Global Trade
Arm Holdings Stock Rockets 25% Above Debut Price, What Next?
SoftBank Group’s technology investment arm, Arm Holdings, made a resounding entry into the public market on Thursday, with its stock surging nearly 25% above its...
China Accuses EU of Protectionism in Electric Vehicle Probe
Tensions between China and the European Union (EU)escalated on Thursday as China vehemently criticized the EU’s investigation into Beijing’s electric vehicle subsidies, labeling it a...
ECB Raises Key Interest Rates in Bid to Tackle Inflation Surge
In a bid to grapple with soaring inflation, the European Central Bank (ECB) has announced a 25 basis points (bps) increase in its key interest...
Oil Prices Surge as OPEC Tightens Supply
Oil prices surged to their highest levels this year on Thursday, with Brent crude surpassing $93 per barrel. The rally in oil prices was spurred...
EU Probes Subsidies on Chinese Electric Vehicles
The European Union has initiated an investigation into Chinese subsidies for electric vehicles, aiming to counter the influx of low-cost imports. This move signals a...
Rising Gasoline Prices Drive August Inflation Beyond Expectations
Energy prices, notably gasoline, emerged as a pivotal driver behind the Bureau of Labor Statistics’ Consumer Price Index (CPI) surging by 3.7% on a year-over-year...
Moderna: Positive Phase 3 Results for mRNA Flu Vaccine
In a significant stride towards bolstering its respiratory virus vaccine portfolio, Moderna (MRNA) unveiled today the encouraging Phase 3 results of its mRNA flu vaccine,...
IEA Warns of Oil Supply shortfall
The International Energy Agency (IEA) has issued a cautionary statement, emphasizing that the recent oil supply cuts by major producers Saudi Arabia and Russia are...
Apple Launches iPhone 15: USB-C Ports and Pro-Level Features
In a highly anticipated announcement, Apple launched its latest offerings, the iPhone 15 and iPhone 15 Pro, on Tuesday. These flagship devices bring significant enhancements,...
Intel Sells 10% Stake in IMS Nanofabrication to TSMC for $4.3B
Intel Corporation, a leading chipmaker, announced on Tuesday a groundbreaking agreement to sell a 10% stake of its IMS Nanofabrication business to Taiwan Semiconductor Manufacturing...
