Business

Global stock markets faced a sharp downturn during the first week of August 2024, with major indices falling dramatically as investor sentiment soured amid growing economic uncertainty. The S&P 500,…

The U.S. steel industry is undergoing significant transformation as Japan’s Nippon Steel Corporation announces its intention to acquire U.S. Steel in a deal valued at $15 billion. This major acquisition…

A major global IT disruption unfolded on July 19, 2024, as a software update from cybersecurity company CrowdStrike malfunctioned, triggering massive system failures on Microsoft Windows platforms. The outage affected…

China’s economy has shown signs of slowing down as the National Bureau of Statistics revealed that the country’s GDP growth for the second quarter of 2024 dropped to 4.7%, a…

The first week of July 2024 saw concerning signals about the global economy, particularly in the manufacturing sector. Economic indicators pointed to a clear slowdown, with key reports highlighting weak…

Boeing has reached an agreement to acquire Spirit AeroSystems, a major supplier in the aerospace industry, for a reported $4.7 billion. This acquisition represents a major shift in the dynamics…

The World Bank has revised its global economic growth forecast for 2025, significantly lowering it to 2.3%, down from the previously predicted 2.8% for 2024. The primary cause of this…

In a significant move to ease growing global tensions, the United States and China have agreed to a framework aimed at restoring a fragile trade truce. After two days of…

Online fast-fashion powerhouse Shein is gearing up for an initial public offering (IPO) in London, which could see the company valued at an impressive $66 billion (£51.7 billion). The decision…