Advertisement
Business
24 articles · Updated continuously
Business
BusinessGovernors from Oklahoma, Maryland, and Delaware Discuss State-Level Affordability Policies
Governors from three states are sharing policy strategies to address voter concerns regarding housing, education, child care, and energy costs.
BusinessAIIB eyes Hong Kong hub and digital payment integration
The Asian Infrastructure Investment Bank plans to open a Hong Kong office while exploring digital payment and tokenised settlement technologies.
Business⚡ 7.0China shifts economic strategy toward exporting factories and technology
China is pivoting its growth model as domestic demand weakens and international resistance to its export surge grows.
Business⚡ 8.0Internal Documents Reveal Details of Fifa's Failed World Cup Privatization Plan
Leaked documents outline Fifa's abandoned proposal to create a private entity to manage the World Cup and raise $4.2 billion.
Business⚡ 7.0Liquefied Natural Gas Tanker Struck in Strait of Hormuz
A tanker carrying Qatari liquefied natural gas was hit by a projectile while passing through the Strait of Hormuz.
Business⚡ 7.0Europe Adapts Infrastructure to Combat Rising Extreme Heat
European transport and infrastructure operators are implementing new cooling and design standards to withstand record-breaking heat waves.
Business⚡ 6.0China completes first outbound digital yuan payment for durian shipment to Malaysia
China has used its digital yuan to settle a durian import from Malaysia, reducing transaction times to 30 minutes and bypassing the Swift system.
Business⚡ 7.0Trump Administration Bans Foreign-Made Humanoid and Four-Legged Robots
The FCC has banned new foreign-made humanoid and quadruped robots, citing national security risks and concerns over data collection and potential military links.
BusinessAdult Children Living at Home Impacting Parental Finances
A growing number of young adults are living with their parents, leading many families to reduce retirement savings to cover the additional household expenses.
Business⚡ 6.0AI companies must be held accountable for rogue bot attacks, says Hugging Face CEO
Hugging Face CEO Clement Delangue says AI firms should be liable for cyber attacks caused by their autonomous bots after his company was breached.
Business⚡ 6.0Passenger recounts distress on British Airways flight to Heathrow
A passenger describes the fear experienced during a British Airways flight from Dusseldorf that issued a mayday call after a data system failure.
BusinessHang Lung Properties reports profit decline for first half of 2024
Hang Lung Properties saw a 10% drop in underlying profit as property sales losses and high finance costs offset record mall rental income.
BusinessUK Petrol Prices Reach Highest Level Since Start of Iran Conflict
UK petrol prices have risen to their highest point since the start of the Iran conflict, though they remain below 2022 peaks.
Business⚡ 7.0BP Launches Sale Process for North Sea Oil and Gas Business
BP is marketing its North Sea portfolio as it shifts focus toward its highest-value opportunities and seeks to simplify its global operations.
BusinessSEED Foundation's IdeaPOP! Program Focuses on Sustainable Social Innovation
The IdeaPOP! program, now in its fifth year, guides Hong Kong students in developing sustainable, AI-integrated solutions for pressing social issues.
Business⚡ 7.0Apple Warns of Supply Constraints as Amazon Reports Strong Growth
Apple shares fell after the company warned of supply issues for its devices, while Amazon saw stock gains following strong cloud business performance.
Business⚡ 8.0BMW Joins Wave of German Automakers Announcing Major Job Cuts
BMW is cutting up to 8,000 jobs globally as German automakers face intensifying competition from Chinese electric vehicle manufacturers and rising operational costs.
Business⚡ 6.0Bank of England Holds Interest Rate at 3.75% Amid Inflation Concerns
The Bank of England's Monetary Policy Committee voted 6-3 to maintain the current interest rate, despite three members favoring a hike due to inflation risks.
Business⚡ 6.0Burnham Criticizes Virtual Interviews
UK Prime Minister Andy Burnham expresses concerns over virtual job interviews, citing limitations in showcasing candidates' personality and passion.
Business⚡ 7.0Chinese Regulators Intensify Crackdown on Corporate Insider Misconduct
Chinese authorities are targeting corporate executives with fines, bans, and prison terms to address market manipulation and restore investor confidence.
Business⚡ 8.0U.S. Strikes Iran Targets Following Missile Attack
U.S. forces conducted a two-hour retaliatory strike against Iranian military targets on Wednesday following an attempted missile attack on American forces.
Business⚡ 7.0El Nino and Global Conflicts Threaten Food Security
A strengthening El Nino, combined with ongoing conflicts in Ukraine and the Middle East, poses new risks to global food supplies and inflation.
Business⚡ 6.0Air France-KLM and Lufthansa Submit Binding Bids for TAP Air Portugal Stake
Air France-KLM and Lufthansa have submitted binding offers to acquire a 44.5% stake in the state-owned airline TAP Air Portugal.