Browsing: Business

Amazon has confirmed plans to close all 19 of its Amazon Fresh grocery stores across the United Kingdom, marking a significant withdrawal from its physical retail grocery operations in the country. The move follows a formal proposal issued by the

Morgan Stanley will begin offering cryptocurrency trading to its retail clients through E*Trade, marking a significant step into the digital assets space by one of the largest U.S. banks. The service is scheduled to launch in the first half of

U.S. Treasury yields moved lower on Tuesday as financial markets prepared for a key speech from Federal Reserve Chair Jerome Powell. The benchmark 10-year Treasury yield fell to around 4.13 percent, slipping by two basis points, while the 2-year yield

Gold prices soared to historic levels on Monday, crossing US$3,750 per ounce for the first time, as investors weighed the outlook for U.S. interest rates and awaited a key speech from Federal Reserve Chair Jerome Powell. The surge extended a

The Organisation for Economic Co-operation and Development (OECD) has revised its global growth outlook upward for 2025, citing short-term resilience in advanced economies, while warning that rising trade barriers and tightening financial conditions are likely to drag on global momentum

Pfizer has signed a definitive agreement to acquire Metsera, a privately held clinical-stage biotechnology company focused on obesity and cardiometabolic therapies, in a transaction valued at approximately $4.9 billion in cash. The deal includes additional milestone-based payments that could bring

Nvidia has announced plans to invest up to $100 billion in OpenAI, marking one of the largest infrastructure partnerships in the artificial intelligence industry to date. The collaboration will focus on deploying 10 gigawatts of advanced Nvidia systems to power

The United States has implemented a new $100,000 fee on H-1B visa petitions, effective September 21, 2025, following a presidential proclamation signed by President Donald Trump. The fee applies to all new H-1B petitions submitted on or after that date.

Nvidia has announced a $5 billion equity investment in Intel, marking a rare collaboration between two of the world’s largest semiconductor companies. The agreement involves Nvidia acquiring newly issued Intel common stock at $23.28 per share, giving the graphics chipmaker

The U.S. Securities and Exchange Commission (SEC) has approved a new set of generic listing standards that will allow national securities exchanges to list commodity-based exchange-traded products, including spot cryptocurrency ETFs, without requiring case-by-case approval. The move simplifies the regulatory