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19Jan

Global billionaire wealth hits record high, fuelling inequality, says Oxfam

Billionaire wealth surged at three times its recent pace last year to reach its highest level on record, deepening economic and political divides that threaten democratic stability, anti-poverty group Oxfam…

19Jan

The Age of Permanent Price Rise: Why Everything Feels Expensive?

Nobody announces it. Nobody celebrates it. But across the global economy, one idea has settled in. Prices are not going back. Not to 2019. Not even to 2022. What businesses…

19Jan

Trump threatens tariffs on Europe over Greenland purchase bid

Washington: President Donald Trump on Saturday vowed to implement a wave of increasing tariffs on European allies until the United States is allowed to buy Greenland, escalating a row over…

19Jan

Powerchip shares jump 10% as Micron buys fab plant

Taipei: Shares of Taiwan's Powerchip Semiconductor Manufacturing ‌Corp rose nearly 10% on Monday, after U.S. memory chipmaker Micron Technology said it would buy a fabrication plant from the company. Micron…

19Jan

Markets flee to safe havens as Trump threatens allies with tariffs over Greenland bid

Investors headed for safe havens while Europe prepared to push back on Monday after U.S President Donald Trump threatened escalating tariffs on allies in the way of his ambition to…

19Jan

Europe mulls €93bn tariffs on U.S. amid Trump Greenland threat, FT reports

European capitals may hit the U.S. with 93 billion euros ($107.71 billion) worth of tariffs or restrict American companies from the bloc's market in response to U.S. President Donald Trump's…

19Jan

Israel clears Uber, Lyft to cut taxi fares

Jerusalem: An Israeli ministerial committee on Sunday approved a law that would allow shared ride-hailing services such as Uber and Lyft to operate in Israel in a bid to lower…

19Jan

Sequoia, GIC, Coatue join $25B Anthropic funding at $350B valuation

Venture capital firm Sequoia is joining Singapore's GIC and U.S. investor Coatue in ‌a funding round for Anthropic, which aims to raise $25 billion at a $350 billion valuation, the…

19Jan

Syrah, Tesla extend graphite deal dispute deadline again

Australia's Syrah Resources said on Monday it agreed with Tesla to extend for the third time a deadline to resolve an alleged breach of their graphite supply agreement. The 2021…

19Jan

Trump officials push emissions rollback to cut car prices

Detroit: The Trump administration's top auto policy officials on Saturday touted federal efforts to lower car prices by eliminating vehicle emissions regulations, as affordability remains a key concern among Americans.…

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