Nvidia may back $250b for OpenAI data centre
REUTERS
28 July 2026, 00:00 AM Global Economy
Chinese chipmaker CXMT soars 500% on stock debut
AFP, Shanghai
28 July 2026, 00:00 AM Global Economy
China industrial profits grow, but pace slows
REUTERS, Beijing
28 July 2026, 00:00 AM Global Economy
Oil prices sink as US-Iran pause fuels fresh Hormuz hopes
AFP, Hong Kong
27 July 2026, 11:59 AM Business
This wave of Trump tariffs is likely here to stay; more are coming
REUTERS, Washington
27 July 2026, 00:00 AM Global Economy

Amazon, Facebook, Twitter drop plans over Covid concern

Amazon Inc, Facebook parent Meta Platforms Inc, Twitter Inc and Pinterest Inc all said on Tuesday they will not send teams to the Consumer Electronics Show (CES) in Las Vegas next month as concerns grow about the Omicron coronavirus variant.
22 December 2021, 18:00 PM

Sony, Zee finalise India merger

Sony’s India unit finalised merger plans with local broadcasting giant Zee Entertainment on Wednesday in a deal that may yet be blocked by fierce opposition from a disgruntled US investor.
22 December 2021, 18:00 PM

China will be able to keep economic growth stable

China has the confidence, condition, and ability to keep economic growth at a reasonable level, a senior state planning official told the Xinhua News Agency.
22 December 2021, 18:00 PM

Weak winds worsened Europe’s power crunch

Wind speeds were milder than usual in Europe this year, so windmills across the bloc generated less electricity which worsened a crunch that sent power prices to record highs as utilities had to buy more coal and scarce, costly, natural gas.
22 December 2021, 18:00 PM

Japan enacts record extra budget to boost virus-hit economy

Japan’s parliament enacted a record supplementary budget worth over $300 billion on Monday as part of measures to bolster the world’s third largest economy as the pandemic threat drags on.
21 December 2021, 18:00 PM

Businesses fret as South Korea reimposes Covid curfews

As clocks struck 9 pm this week, customers packed up and left restaurants and other eateries across South Korea as a reimposed curfew designed to help stem a surge in coronavirus infections sparks fears of economic disaster for some businesses.
21 December 2021, 18:00 PM

Sri Lanka hikes fuel prices as economic crisis worsens

Sri Lanka raised fuel prices Tuesday and warned of possible petrol rationing with importers struggling to pay for oil, in a worsening economic crisis that has also sparked food shortages.
21 December 2021, 18:00 PM

China cuts interest rate for first time in 20 months

China’s central bank cut a key interest rate on Monday for the first time in nearly two years in a bid to kickstart growth in the world’s number two economy as it creaks under the impact of a real estate crisis and coronavirus flare-ups.
20 December 2021, 18:00 PM

Biden’s electric vehicle push hits setback in US Senate

A bid by the White House to dramatically boost electric vehicle tax credits hit a major roadblock on Sunday when a key Senate Democrat said he would not support a $1.75 trillion domestic investment bill.
20 December 2021, 18:00 PM

Omicron uncertainty prompts WEF to delay Davos summit

The World Economic Forum (WEF) on Monday postponed its annual meeting in Davos due to the spread of the Omicron coronavirus variant, putting off the event scheduled for January until mid-2022.
20 December 2021, 18:00 PM

NGO files manslaughter charges over drowned migrants in Channel

A humanitarian association has filed manslaughter charges against high-ranking French and British officials for failing to help 27 people who drowned in November trying to cross the English Channel.
20 December 2021, 18:00 PM

Asian markets tumble

Asian stocks and oil prices sank on Monday on fears about a fresh global surge in coronavirus infections and as the future of US President Joe Biden’s massive social spending bill was thrown into doubt after it lost the crucial vote of a moderate Democrat.
20 December 2021, 18:00 PM

Oil prices sink

World oil prices fell by more than five percent on Monday, as energy demand fears grew over the fast-spreading Omicron coronavirus variant.
20 December 2021, 18:00 PM

Dubai airport fully operational for first time since pandemic

Dubai airport, one of the world’s busiest travel hubs, is fully operational for the first time since the coronavirus pandemic erupted in March 2020, officials said Monday.
20 December 2021, 18:00 PM

Apple seeks dismissal of India apps market antitrust case

Apple Inc has asked India’s antitrust watchdog to throw out a case alleging abuse of market power in the apps market, saying it is too small a player in the South Asian country where Google is dominant, a filing seen by Reuters shows.
19 December 2021, 18:00 PM

Omicron scrambles anew US firms’ in-person aspirations

Major US companies are having to reassess their return-to-office plans and getting tough on vaccine or mask requirements as the Omicron Covid variant looks set to extend pandemic-induced work-from-home culture.
19 December 2021, 18:00 PM

Russia ready to ‘fight’ for space tourism supremacy

After a decade-long hiatus, Russia is relaunching an ambitious bid for dominion over the world’s budding space tourism industry, jostling with zealous billionaires, the United States, and rising China.
19 December 2021, 18:00 PM

End of an era nears for Berlin’s coal stoves

Alban Nikolai Herbst’s Berlin apartment is covered in dust, his precious record collection included, thanks to a coal-powered stove he still uses to heat his home like thousands across the city.
19 December 2021, 18:00 PM

Most Gulf bourses in red on Omicron worries

Most Gulf stock markets fell in early trade on Sunday, responding to a slide in crude prices on Friday as surging cases of the Omicron coronavirus variant raised fears that new restrictions may hit fuel demand.
19 December 2021, 18:00 PM

China to tighten antitrust legal enforcement

China’s antimonopoly bureau will step up legal enforcement against monopolistic behaviour and push forward the amended antimonopoly law to improve the regulatory framework, said Gan Lin, chief of the national antimonopoly bureau.
19 December 2021, 18:00 PM