Global Trade
Gasoline Prices Surge to Decade-High as Summer Season Ends
Gasoline prices in the United States have experienced a surge to their highest seasonal level in over a decade, shattering hopes for a budget-friendly summer...
Tesla Champions Australian Minerals for EVs
Tesla has called on the Australian government to transform the nation into a hub for processing minerals crucial for electric vehicle (EV) batteries. In a...
DeepRoute.ai – Robotaxi Startup Set to Expand into Germany
In a groundbreaking move to further its reach in the autonomous driving industry, DeepRoute.ai, a prominent robotaxi startup headquartered in Shenzhen, has unveiled plans to...
Saudi Aramco Eyes $50B Riyadh Stock Exchange Offering
Saudi Aramco, the world’s largest oil company, is reportedly exploring a significant secondary offering worth $50 billion on the Riyadh stock exchange, according to sources...
Eurozone Inflation Surges to 5.3%, Impacts Interest Rate Talks
Eurozone core inflation defied earlier forecasts by posting a modestly higher-than-expected rate of 5.3% on core prices year-on-year for August, intensifying discussions about potential interest...
UBS Merger with Credit Suisse Drives $29B Q2 Net Profit
UBS Group has unveiled plans to fully integrate the domestic bank of Credit Suisse, elevating its cost-saving endeavors to surpass $10 billion across the group....
US Market Venture of VinFast: Valuation Spikes and Dips
VinFast (VFS), an electric vehicle (EV) manufacturer, is likely unfamiliar to most Americans. Nonetheless, Vinfast has garnered considerable attention due to its surging valuation and...
Bosch Expands US Footprint with TSI Semiconductors Acquisition
In a strategic move aimed at fortifying its presence in the burgeoning US semiconductor market, Germany’s Bosch Group unveiled its acquisition of California-based chip manufacturer...
Chinese Tech Titans Xpeng and Didi Ink $744M EV Collaboration
Chinese electric vehicle (EV) manufacturer Xpeng (XPEV) has joined forces with mobility and ride-sharing behemoth Didi in a momentous development pact worth a staggering $744...
Reliance Industries Appoints Ambani Heirs to Board of Directors
Reliance Industries Ltd, under the stewardship of Chairman Mukesh Ambani, announced a significant leadership transition on Monday as the conglomerate appointed the three scions of...
