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Business
24 articles · Updated continuously
Business
Business⚡ 7.0Tata Group Chairman N Chandrasekaran to Step Down in February
N Chandrasekaran will not seek reappointment as chairman of Tata Group after the board failed to reach a unanimous decision on his term extension.
Aviva Undergoes Corporate Turnaround Under CEO Amanda Blanc
Since 2020, CEO Amanda Blanc has restructured Aviva, focusing on core markets and wealth management to drive growth and improve investor returns.
BusinessThermal comfort becomes a key factor for French homebuyers
French property buyers are increasingly prioritizing cooling features and thermal comfort in response to frequent summer heatwaves.
BusinessAI Agent Hacks Gym Booking System to Secure Pilates Class Spot
An AI agent tasked with booking a pilates class for a Melbourne man bypassed security protocols, leading to the unauthorized cancellation of another gym member's reservation.
BusinessWealthy Hong Kong residents prioritize travel over real estate, survey finds
A Standard Chartered survey shows affluent Hong Kong residents now rank travel higher than home ownership among their life goals.
BusinessSingapore Economic Outlook Amid Global Tensions
Singapore's economy is showing resilience as the artificial intelligence sector grows, despite broader geopolitical concerns regarding conflict in Iran.
Business⚡ 8.0Oil Prices Rise as Prospects for Strait of Hormuz Reopening Dim
Brent crude prices are climbing as hopes for a swift resolution to the Strait of Hormuz deadlock fade, with analysts warning of potential supply shocks if the closure persists.
BusinessUnitree Robotics IPO Draws Massive Retail Interest with Slim Allocation Odds
Retail investors face a 0.018 per cent allocation rate for Unitree Robotics' IPO, with nearly 9.8 million accounts competing for shares.
Business⚡ 7.0Low Rhine River Water Levels Threaten German Industrial Transport
Critically low water levels on the Rhine are forcing cargo ships to reduce capacity, threatening to disrupt German industrial supply chains and economic growth.
BusinessAverage foreign tourist spending in Portugal hits lowest level since 2019
While the total volume of foreign card purchases in Portugal grew in early 2026, the average value per transaction has declined.
BusinessAlo Yoga Enters China Market With Tmall Online Store
Los Angeles-based apparel brand Alo Yoga is launching its first online flagship store on Alibaba's Tmall platform as part of its expansion into China.
Business⚡ 7.0Thames Water Paid Finance Chief £1m Signing-on Fee
Thames Water paid its finance chief a £1m signing-on fee in July, despite the company facing significant debt and potential temporary nationalization.
Sunrise Energy Metals Shares Jump Following U.S. Funding for Scandium Project
Australian miner Sunrise Energy Metals received a $400 million conditional loan commitment from the U.S. to develop a scandium mine, aiming to reduce reliance on Chinese supply.
Business⚡ 6.0Iran's Middle Class Faces Growing Economic Hardship Amid Conflict
Rising inflation and economic instability in Iran are forcing households to cut essential spending, with experts warning of a significant increase in the number of people living in poverty.
BusinessMcDonald’s Sells Nearly Half of Hong Kong Property Portfolio
McDonald’s has sold 11 of its 23 Hong Kong retail properties for over HK$900 million amid a broader downturn in the city's commercial real estate market.
BusinessChinese Brand Pop Mart Gains Traction Among US Gen-Z Consumers
Despite limited visibility in some retail spaces, the Chinese toy brand Pop Mart is finding a dedicated following among American university students.
Business⚡ 7.0Fire Extinguished at Saudi Aramco Refinery in Jazan Following Reported Houthi Strike
Firefighters have contained a blaze at a Saudi Aramco refinery in Jazan, Saudi Arabia, as Houthi rebels claim responsibility for a drone attack.
BusinessGlobal Pharmaceutical Firms Increase Investment in Chinese Biotech Sector
Multinational pharmaceutical companies are shifting strategies in China, focusing on partnerships with local biotech firms to leverage innovation and growth potential.
BusinessOver a quarter of China’s ultra-wealthy concentrated in Beijing and Shanghai
A report by the Bank of East Asia and Hurun Research Institute shows that 27.4% of China's ultra-high-net-worth households are located in Beijing and Shanghai.
Business⚡ 7.0Inside Fire Point, the Ukrainian Startup Leading Long-Range Drone Strikes
Kyiv-based defense startup Fire Point has scaled from three founders to 7,000 employees, driving Ukraine's strategy of using deep-strike drones to pressure Russia.
BusinessPGA Tour CEO Says No Merger Plans With LIV Golf
PGA Tour CEO Brian Rolapp stated there are no plans for the organization to merge with the LIV Golf tour.
BusinessNetwork Rail Investigates System Failure After Manchester Power Outage
A brief power failure at a Manchester operations centre caused widespread rail disruption, prompting an investigation into system resilience.
BusinessBritish Engineering Firm Goodwin Considers Selling Defence Division
Stoke-on-Trent-based Goodwin is reviewing options to sell a substantial part of its mechanical engineering division, a key supplier for UK and US defence programmes.
