $50 million in new funding, according to a source familiar with the matter, as it looks to establish...
Economy
Schibsted a Norwegian online classifieds organization, will lose approximately 250 jobs in the Nordic region as part of a restructuring plan to decrease costs...
Economy
On Monday, the U.S. government sued Adobe for hiding high termination fees in its most popular membership plan and making cancellations difficult. The Federal...
Politics
NATO partners have announced the first recipients of their one billion euro ($1.1 billion) innovation fund. The alliance announced the fund in summer 2022,...
Technology
Xbox’s marketing chief is departing to join Roblox as their chief marketing officer as part of a larger marketing shakeup at Microsoft. According to...
Economy
In response to electric vehicle export limits, China has launched an anti-dumping investigation against EU pork and byproducts, targeting Spain, the Netherlands, and Denmark....
Economy
If his economic projection holds, Philadelphia Fed President Patrick Harker indicated Monday that the Fed could drop its benchmark interest rate once this year....
Economy
Lennar Corp beat Wall Street forecasts second-quarter profit on Monday, helped by strong demand for new homes as the U.S. homebuilder slashed base pricing...
Economy
In May, energy prices declined, lowering U.S. import prices for the first time in five months and boosting domestic inflation. Friday’s unexpectedly benign Labor...
Technology
The company’s board president said Friday that Tesla will utilize Thursday’s strong backing for Elon Musk’s $56 billion compensation deal to persuade a Delaware...
Economy
On Sunday, Minneapolis Federal Reserve President Neel Kashkari said it’s a “reasonable prediction” that the bank will drop rates once this year, in...
Economy
Six months ago, the world’s leading central banks prepared for a global reduction in interest rates that would cut borrowing costs and increase lending...
Economy
May industrial output in China missed expectations, and a property sector contraction showed little signs of improving despite policy support, putting pressure on Beijing...
Finance
On Friday, cooling economic data, a hawkish Federal Reserve, and European political crises drove U.S. markets down, gold up, and European stocks down their...
Technology
Meta Platforms has decided to temporarily halt its Meta AI models in Europe after the recommendation of the Irish Privacy Commission to delay the...
Politics
Stocks now reflect the American ideal. The huge disparity between the ultra-rich and everyone else shows it. GE Aerospace CEO Larry Culp and buyout...
Technology
On Friday, three sources said Apple and Meta Platforms will likely face prosecution for violating historic EU laws meant to limit their dominance before...
Politics
Federal Reserve officials say inflation has dropped closer to their objective in recent months but anticipate cutting their benchmark interest rate once this year....
Business
The bloc ignores its main electric car manufacturers and prepared to impose further levies on Chinese imports, claiming “economic injury”. The EU will impose...
Uncategorized
Tesla shareholders have accepted Elon Musk’s multibillion-dollar compensation package. The deal is now valued at $44 billion (£34 billion). The package was once worth...
Business
The 50-year U.S.-Saudi petrodollar deal expired recently. Global crude oil transactions employ the U.S. dollar, known as the “petrodollar”. After the U.S. left the...
Finance
The S&P 500 and Nasdaq set record closing highs for a fourth straight day on Thursday as technology shares maintained their climb. Last week,...
Economy
On a Thursday visit to Capitol Hill, Donald Trump blasted U.S. funding for Ukraine, urged Republicans to cut gratuity taxes, and promoted tariffs. He...
Economy
The Canadian currency fell against the U.S. dollar on Thursday as the greenback rose versus a basket of major currencies and the Bank of...
Business
Tesla shareholders approved Elon Musk’s $56 billion remuneration proposal, a vote of confidence in his leadership and an incentive to focus on the electric...
Economy
The European Commission has asked internet platforms Pornhub, Xvideos, and Stripchat what steps they take to protect minors and prevent the spread of unlawful...
Technology
Amazon announced that it is investing $230 million in the form of Amazon Web Service (AWS) credits in artificial intelligence firms, the latest example...
Business
British money transfer company Wise forecast a weaker than expected outlook for profits on Thursday, sending its shares down more than 20%. The company...
Politics
On Thursday, Republican presidential contender Donald Trump and critical aides to Democratic President Joe Biden will spell out their starkly different economic perspectives in...
Politics
Republicans hope former President Donald Trump’s trip on Thursday will bring unity to their split caucuses in the Senate and House of Representatives as...
Politics
In mid-May, a group of Hispanic day laborers were given $20 each to parade in front of the White House with banners reading “I...
Politics
According to a new survey, Republican presidential candidate Donald Trump led Joe Biden by two points this week after considering their sons’ criminal convictions....
Business
The US Senate Finance Committee chairman has broadened BMW’s probe after the automaker imported automobiles using banned Chinese parts. Sen. Ron Wyden wrote to...
Economy
This month’s figures continue to show signs that the labor market may be cooling, with the number of vacancies still falling and unemployment rising....
Politics
After his party lost a European Parliament vote to the far right, President Emmanuel Macron’s surprise emergency election on Monday shook French markets and...
Technology
The White House, Microsoft and Google announced Monday that rural hospitals in the US will receive free or cheap cybersecurity services to protect them...
Business
Saudi Aramco shares rose on Sunday, the first trading day following a secondary share offering estimated to garner at least $11.2 billion. The shares...
Politics
Donald Trump, the Republican presidential nominee, will hold an open-air event in sweltering Las Vegas on Sunday to boost his support in Nevada, a...
Technology
During a San Francisco event on Thursday, Republican presidential candidate Donald Trump positioned himself as a cryptocurrency champion while slamming Democrats’ attempts to regulate...
Technology
The Turkish Competition Board announced on Thursday that it is investigating Apple’s contracts with app developers and the App Store’s refusal to allow alternative...
Technology
Cisco announced on Tuesday a $1 billion fund to invest in artificial intelligence startups, following a long line of large technology corporations seeking to...
Technology
Google’s top privacy officer will depart the firm in the fall after 13 years, according to a representative for the Alphabet-owned corporation on Tuesday....
Economy
Nigeria’s largest labor unions began an indefinite strike on Monday, shutting down the national grid and disrupting flights across the country, over the government’s...
Business
Norwegian Air and its pilots have reached an agreement on a new collective agreement, averting a strike that might have grounded numerous flights, the...
Business
Toyota and Mazda suspended delivery of certain cars on Monday after Japan’s transport ministry found irregularities in model certification applications. The government found anomalies...
Technology
Ericsson, a Swedish company, announced on Monday that a four-year initiative to oversee the company’s adherence to a U.S. anti-corruption agreement had concluded on...
