Browsing: Business

The Hague, October 13, 2025: The Dutch government has taken direct control of Nexperia, a Netherlands-based chipmaker owned by China’s Wingtech Technology, citing significant governance shortcomings and the need to protect national economic security. The rare intervention was announced on October 12 and carried

BRUSSELS, October 11, 2025: The European Commission announced on Friday the addition of six new AI Factories to its growing network, marking a significant step in its efforts to position the European Union as a global hub for artificial intelligence. The expansion brings the total

MARSHALL, Texas, October 11, 2025: A federal jury in Marshall, Texas, has ordered Samsung Electronics to pay $445.5 million in damages to Collision Communications, finding that the South Korean technology company willfully infringed four patents tied to wireless communication standards used in 4G, 5G and Wi-Fi

NEW YORK, October 9, 2025: Gold prices broke through the $4,000 per ounce barrier for the first time, prompting a sharp rally in mining stocks globally as investors shifted focus to companies positioned to benefit from the historic surge in the precious

WASHINGTON, October 7, 2025: The World Bank has raised its economic growth forecast for 2025 across the region encompassing the Middle East, North Africa, Afghanistan and Pakistan, known collectively as MENAAP, citing stronger-than-expected activity in Gulf economies and resilient performance in non-oil sectors. According to the

WARSAW, 7 October 2025: Poland’s registered unemployment rate rose to 5.6 percent in September, according to official figures released by the Ministry of Family, Labour and Social Policy. The figure reflects an increase from 5.5 percent in August and marks the highest level of

U.S. consumer confidence declined for a second consecutive month in September as inflationary concerns and a weakening labor market continued to weigh on household sentiment, according to new data released Tuesday by the Conference Board. The Conference Board’s Consumer Confidence

Solar energy is on track to make up more than half of all new electric generating capacity added in the United States this year, as developers ramp up installations at a record-setting pace, according to the U.S. Energy Information Administration (EIA). The agency

India and China have agreed to resume direct passenger flights between the two countries, marking the first such move since air links were suspended in early 2020. The agreement comes as both sides work to rebuild diplomatic and economic ties following years of tension along

Electricity prices across the United States have surged by an average of 25 percent over the past four years, a sharp rise that is outpacing general inflation and driving widespread concern among households already struggling with elevated costs of living. According to the latest federal