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 ›
Ralph Lauren is emerging as one of the strongest performers in China’s premium fashion market, defying a broader slowdown that has weighed on many luxury brands. While the country’s high-end retail sector continues to recover gradually from weak consumer confidence,… Read More ›
Australia’s competition regulator has launched legal action against Amazon’s Australian business, arguing that the company’s handling of advertising on Prime Video raises broader questions about how digital subscription services can alter paid contracts after customers have already committed to them…. Read More ›
France has moved to impose some of Europe’s toughest restrictions on ultra-fast-fashion retailers, reflecting growing concerns over the environmental, economic and consumer impacts of low-cost online clothing platforms. After more than two years of parliamentary debate and revisions aimed at… Read More ›
Ionic Digital is seeking a Nasdaq listing through a direct listing process as the company accelerates its transition from a cryptocurrency mining business into a broader digital infrastructure provider serving both bitcoin mining and artificial intelligence workloads. The move reflects… Read More ›
Britain has unveiled its first comprehensive regulatory framework for cryptoassets, signalling an effort to strike a balance between strengthening consumer protection and encouraging innovation in the rapidly evolving digital asset industry. At the centre of the new framework is a… Read More ›
Europe’s largest banks and trading firms are pushing back against proposals that could tighten regulation of off-exchange equity trading, arguing that market structure reforms should be guided by evidence rather than concerns over shifting trading patterns. Their position highlights a… Read More ›
Iraq is intensifying its campaign for a larger oil production quota within the Organization of the Petroleum Exporting Countries (OPEC), as mounting fiscal pressures and a wave of fresh investment in its energy sector reshape the country’s production ambitions. Officials… Read More ›
The European Central Bank (ECB) believes the euro area’s stronger economic foundations are giving policymakers greater flexibility to respond to inflation shocks without immediately triggering financial instability. The assessment reflects a significant shift in the region’s monetary policy environment, where… Read More ›
A rise in energy-related carbon dioxide emissions in the United States has emerged as one of the most significant developments in the global energy transition, underscoring how fuel prices, electricity demand and energy security concerns can temporarily outweigh long-term decarbonisation… Read More ›
The World Bank is shifting its approach to climate finance by replacing a long-standing lending target with a broader focus on development outcomes, signalling a change in how the institution intends to integrate climate action into its global development agenda…. Read More ›
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