On Tuesday, Foxconn, the world’s largest contract chipmaker, said it expects the second half of this year to be “in a better direction” since COVD-19 lockdown appears to be easing in Shanghai. “We are quite confident in the stability of… Read More ›
In a significant development Turkish President Tayyip Erdogan said, Ankara cannot allow countries that support terrorism to in NATO, in reference to Finland and Ankara’s bid to join the military alliance. “For as long as Tayyip Erdogan is the head… Read More ›
Efforts by Bern to refresh free trade agreement with China have hit roadblocks stemming from China’s dismal human rights record. In 2013, both countries had signed a free trade agreement, marking Beijing’s first such deal with an economy in continental… Read More ›
In a statement German Economy Minister Robert Habeck expressed concerns over the European Union’s unity on Russia, saying he is seeing signs that they are “starting to crumble”. Habeck made the comments ahead of a summit to discuss an oil… Read More ›
Uber’s proposed acquisition of Delivery Hero marks another milestone in the rapid consolidation of the global food delivery industry, underscoring how scale has become the defining competitive advantage in a business once characterised by aggressive expansion and fragmented regional players…. Read More ›
The European Union is preparing one of its most ambitious energy transitions yet by proposing to double the role of electricity in the bloc’s overall energy consumption by 2040. According to a draft European Commission proposal, electricity would account for… Read More ›
The sharp reversal in SpaceX’s share price following its record-breaking stock market debut has created one of the most profitable opportunities for short sellers in recent years, illustrating how rapidly market sentiment can shift after even the most celebrated initial… Read More ›
Australia is preparing to strengthen regulatory oversight of the country’s largest accounting firms after a series of governance failures exposed weaknesses in the way the audit profession is supervised. The government has directed the Australian Securities and Investments Commission (ASIC)… Read More ›
The prolonged absence of Iran’s Supreme Leader Mojtaba Khamenei from public view is emerging as more than a personal or security issue. It is increasingly becoming a political challenge for the Islamic Republic itself, exposing the tension between the state’s… Read More ›
The rapid rise of artificial intelligence has transformed global technology investment, fueling an unprecedented race to build advanced data centers, expand computing capacity and secure high-performance semiconductor supplies. Recent volatility in AI-related stocks has sparked fresh debate over whether the… Read More ›
For decades, the discovery of a Tyrannosaurus rex skeleton represented one of palaeontology’s greatest scientific achievements. Today, however, the world’s rarest dinosaur fossils are increasingly becoming multimillion-dollar collectibles, attracting wealthy buyers willing to pay prices that most museums cannot match…. Read More ›
A developing El Niño weather pattern is increasingly being viewed not only as a climate event but also as a major economic risk capable of reshaping global food markets for years. Economists, climate scientists and commodity analysts warn that an… Read More ›
Investor enthusiasm surrounding artificial intelligence is increasingly influencing the direction of global capital markets, extending far beyond technology stocks into broader investment strategies. Recent fund flow data indicates that global equity funds attracted their strongest weekly inflows in several weeks… Read More ›
China’s automotive market is undergoing one of the most significant transformations in its history, and the latest sales figures from German manufacturers illustrate how rapidly the competitive landscape has changed. Sharp declines in second-quarter deliveries for Volkswagen, BMW and Mercedes-Benz… Read More ›
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