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BYD’s European Reset: How China’s EV Titan Is Rewiring Its Playbook for Western Success

Tariff Clash Grounds Xiamen Liveried Boeing 737 MAX, Shattering Aerospace Duty Free Traditions

Valentino Faces Profit Decline Amid Global Luxury Market Challenges

Crypto Controversy: Trump’s Gala Dinner Incentive Sends Meme Coin Tumultuously Higher

IMF Says AI Will Boost Global Growth by 0.5% Annually Even as Power Demand Triples

Top Indian Funds Pivot to Domestic Sectors Amid Global Uncertainty, Fueling Market Rebound

Roche's $50 Billion U.S. Investment: A Strategic Shift in Global Pharmaceutical Manufacturing

Tariff Truce Beckons as Bessent Warns Levies Threaten US-China Commerce

Trump Announces Direct Xi Call and Presses Ahead with Tariff Negotiations

25% Tariffs Could Add $51 Billion to U.S. Drug Costs and Raise Prices by Nearly 13%

Latest News

Trump Announces Direct Xi Call and Presses Ahead with Tariff Negotiations

25% Tariffs Could Add $51 Billion to U.S. Drug Costs and Raise Prices by Nearly 13%

Reader's Pick

U.S. Consumers Brace for Impact: Stockpiling Ahead of New Tariffs 08/04/2025

Global Electronics Giants Protest Modi’s E-Waste Policy: Cost Hikes, Regulatory Disruption and Market Uncertainty 11/04/2025

Trump Tariffs Send U.S. Businesses into Survival Mode 12/04/2025

Alphabet and Nvidia Back Sutskever’s SSI: A New Power Shift in AI and Infrastructure 12/04/2025

Johnson & Johnson Surpasses Q1 2025 Expectations Amid Oncology Growth and Strategic Expansion 15/04/2025

Latest Business News
Trump Announces Direct Xi Call and Presses Ahead with Tariff Negotiations

Trump Announces Direct Xi Call and Presses Ahead with Tariff Negotiations

Markets

President Donald Trump revealed this week that Chinese President Xi Jinping personally phoned him as Washington and Beijing engage in negotiations over reciprocal tariffs, marking a rare high-level acknowledgment of direct communication in the protracted U.S.–China trade war. Trump declined to detail when the call took place or the substance of their conversation, insisting only, "He's called....
25% Tariffs Could Add $51 Billion to U.S. Drug Costs and Raise Prices by Nearly 13%

25% Tariffs Could Add $51 Billion to U.S. Drug Costs and Raise Prices by Nearly 13%

Markets

A new analysis by Ernst & Young, commissioned by the Pharmaceutical Research and Manufacturers of America, warns that a proposed 25 percent tariff on imported pharmaceuticals could saddle American consumers with an additional \$51 billion in drug expenses each year and potentially drive retail prices up by as much as 12.9 percent if fully passed through to end users  ([US pharma tariffs...
Crypto Controversy: Trump’s Gala Dinner Incentive Sends Meme Coin Tumultuously Higher

Crypto Controversy: Trump’s Gala Dinner Incentive Sends Meme Coin Tumultuously Higher

Markets

President Donald Trump’s announcement of a private gala dinner for the top 220 buyers of the $TRUMP meme coin has ignited a frenzy in the cryptocurrency markets. Touting “the most EXCLUSIVE INVITATION in the world,” the post offered not only a seat at Trump National Golf Club in Washington, D.C., on May 22, but insider access for the top 25 holders—an ultra-exclusive VIP reception and a personal...
Tariff Truce Beckons as Bessent Warns Levies Threaten US-China Commerce

Tariff Truce Beckons as Bessent Warns Levies Threaten US-China Commerce

Markets

U.S. Treasury Secretary Scott Bessent’s recent declaration that the current 145% and 125% tariffs between China and the United States are “unsustainable” has injected fresh hope into markets and policy circles weary of trade-driven volatility. Signals from the White House suggest a willingness to scale back duties in tandem with Beijing, even as no formal negotiations have yet commenced. With...
BYD’s European Reset: How China’s EV Titan Is Rewiring Its Playbook for Western Success

BYD’s European Reset: How China’s EV Titan Is Rewiring Its Playbook for Western Success

Companies

BYD, China’s largest electric vehicle (EV) manufacturer, has experienced a significant strategic overhaul of its operations in Europe following several missteps that hampered its initial expansion. The company’s first foray into the European market came with high expectations, but early performance highlighted crucial gaps in its approach. Instead of acknowledging the diversity of European...
Top Indian Funds Pivot to Domestic Sectors Amid Global Uncertainty, Fueling Market Rebound

Top Indian Funds Pivot to Domestic Sectors Amid Global Uncertainty, Fueling Market Rebound

Markets

In the face of escalating global trade tensions and economic uncertainties, India's leading investment funds are recalibrating their strategies, turning their focus inward toward the domestic market. This strategic pivot is driven by the resilience of India's internal economy and the anticipation of a rebound in corporate earnings. The NSE Nifty 50 index, after experiencing a tariff-induced slump...
Roche's $50 Billion U.S. Investment: A Strategic Shift in Global Pharmaceutical Manufacturing

