The European Union is set to introduce new reforms aimed at holding ecommerce platforms such as Temu, Shein, and Amazon Marketplace accountable for selling dangerous or illegal goods, especially those imported from
China’s manufacturing sector experienced its longest decline in more than nine years in October, as factory activity continued to falter under domestic and global pressures, Bloomberg reported Friday. The official manufacturing purchasing
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It seems to me indisputably true that gold is a money and it is the money that is least at risk of being devalued and/or confiscated. Here’s why I believe that’s true.
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Reliance Industries Ltd., led by Mukesh Ambani, has announced a major partnership with Google to provide its telecom subscribers with 18 months of free access to Google’s AI pro platform, signaling an
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Recent reports have sparked serious concerns about Sri Lanka’s economic future. The country continues to struggle to recover from its lowest point, and prospects for economic stability remain uncertain. As the National
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by Our Economic Affairs Editor The annual Container Port Performance Index issued by the World Bank yesterday offers a blunt reminder of how fragile, yet indispensable, the global maritime system has become.
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Apple on Tuesday unveiled its slimmest iPhone to date, the iPhone Air, marking the biggest design update in years while keeping prices steady despite global economic pressures. The new smartphone, which measures
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Analysis of World Bank bilateral lending data is leading some observers to conclude that China is no longer a net provider of bilateral credit to the Global South. Repayments and debt servicing
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Japan’s SoftBank has agreed to invest $2 billion in Intel, the troubled US chipmaker, as the Trump administration considers taking its own stake in the company, the Financial Times reports. Under the
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Self-described “Spac King” Chamath Palihapitiya is making a high-profile return to special purpose acquisition companies (SPACs), launching a new blank-cheque vehicle after helping drive the pandemic-era SPAC boom that later fizzled. Palihapitiya,
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Indian refiner Nayara Energy Ltd. has carried out one of its first ship-to-ship fuel transfers since being hit by European Union sanctions, in an apparent effort to maintain exports despite mounting restrictions,
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