Business

SoftBank CEO Masayoshi Son's announcement is a boost to the incoming Trump administration, which takes office on January 20, 2025.

The country that gave the world the Sony Walkman, the bullet train and Super Mario is no longer setting the pace in technology, overtaken by Silicon Valley, South Korea and China.

The new transitional government has lifted strict controls on foreign currency trade, leading to a surge in the value of the Syrian pound.

The Egyptian government plans to increase renewable energy's share in its power mix to 42 percent by 2030, from 11.5 percent as of 2023, according to prime minister Madbouly.

Prime Minister Justin Trudeau and 10 provincial premiers held two recent calls to strategise a response to US President-elect Donald Trump's potential 25% tariff on Canadian imports.

Kiev expresses its readiness to supply food to Syria, potentially filling a gap left by disruptions in Russian wheat supplies to the country following the fall of the Assad regime.

Major tech companies aim to mend ties with the incoming president, expressing support for Trump’s economic agenda despite past tensions.

Samsung is under investigation by the Competition Commission of India for allegedly colluding with Amazon and Flipkart to exclusively launch products online, violating anti-trust laws.

India became the largest importer of Russian crude after the European Union imposed sanctions on Russian oil imports in response to the 2022 Moscow-Kiev war.

Türkiye’s data protection authority concludes that converting private Instagram accounts of users under 18 into business accounts breaches the privacy and personal data rights of child users.

Social media platforms with Australian revenues over US$160 million annually will face a tax, unless they voluntarily strike deals with local media companies.

‘We are also trying to strengthen border crossings and markets between the two countries,’ says Turkish Trade Minister.

The International Air Transport Association is predicting a record-breaking year for the airline industry for the next year, with over a trillion dollars in revenue and billions of passengers.

Exports and imports decline at an unprecedented rate since the beginning of the civil war in 2011, while approximately 14.5 million Syrians live in poverty.

TikTok Shop serves as an e-commerce channel for major brands.

The treaty aims to eliminate most import taxes between the EU and Mercosur to create a vast free-trade area with a combined GDP of $21.3 trillion.

Billionaires are relocating more frequently, with 176 having moved country since 2020, with Switzerland, UAE, Singapore and US being popular destinations, says UBS, Switzerland's biggest bank.

New manufacturing orders declined by 1.5 percent month-on-month in October, a sharp reversal from the robust growth recorded in September.

In its latest development update, the financial institution says modest GDP growth of 2.7 percent was driven by private consumption.

Prices have soared more than 50 percent since the tycoon's poll win — and around 134 percent since the turn of the year.

Despite President Biden's repeated pledges to be "all in on Africa", US influence in Africa has declined during his term in office.

A year after France's top court acknowledged systemic racial profiling, discriminatory practices persist, disproportionately targeting Black and Arab communities.

Kathmandu and Beijing signed an initial deal in 2017 for President Xi Jinping's Belt and Road Initiative.

Europe’s largest economy is under unprecedented strain as it faces headwinds on multiple fronts. Can it adapt and secure its global standing?

Data shows Britain's defence companies have outperformed other sectors, even their peers in the US, particularly during the ongoing Ukraine war and Israel's war on Gaza.

Beijing has responded to the move after Washington expanded its list of companies subject to export controls on computer chip-making equipment.

The move marks one of the Biden Administration's last efforts to hinder China's ability to access and produce chips that can help advance artificial intelligence for military applications or otherwise threaten US national security.

Tavares' resignation comes amidst a challenging period for the automaker, marked by declining stock prices and a profit warning.

The statement comes after a BRICS summit held last month in Kazan, Russia, where the countries discussed boosting non-dollar transactions and strengthening local currencies.

Germany needs foreign labour to support its flattening economy but the rise of anti-immigrant far-right politics and parties is proving counter-productive.