Business - Page 2

China’s tech giant, Huawei, announced on Sunday its plans to transfer core technologies and resources from its smart car unit to a new joint venture, with up to 40% ownership by the

Russia’s crucial oil trade routes have encountered a significant challenge due to the complications arising from payments in currencies other than the US dollar, and a quick resolution seems elusive. For decades,

A year following the enactment of the most extensive climate change legislation in U.S. history, designed to ignite a surge in American clean energy development, President Joe Biden’s agenda is being challenged

Russian retailer Magnit announced on Friday the successful completion of a buyback valued at approximately $736 million, providing an exit opportunity for Western investors whose assets had been locked in Russia due

In a holiday-shortened trading session, U.S. stocks showed little change on Friday, with low trading volume and investor caution as they monitored the start of the seasonal shopping season for signs of

On Friday, a substantial number of HSBC customers in the United Kingdom encountered significant difficulties accessing their mobile and online banking services, marking another instance in a series of recurring issues that

Jet2, the prominent British travel company, announced that it is well on course to achieve its annual projections, following a substantial surge in operating profit during the six-month period ending in September.

New Zealand-based asset manager NZ Funds has achieved an extraordinary 300% return on its investment in uranium, capitalizing on supply shortages driven by geopolitical tensions among the United States, Russia, and China,

Commodity prices are currently painting a brighter picture for sentiment in China. The December iron ore futures contract, a key indicator on the Singapore Exchange, has surged by an impressive 10% this

In a significant victory for the refining industry, a U.S. appeals court has overturned the Biden administration’s decision to deny “hardship waivers” to small refiners, allowing them exemption from the nation’s biofuel