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Browsing: Business
WTO says AI could boost global trade by nearly 40% and GDP by 13% by 2040 if digital infrastructure and trade policies are adapted worldwide.
Paramount and Skydance prepare a bid for Warner Bros Discovery with analyst-backed synergy potential exceeding $3 billion in major US media industry move.
Nvidia is under Chinese investigation for breaching merger conditions from its 2020 Mellanox acquisition deal, authorities confirmed.
Tesla shares surged after Elon Musk disclosed a $1B stock buy, his first major acquisition since 2020, adding 2.57M shares to his holdings.
China’s economic slowdown deepened in August as retail, industrial output and investment missed forecasts, signaling broad-based weakness.
Microsoft reaffirmed its partnership as OpenAI expands infrastructure and transitions corporate governance to a nonprofit-controlled benefit corporation.
Novo Nordisk announced a global restructuring, cutting 9000 jobs to streamline operations and improve efficiency, impacting 11.5% of its workforce.
Manufacturing layoffs rise as American factories face monthly cost hikes due to tariffs, driving up unemployment and stalling wage growth.
U.S. officials detained 475 workers at Hyundai’s Georgia battery plant, pausing construction and prompting South Korea to arrange repatriation flights.
88 postal operators suspended US-bound mail after the US revoked the de minimis exemption, triggering an 81% drop in global postal traffic.
