Sri Lanka restores fuel subsidy as inflation spikes
6 HOUR(s)
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Global Economy
Visa joins growing alarm over AI-powered risks
6 HOUR(s)
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Global Economy
ADB to give Modern Syntex $50 million for polyester chips project
29 September 2026
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Business
ACI to invest Tk 60 crore in fruit drinks buisness
29 September 2026
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Business
Where will Fed tightening hit hardest in Asia?
29 September 2026
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Global Economy
Oil gains over 2%
29 September 2026
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Global Economy
Global AI trade could revive after recent pullback
29 September 2026
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Global Economy
Oil prices spike after Trump rejects Iran truce offer
28 September 2026
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Business
White House releases list of products US, China could tax less
28 September 2026
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Business
AI challenges fuel trading’s old guard
28 September 2026
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Global Economy
Adani dollar bonds tumble after US bribery charges
US authorities said on Wednesday that Adani Group Chairman Gautam Adani and seven other defendants agreed to pay about $265 million in bribes to Indian government officials.
21 November 2024
Inditex boosts fast fashion flights from India to avoid shipping delays
Zara owner Inditex has sharply increased its use of air freight to bring clothes from factories in India to its logistics hub in Spain to avoid shipping delays, according to trade data, industry experts, and investors.
20 November 2024
Nokia wins 'multi-billion' dollar deal in India
Sources familiar with the talks told Reuters last month Nokia and Bharti were nearing a deal worth several billion dollars to expand Bharti's network in India.
20 November 2024
UK annual inflation jumps on higher energy bills
The Consumer Prices Index reached 2.3 percent from a three-year low of 1.7 percent in the 12 months to September, the Office for National Statistics said in a statement
20 November 2024
Bitcoin breaches $94,000 for the first time
It was last at $92,104 in Asian hours on Wednesday, having touched a record high $94,078 just toward the end of the previous session.
20 November 2024
IMF, Ukraine, reach agreement on $1.1 bn loan disbursement
The swift agreement, which comes just over two months after the last one, will provide Ukraine with a large injection of funds amid Russia's ongoing assault on the country, which entered its 1000th day on Tuesday.
20 November 2024
Trump names China hawk Howard Lutnick as US commerce secretary
Lutnick will also lead the country's tariff and trade agenda, with "additional direct responsibility for the Office of the United States Trade Representative," Trump said in a statement.
20 November 2024
Tata seals deal for iPhone plant in Tamil Nadu
India’s Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron’s only iPhone plant in India, forming a new joint venture that strengthens Tata’s position as an Apple supplier, two sources told Reuters.
19 November 2024
US to call for Google to sell Chrome browser
The US will urge a judge to make Google-parent company Alphabet sell its widely used Chrome browser in a major antitrust crackdown on the internet giant, according to a media report Monday.
19 November 2024
UK and India to resume stalled free trade talks
Britain and India will resume stalled talks to agree a free-trade deal, the two countries said after their leaders met at the G20 summit in Brazil.
19 November 2024
Boeing announces almost 2,200 layoffs at historic sites
Boeing intends to cut almost 2,200 jobs in the US state of Washington, which is home to many of its oldest factories, according to a statement released Monday.
19 November 2024
Can the Trump-Musk 'bromance' last?
Can the bromance between the world's wealthiest man and the soon-to-be US president survive some major policy differences and their own combustible personalities?
19 November 2024
Is AI’s meteoric rise beginning to slow?
A quietly growing belief in Silicon Valley could have immense implications: the breakthroughs from large AI models -– the ones expected to bring human-level artificial intelligence in the near future –- may be slowing down.
18 November 2024
Tata seals deal with Pegatron for iPhone plant in India's Tamil Nadu, sources say
Tata will hold 60 percent and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support
18 November 2024
Japan’s economy slows in Q3
Japan’s economy expanded by an annualised 0.9 percent over the July-September quarter, government data showed on Friday, slowing from the previous three months due to tepid capital spending though an unexpected pickup in consumption added a bright spot.
17 November 2024
India’s forex reserves fall for sixth week
India’s foreign exchange reserves dropped for a sixth consecutive week to a near 3-month low of $675.65 billion as of Nov. 8, data from the Reserve Bank of India (RBI) showed on Friday.
17 November 2024
US firms bullish on China’s industrial transformation
China’s ongoing transformation and upgrade of traditional industries, coupled with the expansion of emerging sectors, will offer manufacturers in the United States vast opportunities for growth and commercial engagement, said executives of US corporations.
17 November 2024
Elon Musk's political rise stirs hopes for banks that financed his X purchase
Some of the lenders in the consortium, which included Morgan Stanley and Bank of America, think Musk's emergence as a close aide to Republican President-elect Donald Trump could boost the prospects of X
17 November 2024
EU sees eurozone growth ticking up in 2025 but risks loom
The European Commission on Friday predicted economic growth to pick up slightly and inflation to keep falling in the eurozone next year, while warning of growing risks linked to geopolitical tensions.
16 November 2024
UK economy slows, hits govt’s growth plans
Britain’s economy grew less than expected in the third quarter, official data showed Friday, dealing a blow to the Labour government that has set its sights on growth expansion.
16 November 2024