Technology
During the premarket trading session on Monday, shares of Gamestop increased by more than 90 percent. This was in response to a post on...
Finance
Gary Gensler, the chair of the United States Securities and Exchange Commission, said on Friday that the redesign of the settlement cycle for U.S....
Economy
Price cuts by big U.S. retailers, as well as new statistics showing a slowing in consumer spending, may bolster the Federal Reserve’s confidence in...
Finance
New Securities and Exchange Commission rules in February 2023 will half the settlement period for U.S. equities, corporate, municipal bonds, and other securities to...
Finance
Three prominent British parliamentary committee chairs have questioned Shein’s suitability for a London stock market listing. Shein is preparing for a London IPO after...
Business
Companies should not sue shareholders over proposals, according to a group of over 40 major institutional investors from the US and Europe who issued...
Business
Easing Inflation in the US Spurs Debate: In recent months, there have been palpable concerns surrounding the pace of price increases in the United...
Business
Navigating the Resilience of UK Wage Growth : An intriguing economic contrast has been observed in the UK in recent quarters: a strong...
Business
UN Spokesperson Refrains from Responding to Biden: A UN spokesman, Farhan Haq, chose not to directly address US President Joe Biden’s remarks about India’s...
Business
India’s Economy Surpasses Predictions, Records Impressive 8.4% India has once again secured its position as the fastest-growing major economy globally, reporting an impressive expansion...
Economy
Israel’s Economy Contracts More Than Anticipated Official figures reveal that Israel’s economy contracted more than anticipated in the aftermath of the conflict with Hamas...
Politics
Finland blocks three Russian property acquisitions. On Wednesday, the Finnish Ministry of Defense announced that it had halted three real estate transactions, one of...
Politics
On Wednesday, the United States and its allies condemned North Korean missile strikes against Ukraine. Washington called the action disgusting, while Seoul branded Ukraine...
Economy
Japan’s Tohoku Electric will delay the nuclear reactor restart on construction works. Due to further safety building work, Japan’s Tohoku Electric Power (9506.T) said...
Business
According to analysts and industry executives, airlines’ dissatisfaction with Boeing’s (BA.N) inability to control a string of safety and supply issues has been reignited...
Business
To catch up to its competitors worldwide in the transition to battery-powered vehicles, Japanese manufacturer Honda Motor (7267.T) said on Tuesday that it will...
Business
Wall St. climbs on a megacap boost; inflation and earnings are in focus. The strength in several megacaps helped Wall Street’s major indexes rise...
Business
Months after the car’s premiere in China and Europe, Tesla (TSLA.O.) unveiled the updated Model 3 small sedan in North America on Wednesday at...
Economy
The Houthis, who are headquartered in Yemen, launched 21 drones and missiles into the southern Red Sea on Tuesday, according to reports from the...
Economy
Mexico’s headline inflation likely ticked higher in December. According to a Reuters poll released Monday, Mexico’s headline inflation rate probably increased somewhat in December...
Business
At the CES electronics trade show in Las Vegas on Monday, Volkswagen (VOWG_p.DE) unveiled its first cars with a voice assistant that incorporates ChatGPT...
Cryptocurrencies
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...
Business
According to two people with knowledge of the situation, KKR (KKR.N) intends to inform the antitrust regulators of the European Union by the end...
Politics
Canada partners take Iran to the UN Council over a downed Ukrainian jet. To hold Iran responsible for the downing of a passenger plane...
Politics
After three months of fighting near the Israeli-Lebanese border, Israel struck a significant blow to the organization on Monday when it killed a key...
Economy
Stocks gain with tech-related shares; oil falls on Saudi price cuts. Gains in U.S. tech-related companies contributed to Monday’s mainly positive performance for global...
Economy
U.S. authorities said the cockpit voice recorder data on the Alaska Airlines Boeing 737 MAX 9 aircraft that lost a panel mid-flight on Friday...
Business
To expand its oncology portfolio with immunotherapies, Merck & Co. (MRK.N.) said on Monday that it would acquire cancer medication researcher Harpoon Therapeutics (HARP.O.)...
Economy
Biden administration will announce an independent contractor rule that could upend the gig economy. According to an administration official, the administration of U.S. President...
Business
US investigators retrieve a 737 MAX jet panel. After American officials found a panel that had blown off an Alaska Airlines (ALK.N.) 737 MAX...
Business
Ocean freight charges are rising due to carriers postponing plans to resume transit via the Red Sea. This crucial route connects to the Suez...
Business
Novo Nordisk (NOVOb.CO), a famous weight-loss medication manufacturer, established research partnerships with two American biotech companies on Thursday. This move is part of Novo...
Politics
Gaza’s child amputees face further risks without expert care. The explosion in October that struck Noor’s home in Jabalia, Gaza, nearly severed her eleven-year-old...
Politics
Blinken will travel to Israel and the West Bank in a week-long Gaza diplomacy push—State Dept. According to State Department spokesperson Matthew Miller, top...
Economy
Mobileye’s supply glut warning rattles auto chip stocks. Mobileye Global (MBLY.O), a self-driving technology company, issued a warning on Thursday, stating that declining orders...
Economy
Pharmacy chain Walgreens cuts dividends to save cash, and shares slump. The US drugstore chain Walgreens Boots Alliance (WBA.O.) shares fell 11% on Thursday...
Business
CEO of McDonald’s (MCD.N), Chris Kempczinski, stated on Thursday that the war and “associated misinformation” about the brand are having a “meaningful business impact”...
Politics
As he pursues the Republican presidential nomination for 2024, Donald Trump met with the leader of the Teamsters on Wednesday. He agreed to meet...
Business
Significant weekly gains in gasoline and distillate stocks on Thursday effectively ended an earlier rise in oil prices, overshadowing a larger-than-anticipated decline in crude...
Politics
UK foreign minister Cameron: Red Sea attacks must stop. British Foreign Secretary David Cameron stated on Thursday that attacks on cargo ships in the...
Economy
Japan Airlines (JAL) announced on Thursday that it estimated more than $100 million in damages after one of its planes was wrecked in a...
Economy
BAE Systems (BAES.L) announced the restart of structural manufacturing for its M777 lightweight howitzer after signing a first transaction worth up to $50 million...
Business
Russian hackers were inside Ukraine’s telecom giant for months. According to Ukraine’s senior cyber spy, Reuters, Russian hackers have had access to Kyivstar, a...
Economy
All 379 people aboard a Japan Airlines (JAL) jet evacuated the burning airliner following a collision with a Coast Guard plane at Tokyo’s Haneda...
Politics
More than 100 killed in ‘terrorist attacks’ near tomb of Iranian Guards’ Soleimani. Two explosions killed more than 100 people and injured dozens more...
