Global Business

Global Business

Boeing 2024 plane deliveries tumble on labor, safety woes

The annual figure was well below 2023 deliveries and less than half the 766 aircraft European rival Airbus brought to customers last year.

53m ago

Beijing 'firmly opposes' US ban on smart cars with Chinese tech

"Such actions disrupt economic and commercial cooperation between enterprises... and represent typical protectionism and economic coercion," foreign ministry spokesman Guo Jiakun said

58m ago

Analysis / Renewed US trade war threatens China's 'lifeline'

Exports have historically represented a key engine in the world's number two economy, where authorities will release 2024 growth data on Friday that is expected to be among the lowest in decades.

4h ago

US securities regulator sues Musk over purchase of Twitter shares

Musk's role at the social network has been marked by numerous controversies and led to various legal actions on the part of investors, former employees and companies that had contracts with Twitter, now called X.

5h ago

Bangladesh-Pakistan trade yet to reach expected level

DCCI president says at meeting with the Federation of Pakistan Chambers of Commerce and Industry

21h ago

Global electric car sales rose by 25% in 2024

A record 17.1 million battery electric vehicles (excluding plug-in hybrids) were sold last year across the world, according to figures compiled by the firm.

1d ago

Analysis / Trump's return threatens resurgence of trade wars

Even before taking office, Trump has raised the prospect of fresh levies on companies, countries and groups of states as he seeks to implement his agenda

1d ago

FICCI expresses concern over hikes in tax, SD

Increased costs of doing business could weaken operational capacity, the chamber said

1d ago

With inflation slowing, ECB to cut rates again

With inflation slowing and the economic outlook darkening, the European Central Bank is expected to cut interest rates again Thursday but is unlikely to give much away about its next moves

4m ago

China slams Canadian tariff proposal as 'dangerous'

China's Commerce Ministry on Wednesday called Canada's intention to impose further tariffs on its batteries, tech products and critical minerals "dangerous," according to state media

4m ago

Optimism of US firms in China at record lows: report

American firms in China are grappling with an unprecedented web of challenges, a business group said Thursday, as economic woes and geopolitical tensions drag optimism and profitability to all-time lows

4m ago

Zara owner Inditex posts record profit for first half

Zara owner Inditex, the world's biggest fashion retailer, posted a record net profit for the first half of the year on Wednesday, despite slower sales growth.

4m ago

Boeing August MAX deliveries to China highest since 2018

Corrects to say the August China MAX deliveries were highest since December 2018, not December 2019, with error due to incorrect information from Boeing. Headline has been corrected, along with story

4m ago

EU business lobby head says 'enormous waste' in Chinese EV sector

Overcapacity of Chinese electric vehicles is among the top concerns facing European firms in the country, the president of a business lobby warned Wednesday, decrying "enormous waste" in some key sectors.

4m ago

China coal production threatens climate goals: study

China's planned expansion of coal mining threatens the country's climate goals and risks vastly increasing its methane emissions, a study warned on Tuesday

4m ago

UK government sets up board to tackle labour market inactivity

Britain's Labour Party on Tuesday launched a new advisory board that will help address long-standing issues in the country's labour market, including reducing high levels of inactivity among working-age people

4m ago

Chinese exports top forecasts but imports slow sharply

China's exports jumped in August but imports fell well short of expectations, data showed Tuesday, as the country's leaders struggle to boost consumption in the world's second-largest economy

4m ago

ECB to deliver fresh rate cut as inflation cools

The European Central Bank is expected to cut interest rates again this week as inflation drifts back down towards its two-percent target, but policymakers will likely stay tight-lipped on future moves

4m ago