In April, U.S. business activity eased to a four-month low due to weakened demand, while inflation rates saw a slight decrease despite sharp rises in input prices. These developments suggest potential relief ahead, as the Federal Reserve seeks indications that ...
Eos Energy Enterprises, Inc. (NASDAQ: EOSE), a prominent provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, has offered an update on the objectives outlined in the December 2023 Strategic Outlook, along with its preliminary first-quarter results. The ...
Express, a longtime staple in malls, has filed for Chapter 11 bankruptcy protection in Delaware federal court on Monday. However, a consortium led by brand management firm WHP Global aims to rescue the company through acquisition. Express plans to close ...
New York Judge Arthur Engoron has given the green light to a new agreement reached on Monday between Donald Trump’s legal team and state Attorney General Letitia James. This agreement aims to strengthen the $175 million bond that Trump had ...
Malaysia has ambitious plans to establish Southeast Asia’s largest integrated circuit design park, with a range of incentives aimed at attracting global tech companies and investors, the government announced on Monday. These incentives include tax breaks, subsidies, and visa exemption ...
In Monterrey, Man Wah Furniture’s factory churns out reclining armchairs and plush leather sofas, proudly stamped with the label “Made in Mexico”. Despite its Chinese origins, the company has invested in Mexican manufacturing, catering to major U.S. retailers like Costco ...
Village shop owners are raising concerns over Tesco’s pricing strategies, alleging that the supermarket chain consistently sells products at lower prices in its stores compared to its wholesale business, Booker. This disparity has reignited worries about Tesco’s dominance in the ...
Tesla shares experienced a decline in premarket trading on Monday, while China’s Li Auto saw a sharp drop to an 11-month low following the announcement of reduced prices for their electric vehicles in several markets, reflecting heightened competition. The U.S.-based ...
Asia-Pacific markets bounced back from Friday’s downturn as investors await key data releases from China, Japan, and South Korea this week. The regional markets experienced a sharp decline on Friday following Israel’s strike at Iran, leading to a drop in ...
Investors have been closely watching for potential intervention in the Japanese yen, but recent statements have sparked discussions about the possibility of “coordinated intervention” involving South Korea as well. The Japanese yen has been trading near 34-year lows against the ...