Trump again vowed to block the Japanese plan to take over U.S. Steel
U.S. President-elect Donald Trump reiterated his opposition to the planned takeover of U.S. Steel by Japanese firm Nippon Steel for 15 billion USD ...
Huawei introduces phones with its own operating system
Chinese technology company Huawei launches the first phones with the latest operating system it developed in-house. The company is continuing its push for independence...
US stocks closed mixed today, dollar strengthened
US stocks closed mixed today. The Dow Jones index, which includes shares of thirty leading US companies, lost 0.28 percent today to end trading...
Alibaba Group on the growing trajectory. Its revenues and income increased rapidly
One of the Chinese technology giants is trying to find its way back to the top. Alibaba Group has stepped the upwards trajectory of...
US stocks and the dollar rose sharply in response to the presidential election result
US stocks gained significantly today, with their major indices closing at new record highs. The US dollar also recorded a significant rise, climbing to...
TikTok founder to top Chinese billionaires for the first time
The founder of short video sharing app TikTok, Zhang Yiming, has become the richest man in China with an estimated fortune of $49.3 billion. This...
Mercedes operating profit down 48 percent in the quarter due to China
German luxury carmaker Mercedes-Benz's earnings before interest and tax fell 48 percent year-on-year to 2.52 billion euros. This was mainly due to a weak...
New Game-Changer on the Crypto Playground
Sui, a blockchain token that is gaining popularity and significance within the decentralized finance (DeFi) applications and technology, was listed in the TOP 10...
Morgan Stanley bank boosts quarterly profit by a third to $3.2 billion
US investment bank Morgan Stanley increased its third-quarter net profit by 32 percent year-on-year to USD 3.2 billion. The bank said in its earnings...
Electronics maker Foxconn to build Nvidia superchip assembly plant in Mexico
Taiwanese electronics maker Foxconn will build a factory in Mexico that will be the world's largest plant for assembling Nvidia's GB200 superchips into larger...
