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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…
Zuckerberg says Biden administration pressured Meta to censor COVID-19 content
Meta CEO Mark Zuckerberg has stated that senior officials from the Biden administration pressured his company to…
Canada to impose 100% tariff on Chinese EVs, including Teslas
Canada has announced plans to impose a 100% tariff on imports of Chinese electric vehicles (EVs) and a 25% tariff…
UBS Wealth Management raises odds of U.S. recession to 25% from 20%
UBS Global Wealth Management has increased the likelihood of a U.S. recession to 25% from 20%, pointing to a…
US to award HP $50 mln for semiconductor tech project
The U.S. Commerce Department announced plans to award $50 million to HP to expand and modernize its existing…
Morning Bid: Rate-cut hopes meet Mid-East risks
Jerome Powell, U.S. Federal Reserve Chair, hinted at a potential interest rate cut in September during his speech…
Fed’s shift to job market risks is done; now policy has to catch up
The Federal Reserve is navigating a delicate situation as today's interest rate of 5.25%-5.50% is seen as…
Darkening global outlook, central bank pivots signal more turbulence
At the annual Jackson Hole conference, global policymakers highlighted the shifting focus of central banks from…
Nvidia Q2 sales likely to double, even a slight miss may hurt shares
Nvidia is set to report its second-quarter earnings on Wednesday, with expectations that revenue will more than…
We support NDC’s fixed rate proposal on imports – Abossey Okai Spare Parts Dealers
Ireland has donated €200,000 to the World Trade Organization's (WTO) Standards and Trade Development Facility…
Grocery stores boost political donations even as Democrats take aim
Political donations from major food companies to Democratic lawmakers have risen in the current congressional…
TikTok announces industry-first sub-Saharan Africa Safety Advisory Council
TikTok is strengthening its safety initiatives in Sub-Saharan Africa by launching its first Safety Advisory…
Shares gain, dollar subdued as Fed readies rate cuts
European stocks saw a slight rise on Thursday, with the STOXX 600 index gaining 0.3%, supported by retail stocks.
…
Euro zone business activity gets boost from Olympics, PMI shows
Euro zone business activity showed unexpected strength in August, with the composite PMI rising to 51.2 from…