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China's Weak Consumption Drags On Economy

By The Financial District

6 days ago1 min read

China's Weak Consumption Drags On Economy

China's industrial output growth slightly accelerated in November, but retail sales underperformed, maintaining pressure on Beijing to...

Thames Water Creditors Question £3-B Rescue Loan

By The Financial District

6 days ago1 min read

Thames Water Creditors Question £3-B Rescue Loan

A proposed £3 billion ($3.8 billion) rescue loan for Thames Water has sparked a legal clash, with rival creditors claiming it would hand...

Amazon To Invest $10 Billion More In Ohio Data Centers

By The Financial District

6 days ago1 min read

Amazon To Invest $10 Billion More In Ohio Data Centers

Amazon Web Services (AWS) announced plans to invest an additional $10 billion in its data center infrastructure in Ohio, bringing its...

By The Financial District

7 days ago1 min read

Meta Fined €251-M For 2018 Data Breach

European Union regulators imposed fines totaling €251 million on Meta, Facebook’s parent company, following an investigation into a 2018...

Analysts See More Gains For Grab After Big Quarter

By The Financial District

7 days ago1 min read

Analysts See More Gains For Grab After Big Quarter

Grab Holdings Ltd.’s success in cutting costs and outperforming competitors in Southeast Asia's ride-hailing market has propelled its...

Food Prices Are On The Rise Again, But Consumers Shouldn’t Panic

By The Financial District

7 days ago1 min read

Food Prices Are On The Rise Again, But Consumers Shouldn’t Panic

The “egg-flation” and sudden price hikes in certain food categories reflect isolated incidents rather than systemic inflation.

Lamborghini Delays Launch Of Its First Electric Model To 2029

By The Financial District

7 days ago1 min read

Lamborghini Delays Launch Of Its First Electric Model To 2029

Luxury automaker Lamborghini has postponed the release of its first fully electric vehicle (EV) to 2029, citing market unpreparedness.

Starbucks Workers’ Union Authorizes Potential Strike

By The Financial District

7 days ago1 min read

Starbucks Workers’ Union Authorizes Potential Strike

The union representing over 10,000 Starbucks workers has authorized a possible strike amid unresolved disputes over wages, staffing, and...

By The Financial District

7 days ago1 min read

Honda And Nissan To Begin Merger Talks

Japanese automakers Honda Motor and Nissan Motor are set to begin discussions on a potential merger, aiming to bolster their...

Waltons Back As World's Wealthiest Family

By The Financial District

7 days ago1 min read

Waltons Back As World's Wealthiest Family

The Waltons have reclaimed the title of the world's wealthiest family, with their fortune growing by 66% over the past year to a record...

Milan's Via Monte Napoleone Now World's Most Upscale Shopping Street

By The Financial District

7 days ago1 min read

Milan's Via Monte Napoleone Now World's Most Upscale Shopping Street

Shoppers laden with bags from Fendi, Loewe, Prada, and other designer labels crowd the narrow sidewalks of Milan’s most luxurious shopping..

U.S. Stocks Fall, Dow Tumbles As Fed Signals Fewer Rate Cuts In 2025

By The Financial District

7 days ago2 min read

U.S. Stocks Fall, Dow Tumbles As Fed Signals Fewer Rate Cuts In 2025

U.S. stocks suffered one of their worst days of the year after the Federal Reserve indicated that it may deliver fewer rate cuts in 2025...

TPP With UK Takes Effect As Japan Hopes To Expand Free Trade

By The Financial District

7 days ago1 min read

TPP With UK Takes Effect As Japan Hopes To Expand Free Trade

The accession of Britain to a trans-Pacific free trade pact, which includes member countries with ties to the region, has taken effect...

Senate Report Slams Amazon For Ignoring Worker Safety

By The Financial District

7 days ago1 min read

Senate Report Slams Amazon For Ignoring Worker Safety

Amazon has ignored its own research showing that warehouse employees face increasing injury risks due to its focus on productivity.

SoftBank Promises $100-B U.S. Investment

By The Financial District

Dec 192 min read

SoftBank Promises $100-B U.S. Investment

President-elect Donald Trump announced that SoftBank Group Corp. plans to invest $100 billion in the United States over the next four...

Higher California Minimum Wage Cuts Jobs, Claims Columnist

By The Financial District

Dec 191 min read

Higher California Minimum Wage Cuts Jobs, Claims Columnist

California Governor Gavin Newsom may have hoped the $20 minimum wage hike he signed into law last year for most fast-food workers would...

Backpack Company Faces Backlash Over CEO's Police Tip

By The Financial District

Dec 191 min read

Backpack Company Faces Backlash Over CEO's Police Tip

The CEO of Peak Design, a company known for its premium backpacks, says he and his employees have received threats after he identified one..

Meta Settles A$50 Million Over Cambridge Analytica Scandal In Australia

By The Financial District

Dec 191 min read

Meta Settles A$50 Million Over Cambridge Analytica Scandal In Australia

Meta Platforms has reached a A$50 million ($31.85 million) settlement with Australia’s privacy watchdog, resolving an expensive legal...

U.S. Sanctions Stunt Iranian Crude Flows To China

By The Financial District

Dec 191 min read

U.S. Sanctions Stunt Iranian Crude Flows To China

Iranian crude exports to China have been disrupted by expanded US sanctions on tankers, squeezing oil flows to the OPEC producer’s most...

Arm-Qualcomm Legal Battle Roils Chip Industry

By The Financial District

Dec 192 min read

Arm-Qualcomm Legal Battle Roils Chip Industry

Arm Holdings Plc’s legal dispute with Qualcomm Inc. is being argued before a federal jury in Delaware this week, pitting two of the...

Aboitiz Infra, Others Lauded For Advancing PPP Infrastructure Projects

By The Financial District

Dec 192 min read

Aboitiz Infra, Others Lauded For Advancing PPP Infrastructure Projects

Finance Secretary Ralph G. Recto highlighted the recent signing of agreements to launch five Public-Private Partnership (PPP)...

Canada’s Deficit Soars As Finance Minister Resigns

By The Financial District

Dec 191 min read

Canada’s Deficit Soars As Finance Minister Resigns

Prime Minister Justin Trudeau’s government reported a significantly larger deficit than anticipated, breaking a fiscal promise made by...

Fitch Ratings Lauds BSP Inflation Handling

By The Financial District

Dec 191 min read

Fitch Ratings Lauds BSP Inflation Handling

Fitch commended the progress in reducing inflation in the Philippines, which averaged 3.2 percent in the first 11 months of 2024 compared...

Fresh Fin Whale Meat Auctioned For The First Time In Decades In Japan

By The Financial District

Dec 191 min read

Fresh Fin Whale Meat Auctioned For The First Time In Decades In Japan

Meat from fin whales, caught for the first time in nearly 50 years off Japan’s northern coast, fetched prices exceeding $1,300 per...

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