Global Trade
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...
Energy Sector Shines as Investors Seek Value Stocks
Investors are making a strategic shift away from technology stocks and crowded growth trades, and they are eyeing value-oriented sectors as the new harbor for...
Smurfit Kappa and WestRock in $20B Mega-Merger
In a historic move, Europe’s leading paper and packaging producer, Smurfit Kappa, and its U.S. counterpart, WestRock, have inked a monumental merger agreement, propelling them...
Apple Unveils iOS 17 with Game-Changing Features
Apple has announced the imminent release of iOS 17, promising a transformative experience for iPhone users. Set to launch today, the latest iteration of the...
Apple’s iPhone 15 Shifts to Universal USB-C Connector
In the run-up to its highly anticipated annual fall event scheduled for today, Apple is gearing up to introduce its latest iPhone, the iPhone 15....
