Canada’s manufacturing activity took a hit in January, falling to $68.7 billion as the automotive sector experienced a sudden slowdown. A 3% monthly decrease in overall sales reflected the quietest …
In a deal unlike any other in American business history, the Trump administration is reportedly set to collect $10 billion from investors who took over TikTok’s US operations. The payment, …
Asian equity markets ended the week on a weak note as geopolitical tensions kept investors cautious. The ongoing conflict involving Iran and its regional rivals has driven oil prices close …
Honda Motor Co. has forecast its first annual loss in nearly 70 years as a publicly listed company after announcing a major restructuring of its electric vehicle business. The Japanese …
The rapid rise of Chinese startup DeepSeek has drawn global attention after the company released a powerful open-source large language model. The system offers capabilities similar to leading international AI …
Chinese Vice-Premier He Lifeng is set to head to France to participate in the sixth round of economic and trade consultations with the United States. The visit will take place …
The global fashion giant Inditex has officially increased its dividend payout by 4%, securing a record-breaking €3.23bn for its founder, Amancio Ortega. This financial milestone follows a “robust operating performance” …
Official figures released on Friday show the UK economy unexpectedly flatlined at the beginning of the year, undermining the government’s efforts to kickstart national growth. The 0% GDP reading for …
HSBC Chief Executive Georges Elhedery has signaled that his sweeping reform of Europe’s largest bank is nearly finished, coinciding with a record $3.9bn bonus payout for staff. Elhedery’s personal compensation …
In a bid to curb rising inflation at the pump, the United States has granted a one-month reprieve for buyers of Russian-origin oil currently stuck in maritime transit. The Treasury …