China's Anta Sports Buys Control of Puma
The purchase of Pinault family's 29.06% controlling share will be for 1.51 billion euros or $1.79 billion.
Business
Trump Threatens to Raise Tariffs on S. Korea
Complaining that Seoul is taking too long to approve a trade deal negotiated last fall, Trump proclaimed a tariff increase from 15% to 25% on ...
US Profits Hit by Tariffs As Consumers Balk at Higher Prices
Major US companies are forced to keep lower margins to avoid losing customers complaining about tariff-related price increases.
VinFast Teams Up with Autobrains to Develop Low-Cost Robo-Car
The joint venture will adopt a system that will rely solely on cameras and visual AI, foregoing lidar, radar and hi-resolution maps.
Tether's Q4 Gold Buys Partly Behind Gold's Swift Rise
By buying 27 metric tons of gold in Q4 2025 Tether helped drive gold prices up past the $5,000 level.
AI Frenzy Reshaping US Economy
The frantic drive not to be left behind in the AI race is changing investment and employment patterns for a dramatic reshaping of the US ...
Bob's Discount Furniture Eyes $2.5 Billion IPO Valuation
The Connecticut-based home furnishings retailer seeks to ride an anticipated wave of 2026 IPOs after activity was damped last year by Trump tariffs.
Core Capital Goods Orders Post 5th Straight Monthly Gain
The AI buildout and aircraft orders more than offset a decline in manufacturing investments due to Trump tariff disruptions.
China Tries to Scare Citizens from Visiting Japan
As travel to Japan continues setting records, China cites crimes and earthquakes in attempt to dent Chinese visits in peeve over PM Sanae Takaichi's support ...
Tesla Investors Cling Desperately to Musk's Robotaxi Narrative
Despite Tesla's falling auto sales and plunging profits, along with many missed targets for robotaxi deployment, shareholders look for signs of reality behind Musk's software-based ...
India Slashes EU Auto Tariffs to 40%
An epochal trade pact to expand trade ties will eventually lower to 10% India's tariffs on European imports like BMW and Mercedes-Benz.
China Seeks to Upgrade Services Consumption As Key to Boosting Growth
Struggling with an economy over-invested in manufacturing, China seeks to raise services consumption to levels more appropriate to its developmental stage.
Gold Crosses $5,000 an Ounce on Historic Level of Disruptions
Both gold and silver have recently surged in price as safe havens from the kind of economic and geopolitical disruptions that were unimaginable prior to ...
China Yuan Hits New 32-Month High vs Dollar
China's central bank has been allowing a carefully controlled appreciation of the yuan albeit at a pace below market expectations.
Samsung Qualifies to Ship HBM4 Chips to Nvidia, AMD
Samsung recently passed HBM4 qualification tests for Nvidia and AMD, allowing it to join Korean rival SK Hynix in meeting high HBM demand for AI ...
How Solid Is Trump's Case Against JPMorgan Chase and Jamie Dimon?
Trump would have to show that the bank had dumped him purely for his political views while Chase could win by showing that Trump has ...
Erratic Economic Policy Puts Trump at Odds with Big Banks
Despite massive deregulation that benefits the nation's major lenders, the sheer randomness of Trump fiat with credit-card interest, fintech and crypto currencies has the financial ...
Trump Threatens Canada with 100% Tariffs for Pending China Deal
Being called out for bullying by Canadian PM Mark Carney to standing ovation has made Trump step up his offensive rhetoric against our northern neighbor ...
China Buys More Russian Oil As India, Turkey Cut Back
China delivery of Russian oil rose from 1.1 million barrels per day in December to 1.5 million in January as EU banned fuels produced from ...
US Consumer Sentiment Improves in January
The Consumer Sentiment Index improved to 56.4 from 52.9 in December despite continuing concerns about high prices and jobs.
Is Starlink's Airline WiFi Access Necessary?
Airline WiFi service is increasingly seen as essential among long-haul carriers, especially those serving US passengers.
China's Chery Buys S. Africa Plant from Locally Struggling Nissan
Facing stiff competition in South Africa from Toyota, Ford and Isuzu, Nissan plans to sell its Rosslyn pickup truck plant to one of China's top ...
China Gets Stiffed on Tens of Billions As US Grabs Tankers
Diverting Venezuela's crude oil tankers effectively terminates debt service on tens of billions of dollars loaned by China.
Deal Finalized for US Firm to Control TikTok's US Data
The deal allows TikTok to avoid shutdown by turning over its US data to a joint-venture controlled 80.1% by a US consortium and 19.9% by ...
S. Korean Shipbuilder Hopes to Create 200,000 Canadian Jobs
Shortlisted for a $12 billion deal to build a fleet of new submarines, Hanwha plans broad-based investments across Canadian industry through 2040.
