Business
BusinessIs the K-shaped economy ending? Finance pros weigh in
Finance professionals weigh in on new macro reports indicating a possible decline of the
BusinessEuropean Stocks Rise as Pullback in Oil Lifts Investor Sentiment
European stocks rose on Tuesday after crude‑oil prices fell, easing inflation worries. The rally was led by defensive and cyclical sectors, reflecting the market's sensitivity to energy costs.
BusinessPorsche inks $1.5 billion deal for AI deployment with India’s largest IT services firm Tata Consultancy
Indian IT services giant TCS has secured a $1.5 billion contract to deploy AI for German sports carmaker Porsche.
BusinessHard to See What Can Stop Upward Trend in Yields, BNP Paribas Says
BNP Paribas’ chief economist warns that U.S. Treasury yields may continue to rise, driven by fiscal and inflationary pressures. The surge could increase borrowing costs globally and set expectations for the upcoming Jackson Hole speech.
BusinessIndia Rescues Two of Ship’s 24 Crew Members After Distress Alert
India launched search-and-rescue operations for crew members of cargo ship MV OCEAN WINNER in the Bay of Bengal after receiving a distress alert on Aug. 22.
BusinessNew Zealand Opposition Vows to Restore RBNZ Dual Mandate
New Zealand’s main opposition Labour Party pledged to restore the central bank’s dual mandate if it wins office in the Nov. 7 election, saying price stability and sustainable employment are both essential for a strong economy.
BusinessVingroup Among Vietnam Stocks to Debut on FTSE’s EM Index
Vingroup JSC was added to FTSE
BusinessIndia’s Nuclear Opening Comes With a High Security Bar
India has announced that its nuclear power sector will now accept private and foreign investors. However, all entrants must meet stringent security requirements to protect critical infrastructure.
BusinessAlibaba-Backed Robot Firm Seeks $3 Billion Value in New Funding
Chinese robotics startup Dexmal is seeking a valuation of around 20 billion yuan ($3 billion) in an ongoing funding round, demonstrating strong investor interest in the country’s firms chasing a breakthrough in physical artificial intelligence.
BusinessIndia Readies Big LPG Output Boost as Hormuz Uncertainty Lingers
India is set to significantly increase its domestic LPG production in an effort to mitigate the risks associated with its heavy reliance on imports from the Middle East. The move aims to bolster the country's energy security and reduce its vulnerability to potential supply disruptions amid ongoing t
BusinessChina Plans to Speed Up New Energy Recycling, Waste Rules: CCTV
China is accelerating its efforts to establish a comprehensive system for recycling and reusing wind and solar equipment, aiming to reduce waste and promote sustainability in its rapidly growing renewable energy sector. This move is crucial for the country's transition to renewable energy and has br
BusinessIran rebuffs Trump's claim over Strait of Hormuz amid report of another ship being struck
Iran's deputy foreign minister has rebuffed President Trump's claims over the Strait of Hormuz, amid reports of another ship being struck in the region. The escalating tensions threaten to disrupt global oil trade, with significant implications for the international economy and businesses worldwide.
BusinessRussia's economy has defied the skeptics. Cracks are getting harder to hide
Despite initial predictions of a swift collapse, Russia's economy has shown resilience in the face of international sanctions, but signs of strain are beginning to appear. The country's ability to sustain its wartime efforts is now a growing concern, with potential far-reaching consequences for the