Business Volvo Cars Announces Global Layoffs and Investment Cuts Amid Earnings Drop Volvo Cars, the Swedish automaker owned by China’s Geely Holding, has unveiled a significant cost-cutting initiative in response to ..
Business Higher Tariffs Force Adidas to Hike Prices for U.S. Consumers Adidas, the renowned German sportswear giant, announced on Tuesday that it plans to raise prices on all of its ..
Business Euro Zone Faces Economic Crosswinds as German Spending Meets U.S. Trade Barriers The euro zone faces a challenging economic landscape as the International Monetary Fund (IMF) warns that German fiscal stimulus ..
Business China’s Economic Support Plans Fail to Lift Markets, India Shines Asia-Pacific markets exhibited mixed trends on Monday as investors weighed China’s plans to support its domestic economy and developments ..
Business China’s Industrial Profits Recover Amid Economic Strain China’s industrial sector has shown a surprising recovery in the first quarter of 2025, with profits growing year-on-year for ..
Business Tariffs, Trade Wars, and iPhones: Why India Won’t Solve Apple’s Woes In a globalized economy where supply chains span continents, the shifting tides of trade policy and geopolitical tensions are ..
Business Tech Market Woes Erode Norway’s Sovereign Wealth Fund by $40 Billion The world’s largest sovereign wealth fund, managed by Norges Bank Investment Management, has reported a staggering $40 billion loss ..
Business Beijing’s Message to Washington: Cancel Tariffs or No Talks In a statement that underscores the growing strain in U.S.-China economic relations, China’s Ministry of Commerce confirmed there are ..
Business German Tech Giant SAP Tops Q1 Forecasts, Shares Up 10% The recent first-quarter earnings report from SAP, the German software giant, offers a masterclass in resilience and adaptability in ..
Business Apple and Meta Penalized: How the EU is Reshaping Digital Competition The European Union’s decision to impose substantial fines on two of the world’s largest tech companies, Apple and Meta, ..