Intel Struggles with High Chip Demand, Sending Shares Sliding
CEO Lip-Bu Tan's turnaround strategy produced a 40% share value jump but now faces backlash as new chip manufacturing processes are slow to improve yield ...
General Fusion to IPO with $1 Billion SPAC Deal
The Canadian developer of magnetized target fusion expects to debut on Nasdaq mid-2026 under the ticker GFUZ.
Airlines Face High Cost, Delays in Getting New Engines
Tariffs are among the reasons airlines are struggling with high costs and long delays in getting new engines installed on aging fleets as they await ...
Geely Eyes Global Top-5 Auto Spot by 2030
The Chinese parent of Volvo and Polestar, as well as domestic auto brands Geely and Zeekr, projects global sales of over 6.5 million units by ...
China's Rural Banks Struggle to Sell Foreclosed Properties at Steep Discount
A steep downturn in China's housing market has made buyers shun apartments even at a 30+% discount off original sale prices.
Hyundai Labor Union Sounds Alarm on Plan to Deploy Humanoid Robots
Hyundai Motor's unions warn of job losses expected to result from plans to deploy Atlas humanoid robots made by subsidiary Boston Dynamics on auto assembly ...
Consumer Electronics Hurt by AI Memory Demand
Surging prices of memory chips from SK Hynix, Samsung and Micron have forced consumer electronics brands to raise prices, hurting their sales prospects.
S. Korea Q4 GDP Slipped on Weak Construction Investment
The surprise contraction was at the steepest pace in three years after 1.3% growth in Q3 and was due to a 3.9% drop in construction.
Volvo Unveils EX60 SUV with 500+-Mile Range
The new long-range SUV with an all-new dash and driving system is expected to be available at US dealerships around June.
House GOP Pushes Bill to Control AI Chip Shipments to China
The bill signals an emerging power struggle against White House approval of Nvidia H200 AI GPU shipments to China.
Meta Celebrates New Pre-Release AI Model Delivered Internally
The new text model code-named Avocado is slated for a Q1 launch along with image and video model codenamed Mango to shore up Meta's place ...
China's UBTech to Supply Humanoid Robots for Airbus Manufacturing
The world's largest aircraft maker will expand the use of UBTech's Walker S2 industrial humanoid robot in future aerospace manufacturing activities.
OpenAI Promotes Global Use of AI for Everyday Life
As the original chatbot maker adds advertising to its revenue stream, it seeks to embed its AI models into virtually every area of society, including ...
Trump's Greenland Aggression Triggers Broad Selloff
In the biggest drop in three months US stocks lost over 2% in Tuesday trading as investors digested the business disruption likely to flow from ...
Prices Will Start to Reflect Tariffs Says Amazon Chief
Sellers can no longer keep absorbing all tariff costs and are now starting to pass some through to consumers, Amazon CEO Andy Jassy said at ...
China's Export Sales Teams Faces Tough Grind Opening New Markets
Salespeople for Chinese exporters work long hours under difficult conditions in new markets for less profits to make up for US sales lost to Trump ...
Dollar, Stocks Fall on Trump's Greenland Coercion Tariffs
Investors are spooked by Trump threats to ratchet up tariffs on European nations unless they support his bid to acquire Greenland.
China Rare-Earth Exports to US, Japan Fell in December
Japan's imports of Chinese rare-earths fell 8% in December while US imports fell 3%.
S. Korea Hardly Grew in Q4 on Weak Domestic Demand
Despite a strong export surge in the face of US tariffs, S. Korea grew just 0.1% in Q4 due to weak construction investment and consumer ...
Gen-Z Workers Most Worried About AI, Boomers Least
Four in five workers fear AI will impact their jobs, according to Randstad, one of the world's largest recruitment agencies.
CEO Confidence in Revenue Growth Lowest in 5 Years
Only 3 in 10 CEOs expressed confidence in their firm's growth prospects in 2026, according to an annual PwC survey of 4,000 CEOs.
OpenAI Trebled Capacity, Hit $20 Billion in Revenues
The maker of the original chatbot expects to add advertising and a hardware device to its business model in 2026.
China's Record Power Use Met by More Renewables, Less Coal
China used more energy in 2025 than the EU, Russia, India and Japan combined but managed to cut coal burning by 1% thanks to growth ...
AI Boom Rescues Global Growth from Tariff Disruptions
By adapting to Trump tariff disruptions by rerouting trade the world will maintain 3.2% growth in 2026 with the help of booming AI investments which ...
Tesla Poised to Profit from Canada's Tariff-Free China EV Deal
With a Canadian distribution network in place and Shanghai production of a Model Y for Canada, Tesla is among the first EV exporters from China ...
