EU Demands Meta Redesign Its Addictive App Interfaces
Meta Platforms faces a formal request from the European Union to overhaul the design of its social media apps. The EU’s competition regulato…
Business
294 articles
SK Hynix Makes History with Record-Breaking US Debut
South Korean memory chipmaker SK Hynix has made a bold entrance into the US market, raising a staggering $26.5 billion in its American depos…
Global Energy Landscape Undergoing Rapid Transformation
The world's energy map is shifting dramatically. Geopolitical events are forcing a complete rethinking of energy security. Trust in traditio…
Oil Prices Climb Amidst Middle East Tensions
Global oil markets are experiencing significant upheaval. This follows recent military actions involving Iran and the United States. Analyst…
Wall Street's Next Move: Jeans Giant's Earnings and Oil Price Surge
The US stock market fell on Tuesday, dragged down by a drop in chip stocks and a surge in oil prices. Investors are now bracing for a busy d…
TikTok Halts Bondi Attack Footage in 90 Minutes
TikTok's policy head arrived in Sydney from the US to testify at an inquiry into the company's handling of the Bondi attack footage. The inc…
Comcast to Acquire ITV's Broadcast Arm for £1.6 Billion
US telecom giant Comcast is set to buy ITV's broadcasting division. This major deal is valued at £1.6 billion. The acquisition includes ITV'…
Iranian Oil Tycoon's Ship Held in Hormuz Strait
Mohammad Hossein Shamkhani, a prominent Iranian oil shipping magnate, has been at the centre of a standoff in the Hormuz Strait. His company…
Cocoa Price Crash Devastates West African Farmers
Millions of farmers in Ghana and Côte d'Ivoire are facing financial hardship after cocoa prices plummeted by nearly 75% in 2024. The price c…
Digital Realty Shares Plummet After $3.5 Billion Data Center Deal
Digital Realty Trust fell 5% in pre-market trading on Tuesday after announcing a major acquisition. The US data center firm is buying a $3.5…
Comcast to Spin Off NBCUniversal and Sky into Separate Media Company
Comcast plans to separate NBCUniversal and Sky into a new media company. The move is expected to be completed by the end of 2027. Existing C…
BT and Verizon Form Global Joint Venture
BT and Verizon are set to launch a global joint venture after 18 months of negotiations. The UK telecoms giant's 50/50 partnership will be v…
Iran's Revolutionary Guard Corps Strengthens as Iran-US Deal Teeters
Tensions escalated in the Strait of Hormuz as Iran's markets reacted poorly to two nights of military confrontations over transit. The clash…
South Korean Stocks Plummet 9% on Chip Selloff
South Korea's stock market was hit by a trading halt for the second time this week after a sharp decline in chipmakers' shares. The Kospi in…
Human Rights Groups File Complaint Against Polish TNT Producer
Three international organisations have filed a criminal complaint against Nitro-Chem, a Polish state-owned company, alleging involvement in …
Pentagon Replenishment Urged After Iran Conflict
The US Defense Department is being pushed to restock its arsenal after a recent clash with Iran. Donald Trump has called on defense manufact…
Shipping Giant Clears Gulf After Strait Closure
Hapag-Lloyd's vessels were stranded in the Gulf when Iran temporarily closed the Strait of Hormuz. The shipping giant has now confirmed all …
Top-Performing Stock Market Still Not Developed, Says MSCI Chief
South Korea's stock market has been the world's top performer, but it remains a developing market. The country's hopes for an upgrade were p…
Kioxia to Offer US Depositary Shares Next Spring
Kioxia Holdings Corp., a Japanese company, plans to list its US depositary shares in the spring of 2027. The firm is a major memory chip man…
Central Asian Risk Sharing Crosses Borders
A Kyrgyz bank and an Uzbek business signed a loan agreement on June 18, backed by a European Bank for Reconstruction and Development project…
Oil Prices Fall as Iran Reports Progress in US Peace Talks
Brent crude futures dropped on Monday as Iran claimed significant advancements in peace negotiations with the US. The development came despi…
Alan Greenspan, Former Federal Reserve Chair, Dies at 100
Alan Greenspan, the legendary former Federal Reserve chair, died on Monday at the age of 100. He led the US central bank for nearly two deca…
KNDS Owners Agree on Stake Sale Before IPO
The families behind KNDS NV, a leading tank manufacturer, have reached an agreement to sell a stake in the company ahead of its initial publ…
Asian Stocks Reach New Heights as Oil Prices Slip
Asian stocks hit a record high on Friday, with investors digesting the latest economic data and market trends. Trading activity was brisk in…