Business News
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China to Inject $54B into State Banks, Insurers to Boost Economy
BEIJING — China’s central bank has pumped $54 billion (about 390 billion yuan) into the country’s largest state-owned…
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Microsoft names Miki Tsusaka, Yang Hou to lead Asia business
REDMOND, Wash., Sept. 5 — Microsoft is splitting leadership of its Asia business between two executives, a move…
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KPMG whistleblower exposes systemic misconduct, was turned away
CANBERRA, Sept. 4 — Australia’s corporate regulator closed a whistleblower complaint against KPMG within days of receiving it,…
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Australian Businesses to End Card Surcharging on October 1
Sydney, September 1 — The Reserve Bank of Australia has announced significant changes to the way businesses handle…
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End of War Could Shift Consumer Spending Patterns in Iran
Tehran, August 21 — Iran’s President made a statement on August 21 that has sent ripples through both…
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India’s Formal Credit Penetration Doubles in a Decade
MUMBAI, July 30 — India’s formal retail credit penetration has more than doubled over the past decade, according…
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Shrinkflation: Packages Shrink as Costs Rise Worldwide
Against the backdrop of persistently high input costs, a quiet but consequential economic phenomenon is reshaping supermarket shelves:…
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Inside Manufacturing Costs: The Three Pillars of Production Expenses
CHICAGO, July 25 — Manufacturing cost is more than a line item on a balance sheet. It is…
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Tariffs’ Impact on Consumer Prices: Mechanism Explained
WASHINGTON, July 25 — The tariff, that most venerable of trade weapons, is having a moment once again…
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Warner Bros. Discovery to be sold to Paramount Skydance in 2026
NEW YORK, July 21 — The figure that matters for Warner Bros. Discovery today is the sum it…
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Paramount Global, Skydance merger reshapes media consolidation
NEW YORK, July 21 — Over 170 networks. Roughly 700 million subscribers across 180 countries. By the numbers,…
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Tariffs Explained: Import Taxes Protect Domestic Industries
WASHINGTON, July 21 — Tariffs, defined as duties imposed by a national government on imports of goods and…
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Horizontal mergers draw antitrust scrutiny over monopoly risks
NEW YORK, July 21 — Horizontal integration is the process by which a company expands production of goods…
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Tariffs’ True Burden Falls on Consumers, Not Just Importers
WASHINGTON, July 20 — The economic concept known as tax incidence measures who ultimately bears the cost of…
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Canada’s Supply Chain Resilience Rooted in Math Optimization Science
OTTAWA, July 19 — A Canadian mathematician has been awarded an undisclosed honour for work that helped reshape…
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GameStop’s Shrinking Footprint Highlights Shift from Retail Roots
DALLAS, July 17 — GameStop Corp., the Grapevine, Texas-based video game retailer that became a household name during…
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BYD’s vertical integration controls batteries, chips, supply chain
SHENZHEN, July 17 — For communities across Asia watching the electric vehicle revolution unfold, the story of BYD…
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India’s Antitrust Regulator Fines HP for Competition Act Violations
NEW DELHI, July 17 — The story of India’s competition watchdog begins not with a bang, but with…
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Cartelization Undermines Free Markets, Triggers Antitrust Scrutiny
ROME, July 17 — The word itself comes from the Italian cartello , a leaf of paper or…
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Kraft Heinz CEO tackles grocery slowdown as shoppers buy less
CHICAGO, July 16 — The man steering one of the world’s largest food companies through a grocery slowdown…
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Microsoft’s 1986 IPO sparked a 225-company acquisition spree
REDMOND, Wash. — Microsoft closed its initial public offering on March 14, 1986, at $27.75 a share, giving…
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Overstated Claim: Amazon and SpaceX Valued at $2T, Not $4.5T
NEW YORK, July 15 — A recent claim circulating in financial news that the combined market capitalization of…
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Economic Impact: The $4.5 Trillion Collision Course
SEATTLE, July 15 — The rivalry between Jeff Bezos and Elon Musk is playing out not just in…
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FCC, NASA, Pentagon Face New Government Contract Battles
WASHINGTON, July 15 — The Federal Communications Commission finds itself once again at the centre of a high-stakes…
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