China's Anta Sports Buys Control of Puma
The purchase of Pinault family's 29.06% controlling share will be for 1.51 billion euros or $1.79 billion.
Trump Threatens to Raise Tariffs on S. Korea
Complaining that Seoul is taking too long to approve a trade deal negotiated last fall, Trump proclaimed a tariff increase from 15% to 25% on ...
US Profits Hit by Tariffs As Consumers Balk at Higher Prices
Major US companies are forced to keep lower margins to avoid losing customers complaining about tariff-related price increases.
VinFast Teams Up with Autobrains to Develop Low-Cost Robo-Car
The joint venture will adopt a system that will rely solely on cameras and visual AI, foregoing lidar, radar and hi-resolution maps.
Tether's Q4 Gold Buys Partly Behind Gold's Swift Rise
By buying 27 metric tons of gold in Q4 2025 Tether helped drive gold prices up past the $5,000 level.
AI Frenzy Reshaping US Economy
The frantic drive not to be left behind in the AI race is changing investment and employment patterns for a dramatic reshaping of the US ...
Bob's Discount Furniture Eyes $2.5 Billion IPO Valuation
The Connecticut-based home furnishings retailer seeks to ride an anticipated wave of 2026 IPOs after activity was damped last year by Trump tariffs.
Core Capital Goods Orders Post 5th Straight Monthly Gain
The AI buildout and aircraft orders more than offset a decline in manufacturing investments due to Trump tariff disruptions.
China Tries to Scare Citizens from Visiting Japan
As travel to Japan continues setting records, China cites crimes and earthquakes in attempt to dent Chinese visits in peeve over PM Sanae Takaichi's support ...
Tesla Investors Cling Desperately to Musk's Robotaxi Narrative
Despite Tesla's falling auto sales and plunging profits, along with many missed targets for robotaxi deployment, shareholders look for signs of reality behind Musk's software-based ...
India Slashes EU Auto Tariffs to 40%
An epochal trade pact to expand trade ties will eventually lower to 10% India's tariffs on European imports like BMW and Mercedes-Benz.
China Seeks to Upgrade Services Consumption As Key to Boosting Growth
Struggling with an economy over-invested in manufacturing, China seeks to raise services consumption to levels more appropriate to its developmental stage.
Gold Crosses $5,000 an Ounce on Historic Level of Disruptions
Both gold and silver have recently surged in price as safe havens from the kind of economic and geopolitical disruptions that were unimaginable prior to ...
China Yuan Hits New 32-Month High vs Dollar
China's central bank has been allowing a carefully controlled appreciation of the yuan albeit at a pace below market expectations.
Samsung Qualifies to Ship HBM4 Chips to Nvidia, AMD
Samsung recently passed HBM4 qualification tests for Nvidia and AMD, allowing it to join Korean rival SK Hynix in meeting high HBM demand for AI ...
How Solid Is Trump's Case Against JPMorgan Chase and Jamie Dimon?
Trump would have to show that the bank had dumped him purely for his political views while Chase could win by showing that Trump has ...
Erratic Economic Policy Puts Trump at Odds with Big Banks
Despite massive deregulation that benefits the nation's major lenders, the sheer randomness of Trump fiat with credit-card interest, fintech and crypto currencies has the financial ...
Trump Threatens Canada with 100% Tariffs for Pending China Deal
Being called out for bullying by Canadian PM Mark Carney to standing ovation has made Trump step up his offensive rhetoric against our northern neighbor ...
China Buys More Russian Oil As India, Turkey Cut Back
China delivery of Russian oil rose from 1.1 million barrels per day in December to 1.5 million in January as EU banned fuels produced from ...
US Consumer Sentiment Improves in January
The Consumer Sentiment Index improved to 56.4 from 52.9 in December despite continuing concerns about high prices and jobs.
Is Starlink's Airline WiFi Access Necessary?
Airline WiFi service is increasingly seen as essential among long-haul carriers, especially those serving US passengers.
China's Chery Buys S. Africa Plant from Locally Struggling Nissan
Facing stiff competition in South Africa from Toyota, Ford and Isuzu, Nissan plans to sell its Rosslyn pickup truck plant to one of China's top ...
China Gets Stiffed on Tens of Billions As US Grabs Tankers
Diverting Venezuela's crude oil tankers effectively terminates debt service on tens of billions of dollars loaned by China.
Deal Finalized for US Firm to Control TikTok's US Data
The deal allows TikTok to avoid shutdown by turning over its US data to a joint-venture controlled 80.1% by a US consortium and 19.9% by ...
S. Korean Shipbuilder Hopes to Create 200,000 Canadian Jobs
Shortlisted for a $12 billion deal to build a fleet of new submarines, Hanwha plans broad-based investments across Canadian industry through 2040.
