Economy
LG Energy Solution Forecasts 34% Profit Jump as US EV Buyers Race for Tax Incentives
LG Energy Solutions is one of the US producers of LFP batteries, a technology largely dominated...
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Primark’s Record €1.8 Billion Turnover In Spain Highlights Strong Growth Despite Falling Growth Margins
Primark’s Spain wing recorded €40.3 million in earnings, a 4% increase from the previous year. This...
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US to Impose Port Fees on China-Linked Vessels to Counter Chinese Maritime Trade Dominance
Non-Chinese operators using Chinese-built ships will be charged the higher amount of either $23 per ton...
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Fifth Third Bank To Acquire Comerica For $10.9 Billion As More US Regional Banks Seek M&As To ThriveÂ
Most regional banks, including Comerica, are exploring opportunities to diversify their revenue streams, maintain a more...
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OpenAI Announces a Multi-Billion Dollar AI Chip Deal with AMD
AMD expects the deal to generate billions of dollars annually and anticipates surpassing $100 billion in...
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Japanese Stocks Hit Record Highs as Takaichi Set to Become First Female Prime Minister
With Sanae Takaichi set to become Japan’s prime minister, advancing expansionist economic policies, concerns have been...
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EY Reports Gulf Banks’ Robust Activity In H1 As Return On Equity Rises To 13.2%Â
The Gulf economies have also predicted strong economic growth, with a 3% growth forecast for 2025...
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Mandarin Oriental To Sell Top Floors Of Its One Causeway Bay With Alibaba As Speculated BuyerÂ
Mandarin Oriental is looking to sell the top 13 floors of One Causeway Bay, totalling 270,000...
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AEON Credit And MUFG Malaysia To Jointly Launch RM500 Million Worth Social LoanÂ
This venture is MUFG’s first social loan in Malaysia. MUFG has collaborated with AEON previously, having...
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Sri Lanka’s Rubber Exporters Oppose Removal Of Simplified VAT, Citing Serious Economic FalloutÂ
The removal of SVAT without a tried and tested refund mechanism will result in Sri Lanka’s...
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