IMF chief Georgieva warns of fiscal risks, urges caution on rate cuts
In recent remarks, IMF Managing Director Kristalina Georgieva emphasized the urgent need for governments worldwide to rebuild fiscal capacity in light of...
Jury awards Apple just $250 in patent case against Masimo despite infringement ruling
In a complex intellectual property dispute, Apple won a partial victory against medical device maker Masimo, with a Delaware federal jury ruling...
Microsoft employees fired for hosting Palestinian memorial event
Nvidia's stock market value briefly touched $3.53 trillion, slightly above Apple's $3.52 trillion
Boeing strike intensifies, suppliers struggle to sustain operations
Boeing’s operations face increased challenges as a workers' strike continues to disrupt production and strain its supply chain. The recent rejection of...
Alibaba’s antitrust dispute leads to $433.5 million settlement
Alibaba Group has agreed to pay $433.5 million to resolve a class-action lawsuit filed by shareholders, which alleged that the company misled...
China raises concerns over U.S. tariffs and sanctions in Washington meeting
During the sixth meeting of the U.S.-China Economic Working Group in Washington, China expressed concerns about U.S. tariffs and sanctions related to...
Apple slips to second place as Nvidia reigns with record AI chip sales
Nvidia briefly dethroned Apple as the world’s most valuable company on Friday, with a market valuation peaking at $3.53 trillion, just surpassing...
China to offer Taliban tariff-free access to its vast construction, energy and consumer sectors
Chinese envoy to Afghanistan says Afghanistan will be provided with zero-tariff treatment for 100% tariff lines; Kabul has also asked to join CPECÂ
Japan signs $1 billion portfolio guarantee with World Bank
Guarantee will free up additional financing to support crucial projects Â
India okays $119m fund for space startups
NEW DELHI: The Indian government on Thursday approved a 10 billion Indian rupee ($119 million) fund for its burgeoning space sector, with...
Rice prices hit record rise as inflation key issue in Japan election
Japan’s capital Tokyo saw inflation dip below 2% in October for the first time since May, indicating a slowdown in consumer price...
Mercedes boosts cost-cutting efforts after profits drop by Half
Mercedes-Benz announced plans to ramp up cost-cutting measures after its third-quarter earnings halved, impacted by reduced demand and increased competition in China....
Japan’s Nikkei leads stock decline with election concerns rising
Global stocks are set to close the week lower as investors await key U.S. economic data, a closely-watched Japanese parliamentary election, and...
EU, China pursue solutions for EV tariff dispute with new negotiations
The European Union and China have agreed to hold additional technical discussions on potential alternatives to new tariffs on Chinese-manufactured electric vehicles....
AI investment propels Microsoft CEO’s compensation to $79M in 2024
Microsoft CEO Satya Nadella’s total compensation increased by 63% in fiscal 2024, reaching $79.1 million, largely driven by stock awards. According to...