The financial terms of TikTok’s restructuring have come into sharp focus, with the Trump administration set to receive a total of $10 billion from investors who assumed control of the …
Asian stocks dropped on Friday as investors reacted to rising oil prices and geopolitical tensions. The conflict involving Iran has kept crude prices near the $100-per-barrel level. Higher energy costs …
Honda Motor Co. has warned investors it could post its first annual loss since becoming a publicly traded company nearly seven decades ago. The automaker said it expects to record …
Chinese artificial intelligence startup DeepSeek has become one of the most talked-about companies in the global tech sector. Its latest open-source AI model offers advanced capabilities at a lower cost …
Chinese Vice-Premier He Lifeng will visit France to participate in the sixth round of economic and trade consultations with the United States. The meetings are scheduled to take place from …
Amancio Ortega is set to receive a historic €3.23bn dividend this year, the highest ever paid out by Inditex. This record-breaking sum is the result of a 4% dividend increase …
The UK economy failed to expand in January, according to the latest figures from the ONS, which showed 0% GDP growth. The result was significantly worse than the 0.2% growth …
Georges Elhedery, the veteran CEO of HSBC, has announced that his comprehensive turnaround of Europe’s largest bank is almost over. This milestone was marked by the announcement of a $3.9bn …
The United States has issued a temporary 30-day authorization for the purchase of Russian oil currently stranded at sea to prevent a global energy collapse. Announced by Treasury Secretary Scott …
The government’s February inflation report highlights a pre-existing upward trend in essential costs, with consumer prices rising 0.3% in a single month. This data, which puts annual inflation at 2.4%, …