Economy
Trade delegations from China and the United States are set to meet in South Korea next week for high-level economic discussions, according to Chinese state media. The talks will take place on Tuesday and Wednesday and will focus on mutual trade issues between the two largest economies in the world,......
Uber has agreed to acquire Voi Technology, a Stockholm-based Swedish company operating shared electric scooters and bicycles, for 1.2 billion dollars in the largest investment the ride-hailing giant has made in European micromobility to date. The deal would integrate Voi's fleet of more than 100,000......
President Donald Trump issued a new ultimatum to the European Union on Thursday, demanding that the bloc ratify the trade framework reached last summer by July 4, the 250th anniversary of American independence, or face an increase in tariffs. The announcement came a day after a phone call with European......
Global asset manager BlackRock reported a decline in the valuation of its private credit portfolio, the BlackRock TCP Capital Corp, during the first quarter of 2026, reflecting ongoing pressures in parts of the credit market. According to its latest financial disclosure, the fund’s net asset value......
New unemployment claims in the United States increased slightly last week but remained lower than economists had expected, suggesting that the American labor market continues to show resilience despite economic uncertainty and layoffs in some industries. According to data released by the U.S. Labor......
Major United States airlines experienced a sharp increase in operational costs in March, driven mainly by rising jet fuel prices. According to recent transportation data, carriers collectively spent just over $5 billion on fuel during the month, marking an increase of approximately 56% compared to February.......
Global debt has reached a new record of nearly $353 trillion, highlighting ongoing financial imbalances and shifting investor behavior, according to a new report from the Institute of International Finance (IIF). The report indicates that, while global borrowing continues to rise, investors are gradually......
Eli Lilly and Company has announced a new $4.5 billion investment in its manufacturing operations in the state of Indiana, reinforcing its long-term commitment to expanding production capacity in the United States. Major expansion in Indiana The additional funding will be allocated across two of the......
Michael Saylor told investors on Tuesday that Strategy could sell Bitcoin under certain conditions, marking a notable departure from the company's long-standing accumulation-only posture. The comments came during a first-quarter 2026 earnings call that revealed a net loss of $12.54 billion, driven......
Citigroup is expected to present updated medium-term profit targets during its upcoming investor day on Thursday, according to CEO Jane Fraser. The announcement will highlight the bank’s ongoing transformation, aimed at improving efficiency, reducing costs, and increasing revenues. Strategic restructuring......
The global aviation sector is reeling from a jet fuel crisis triggered by the US-Iran conflict, forcing airlines to cancel tens of thousands of flights, impose fuel surcharges, and in the case of Spirit Airlines, shut down operations entirely. Against this backdrop, Emirates announced on Sunday that......
Bitcoin entered May under quiet but measurable strain. After a rally that carried the cryptocurrency from $74,000 to $78,000 between mid and late April, on-chain data from Binance now points to fading momentum, with five consecutive days of net stablecoin outflows draining liquidity from the world's......
German officials tasked with identifying vulnerabilities in American supply chains have singled out potash, a critical agricultural input that the United States imports in overwhelming quantities, as a potential pressure point in any future confrontation with the Trump administration. The analysis forms......
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