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Fortune 500 firms to see $5.4 bln in CrowdStrike losses, says insurer Parametrix
Fortune 500 companies, excluding Microsoft, are projected to incur financial losses totaling $5.4 billion due to a!-->…
UK business activity picks up after pre-election lull, PMI data shows
British business activity experienced a notable uptick in July, following a lull before the July 4 election,!-->…
Sherwin-Williams raises 2024 profit forecast on upcoming residential demand
Sherwin-Williams increased its full-year earnings forecast and reported a second-quarter profit that exceeded Wall!-->…
Samsung Elec talks with union end without result, union says
Sherwin-Williams increased its full-year earnings forecast and reported a second-quarter profit that exceeded Wall!-->…
Italy seizes 121 mln euros from Amazon unit over alleged tax, labour offences
Italian tax police have seized €121 million from Amazon Italia Transport, a logistics unit of e-commerce giant!-->…
Samsung Elec talks with union end without result, union says
Samsung Electronics and representatives of its largest workers' union in South Korea, currently on strike over pay!-->…
Spotify reports record quarterly earnings, shares jump 14% in premarket trade
Spotify reported a record quarterly profit of 1.11 billion euros, slightly surpassing analyst expectations of 1.07!-->…
Japan’s chief cabinet secretary calls for broad-based wage hikes
Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, has emphasized the importance of extending pay increases to!-->…
China plans low-carbon upgrades for coal power sector
China has unveiled a government plan aimed at significantly reducing carbon emissions from its coal-fired power!-->…
Oil falls on lingering demand concerns in China
Oil prices retreated on Tuesday amid concerns over a slowing Chinese economy impacting demand, despite!-->…
Thailand’s Energy Absolute share prices plunge after resumption of trading
Energy Absolute (EA.BK), a leading Thai renewable energy firm, saw its share prices plummet by nearly 30% during!-->…
Taiwan president thanks Micron CEO for his trust in Taiwan
Taiwan President Lai Ching-te recently expressed gratitude to Micron's Chief Executive Sanjay Mehrotra for the!-->…
Japan households’ inflation expectations heighten, quarterly survey shows
Nearly 90% of Japanese households expect prices to rise in the next year, according to a quarterly Bank of Japan!-->…
US lawmakers raise worries about China in Microsoft deal with Emirati AI firm
Republican lawmakers have requested an intelligence assessment from the Biden administration on Microsoft's $1.5!-->…
Australia to bring anti-scam law targeting internet giants this year, regulator…
Australia plans to introduce a law by the end of the year requiring internet companies to proactively prevent!-->…
Amazon could face probe over treatment of UK grocery suppliers, watchdog says
Britain's grocery regulator has warned Amazon of a possible formal investigation if it does not improve compliance!-->…
AI frenzy takes Taiwan’s TSMC to record peak, puts it in trillion dollar…
TSMC reached a record high in its second-quarter revenue, driven by strong demand for AI applications. The world's!-->…
UK economy improved in May – Report
Britain's economic output grew by 0.4 percent in May, surpassing analysts' expectations of 0.2 percent and!-->…
Spirits set to overtake wine as global drinking habits change
A report by the World Spirits Alliance forecasts that more cases of spirits like vodka and whisky will be sold!-->…
Honeywell to buy Air Products’ LNG unit for $1.81 bln as deal-making spree…
Honeywell announced its fourth acquisition of the year, purchasing Air Products' liquefied natural-gas (LNG)!-->…
Yandex split nears completion as Russian traders finalise share exchange
Russian traders have finalized a share exchange for investors in Yandex, often referred to as Russia's Google,!-->…
Exclusive: Bank of Israel waiting for digital euro ahead of digital shekel launch
The Bank of Israel (BOI) is committed to exploring a digital shekel to enhance the country's payment system and!-->…
Australia Increases Minimum Wage To $915 Per Week For Lowest Paid Workers
The Fair Work Commission (FWC) has announced a 3.75% increase in Australia's minimum and award wages. This change!-->…
Oil companies in Texas restoring operations following hurricane Beryl
Oil and gas companies in Texas are restarting operations after Hurricane Beryl hit the state with 80-mph winds,!-->…
Megacaps, chip stocks lift futures before Powell testimony
U.S. stock index futures rose on Tuesday, driven by gains in megacap technology and semiconductor stocks.
This!-->!-->!-->…
Disney to add new ship in Tokyo to expanding cruise business
Walt Disney (DIS.N) announced plans to launch a new cruise ship from Tokyo in fiscal 2028, adding a ninth vessel!-->…
How a Trump election victory could ruffle Latin American markets
Investors are preparing for various scenarios in case former President Donald Trump wins back the White House in!-->…
DBS CEO says bank hunting for bolt-on deals, not game-changing ones
Asia's wealthy and their bankers are optimistic about a recovery in China, betting that exposure to the region,!-->…
Crypto market turns green, downside risk remains high
The crypto industry is experiencing turbulence due to Bitcoin sales in Germany and concerns over significant!-->…
Australia increases minimum wage to $915 per week for lowest paid workers
Australia’s Fair Work Commission has raised the minimum wage to $915.90 per week, effective from July 1, 2024.!-->…