LONDON: More than four years after officially leaving the European Union, the United Kingdom has managed to avoid the brunt…
Author: Edith Austen
China to Impose Additional 34% Tariff on All U.S. Imports Starting April 10
BEIJING, April 4 — China will impose an additional 34% tariff on all products imported from the United States beginning…
Temu’s Chinese Owner Anticipates Slower Revenue Growth
BEIJING: Chinese e-commerce giant PDD Holdings announced today slower revenue growth for the third quarter running, as the Temu owner…
Nvidia-Backed CoreWeave Targets Up to $32 Billion Valuation in U.S. IPO
March 20, 2025 – CoreWeave, a cloud services provider backed by Nvidia, is aiming for a valuation of up to…
UK Watchdog Fines London Metal Exchange Over 2022 Nickel Crisis Handling
LONDON, March 20 – The Financial Conduct Authority (FCA), Britain’s financial regulator, has fined the London Metal Exchange (LME) for…
UK Unemployment Rate Holds at 4.4% as BoE Expected to Maintain Interest Rate
Britain’s unemployment rate remained steady at 4.4% in the three months to January, according to data from the Office for…
US Demands Stricter Oversight as Boeing Struggles to Rebuild Public Trust
SEATTLE: US aircraft manufacturer Boeing has lost its way and the trust of the American people following a January 2024…
Vietnam approves over US$88bil rail link project to connect with China
HANOI — The Vietnamese parliament has now approved a railway project worth over US$8 billion that will connect its northern…
Bank of England’s Oracle Cloud Bill Soars – But When You Print Money, Who’s Counting?
Old Lady of Threadneedle Street to Pay Millions for ‘Amended Implementation Methodology’ The Bank of England has nearly doubled its…
TikTok returns to Apple, Google app stores
TikTok returned to the Apple and Google app stores Thursday evening. The Chinese-owned social media app had been removed from the the two stores on Jan.…