A group of high-profile investors who assumed control of TikTok’s American business will collectively pay the US government $10 billion as part of a remarkable and rarely seen transactional arrangement. …
Asian equities fell sharply on Friday as ongoing conflict in the Middle East continued to unsettle financial markets. The dispute involving Iran and the United States has pushed oil prices …
Honda Motor Co. has warned investors it may record its first annual loss since listing on the stock market in 1957. The company revealed restructuring costs of up to 2.5 …
Chinese startup DeepSeek has become one of the most talked-about companies in the global technology industry. Its latest open-source large language model delivers strong performance while significantly lowering development costs. …
Chinese Vice-Premier He Lifeng will represent Beijing in the latest round of trade consultations with the United States, scheduled to take place in France. The negotiations, running from Saturday to …
Spain’s wealthiest man, Amancio Ortega, is set to collect a record €3.23bn dividend from his fashion empire, much of which is expected to flow directly into global real estate. Ortega …
The UK’s economic recovery hit a wall in January, as official data showed a total lack of growth following a month of intense geopolitical and fiscal uncertainty. The 0% GDP …
HSBC has posted annual pre-tax profits of $29.9bn, outperforming market expectations despite significant write-downs in its Chinese operations. The bank’s performance has paved the way for a $3.9bn bonus pool, …
The US Treasury has opened a narrow 30-day window for the purchase of Russian oil currently on the water to prevent a global supply catastrophe. This emergency measure is a …
The Federal Reserve’s battle against inflation has been complicated by the sudden outbreak of war, which occurred just as February’s inflation data showed a steady 2.4% annual rate. While core …