Economy
General Motors (GM.N.) retains its title of top-selling carmaker in the United States in 2023, edging out competitor Toyota Motor (7203.T), as easing supply...
Politics
Greek PM sacks police minister in mini reshuffle, key posts unchanged. On Wednesday, Greek Prime Minister Kyriakos Mitsotakis named a new police minister as...
Economy
Three people were injured in a stabbing on a Tokyo train, and one woman was arrested. Three men were stabbed and rushed to the...
Economy
US dollar rises to a two-week peak, tracking Treasury yields. Due to higher U.S. Treasury rates on Wednesday, the U.S. dollar rose to a...
Economy
Floods and snow hit Northwest Europe after the latest Atlantic storm. On Wednesday, parts of northwest Europe struggled to cope with the latest Atlantic...
Finance
Exclusive: China’s top banks tighten exposure to smaller peers to curb credit risk. According to three sources, several of China’s largest banks have increased...
Business
Oil prices surged more than $1 per barrel on Wednesday, as rumors of an interruption at Libya’s main oilfield added to supply fears stemming...
Business
The US manufacturing sector’s eye recovery is in December (ISM). Manufacturing in the United States declined more in December, although the rate of decline...
Politics
Turkey to reinforce military bases in Iraq after 12 soldiers were killed. Following the deaths of twelve Turkish troops in the region, President Tayyip...
Politics
Lopez Obrador says the US and Mexico will keep border crossings open. After several essential rail crossings were temporarily closed owing to the significant...
Technology
Alibaba must face a lawsuit in the US over counterfeit Squishmallows. On Wednesday, a judge in the United States denied Alibaba’s (9988. HK) request...
Technology
On Wednesday, the New York Times filed a lawsuit against OpenAI and Microsoft (MSFT.O), alleging that the two companies had used millions of the...
Economy
A breakdown of the group’s timetable that Reuters published on Thursday revealed that the Danish shipping company Maersk (Maersk. CO) would direct practically all...
Economy
The dollar dips as traders stay fixed on U.S. rate cuts next year. On Thursday, the dollar fell due to market speculation that the...
Economy
The output of factories in Japan decreased in November, which clouded the outlook for the export-dependent economy. According to statistics released by the Ministry...
Economy
The government of Singapore is bolstering its coffers in preparation for an anticipated increase in social expenditure in the years to come in the...
Economy
On Thursday, oil prices remained stable after significantly declining in the previous session. This was because fears of shipping interruptions along the Red Sea...
Business
Workers threaten 2-day strike at Neste oil refinery in Finland. On Thursday, the Industrial Union of Finland announced that it intended to go on...
Economy
Since protests in October demanding more excellent pay, garment factories in Bangladesh have dismissed hundreds of workers, according to three labor groups representing half...
Uncategorized
A UN report deplores the ‘rapid deterioration’ of rights in the West Bank. In a report made public on Thursday, the United Nations denounced...
Politics
According to a statement released by the Romanian Ministry of the Interior late on Wednesday, Romania and Bulgaria have agreed with Austria to join...
Politics
China urges a regional alert as the US military steps up its forward deployment. In response to allegations that the United States intends to...
Economics
China aims to expand domestic demand and ensure a speedy recovery. According to an interim report on China’s 14th five-year plan that the Chinese...
Technology
The Biden Administration allows the US Trade Tribunal’s ban on Apple Watch imports. Masimo (MASI.O), a firm specializing in medical monitoring technology, filed a...
Politics
The Ukrainian draft law proposes lowering the mobilization age to 25 from 27. It was suggested in the text of a draft bill uploaded...
Economy
Thailand plans new minimum wage hike, keeps inflation target next year. The Thai government said on Tuesday that it would boost the country’s minimum...
Business
Bayer has prevailed in a trial. A Californian man who claimed to have developed cancer as a result of exposure to the company’s Roundup...
Business
On Tuesday, AstraZeneca (AZN.L) announced that it will acquire Gracell Biotechnologies (GRCL.O) for a price that may reach up to $1.2 billion. This acquisition...
Business
India’s Infosys falls after a $1.5 billion AI deal is terminated. Shares of Infosys (INFY.NS) dropped as much as 2.6% on Tuesday after the...
Politics
The Indian Navy will deploy guided-missile destroyer ships after striking off its coast. In response to the attack that was carried out on a...
Economy
Adani Green Energy (ADNA.NS), a business based in India, said on Tuesday that its core shareholders will spend 93.50 billion rupees, which is equivalent...
Politics
Thousands protest over Serbia election result, march to main police station. On Monday, a sizable crowd gathered in front of the Central Election Commission’s...
Politics
A Ukrainian attack on a Crimean port damages a Russian warship, says Moscow. Moscow stated on Tuesday that a Ukrainian bombardment on the port...
Politics
China warns that rocket remnants will hit the South China Sea. Immediately following the sixth flight of its most powerful launch vehicle eleven days...
Business
The country’s antitrust watchdog is looking into Repsol (REP.MC), a Spanish oil company, for allegedly abusing its dominant position in the country’s wholesale gasoline...
Finance
The dollar wobbles in thin trading; the yen firms. The dollar was attempting to find a floor on Tuesday in a trade that was...
Economy
Asian stocks rise, and the dollar drifts as US rate-cut bets rise. On Tuesday, Asian markets made a slow but steady ascent while the...
Business
A representative for Maersk stated on Tuesday that the German shipping company Hapag-Lloyd (HLAG.DE) would decide on Wednesday whether to resume trips via the...
Business
According to three finance sources who spoke to Reuters, car-sharing service Delimobil may be the first Russian firm to have a long-awaited initial public...
Economy
At glittering malls in major Chinese cities such as Shanghai and Chongqing, customers are greeted with enormous Christmas trees, lights, tinsel, and present boxes....
Politics
Ukraine seeks to terminate its free trade agreement with Belarus. According to statements made by cabinet minister Taras Melnychuk on Monday, the Ukrainian government...
Economy
The death toll from the China earthquake rises to 149, with two still missing after a week. At least 149 people were murdered in...
Politics
A Russian-backed union signs a free trade pact with Iran. According to statements made by Russia’s Ministry of Economy and the Eurasian Economic Union...
Finance
Ukraine received $1.34 billion under the World Bank project in the finance ministry. Under the World Bank’s public expenditures for administrative capacity endurance in...
Finance
The Russian central bank needs months to ensure CPI falls before rate cuts. According to statements made by Elvira Nabiullina, the governor of the...
