China’s industrial sector reported a stronger rebound in April, as state data revealed that profits among large manufacturers rose 3.0 percent year-on-year that month, accelerating from a 2.6 percent gain in March. For the January-April period overall, industrial profits increased… Read More ›
The Bank for International Settlements (BIS) has sounded a stark warning to governments worldwide: the relentless buildup of public debt is no longer sustainable now that the era of ultra-low interest rates is over. In a speech delivered at a… Read More ›
The European Union has formally warned fast-fashion giant Shein that it risks substantial fines unless it swiftly remedies a range of consumer protection violations. In a sharp escalation of regulatory scrutiny, the European Commission and the network of national consumer… Read More ›
At a ceremony in Norrköping this weekend, Nvidia’s co-founder and chief executive officer, Jensen Huang, gave high praise to U.S. President Donald Trump’s initiatives aimed at revitalising American manufacturing, describing them as “visionary” and critical to the future of technology…. Read More ›
President Donald Trump’s recent threat to slap a 25% tariff on imported iPhones has reignited the debate over domestic manufacturing in the United States. However, despite the political pressure, industry experts and insiders believe the idea of shifting iPhone production… Read More ›
When President Donald Trump announced plans to impose a sweeping 50% tariff on all European Union imports beginning June 1, Brussels responded swiftly and in unison: trade must be conducted in good faith, not under the threat of punitive levies…. Read More ›
Economic optimism in the euro zone has been dealt a severe blow as a surprising downturn in the services sector eroded hopes of a broad-based rebound. After a prolonged stretch of modest expansion, fresh survey data reveal that Europe’s dominant… Read More ›
As U.S.-China trade tensions linger, Beijing has redirected its diplomatic focus beyond one-on-one negotiations with Washington, championing a multilateral approach to stabilize global trade and safeguard its economic interests. At a high-profile meeting of the World Trade Organization’s (WTO) General… Read More ›
U.S. stocks dropped sharply and the dollar slipped as Wall Street grew increasingly uneasy over President Trump’s proposed tax-cut plan, which many fear could exacerbate the nation’s fiscal deficits and unsettle financial markets. Equity benchmarks tumbled in early trading, while… Read More ›
At the recent “Choose France” summit held at the Palace of Versailles, France unveiled a significant achievement: securing €20 billion in new investments. This development underscores the summit’s pivotal role in bolstering France’s economic landscape and reinforcing its position as… Read More ›
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