Keywords: Market
German automotive manufacturers experienced another difficult quarter in China, with Volkswagen, Mercedes-Benz and BMW reporting significant declines in vehicle sales as competition from domestic brands intensified in the world's largest automobile market. The latest figures highlight the mounting......
Portugal's centre-right minority government has launched a major housing reform aimed at liberalising the rental market, accelerating eviction procedures and bringing forward the end of rent control measures. The initiative, announced by Housing Minister Miguel Pinto Luz, is designed to restore......
Chinese online fast-fashion giant Shein has received approval from Chinese regulators to proceed with a long-awaited initial public offering (IPO) in Hong Kong, marking a major step toward a potential stock market debut after previous attempts in other financial centres failed. The China Securities......
South Korean memory chip manufacturer SK Hynix has secured $26.5 billion ahead of its Wall Street debut, marking one of the largest capital raises ever completed before a stock market listing. The company announced on Friday that it had priced the shares to be offered in its U.S. listing later in the......
Morocco’s dairy market has been thrust into the spotlight after reports that Centrale Danone implemented new price increases on several of its dairy products beginning July 7, prompting widespread criticism and fueling renewed calls for a consumer boycott. According to pricing lists circulated......
The number of Americans applying for unemployment benefits declined last week, offering fresh evidence that the U.S. labor market remains resilient even as hiring activity continues to moderate. According to new data released by the United States Department of Labor, initial claims for state unemployment......
China is set to include semaglutide, a GLP-1 medication used in diabetes care, on its national essential medicines list, a move aimed at improving access to advanced treatments across the country. The decision, announced by Chinese authorities on Thursday, will require public hospitals to prioritize......
German software giant SAP has avoided a possible European Union antitrust fine after agreeing to changes designed to make it easier for customers to switch service providers or terminate contracts, EU competition regulators announced on Thursday. The European Commission said SAP’s commitments......
Chinese electronics manufacturer Luxshare, a key supplier to Apple, raised approximately $3.1 billion in its Hong Kong initial public offering (IPO) on Thursday, despite its shares falling around 3% during their market debut. The listing represents the largest IPO in Hong Kong so far this year, underscoring......
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