China floods the world with gasoline cars it can't sell at home

Many Chinese legacy automakers also watched their sales collapse – and responded by flooding the world with fossil-fuel vehicles they couldn't sell at home.
2 December 2025, 06:08 AM

No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says

Expectations for the fourth quarter have been halved, he said, forecasting growth of 1.5% to 2%, with an expected rise in manufacturing jobs to boost the scenario for 2026.
24 November 2025, 06:20 AM

US manufacturing slows in November as high prices curb demand

Relief for manufacturers is unlikely to come soon
23 November 2025, 06:50 AM

Lilly becomes first drugmaker to hit $1 trillion valuation on weight-loss demand

A more than 35% rally in the company's stock this year has largely been driven by the explosive growth of the weight-loss drug market.
23 November 2025, 06:46 AM

Nvidia's strong forecast calms AI bubble jitters, for now

Shares of the AI market bellwether jumped 5% in extended trading
20 November 2025, 10:29 AM

Bitcoin drops below $90,000 in sign of souring mood

The risk-sensitive cryptocurrency has erased 2025 gains
18 November 2025, 07:01 AM

India ships first jet fuel cargo to US West Coast

Castleton Commodities chartered the ship, which is expected to arrive in Los Angeles in the first half of December, multiple shipbrokers said.
17 November 2025, 06:28 AM

India's Adani Power opts for arbitration to settle payment dispute with Bangladesh

The company has been at loggerheads with Power Development Board over pending payments for the electricity
4 November 2025, 03:59 AM

OpenAI signs $38 bn infrastructure deal with Amazon

OpenAI signs seven-year deal with AWS for massive GPU and CPU access
3 November 2025, 16:26 PM

Trump, EU chief to meet today in push for trade deal

EU chief Ursula von der Leyen and US President Donald Trump said Friday they would meet in Scotland this weekend in a decisive push to resolve a months-long transatlantic trade standoff.
26 July 2025, 19:39 PM

UK economy slightly stronger than expected in 2024

Gross domestic product expanded 1.1 percent in 2024, up from an initial estimate of 0.9 percent, the Office for National Statistics (ONS) said in a statement.
29 March 2025, 13:56 PM

WTO chief calls for calm amid mounting trade war

The WTO chief called for calm Friday in the face of a swelling global trade war as US President Donald Trump slaps steep tariffs against friends and foes alike.
8 March 2025, 18:00 PM

China condemns US 'tariff shocks' at WTO

Trump signed executive orders last week imposing new 25 percent tariffs on steel and aluminium, due to come into effect on March 12
19 February 2025, 04:05 AM

KFC shifts US headquarters from Kentucky to Texas

The relocation of about 100 KFC US corporate roles will take place over six months.
19 February 2025, 04:01 AM

Trump unveils 'reciprocal tariffs' plan targeting friends and foes

In particular, he called the European Union "absolutely brutal" in trade ties with Washington.
14 February 2025, 01:44 AM

Trump signs executive orders on steel, aluminum tariffs

"Today I'm simplifying our tariffs on steel and aluminum," Trump said in the Oval Office
11 February 2025, 04:25 AM

Trump launches trade war with tariffs on Mexico, Canada and China

President Donald Trump announced broad tariffs Saturday on major US trading partners Canada, Mexico and China, claiming a "major threat" from illegal immigration and drugs -- a move that sparked promises of retaliation.
2 February 2025, 02:30 AM

Adani Group says it lost nearly $55 bn since US corruption charges

The November 20 bombshell indictment in New York accused billionaire industrialist founder Gautam Adani and multiple subordinates of deliberately misleading international investors as part of the bribery scheme.
27 November 2024, 04:26 AM

How China plans to cut hidden debt in massive shakeup

Hidden debts are defined as borrowing for which a government is liable, but not disclosed to its citizens or to other creditors.
10 November 2024, 04:27 AM

Package deals make a comeback as sun seekers count the cost

The combination of a cost-of-living crisis and disruption from strikes and glitches has added to the appeal of a fixed-price package without unexpected add-on costs and easier redress when things go wrong.
19 August 2024, 07:34 AM