The BRICS Business Council has announced plans to establish a logistics hub in the United Arab Emirates (UAE), a decision that could significantly reshape global trade dynamics among its member nations and
AIA Group, the largest insurer in the Asia-Pacific region, reported a record-breaking financial performance in 2024, driven by a surge in new business from Hong Kong and Southeast Asia. The company’s net
More
U.S. President Donald Trump has threatened to impose a 200% retaliatory tariff on alcohol imports from the European Union unless the bloc removes its tariff on American whiskey. The announcement, made on
More
Boston Metal, a pioneering green-steel startup, has taken a significant step toward revolutionizing the steel industry by successfully running its largest reactor yet. The company’s process, which uses electricity rather than coal-based
More
Belgian police have raided the offices of Chinese telecommunications giant Huawei as part of an extensive investigation into alleged corruption involving members of the European Parliament. The probe, initiated by Belgian intelligence
More
Google DeepMind has unveiled a major advancement in artificial intelligence for robotics with its new models, Gemini Robotics and Gemini Robotics-ER. Designed to enhance robots’ ability to adapt to complex real-world environments,
More
Swiss pharmaceutical giant Roche has signed the largest obesity drug licensing deal in history, agreeing to a $5.3 billion collaboration with Danish biotech Zealand Pharma to develop a next-generation weight-loss treatment. The
More
Scopely, the Saudi-owned mobile gaming giant behind Monopoly Go!, has struck a $3.5 billion deal to acquire Pokémon Go and several other games from Niantic, as the San Francisco-based developer pivots toward
More
Sir Richard Branson has expressed his strong desire to launch Virgin Galactic spaceflights from UK soil, a move that has been met with enthusiasm by Spaceport Cornwall officials. Currently operating from New
More
The world’s most valuable technology companies have suffered a staggering market wipeout, with approximately $2.7 trillion erased from the combined valuation of the so-called “Magnificent Seven” in just 50 days. The downturn
More
Spotify announced it paid more than $10bn in royalties to the music industry in 2024, accounting for over 60% of its total revenue of €15.7bn. The company framed the payout as “the
More