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New US rules to exacerbate trade dispute with China
China has issued a warning to the United States, urging it not to take "discriminatory actions" against Chinese…
Canada tightens foreign worker eligibility, reduces study permit issuance by 10%…
The Canadian government will reduce the issuance of study permits by 10% for 2025, lowering the cap from 485,000…
With Fed’s rate cut at hand, debate swirls over how big a move
As the U.S. Federal Reserve prepares to begin its rate-easing cycle, investors and analysts predict that future…
EU court confirms Qualcomm’s antitrust fine, with minor reduction
Europe's second-highest court upheld a European Commission antitrust fine against U.S. chipmaker Qualcomm for…
Teamsters to meet on Wednesday to consider potential US presidential endorsement
The Teamsters executive board is meeting in Washington on Wednesday to decide its endorsement for the 2024 U.S.…
Exclusive: Commerzbank poised to put CFO Orlopp in charge of talks with UniCredit
Commerzbank is set to appoint CFO Bettina Orlopp to lead discussions with UniCredit, following the Italian bank's…
Trump launches another business full of potential risks and conflicts if he wins
Former US President Donald Trump, alongside his sons and business partners, launched a cryptocurrency platform…
UK reveals key trends in work, study, and family visas For 2024
The UK's immigration statistics for the year ending June 2024 reveal a total of 1.16 million visas issued across…
Boeing strike threat looms as workers vote on contract
Boeing’s U.S. West Coast factory workers are set to vote on a controversial new contract on Thursday, with the…
US holiday sales to grow at slowest pace since 2018, report says
U.S. holiday sales are expected to grow at their slowest pace in six years, data from Deloitte showed on Thursday…
UniCredit buys 9% stake in Germany’s Commerzbank, sparking takeover talk
Italy's UniCredit has acquired a 9% stake in Germany's Commerzbank for €700 million, raising speculation that…
BMW trims 2024 profit margin on technical issues, weak China demand
BMW has revised its profitability forecast for 2024, now expecting an EBIT margin of 6% to 7% instead of the…
Google loses fight against $2.7 billion EU antitrust fine
Google has lost its appeal against a €2.42 billion fine from the European Commission for unfairly promoting its…
EU’s Vestager triumphs in crackdown on Apple’s tax deal,…
EU antitrust chief Margrethe Vestager celebrated two major victories as the European Court of Justice upheld fines…
US small business sentiment ebbs in August amid rising uncertainty
Small-business confidence in the U.S. fell in August, reversing July’s gains due to growing uncertainty ahead of…
Huawei seeks to steal spotlight from Apple with launch of $2,800 tri-fold…
Huawei launched its $2,800 tri-foldable Mate XT smartphone just hours after Apple's iPhone 16 debut, positioning…
European markets start the week on a positive note
On August 28, 2024, European markets opened higher, with the pan-European Stoxx 600 index gaining 0.67% in early…
Europe stocks mixed after three straight declines; U.S. jobs data in focus
European stock markets opened Thursday on a mixed note, extending a negative trend despite hitting record highs…
World stocks tiptoe, dollar holds as investors await US data
World stocks held steady on Tuesday while the dollar remained near a two-week high as investors awaited crucial…
Apple to switch to OLED displays for all upcoming iPhones from 2025, Nikkei…
Apple plans to use OLED displays for all iPhone models starting in 2025, according to Japan's Nikkei. This shift…
Cathay Pacific inspections find 15 A350s need engine parts replaced
Cathay Pacific Airways announced it has inspected its entire Airbus A350 fleet after a critical engine component…
Asian markets slip amid economic worries
Asian markets fell on Tuesday as investors anticipated the upcoming U.S. jobs report, which is expected to…
WazirX hacker moves $6.5 million in Ethereum to under fire mixer Tornado Cash
India’s largest cryptocurrency exchange, WazirX, has suffered a devastating security breach, resulting in the…
UK’s Aviva conspired to dodge India compensation and tax rules, agency says
The Indian tax agency has accused British insurer Aviva of breaching local regulations on sales commissions…
Futures extend gains after inflation data
U.S. stock index futures continued their upward trend on Friday, bolstered by a key inflation report that showed…
Oil prices face pressure from slow China demand and inventory rise
Oil price forecasts for 2024 have been downgraded due to weak fuel demand from China, the world's top importer,…
US regulator finds banks have work to do on climate risk, sources say
Global stock markets surged on Friday, heading for a fourth straight month of gains, driven by positive U.S.…
Birkenstock misses profit estimates as expansion plan hits margins
Birkenstock missed quarterly profit expectations, with its shares dropping 12% in premarket trading.
The…
China will not impose anti-dumping measures on EU brandy, for now
Beijing has decided not to impose provisional tariffs on European Union brandy despite finding that it was sold…
Exclusive: US government funding yielded hundreds of patents for China-based…
Research funded by the U.S. Defense Department, NASA, and other government agencies has resulted in over 1,000…