Business
In a statement released on Sunday, the Danish shipping firm Maersk (Maersk. CO) stated that it is getting ready to restart its activities in...
Politics
Thousands protested in Belgrade to demand the annulment of elections. An anti-government demonstration took place on Sunday in the central business district of Belgrade....
Politics
Israeli airstrikes killed 100 people in one of the war’s deadliest nights, Gaza officials say. At a burial that took place in Gaza on...
Finance
BOJ’s Ueda signals the chance of policy shift and progress on price goal. The Governor of the Bank of Japan, Kazuo Ueda, stated on...
Business
Japan automakers will invest $4.3 billion in Thailand over 5 years. On Monday, a representative for the Thai government said that major Japanese automobile...
Business
According to a statement released by a spokeswoman on Monday, the small vehicle division of Toyota Motor (7203.T), known as Daihatsu Motor, would reimburse...
Economy
ConocoPhillips (COP.N), a multinational oil company based in the United States, awarded its $8 billion Willow oil and gas drilling project in Alaska to...
Economy
US inflation is decelerating, boosting the economy. For the first time in over three and a half years, prices in the United States declined...
Finance
The purchase of HSBC’s (HSBA.L) domestic subsidiary by Royal Bank of Canada (RY.TO) for C$13.5 billion ($10.2 billion) was authorized by Canada on Thursday....
Business
The supervisory board of Volkswagen (VOWG_p.DE) has agreed to connect managers’ incentives to the firm’s absolute net cash flow beginning in 2024. According to...
Business
Uber Technologies (UBER.N) said on Wednesday that it will boost its minimum wage in France as part of a more significant deal with ride-hailing...
Economy
Share markets suffered an end-of-year wobble on Thursday, but bonds made a stunning round trip on the general belief that many countries will cut...
Politics
Ukraine says it received the last tranche of the EU’s 18 billion euro aid package. On Thursday, Prime Minister Denys Shmyhal announced Ukraine got...
Economy
Futures rebound after a broad sell-off; Micron shines. U.S. stock index futures gained on Thursday after a significant sell-off on Wall Street in the...
Economy
Brent nears $80 as US output hits a record. On Thursday, Brent traded at $80 a barrel as increasing U.S. stocks and record output...
Politics
The first vote on four same-sex marriage draft laws is planned for Thursday as the Thai parliament moves toward legalization. Parliament considered identical draft...
Economy
China, the world’s leading processor of rare earths, implemented a restriction on the export of technology that can extract and separate crucial metals on...
Business
On Thursday, a subsidiary of the private equity fund KKR, based in the United States, announced a complete takeover attempt for the Portuguese renewable...
Business
On Wednesday, Toyota Motor (7203.T) said it will recall 1.12 million vehicles worldwide due to the possibility that a short circuit occurred in a...
Business
Russia splashes $12 billion to keep the aviation sector in the air. According to a Reuters study, Russia has given its aviation sector more...
Business
Honda will recall over 2.5 million US vehicles (NHTSA). According to the National Highway Traffic Safety Administration (NHTSA), the American division of Honda Motor...
Politics
No deal with Turkey on the Swedish NATO bid—Hungary’s Orban. Viktor Orban, the Prime Minister of Hungary, stated at a news briefing on Thursday...
Business
Despite growing online risks, Canada’s BlackBerry (BB.TO) posted an unexpected quarterly profit on Wednesday. A strong demand for cybersecurity services supported this. Over the...
Politics
North Korea’s Kim warns of ‘nuclear attack’ if provoked with nukes. According to state media on Thursday, North Korean leader Kim Jong Un declared...
Business
According to a source who spoke to Reuters, Boeing (BA.N.) will begin delivering its 787 Dreamliner to China in a few days. This development...
Politics
France’s Macron faces cracks in his government over the migration law. As a result of concerns over the new law, which led to the...
Business
Oklahoma is no longer a possibility for a new electric car battery facility in the United States, according to a statement released on Wednesday...
Business
Diageo (DGE.L), the manufacturer of Tanqueray gin and Johnnie Walker whiskey, is fighting to rebuild investor confidence after issuing a profit warning last month....
Economy
Oil perks up as Red Sea tensions spark investor jitters. In response to attacks on ships in the Red Sea by Yemen’s Houthi forces,...
Economy
Industry insiders stated on Tuesday that Airbus (AIR.PA) is expected to smash aerospace order records in 2023 following a purchasing frenzy from European airlines...
Economy
Britain’s energy price cap to fall 14% in April – Cornwall Insight. On Wednesday, analysts at Cornwall Insight predicted that Britain’s domestic energy price...
Economy
On Tuesday, Laxman Narasimhan, the CEO of Starbucks (SBUX.O), stated that those demonstrating against the company because of its position on the Israel-Hamas conflict...
Business
On Wednesday, Toyota Motor’s (7203.T) Daihatsu division, the largest carmaker in Japan, announced that it would stop shipping any of its cars. This is...
Economy
On Wednesday, the dollar strengthened relative to other major currencies. At the same time, sterling plummeted following the release of British inflation data that...
Business
Chief Executive Mark Schneider of Nestle (NESN.S) stated on Wednesday that the company does not perceive any danger to its massive coffee business from...
Economy
The U.S. and China remain the top credit ratings to watch in 2024. 2024 may mark significant changes in several sovereign credit ratings due...
Business
On Wednesday, the First Cisl banking union said that Italy’s UniCredit (CRDI.MI) and Italian unions had agreed to provide 510 workers with a voluntary...
Business
FedEx (FDX.N) saw its most significant Express division see a decline in demand from the U.S. Postal Service. This caused the company to lower...
Politics
The Colorado Supreme Court declared on Tuesday that former President Donald Trump is unable to run for president of the United States due to...
Business
The majority of Swedes, according to the findings of a Novus poll, favor the strike currently taking place at Tesla’s (TSLA.O) workshops in the...
Business
During an auction for the 122-year-old historic steelmaker, Nippon Steel (5401.T) of Japan, they emerged victorious over competitors such as Cleveland-Cliffs (CLF.N), ArcelorMittal (MT.LU),...
Politics
U.S. defense chief urges Israel to do more to protect Gaza civilians. As the United States‘ campaign against Hamas has resulted in still more...
Business
By increasing their imports of cheap Russian oil and refined products, Turkey and Turkish firms have been able to save almost $2 billion on...
Technology
As our world grows more linked, an invisible threat emerges, capable of crossing boundaries and posing a threat to our whole way of life....
Technology
Our exploration unfolds at the intersection of science and society, where everyday individuals become the unsung heroes of discovery as we embark on a...
