U.S. Treasury Secretary Janet Yellen is currently undertaking a five-day visit to China, during which she expressed apprehension to Chinese officials on Friday regarding state subsidies that contribute to manufacturing overcapacity in sectors such as electric vehicles, solar panels, and ...

European markets concluded the week on a downtrend as investors wrapped up a tepid first trading week of the new quarter. Delivery Hero’s shares concluded 3% lower following reports that activist investor Sachem Head had acquired a 3.6% stake in ...

The depreciation of vehicles once they leave the dealership lot is a well-known phenomenon, but electric vehicles (EVs) are taking this to another level, posing a significant hurdle to wider adoption, according to industry and investment experts. A recent study ...

Samsung Electronics has announced a significant surge in profits for the first quarter of 2024, expecting a remarkable tenfold increase compared to the same period last year. This surge is attributed to the recovery of chip prices following a post-pandemic ...

In a startling revelation, Balinese woman Nih Lu Putu Rustini was confronted with a shocking discovery late last year when she attempted to withdraw cash from an ATM to finance a renovation project at her family’s ancestral home. Despite diligently ...

During a week-long crackdown on business crime last month, police apprehended 25 individuals in efforts to curb offenses, with approximately 250 firms receiving visits from Cambridgeshire Police to provide guidance. Charges were pressed against individuals for various crimes including shoplifting, ...

Meta, the parent company of Facebook and Instagram, has initiated the removal of news publishers from its platforms in select markets, a move that could potentially impact brands, influencers, and users alike. This action follows Meta’s decision last August to ...

Boeing has paid Alaska Air $160 million (£126 million) to address the losses incurred by the airline following a significant mid-air incident in January. Alaska Air stated that the funds would cover the profits lost during the first quarter of ...

Johnson & Johnson announced on Friday its agreement to acquire Shockwave Medical for $12.5 billion, a move aimed at expanding its range of medical devices for treating heart diseases. With this acquisition, J&J gains access to a groundbreaking device that ...

On Friday, a senior trade ministry official announced that Indonesia is in the process of evaluating regulations aimed at limiting imports of over 3,000 products. This evaluation follows concerns from various industries that the rules may disrupt the domestic supply ...