Novartis is placing its biggest wager yet on Kisqali, its cell‑cycle kinase inhibitor for breast cancer, aiming to transform the fast‑growing therapy into a true blockbuster. With heart‑failure drug Entresto set to face generic competition next year, the Swiss drugmaker… Read More ›
Strategy
Volvo Reconfigures U.S. Operations with XC60 Production and Model Overhaul to Circumvent Tariffs
Volvo Cars is rolling out a sweeping strategy in the United States designed to blunt the impact of steep import duties imposed under the previous administration’s tariff measures. By localizing production of its top-selling XC60 SUV, paring down underperforming models,… Read More ›
Canberra’s Canola Comeback Signals New Era in Sino‑Australian Trade
Australia is on the cusp of restoring its canola exports to China after a five‑year hiatus, a breakthrough that promises to recalibrate global oilseed markets and deepen agricultural ties between Canberra and Beijing. Under a provisional agreement, Australian growers would… Read More ›
Broad Cost Pressures Drive June’s US Consumer Price Rise
U.S. consumer prices climbed by 0.3 percent in June, marking the largest monthly increase since January and lifting the annual inflation rate to 2.7 percent. While the uptick aligns with forecasts, the underlying drivers point to a confluence of factors—from elevated import… Read More ›
Chinese Corporations Embark on Urgent Nvidia AI Chip Purchases
U.S. technology giant Nvidia is poised to resume sales of its advanced AI processors to China, and domestic firms are moving swiftly to place orders. The sudden rush follows Beijing’s conditional approval of renewed U.S. export licenses and reflects a… Read More ›
Waymo Accelerates as Tesla Gears Up Robotaxi Expansion
Alphabet’s autonomous‑vehicle arm, Waymo, is rapidly scaling up its driverless taxi service across U.S. cities even as Tesla moves to broaden its nascent robotaxi operations. Waymo recently crossed the 100 million fully autonomous miles driven milestone—doubling its total in just six… Read More ›
G20 Watchdog Outlines Climate Risk Roadmap for Global Finance
The Financial Stability Board (FSB), the G20’s dedicated body for safeguarding the international financial system, unveiled a medium‑term climate plan aimed at strengthening coordination, data transparency and forward‑looking risk management across central banks, regulators and market participants. Presented to finance… Read More ›
EU and South Korea Accelerate Trade Talks with Washington to Avert Tariff Fallout
The European Union and South Korea have intensified efforts to negotiate trade agreements with the United States in a bid to head off steep tariffs that President Donald Trump has slated to take effect on August 1. With the specter… Read More ›
Meta Holds Firm on Pay‑or‑Consent Model as EU Enforcement Looms
Meta Platforms has decided against further adjustments to its controversial pay‑or‑consent framework for European users, a choice that virtually guarantees fresh antitrust charges and potentially massive daily fines under the EU’s new Digital Markets Act. Despite warnings from Brussels and… Read More ›
Policy Optimism Fuels Bitcoin Rally as Investors Brace for Legislative Breakthroughs
Crypto markets have ridden a wave of optimism in recent weeks as investors anticipate a raft of regulatory victories out of Washington. With Congress poised to debate key bills aimed at clarifying rules for digital assets, traders have poured fresh… Read More ›