Business
Italian police seize $94 million from UPS over alleged tax and labor offenses. In response to allegations of tax evasion and improper labor practices,...
Business
China EV maker Zeekr unveils a fast-charging LFP battery. The Chinese manufacturer Geely (0175. HK) (GEELY.UL), which owns the luxury electric car brand Zeekr...
Business
A labor agency in the United States is attempting to compel Starbucks Corporation (SBUX.O.) to reopen 23 allegedly closed outlets to discourage a countrywide...
Business
AT&T to buy Rivian electric vehicles in a pilot deal to cut costs and emissions. According to a statement released by the firms on...
Politics
The EU summit decided to launch membership talks with Ukraine. In a surprising turn of events, the leaders of the European Union decided on...
Finance
According to two individuals who are acquainted with the issue, Austria is attempting to get Raiffeisen Bank International, which is the most prominent Western...
AI
As we reveal the unprecedented synergy of Artificial Intelligence and personalized health goals, we invite you to go on a transforming journey into the...
AI
A new symphony of healthcare innovation is emerging, in which machines detect diseases and resonate with the human experience. Join us on a journey...
Economy
Shenzhen and Abu Dhabi exchanges link up as China and the Middle East move closer. An agreement was reached between the stock exchange in...
People
An ex-FBI official is to be sentenced in the US over work for Russia’s Deripaska. On Thursday, a former FBI officer is scheduled to...
Politics
The EU says it will take in slightly more refugees from third countries. On Thursday, a senior European Union official announced that the union...
Technology
The EU top court scraps a 250 million euro tax order vs Amazon. The highest court in Europe overturned an EU judgment that required...
Business
The German manufacturer BMW Group (BMWG.DE) said on Thursday that it had been granted a test license for level 3 autonomous driving on high-speed...
Economy
Nasdaq resolves system errors affecting stock orders. According to a notification on its website, the exchange operator Nasdaq (NDAQ.O) rectified a system issue on...
Economy
Investors cheer Fed’s dovish pivot, as focus shifts to 2024 risks. A dovish move from the Federal Reserve has placed record highs for U.S....
Business
According to a statement released by the airline on Thursday, Virgin Australia has reached a salary agreement with unions that had called for strikes...
Business
Berkshire Hathaway buys Occidental Petroleum shares worth about $588.7 million. According to a document submitted to the United States Securities and Exchange Commission on...
Business
Temu, a worldwide discount e-commerce platform that is owned by PDD Holdings (PDD.O.), filed a complaint in a court in the District of Columbia...
Economy
Oil rises on US inventory draw, upbeat demand expectations. The price of oil increased in Asian trading on Thursday, extending the gains made in...
Finance
China venture capital and private equity funds rattled by proposed changes. There has been a pushback from industry participants concerned that China’s proposal to...
Politics
The UK defense ministry was fined for an Afghan data breach during the Taliban takeover. A series of email data breaches that disclosed the...
Business
The auditing firm distances itself from the duo’s work on VW’s China plant. By posting a comment on LinkedIn, the auditor that Volkswagen (VOWG_p.DE)...
Business
Mexico gives Tesla land-use permits for gigafactories, says the state government. According to a Tuesday announcement by the state government of Nuevo Leon, the...
Economy
Stocks bide time ahead of the Fed decision; oil slumps. On Wednesday, oil prices dropped to their lowest point in six months, and global...
Business
Moderna (MRNA.O) said on Tuesday that its Chief Commercial Officer, Arpa Garay, has resigned. In his place, CEO Stephane Bancel will oversee sales and...
Business
It was announced on Tuesday that the United States military contractor L3Harris (LHX.N) would suspend its merger and acquisition activities for the “foreseeable future”...
Technology
Google, which is owned by Alphabet (GOOGL.O), Meta Platforms (META.O), Qualcomm (QCOM.O), and seven other technology firms, joined together on Wednesday to advocate for...
Economy
Nations strike deal at COP28 to transition away from fossil fuels. At the COP28 climate conference, which took place on Wednesday, representatives from over...
Business
The UK payments regulator proposes a cap on Mastercard and Visa cross-border fees. On Wednesday, the payments authority in the United Kingdom presented a provisional...
Business
Inditex, Zara’s parent company, announced a robust holiday season trade, with sales increasing by 14% in the six weeks leading up to December 11....
Technology
In the run-up to the election in February, the candidate for president of Indonesia, Ganjar Pranowo, is facing a formidable challenge from his competitors....
Technology
Elon Musk’s SpaceX will conduct a tender offer to sell insider shares for $97 per share. According to a story that Bloomberg News published...
Economy
Majid Al Suwaidi, the Director General of Cop28, stated on Tuesday that the chair of the summit desired to add a “historic” remark on...
Business
SpaceX announced that the launch of the covert X-37B robot spaceplane, scheduled for Monday night, has been postponed for at least twenty-four hours. This...
Business
Disney and Reliance are working on terms of the India media operations merger (ET). The most valuable companies in India, Reliance Industries (RELI.NS), and...
Politics
South Korea the US will hold a new round of nuclear consultation talks in Seoul. South Korea and the United States will conduct discussions on...
Politics
US President Joe Biden referred to his complicated relationship with Israeli Prime Minister Benjamin Netanyahu, implying that the latter is going through a “tough...
Technology
Epic Games, the company that developed “Fortnite,” has been successful in its high-profile antitrust suit against Alphabet’s Google (GOOGL.O), which contended that the Play...
Economy
Asian stocks rise, and the dollar eases ahead of U.S. inflation data. With investors being cautious in front of central U.S. inflation data later...
Politics
UK firms pause China investment decisions as growth slows: survey. According to the British Chamber of Commerce in China, sixty percent of British companies...
Politics
Philippines summons Chinese ambassador over South China Sea ‘harassment.’ On Tuesday, the Philippine Ministry of Foreign Affairs announced that it had called China’s ambassador...
Economy
Puma will end sponsorship of Israel’s national football team next year. In a decision that was made before the incident that Hamas carried out...
Business
Almost a year after announcing it would cut 15% of its personnel due to lower sales, Hasbro (HAS.O.) revealed that it will eliminate 900...
Business
Morning Bid: U.K. labor data takes the stage before U.S. inflation—Ankur Banerjee’s outlook for the upcoming day in the European and international markets. As...
Economy
Oil rises ahead of interest rate decisions; oversupply fears linger. In anticipation of significant interest rate decisions and the release of inflation data, investors...
Business
Wall Street closes at fresh 2023 highs as inflation data, the Fed eyed. In spite of the small gains on Monday, U.S. equities closed...
