A last-minute shopping surge and heavy discounts drove U.S. holiday sales higher than expected, rising 3.8% from last year, according to Mastercard SpendingPulse.
Apple has requested to participate in Google's upcoming U.S. antitrust trial, arguing that it must defend its lucrative revenue-sharing agreements with the tech giant, which send billions in payments each year for making Google the default search engine on Safari.
Toyota’s global production declined for the 10th consecutive month in November, down 6.2% year-on-year. However, the automaker saw a 1.7% increase in worldwide sales, marking the second consecutive month of growth.
China plans to intensify efforts in 2025 to stabilize its housing market, addressing challenges in the real estate sector, including the rising demand for affordable housing and urban renovations.
President of Türkiye Recep Tayyip Erdogan announced a 30-percent increase in the minimum wage for 2025, raising it to 22,104 lira (about 630 U.S. dollars).
Los Angeles, Chicago, and Seattle face disruptions as baristas demand better pay and conditions
Trump's re-election shakes global trade, leaving EU-China ties in limbo as Europe balances U.S. alliances and economic interests with China amid rising geopolitical tensions.
Tesla CEO Elon Musk has reached another major milestone, with his net worth surpassing $400 billion. This achievement comes on the back of a significant rise in Tesla's stock this year and the growing valuation of his space exploration company, SpaceX.
U.S. small-business confidence reached its highest level in nearly 3-1/2 years in November, driven by post-election euphoria. According to the National Federation of Independent Business (NFIB), the Small Business Optimism Index surged as owners became more optimistic about the economy and expansion
Australian business activity fell to its lowest since the pandemic in November as tough conditions hit manufacturing and retail. NAB’s survey showed declines in sales, profitability, and employment intentions, while confidence turned negative amid ongoing economic pressures.
Growing number of tourists are surging China to experience its breathtaking snowy landscapes.
Major currencies remained jittery on Friday as markets considered the impact of a politically turbulent week that saw the collapse of France's government and the brief imposition of martial law in South Korea.
Bitcoin now stands as arguably the most successful investment product of the last 20 years. The price of a single crypto currency rose to six figures for the first time. Experts say it's an extraordinary level for a 16-year-old cryptocurrency once dismissed as a sideshow.
Volkswagen, a key player in the global automotive industry, has finalized the sale of its manufacturing plant and testing facilities in Xinjiang, China, marking a significant shift in its operational strategy.
Global arms sales surged 4.2% in 2023, reaching $632 billion, driven by conflicts, rearmament, and geopolitical tensions, a SIPRI report reveals.
Chad's foreign ministry has announced plans to assert its sovereignty and redefine strategic partnerships, following France's troop withdrawals from Mali, Niger, and Burkina Faso. Chad hosts 1,000 French troops and various military assets for security cooperation.
Thailand's economy improved in October, with exports rising 14.2% and a trade surplus of $1.4 billion. Private consumption and tourism also contributed to growth, though challenges remain for some sectors, according to the Bank of Thailand.
Hundreds of Chinese investors who lost their savings in the collapse of Evergrande have launched coordinated efforts to demand updates on investigations into the failed property developer. Amid China's slowing economy, their cautious actions reflect growing frustrations over financial losses and the
The IMF has approved the third review of Sri Lanka's $2.9 billion bailout, releasing $333 million in funding. While signs of economic recovery emerge, the country still faces critical debt restructuring challenges to move forward with the programme.
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