For the first time in 13 years, Japan’s top CEOs have canceled their annual delegation trip to China, underscoring rising economic and political tensions between the two nations, Bloomberg reports
Browsing: business news
China is gearing up to dramatically cut tariffs on essential materials starting in 2026, igniting excitement for boosted trade and deeper economic ties. This bold move is poised to transform global supply chains and unlock fresh opportunities for Mexican exporters
Axia experienced its sharpest decline since 2020, as bold reorganization moves triggered significant financial upheaval. Investor concerns over the shake-up caused the company’s shares to plunge dramatically
Bank of Canada Governor Tiff Macklem Carney cautions that a fresh U.S.-Canada trade agreement is far from imminent, highlighting ongoing economic and political challenges, reports The Globe and Mail
Krafton turbocharges its footprint in India with an impressive $670M fund aimed at fueling gaming and tech startups. This bold leap underscores the company’s unwavering commitment to seizing a larger slice of India’s rapidly evolving market
Argentina’s consumer confidence plunged dramatically in December, underscoring growing economic uncertainty. This steep drop reflects soaring inflation and dwindling purchasing power, dimming household optimism as the year comes to a close
The UK regulator has launched an investigation into WH Smith after uncovering accounting irregularities that significantly impacted the retailer’s reported profits, Reuters reveals. This startling discovery raises urgent questions about the company’s financial management and oversight
Major Western food giants like Starbucks and Burger King are making bold moves, handing over significant stakes to Chinese private equity firms. This strategic shift in ownership highlights their drive to accelerate growth and fully capitalize on the booming local market opportunities in China
Heimstone, the legendary Parisian fashion house renowned for its vintage-inspired creations, is bidding farewell after an incredible nineteen-year journey. Citing financial hurdles and shifting market dynamics, the brand has made the heartfelt decision to close its doors
Fistfights broke out between Chinese officials and staff from PDD, the owner of Temu, during a tense audit, Bloomberg reports. This explosive confrontation highlights the rising tensions amid growing regulatory pressure on China’s e-commerce giants
Netflix is gearing up to acquire Warner Bros., marking a groundbreaking shift in the entertainment world. This bold move promises to transform streaming choices, unlock new content, and revolutionize subscription plans for audiences everywhere
The FTC is probing whether TP-Link misled U.S. consumers about its connections to China, sources told Reuters. This investigation focuses on potential deceptive claims amid growing scrutiny of Chinese tech companies
TikTok is gearing up to invest over $37 billion in a state-of-the-art data center in Brazil, turbocharging local infrastructure and cementing its presence throughout Latin America, Bloomberg reveals. This ambitious leap comes as demand soars and regulatory hurdles grow
Global oil giants are joining forces to challenge the proposed Subsea7-Saipem merger in Brazil, sounding a loud alarm over potential antitrust issues. This formidable alliance warns that the deal could drastically reduce competition in the subsea services market
Euronext N is proud to have signed the Armed Forces Covenant in the UK, demonstrating its deep commitment to honoring and supporting veterans and service personnel. This meaningful milestone underscores the company’s unwavering dedication to social responsibility and creating a positive impact in the community
France’s Economic Activities Court has pushed back its ruling on IKKS to December 12, extending the suspense around the future of this iconic French fashion brand. This move unfolds amid mounting financial pressures as the company faces a tough and ever-changing market environment
China has once again called on the Dutch government to stop the takeover of Nexperia, the semiconductor giant. This move underscores rising tensions over tech dominance and foreign investments, Reuters reports
Iberdrola has kicked off an ambitious takeover bid to seize full control of Brazil’s Neoenergia, aiming to supercharge its presence in Latin America’s rapidly expanding renewable energy market, according to Yahoo Finance
ADNOC’s acquisition of Covestro has just received final regulatory approval in Germany, clearing the path for this thrilling deal to advance. This milestone marks a significant leap forward in ADNOC’s bold journey toward global expansion in the chemical industry
India’s billionaire ranks have surged as Groww shares soared, propelling valuations to new heights and rewarding key stakeholders handsomely. This unexpected surge of market excitement highlights a growing wave of investor confidence in the fintech sector. Bloomberg.com reports




