![] A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/File Photo](https://www.biznob.com/wp-content/uploads/2023/04/JP_800x500-600x337.jpeg)
![] A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/File Photo](https://www.biznob.com/wp-content/uploads/2023/04/JP_800x500-100x100.jpeg)
Finance
According to two people with knowledge of the situation, JPMorgan Chase (JPM.N) plans to outsource the management of its local custody business in Taiwan...
Finance
Scotiabank’s new CEO must sell investors on his plan to boost Latam profits. The Chief Executive Officer of Bank of Nova Scotia (BNS.TO), Scott...
Economy
An EU payments tie-up would build a more comprehensive M&A defense. Gilles Grapinet, the CEO of Worldline (WLN.PA), could discover that his adversary’s adversary...
Politics
The Polish prime minister lost his confidence vote, clearing the way for Donald Tusk. A large coalition of pro-European Union parties under the leadership...
Business
The first EV charging station made possible by Biden’s infrastructure law goes online. The White House announced on Monday that the first electric car...
Economy
FOREX The yen falls as Japan’s negative rates are expected to persist. The Japanese yen saw a decline versus the dollar for the second...
Economy
IMF’s Gopinath warns fragmentation of the global economy could cut GDP by 7%. The fragmentation of the global economy and obvious changes in fundamental...
Business
On Monday, Boeing (BA.N.) announced that it had appointed Stephanie Pope, a firm veteran, to the newly established post of chief operational officer. This...
Business
Two individuals familiar with the subject stated on Sunday that the United States health insurer Cigna (CI.N.) has terminated its attempt to negotiate an...
Politics
Afghanistan was excluded from COP28 as climate impacts hit home. Concerns have been expressed over the humanitarian impact of Afghanistan’s exclusion from climate discussions...
Politics
Russia demands the release of hostages in talks with Palestinians. During telephone discussions with Hamas and other Palestinian factions on Sunday and Monday, Russian...
Business
Through a cash-and-stock transaction with a total value of $12 billion, Occidental Petroleum (OXY.N.) said on Monday that it would acquire CrownRock, an energy...
Economy
Macy’s investors mount a $5.8 billion buyout bid. On Sunday, a source who is acquainted with the situation stated that an investment group consisting...
Economy
The US plans to award BAE a $35 million award to boost chip supply for the F-35. On Monday, the United States Department of...
Economy
Arab OPEC ministers gathered in Doha as COP28 fossil fuel talks continued. Countries battled at the United Nations’ COP28 climate meeting over a possible...
Technology
Three persons acquainted with the topic have stated that Nvidia (NVDA.O) is in advanced discussions with the Malaysian conglomerate YTL (YTLS.KL) for a data...
Technology
As a result of sluggish business expenditure and intense competition, chipmaker Broadcom (AVGO.O) forecasted yearly revenue that was lower than what Wall Street had...
Economy
COP28 leader urges nations to get out of ‘comfort zones.’ In a statement released on Friday, the President of COP28, Sultan al-Jaber, asked countries...
Economy
On Friday, the British high-end homebuilder Berkeley (BKGH.L) joined its counterparts in the industry to highlight the challenging trade circumstances in the housing market....
Politics
A source says the White House is open to new asylum limits for Ukrainian aid. According to a person familiar with the conversations, the...
Politics
The United States Secretary of State, Antony Blinken, and the British Foreign Secretary, David Cameron, said they had addressed the “vital” United States-United Kingdom...
Business
Oil heads for 7th weekly loss as supply surplus and weak China demand weigh on the market. Even though prices recovered ground on Friday...
Business
The United States and China, the two most significant economies in the world, are competing for influence in Vietnam, a vital Southeast Asian country....
Business
Two individuals familiar with the situation have stated that Boeing (BA.N.) has communicated to its suppliers that the company’s plans to increase production of...
Business
To replace its aging Boeing (BA.N.) 747 cargo airplanes, Cathay Pacific Airways (0293.HK) said on Friday that it had placed a definite order to...
Economy
Yen soars, Nikkei slides as rate hikes loom over Japan. Investors raced out of bets on Japan’s low interest rates, and Japanese markets were...
Politics
Taiwanese intelligence says China’s leadership discussed election interference. According to information acquired on the island, senior Chinese authorities met at the beginning of December...
Business
McDonald’s Australia hit with class action over unpaid overtime. An Australian workers union has initiated a class action lawsuit against the local branch of...
Politics
The US criticizes Israel on the Gaza civilian toll as the UN hears ceasefire demand. Antony Blinken, the Secretary of State of the United...
Business
Focus: In the Olympics race, Adidas pursues an edge in new sports. At a time when competitors in the sportswear industry are vying for...
Finance
Morning Bid: Japan drags down bonds as US payrolls loom from Tom Westbrook; here’s a look at what the day holds for markets worldwide...
Business
The decision by the American utility company Duke Energy to disconnect its batteries has prompted a response from CATL (300750. SZ), a Chinese battery...
Politics
While meeting with President Vladimir Putin in Moscow on Thursday, Iranian President Ebrahim Raisi accused the West of aiding “genocide” by Israel against Palestinians...
Business
Trading in the options of Cerevel Therapeutics Holdings Inc. (CERE.O) saw an unprecedented increase along with its stock price in the days leading up...
Economy
A Swedish court rules against Tesla in a dispute with postal service over deliveries. On Thursday, Tesla (TSLA.O) was unsuccessful in a court struggle...
Economy
Denmark passes a bill to stop Koran burnings. After riots in Muslim nations over the destruction of Islam’s holy book prompted Danish security worries,...
Business
JetBlue narrows its loss forecast on healthy travel demand, and shares rise. As a result of the robust demand for travel during the Christmas...
Business
According to individuals with direct knowledge of the situation, Tata Motors (TAMO.NS) is exerting pressure on Indian officials to refrain from lowering import duties...
Economy
EU watchdog tells top credit raters to tighten internal controls. As a result of an inquiry that generated some concerns, the European Union’s securities...
Technology
A labor dispute between Tesla (TSLA.O) and Swedish trade union IF Metall has attracted many unions from around the Nordic area. These unions are...
Business
According to two individuals close to the situation, AXA (AXAF.PA) is contemplating the possibility of selling part of its protection insurance companies located throughout...
Finance
The Swiss bank UBS (UBSG.S.) has announced that it has formally begun the integration of Credit Suisse’s parent bank. This marks a significant next...
Business
According to sources inside the industry, Boeing (BA.N.) is now in advanced negotiations with Thai Airways (THAI.BK) to sell around 80 wide-body 787 Dreamliner...
Business
GM hydrogen unit to supply fuel cells for Autocar’s heavy vehicles. On Thursday, General Motors (GM.N.) and Autocar Industries announced that they had agreed...
