Browsing: Business

China’s economic slowdown intensified in August, with multiple key indicators falling short of expectations, underscoring persistent challenges across consumption, industry, investment and the property market. Data released Monday by the National Bureau of Statistics showed retail sales rose 3.4 percent

Ohio and Kentucky have been ranked among the ten worst-performing state economies in the United States, according to a newly released study by personal finance website WalletHub. The report analyzed economic data across all 50 states and the District of

AstraZeneca has paused a planned £200 million expansion of its research and development facility in Cambridge, England, marking the second major UK investment halt by the British-Swedish pharmaceutical company in 2025. The decision was confirmed by a company spokesperson on

OpenAI has signed a new agreement with Microsoft that will change its corporate structure while reaffirming one of the most closely watched partnerships in the artificial intelligence sector. The two companies announced on September 11 that they have entered into

Wall Street’s major indexes closed at record highs on Thursday, lifted by gains in Tesla and Micron Technology, as investor confidence was buoyed by fresh economic data pointing to easing inflationary pressures and a cooling labor market. The Dow Jones

South Korean President Lee Jae-myung has expressed concern that a recent U.S. immigration enforcement operation in Georgia could significantly affect future South Korean investment in the United States. The statement follows a large-scale immigration raid conducted by U.S. Immigration and

Novo Nordisk, the Danish pharmaceutical company behind the obesity treatment Wegovy and the diabetes therapy Ozempic, announced plans Wednesday to reduce its global workforce by approximately 9,000 positions, or about 11.5 percent of its 78,400 employees. Notifications to affected staff

Mortgage demand in the United States surged to its highest level in more than three years during the first week of September, driven by a sharp drop in interest rates that brought borrowing costs to their lowest point since October

Oracle Corporation shares surged to record highs on Tuesday after the company delivered stronger-than-expected projections for its cloud infrastructure business, underscoring growing enterprise demand for artificial intelligence computing services. The stock recorded a historic single-day gain, adding nearly $270 billion

Prime Minister Mark Carney on Monday, September 8, announced an 80 million Canadian dollar tariff-relief fund for Atlantic Canadian businesses during a visit to St. John’s, Newfoundland and Labrador, as his government rolled out a broader economic defense strategy in