Keywords: Global
Swedish automotive safety supplier Autoliv, the world’s largest producer of airbags and seatbelts, reported a stronger-than-expected performance in its first-quarter results, with adjusted operating profit declining less than analysts had forecast. The company said that its performance during......
A group of senior policymakers and economists has renewed concerns about the long-term strength of the US dollar as the world’s primary reserve currency, pointing to shifting capital flows, policy risks, and weakening global confidence. Janet Yellen, speaking at an investment summit hosted by......
German automaker Audi has announced an expansion of its collaboration with Chinese partner SAIC Motor, aiming to develop a new generation of vehicles tailored specifically for the Chinese market. The strengthened partnership will focus on producing future models under a jointly developed brand, with......
The world’s largest oil and gas companies, along with major producing states, are on track to generate an additional $234 billion in profits by the end of 2026 if crude prices remain around $100 per barrel. The projection, based on data from Rystad Energy, reflects how the conflict linked to Iran......
A potential escalation of conflict involving Iran could drive an additional 60 million people into acute food insecurity, according to World Bank chief economist Indermit Gill. The warning comes as global economic shocks from the conflict begin to ripple across energy, agriculture, and trade systems. Gill......
Satellite internet service Starlink is experiencing rapid global expansion, with user numbers and app downloads rising sharply in recent months. The growth comes as its parent company, SpaceX, is reportedly preparing for a potential public market debut. According to industry estimates, Starlink has......
Financial authorities across Europe, the United Kingdom, and the United States have begun coordinated assessments of cyber risks linked to a powerful new artificial intelligence model developed by Anthropic. The system, known as Mythos Preview, has demonstrated the ability to identify and exploit previously......
The Bank of New York Mellon (BNY) reported an increase in first-quarter profit on Thursday, supported by strong fee income and higher interest revenues, according to its latest financial statement. As the world’s largest custodian bank, BNY benefits significantly from managing and safeguarding......
Volkswagen is bracing for a potential downturn in the world’s largest auto market, with its China chief warning that passenger car sales could decline for the first time since 2018. Ralf Brandstätter said even flat sales would represent the best-case scenario for 2026, following about 24 million......
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