Politics
On Thursday, China said that the Biden administration’s intention to restrict the amount of Chinese content in batteries eligible for significant tax incentives for...
Business
Woodside Energy (WDS.AX) and Santos (STO.AX), both of which are based in Australia, said on Thursday that they were in exploratory discussions to establish...
Economy
Oil stages a slight recovery as a weak economic outlook lingers. After falling to a six-month low the day before, oil prices recovered some...
Business
BAT writes down $31.5 billion from the value of U.S. cigarette brands. British American Tobacco (BATS.L) acknowledged on Wednesday that its conventional market does...
Politics
On Thursday, Turkish President Tayyip Erdogan came to Athens with a group of ministers to meet with his Greek counterparts. Both nations hope these...
Politics
An unexpected meeting between Saudi Crown Prince Mohammed bin Salman and Russian President Vladimir Putin lasted three hours on Wednesday. During the meeting, Putin...
Politics
To resolve their disputes, Turkish President Tayyip Erdogan stated on Wednesday, before his trip to Athens, that Greece and Turkey should strengthen their confidence...
Economy
The German Economic Institute (IW) suggested in a report that was published on Wednesday that the European Union (EU) should collaborate with African nations...
Business
TUI, the largest travel operator in Europe, has projected that its operating profit will increase by 25% in 2024. This comes after the company’s...
Finance
The Australian diversified investor Washington H has submitted a proposal of A$3.1 billion ($2 billion). Soul Pattinson (WHSP) (SOL.AX) for the local fund manager...
Business
Russian distributor to launch sales of Adidas and Reebok goods—Kommersant. According to a story published in the Kommersant newspaper on Wednesday, a Russian distributor...
Politics
The US and Sweden signed a Defense Cooperation Agreement. As the Nordic nation works to expand its military connections while waiting for approval to...
Politics
Trump: I won’t be a dictator if I become U.S. president again. After receiving warnings from Democrats and some Republicans that the United States...
Politics
Despite the Gaza death toll soaring, the U.S. is unlikely to rethink weapons supplies to Israel. As the number of civilian casualties continues to...
Politics
A U.S. Navy patrol aircraft sailed across the sensitive Taiwan Strait on Wednesday, the U.S. military said, calling the operation a display of the...
Business
Exxon Mobil (XOM.N) and shale oil producer Pioneer Natural Resources (PXD.N) have received a second request from the Federal Trade Commission of the United...
Business
Australia’s Woodside Energy signs a 20-year LNG deal with Mexico Pacific. Woodside Energy (WDS.AX) said on Wednesday that it has signed a contract with...
Politics
The United States Special Envoy for Climate Change, John Kerry, announced a worldwide engagement strategy to increase nuclear fusion on Tuesday. Kerry stated that...
Business
Thai Business Group keeps its 2023 growth forecast at 2.5%–3.0%. On Wednesday, a critical joint business organization announced that Thailand’s economy is expected to...
Economy
Asia stocks gain as lower bond yields buoy tech; oil sags. Wednesday was a joyous day for Asia-Pacific stocks as expectations increased for a...
Economy
In Tokyo next week, Japan, Britain, and Italy will sign a treaty that will establish a combined organization and industrial group to build their...
Finance
Morning Bid: Optimism over peaking rates propels stocks. From Kevin Buckland, here’s a look at what the day holds for markets worldwide and in...
Technology
As a result of year-end solid sales during the Christmas peak season, Taiwan’s Foxconn (2317. TW), the world’s largest contract electronics maker and a...
Cryptocurrencies
US crypto industry lobby spending is on track for a new record in 2023. According to information provided to Reuters by OpenSecrets, a nonprofit...
Business
The British pub business Marston’s (MARS.L) said on Tuesday that their Christmas bookings surpassed the numbers from the previous year. Additionally, the company forecasted...
Finance
As anticipated, the Australian central bank kept interest rates unchanged on Tuesday. This gave the bank additional time to evaluate the economy’s current status...
Business
In an effort to decrease costs and adjust the company’s size to the present market, Telefonica informed unions on Monday that it was trying...
Business
Danish dockworkers join Swedish strike action against Tesla. On Tuesday, the labor organization 3F in Denmark said it would back Swedish mechanics in their...
Politics
According to a report on Monday in the Russian news outlet Shot, Russian President Vladimir Putin plans to visit the United Arab Emirates and...
Economy
Britain announces stricter visa measures to reduce net migration. As Prime Minister Rishi Sunak is under increasing pressure to address the issue of record...
Politics
Israel intensified the southern Gaza offensive, and the US and UN urged civilian protection. Israeli troops continued their air and ground bombardment of the...
Finance
China’s state banks are seen swapping and selling dollars for yuan, according to sources. According to two people who know the situation, on Tuesday,...
Economy
Asian stocks slide as focus turns to U.S. jobs. As investors tempered their expectations for cuts to U.S. interest rates and waited for U.S....
Economy
Ukraine’s aerospace sector’s push for Western tie-ups met with skepticism. As it seeks new direction after losing Russia as its largest client and having...
Politics
James Cleverly, the Home Secretary of the United Kingdom, is scheduled to arrive in Rwanda on Tuesday to sign a new treaty that would...
Economy
Morning Bid: RBA holds and the dollar pauses, too. From Tom Westbrook, here’s a look at what the day holds for markets worldwide and...
Economy
As a result of a decline in demand inside the European Union, German exports saw an unexpected decline in October, with a slight decrease...
Politics
China says it will hold a summit with EU leaders to discuss global economic issues. According to a statement released by China’s Ministry of...
Economy
Oil is down as uncertainty over OPEC+ supply cuts and demand growth weigh in. Even though the possibility of supply interruptions caused by the...
Technology
Spotify will reduce staff by 17% in a second layoff this year. The firm Spotify (SPOT.N) said in an email on Monday that it...
Finance
An attack on an American destroyer and commercial vessels in the Red Sea on Sunday has the danger of reigniting market concerns about an...
Business
Toyota plans to expand battery EV line-up in Europe to six models by 2026. On Monday, Toyota Motor (7203.T) said it will expand its...
Business
China’s BYD says it will keep a reward system for smear campaign tipsters. BYD (002594. SZ), a Chinese business specializing in electric vehicles, said...
Business
EV charging growth plans are slowed by the EU’s power grid problems. There are around 1,600 charging stations in Spain owned by Repsol (REP.MC),...
Business
Origin investors reject the $10.6 billion Brookfield bid; the company is open to other funding. After shareholders in Australia’s most prominent power retailer rejected...
