Global Trade
US Gaming Giant Roblox Takes Careful Steps into China
Roblox, the prominent US based online gaming company, has undertaken a measured approach in its pursuit of the China market. In 2019, the company unveiled...
Amazon Fuels AI Revolution with $4B Anthropic Investment
Amazon announced on Monday a substantial investment of $4 billion in San Francisco-based AI company Anthropic. This development mirrors Microsoft’s (MSFT) $10 billion investment in...
China’s Cyberspace Administration Targets App Stores
In a significant move aimed at tightening control over its digital landscape, China’s Cyberspace Administration (CAC) has released a list of 26 mobile app stores...
Oil Prices Surge 3% Amid Global Supply Concerns
Oil prices experienced a notable surge on Wednesday, reaching their highest intraday levels for the year. Both Brent and U.S. West Texas Intermediate (WTI) crude...
Economic Impact Feared as Oil Prices Soar
Oil prices surged on Tuesday, stoking fears over economic repercussions as the global benchmark, Brent, edged closer to $100 per barrel. West Texas Intermediate (WTI)...
Nissan Pledges All-Electric European Lineup by 2030
Nissan announced on Monday that all of its forthcoming European car models will be all-electric (EVs), marking a significant step toward a greener automotive future....
European Central Bank Tackles Inflation with Steep Rates
The European Central Bank (ECB) stands steadfast in its mission to combat surging inflation, even as signs of economic fragility emerge. ECB Chief, Christine Lagarde,...
Oil Prices Surge, Goldman Sachs Assures Manageable Impact
In the wake of surging oil prices, American consumers are feeling the pinch at the pump as gasoline costs continue to climb. This uptick has...
SoftBank Unveils Innovative Bond-Type Class Shares Offering
SoftBank, the telecommunications arm of billionaire Masayoshi Son’s conglomerate, has unveiled plans to issue a unique class of securities that blur the lines between traditional...
Apple Aims for $40 Billion Production in India
In a significant move towards bolstering its manufacturing footprint, Apple Inc. has outlined an ambitious strategy to amplify production in India by over fivefold within...
