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...
Read moreDetails
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...
Read moreDetails
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...
Read moreDetails
Fifth Third Bank To Acquire Comerica For $10.9 Billion As More US Regional Banks Seek M&As To Thrive
Most regional banks, including Comerica, are exploring opportunities to diversify their revenue streams, maintain a more...
Read moreDetails
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...
Read moreDetails
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...
Read moreDetails
EY Reports Gulf Banks’ Robust Activity In H1 As Return On Equity Rises To 13.2%
The Gulf economies have also predicted strong economic growth, with a 3% growth forecast for 2025...
Read moreDetails
Mandarin Oriental To Sell Top Floors Of Its One Causeway Bay With Alibaba As Speculated Buyer
Mandarin Oriental is looking to sell the top 13 floors of One Causeway Bay, totalling 270,000...
Read moreDetails
AEON Credit And MUFG Malaysia To Jointly Launch RM500 Million Worth Social Loan
This venture is MUFG’s first social loan in Malaysia. MUFG has collaborated with AEON previously, having...
Read moreDetails
Sri Lanka’s Rubber Exporters Oppose Removal Of Simplified VAT, Citing Serious Economic Fallout
The removal of SVAT without a tried and tested refund mechanism will result in Sri Lanka’s...
Read moreDetails
The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
