Two-thirds of developing economies will see lower growth than in 2022, dealing a major setback to coronavirus pandemic recovery. The World Bank has raised its…
The United States Securities and Exchange Commission (SEC) has sued Coinbase, accusing the largest US cryptocurrency platform of operating illegally because it failed to register…
If the new device turns out to be a niche product, it would leave Apple in the same bind as other major tech companies. Apple…
The online retail giant’s entry could cause major disruptions in US telecom which has some of highest charges globally. Shares of Verizon Communications Inc, AT&T…
Amid an AI boom, the US chipmaker has added more than $500bn in value since the start of 2023. See how it compares with other…
India’s economic growth has accelerated to 6.1 percent in the January–to-March quarter, boosted by government and private capital spending even as private consumption remained sluggish,…
Global debt currently stands at $305 trillion, $45 trillion higher than before the COVID-19 pandemic, according to the Institute of International Finance (IIF) – a…
Tesla Chief Executive Elon Musk is on a high-stakes visit to China, starting with a meeting with the country’s foreign minister in Beijing, marking his…
The debt-ceiling deal between President Joe Biden and House Speaker Kevin McCarthy would suspend the United States’ debt limit through 2025 to avoid a federal…
Japanese stock market rises to the highest level since July 1990 after the US finalises deal to raise the debt ceiling. Japan’s Nikkei share average…
US president and House Speaker Kevin McCarthy confident they will be able to get enough support to avert unprecedented default. United States President Joe Biden…
A key index of United States prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high.…
While United States President Joe Biden and the Republicans fight about raising the limit on government borrowing to avoid a default on its debt, one…
US company dominates market for chips used to power ChatGPT and many similar services, a key reason behind its stock surge. Nvidia Corp stock has…
Federal Reserve Chair Jerome Powell said on Friday it is still unclear if US interest rates will need to rise further, as central bank officials…
Lead Republican negotiator on deb cap negotiations said talks have paused but White House said deal still possible. Talks between US House of Representatives Republicans…
Leaders of the G7 meet in the southern Japanese city of Hiroshima for their annual summit from May 19 – 21. The are expected to…
Disney is scrapping plans to move 2,000 jobs to Florida amid a widening legal battle with Florida Governor Ron DeSantis. Walt Disney Co is scrapping…
At Tesla’s annual shareholder meeting, Musk said Tesla would advertise its cars, something it has never done before. Tesla Chief Executive Elon Musk has warned…
That settlement requires Musk to obtain prior approval from a Tesla lawyer for some of his tweets. Elon Musk cannot back out of a settlement…