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 ›
Novo Nordisk is increasingly relying on artificial intelligence and its expanding India operations to dramatically shorten drug development timelines as the Danish pharmaceutical giant races to maintain momentum in the highly competitive obesity treatment market. The company’s strategy reflects a… Read More ›
Japanese companies are increasingly turning toward artificial intelligence-powered robots as the country confronts mounting labor shortages, demographic decline, and intensifying global competition in advanced manufacturing technologies. A recent corporate survey indicating that roughly one in three Japanese firms are either… Read More ›
OpenAI chief executive Sam Altman’s latest remarks suggesting that artificial intelligence may not trigger the large-scale collapse of white-collar employment once feared mark a significant shift in one of the most closely watched debates surrounding the future of work. As… Read More ›
Iran appears to be gradually softening its position over the Strait of Hormuz as mounting military pressure, economic vulnerability, and diplomatic negotiations reshape the balance of power surrounding one of the world’s most strategically critical waterways. Comments from former CIA… Read More ›
Europe’s attempt to reduce its dependence on American payment giants is increasingly becoming a test of whether the European Union can build genuine financial sovereignty without triggering conflict between central banks, commercial lenders and private payment firms whose business interests… Read More ›
The recent halt in global equity fund inflows after nearly two months of sustained buying is increasingly being interpreted by investors as more than a temporary market pause. The reversal reflects a deeper shift underway across global financial markets as… Read More ›
Mexico and the European Union are moving to formalise a long-delayed trade agreement at a moment when both economies are increasingly reassessing the risks of excessive dependence on the United States. What was once treated largely as a technical expansion… Read More ›
Lower-cost oral weight-loss medications from Novo Nordisk and Eli Lilly are beginning to alter the rapidly expanding obesity treatment market, with doctors reporting that more patients are moving away from compounded alternatives and turning toward branded pharmaceutical products as pricing… Read More ›
Japanese automobile exports to the Middle East collapsed in April as conflict-linked shipping disruptions around the Strait of Hormuz severely affected one of the global auto industry’s most important export corridors, exposing how geopolitical instability is beginning to reshape supply… Read More ›
A sustained shift among British consumers toward eating at home rather than dining out is emerging as one of the most important drivers of growth across the United Kingdom’s packaged food sector, helping companies such as Premier Foods and Princes… Read More ›