European companies have made substantial investments in generative AI technology over recent years. This surge in capital expenditure reflects the high hopes placed on the transformative potential of AI to revolutionize business operations and boost efficiency. Firms have committed significant...

Top commodity traders remain confident that the oil market is well supplied for the foreseeable future. Executives from leading trading houses have pointed out that current supply levels are robust, with plenty of production capacity available to meet global demand. The consensus is that, for the...

India is weighing a significant tariff cut on more than half of its U.S. imports—a move that could impact goods valued at around $23 billion. This preemptive step is designed to offset the potential damage of U.S. reciprocal tariffs that threaten to disrupt trade flows. By lowering its tariffs,...

In a move reflecting Beijing's ongoing efforts to address industrial overcapacity and environmental concerns, several steel producers in northwestern China's Xinjiang region have commenced production cuts. Notably, Xinjiang Ba Yi Iron and Steel Co, a subsidiary of the world's largest steel...

Investor sentiment in the biopharma sector has experienced a marked realignment over the past few years. High-cost, high-risk gene therapies that once captured the imagination of venture capitalists are now being sidelined in favor of sectors that promise more immediate returns. As the market...

The slowing economy in China has taken a heavy toll on the restaurant industry. As consumer spending tightens, dining out is increasingly viewed as a luxury that many can no longer afford. This downturn has contributed to a deflationary spiral that is shrinking revenues across the board, with many...

Government and corporate bonds worldwide have now surged past the $100 trillion mark, setting a historic record that underscores the unparalleled fiscal pressures faced by economies around the globe. This milestone reflects decades of cumulative borrowing by nations and companies alike, as they...

Fintech and cryptocurrency companies are increasingly pursuing bank charters as a means to expand their operations and capture a larger share of the financial market. With a shift toward a more industry-friendly regulatory climate under the current administration, these firms view the acquisition...

In a bold move to reshape the electric vehicle (EV) landscape, Chinese automakers are rolling out fast-charging systems that promise to revolutionize long-distance travel for EV drivers. These innovative systems aim to counter one of the most persistent concerns among prospective EV buyers: range...

Global economic slowdown concerns continue to cast a shadow over oil prices as weak demand from major economies counters fears of supply disruptions. Market participants have noted that subdued global growth pressures prices even when geopolitical events threaten to tighten supply. This trend is...

In recent months, China has noticeably shifted its economic focus from relying heavily on exports to nurturing domestic consumption. Facing mounting pressure from US tariffs that have dampened its export engine, Beijing is now pinning its hopes on the vast domestic market. The government’s strategy...