Intel Struggles with High Chip Demand, Sending Shares Sliding
CEO Lip-Bu Tan's turnaround strategy produced a 40% share value jump but now faces backlash as new chip manufacturing processes are slow to improve yield ...
General Fusion to IPO with $1 Billion SPAC Deal
The Canadian developer of magnetized target fusion expects to debut on Nasdaq mid-2026 under the ticker GFUZ.
Airlines Face High Cost, Delays in Getting New Engines
Tariffs are among the reasons airlines are struggling with high costs and long delays in getting new engines installed on aging fleets as they await ...
Geely Eyes Global Top-5 Auto Spot by 2030
The Chinese parent of Volvo and Polestar, as well as domestic auto brands Geely and Zeekr, projects global sales of over 6.5 million units by ...
China's Rural Banks Struggle to Sell Foreclosed Properties at Steep Discount
A steep downturn in China's housing market has made buyers shun apartments even at a 30+% discount off original sale prices.
Hyundai Labor Union Sounds Alarm on Plan to Deploy Humanoid Robots
Hyundai Motor's unions warn of job losses expected to result from plans to deploy Atlas humanoid robots made by subsidiary Boston Dynamics on auto assembly ...
Consumer Electronics Hurt by AI Memory Demand
Surging prices of memory chips from SK Hynix, Samsung and Micron have forced consumer electronics brands to raise prices, hurting their sales prospects.
S. Korea Q4 GDP Slipped on Weak Construction Investment
The surprise contraction was at the steepest pace in three years after 1.3% growth in Q3 and was due to a 3.9% drop in construction.
Volvo Unveils EX60 SUV with 500+-Mile Range
The new long-range SUV with an all-new dash and driving system is expected to be available at US dealerships around June.
House GOP Pushes Bill to Control AI Chip Shipments to China
The bill signals an emerging power struggle against White House approval of Nvidia H200 AI GPU shipments to China.
Meta Celebrates New Pre-Release AI Model Delivered Internally
The new text model code-named Avocado is slated for a Q1 launch along with image and video model codenamed Mango to shore up Meta's place ...
China's UBTech to Supply Humanoid Robots for Airbus Manufacturing
The world's largest aircraft maker will expand the use of UBTech's Walker S2 industrial humanoid robot in future aerospace manufacturing activities.
OpenAI Promotes Global Use of AI for Everyday Life
As the original chatbot maker adds advertising to its revenue stream, it seeks to embed its AI models into virtually every area of society, including ...
Trump's Greenland Aggression Triggers Broad Selloff
In the biggest drop in three months US stocks lost over 2% in Tuesday trading as investors digested the business disruption likely to flow from ...
Prices Will Start to Reflect Tariffs Says Amazon Chief
Sellers can no longer keep absorbing all tariff costs and are now starting to pass some through to consumers, Amazon CEO Andy Jassy said at ...
China's Export Sales Teams Faces Tough Grind Opening New Markets
Salespeople for Chinese exporters work long hours under difficult conditions in new markets for less profits to make up for US sales lost to Trump ...
Dollar, Stocks Fall on Trump's Greenland Coercion Tariffs
Investors are spooked by Trump threats to ratchet up tariffs on European nations unless they support his bid to acquire Greenland.
China Rare-Earth Exports to US, Japan Fell in December
Japan's imports of Chinese rare-earths fell 8% in December while US imports fell 3%.
S. Korea Hardly Grew in Q4 on Weak Domestic Demand
Despite a strong export surge in the face of US tariffs, S. Korea grew just 0.1% in Q4 due to weak construction investment and consumer ...
Gen-Z Workers Most Worried About AI, Boomers Least
Four in five workers fear AI will impact their jobs, according to Randstad, one of the world's largest recruitment agencies.
CEO Confidence in Revenue Growth Lowest in 5 Years
Only 3 in 10 CEOs expressed confidence in their firm's growth prospects in 2026, according to an annual PwC survey of 4,000 CEOs.
OpenAI Trebled Capacity, Hit $20 Billion in Revenues
The maker of the original chatbot expects to add advertising and a hardware device to its business model in 2026.
China's Record Power Use Met by More Renewables, Less Coal
China used more energy in 2025 than the EU, Russia, India and Japan combined but managed to cut coal burning by 1% thanks to growth ...
AI Boom Rescues Global Growth from Tariff Disruptions
By adapting to Trump tariff disruptions by rerouting trade the world will maintain 3.2% growth in 2026 with the help of booming AI investments which ...
Tesla Poised to Profit from Canada's Tariff-Free China EV Deal
With a Canadian distribution network in place and Shanghai production of a Model Y for Canada, Tesla is among the first EV exporters from China ...
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