Business
The multinational pharmaceutical corporation Roche (ROG.S.) said on Monday that it had reached a formal deal to buy Carmot Therapeutics (CRMO.O.), a firm based...
Politics
The Israeli military said that its forces were engaging Hamas fighters across the Gaza Strip. This indicated that the Israeli military’s planned ground attack...
Politics
Choi Sang-mok, a former senior economic counselor, was nominated for the position of finance minister in South Korea by President Yoon Suk Yeol on...
Economy
Asia shares turned mixed, and gold hit a record above $2,100. At the beginning of a busy week for economic data that will test...
Economy
U.S. imposes fresh sanctions over shipment of Russian oil above price cap. To eliminate loopholes in the system that are intended to penalize Moscow...
Business
Shares of Alibaba Group Holding listed on the United States Stock Exchange fell on Friday after Morgan Stanley downgraded the company due to worries...
Business
Following the highly anticipated unveiling of its Cybertruck, Tesla shares (TSLA.O) saw a decline of around 2% on Friday. This was because analysts were...
Economics
Following a significant decline in early trading and a drop of more than two percent on Thursday, oil prices rebounded on Friday. This was...
Politics
Britain will send seven Royal Navy ships with undersea cables to patrol areas. In a statement released on Thursday, the United Kingdom said it...
Politics
‘Let us be a lesson,’ says Kazakhs, wary of the return to nuclear testing. Communities in the vicinity of the massive nuclear testing site...
Economy
Eurozone inflation tumble pits the ECB against markets. Inflation in the Eurozone fell more than expected for the third consecutive month in November, challenging...
Economy
The U.S. economy grew 5.2% in the third quarter, with higher interest rates eroding momentum. In the third quarter, the United States economy expanded...
Finance
On Thursday, TD Bank Group (TD.TO) announced a decrease in its earnings for the fourth quarter. This was because the second-largest lender in Canada...
Business
In a statement released on Thursday, the Dutch semiconductor equipment maker ASML (ASML.AS) announced that its Chief Executive Officer, Peter Wennink, will step down...
Politics
Democrats have no Biden backup plan for 2024, despite age concerns. It would be a problematic intraparty struggle if the Democratic Party suddenly needed...
Business
Oil inches up, all eyes are on the OPEC+ meeting outcome. On Thursday, there was not much of a shift in oil prices as investors...
Economy
Stocks are on cruise control as rate-cut expectations boost the outlook. The ongoing downward trend for global bond yields boosted confidence, which led to...
Finance
The antitrust regulator of Italy announced on Thursday that it had instructed the largest bank in the nation, Intesa Sanpaolo (ISP.MI), to suspend the...
Entrepreneurship
Explore Elon Musk’s visionary Mars colonization plans and the future of Mars exploration in this in-depth article. KEY TAKEAWAYS Multiplanetary Vision: Elon Musk...
Business
Huawei’s new smart car firm is valued at up to $35 billion amid advanced stake talks. Following the sale of holdings to investors such...
Politics
Turkey expects to ratify Sweden’s NATO accession ‘within weeks,’ says the Swedish minister. It was announced on Wednesday by Sweden’s Minister of Foreign Affairs...
Business
J.P. Morgan sees a “challenging” stock backdrop in the first half 2024. Given that investors are seeking clarification on the path of monetary policy,...
Politics
On Wednesday, the final day of an extended six-day truce in the Gaza Strip conflict, Hamas and Israel were anticipated to free further hostages...
Finance
UK financial watchdog proposes investment advisers hold capital for redress. The Financial Conduct Authority (FCA) of the United Kingdom proposed on Wednesday that personal...
Economy
On Wednesday, a new exchange-traded fund (ETF) that tracks Saudi stocks had its trading debut in Hong Kong. This ETF is the first product...
Economy
The preliminary statistics from the National Statistics Institute (INE) revealed that Spain’s inflation rate for the last 12 months dropped to 3.2% in November....
Finance
Saudi Arabia’s Kingdom Holding bought a $450 million stake in Citigroup from Alwaleed. The investment firm Kingdom Holding (4280.SE), owned by Saudi Arabian Prince...
Economy
Investors spy value in cheap Finnish stocks after China and Russia’s pain. According to money managers, the beaten-down stock market in Finland may provide...
Economy
Oil was slightly higher as OPEC+ awaited, and a Black Sea storm disrupted supply. Wednesday saw a little oil price increase as investors became more...
Economy
China’s November factory activity likely contracted for the second month; Reuters’ survey on Wednesday indicated that China’s manufacturing activity most likely decreased for the...
Business
Rakuten’s mobile misadventure: from ambitious plan to millstone. When Rakuten (4755.T), a Japanese e-commerce and fintech behemoth, created a mobile service network in 2020,...
Business
Nio (9866. HK) and Zhejiang Geely Holding Group, two Chinese automobile manufacturers, said on Wednesday that they had inked a strategic collaboration agreement on...
Economy
The Federal Aviation Administration (FAA) said on Tuesday that it has established a new policy for aircraft certification. The policy stipulates that “major” adjustments...
Economy
RWE (RWEG.DE), the leading utility company in Germany, said that it would increase its investment in green energy technology to 55 billion euros ($60...
Economy
Oil rises, Brent tops $80 ahead of OPEC+ meeting. As a result of predictions that the OPEC+ producer group may tighten and prolong output...
Entrepreneurship
Nippon Life will buy Nichii Holdings for about $1.41 billion (Nikkei). The Nikkei reported on Tuesday that Nippon Life Insurance (NPNLI.UL), a Japanese insurance...
Business
China food delivery firm Meituan’s Q3 revenue beats estimates. Meituan (3690. HK), China’s most significant meal delivery company, reported a higher-than-expected 22.1% increase in...
Business
According to two people familiar with the subject, the fashion firm Shein has quietly registered to go public in the U.S. This makes it...
Economy
Nearly 2,500 people were rescued after a snowstorm in Ukraine’s Odesa region. Odesa, in southern Ukraine, had a snowfall that rescued about 2,500 people,...
Business
Shareholders postpone redemptions for $2.1 billion Lenders Australian property fund-source. As a weak real estate market hinders sales, investors have decided to defer payment...
Economy
Asian stocks were subdued as traders braced for inflation data. Tuesday saw a little increase in Asian equities as the dollar languished close to...
Economy
Morning Bid: Markets turn risk-averse after bumper month. Wayne Cole previews the day’s events in the European and international markets. Asia began the week...
Business
Greenpeace, an environmental organization, said on Monday that large oil and gas corporations in China and other countries are “greenwashing” their natural gas imports...