Roche's $50 Billion U.S. Investment: A Strategic Shift in Global Pharmaceutical Manufacturing

Companies

Swiss pharmaceutical giant Roche has announced a substantial investment of $50 billion in the United States over the next five years. This initiative is set to create over 12,000 new jobs, including approximately 6,500 construction roles and 1,000 positions within new and expanded facilities. The move is perceived as a strategic response to the U.S. administration's tariff policies aimed at...
IMF Says AI Will Boost Global Growth by 0.5% Annually Even as Power Demand Triples

IMF Says AI Will Boost Global Growth by 0.5% Annually Even as Power Demand Triples

Markets

The International Monetary Fund (IMF) forecasts that artificial intelligence (AI) will raise global GDP by approximately 0.5% annually between 2025 and 2030, with economic benefits outweighing the carbon footprint of the additional energy consumption required to power AI systems. However, this growth is accompanied by a steep rise in electricity demand—as much as a threefold increase to roughly...
Tariff Clash Grounds Xiamen Liveried Boeing 737 MAX, Shattering Aerospace Duty Free Traditions

Tariff Clash Grounds Xiamen Liveried Boeing 737 MAX, Shattering Aerospace Duty Free Traditions

Companies

A grounded Boeing jet set against the backdrop of escalating U.S.–China trade tensions has exposed fault lines in the aerospace industry’s duty‑free paradigm. President Trump’s imposition of 145% tariffs on Chinese imports and Beijing’s retaliatory 125% duties on U.S. goods have rendered Boeing deliveries to Chinese airlines economically untenable   737 MAX, bound for Xiamen Airlines...
Valentino Faces Profit Decline Amid Global Luxury Market Challenges

Valentino Faces Profit Decline Amid Global Luxury Market Challenges

Companies

Valentino’s operating profit plunged 22% in 2024, falling to €246 million as global appetite for high-end goods cooled sharply. This represents one of the steepest annual declines in the label’s recent history, underscoring how even storied brands are vulnerable to sudden demand swings.   The profit contraction was magnified by significant one‑off costs tied to strategic investments,...
Google’s Ad Tech Monopoly Ruling: Implications for the Digital Advertising Landscape

Google’s Ad Tech Monopoly Ruling: Implications for the Digital Advertising Landscape

Companies

In a landmark decision, a U.S. federal judge has ruled that Google illegally monopolized key segments of the online advertising technology market. This verdict not only challenges the tech giant's dominance but also signals potential shifts in the digital advertising ecosystem.   The court's finding paves the way for structural remedies, including the potential divestiture of Google Ad...
Global Shipping Brace for U.S. Port Fees on China‑Linked Vessels

Global Shipping Brace for U.S. Port Fees on China‑Linked Vessels

Markets

U.S. Trade Representative Jamieson Greer is poised to unveil the final plan on April 17, closing a year‑long investigation into China’s maritime dominance. The announcement coincides with the probe’s first anniversary, marking a pivotal moment for global shippers. Industry stakeholders have watched Greer’s process closely, hoping for clarity on fee structures and timelines. The final plan will...

World

WHO Faces Major Budget Cuts: The Impact on Global Health

WHO Faces Major Budget Cuts: The Impact on Global Health
The World Health Organization (WHO) is bracing for significant financial cuts, signaling a major shift in global health governance. A proposed 21% reduction in its budget is expected to reshape its...

UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread

UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread
In an unprecedented development, UK authorities have confirmed the first-ever case of bird flu (H5N1) in a sheep. The case was detected in northern England, where routine monitoring of farmed...

2024: A Year Marked By Escalating Climate Extremes

2024: A Year Marked By Escalating Climate Extremes
In 2024, the global community faced unprecedented climate challenges, with human-induced climate change significantly intensifying extreme weather events. A comprehensive analysis by World Weather...

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared
The United States has reported its first severe human case of bird flu in 2024, involving a Louisiana resident who is hospitalized in critical condition. This marks a significant shift in the ongoing...

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals
Tropical wetlands, long known for their ability to absorb vast amounts of carbon, are now emerging as a major contributor to methane emissions, significantly complicating global efforts to tackle...

People

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls
Republican nominee and former U.S. President Donald Trump announced on Thursday that he would not participate in a third presidential debate against his Democratic rival, Vice President Kamala...

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals
Vice President Kamala Harris on Friday presented a comprehensive economic policy agenda aimed at countering criticisms from Republicans and addressing key middle-class concerns. Speaking in Raleigh,...

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg
According to a Bloomberg story quoting sources, billionaire Elon Musk, who has been criticising US President Joe Biden more and more, has contributed to a political organisation that aims to elect...

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age
A recent study challenges the widely held belief that school bullies would eventually get their comeuppance by indicating that they are likely to end up with greater earnings. The Institute for...

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million
A New York judge ruled in the former president's civil business fraud trial on Friday, ordering him to pay a total of approximately $454 million in penalties.   According to an attorney...