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24 articles · Updated continuously
Business
BusinessUS Biotech Firm Axiom Biosciences Plans Hong Kong IPO
Axiom Biosciences, a San Diego-based firm developing AI-driven therapies for infant brain injuries, aims to raise US$200 million in a 2027 Hong Kong IPO.
Eurofound report finds nearly one in five EU jobs are vulnerable
A report from the EU agency Eurofound indicates that 18.8% of jobs in the European Union were classified as vulnerable in 2021, with Spain recording the highest rate.
Business⚡ 6.0UK Government to Cut VAT on Household Electricity Bills Starting October
Prime Minister Andy Burnham has announced a VAT reduction on electricity bills, funded by the cancellation of a digital ID program.
Business⚡ 7.0AliExpress fined €550m by EU over illegal and unsafe goods
The European Commission has imposed a record fine on AliExpress for failing to adequately prevent the sale of counterfeit and dangerous products on its platform.
Andy Burnham Becomes UK Prime Minister as Markets Monitor Policy Shift
Andy Burnham has been appointed the 59th Prime Minister of the United Kingdom, succeeding Sir Keir Starmer following his resignation.
BusinessMainland Chinese immigrants play key role in Canadian property market
Mainland Chinese immigrants purchased an estimated C$5.7 billion in Canadian homes last year, remaining active despite a federal ban on foreign property buyers.
Business⚡ 6.0Ryanair Profit Falls as Fuel Costs and Middle East Conflict Impact Earnings
Ryanair reported a significant drop in quarterly profit as rising fuel costs and consumer hesitancy linked to Middle East conflict weighed on the airline's financial performance.
Business⚡ 6.0China's antitrust probe into Trip.com nears conclusion
China's market regulator is expected to announce the results of its antitrust investigation into Trip.com Group as early as this week.
BusinessThousands of parents missing out on weekly child benefit payments
Official data indicates that nearly one-third of eligible parents fail to claim child benefit before their child's first birthday, potentially losing hundreds of pounds.
Nobel Laureate Philippe Aghion on Europe's AI Strategy and Economic Challenges
Nobel Prize-winning economist Philippe Aghion discusses how Europe can address its AI development gap compared to the US through better research funding, venture capital, and specialized applications.
BusinessViral tiger-head bag highlights growth in China's heritage e-commerce
A surge in sales for traditional Chinese handicrafts follows a viral appearance of a tiger-head bag, reflecting a broader trend in the nation's 100 billion yuan intangible heritage market.
Business⚡ 7.0Incoming Prime Minister Burnham Faces North Sea Energy Policy Decisions
As Andy Burnham prepares to take office, his administration faces critical decisions regarding North Sea oil and gas licensing, existing field approvals, and the Energy Profits Levy.
Business⚡ 6.0US to Impose 25% Tariffs on Most Brazilian Imports
The US Trade Representative's office announced new 25% tariffs on most Brazilian goods, citing unfair trade practices and unresolved negotiations.
Business⚡ 8.0US Dollar Hits Record High Against Iranian Rial Amid Regional Conflict
The Iranian rial has reached a record low against the US dollar as military and political tensions drive currency depreciation and inflation.
BusinessSun Hung Kai Properties sells out first batch of Garden Regency flats
Sun Hung Kai Properties sold all 138 units in the first batch of its Garden Regency project in Yuen Long on Saturday.
Business⚡ 8.0Iran-US Conflict Disrupts Gulf Oil and Gas Shipping
Renewed fighting between the US and Iran has halted traffic in the Strait of Hormuz, threatening global energy supplies and forcing producers to seek alternative export routes.
Semiconductor Supplier AT&S Drives Record Gains on Vienna Stock Exchange
Austria’s ATX index has become Europe's top-performing equity market in 2026, fueled by the rapid growth of semiconductor substrate manufacturer AT&S.
BusinessChina's yoga apparel market faces slowing growth and increased competition
Lululemon faces declining same-store sales in China as middle-class consumers shift their interest toward other sports categories.
BusinessGazundering in the UK Property Market: Risks and Proposed Reforms
Gazundering, where buyers lower their offer shortly before exchanging contracts, is a growing issue in England and Wales, prompting calls for faster government reform.
Business⚡ 6.0Chinese Automakers Gain Traction in the UK Market
Sales of Chinese-made vehicles in the United Kingdom have surged, driven by competitive pricing and advanced technology features.
BlackRock assets top $15tn
BlackRock's assets under management have surpassed $15 trillion, driven by market gains and new client money.
How AI and satellites are being used to detect and monitor global wildfires
Satellite technology and artificial intelligence are helping detect wildfires early, filling gaps in traditional observation systems to assist emergency responders.
Iran Expands Attacks to Syria and Bahrain Amid U.S. Strikes
Iran claims to have targeted U.S. forces in Syria and Bahrain as the U.S. concludes its sixth consecutive night of airstrikes against Iranian military targets.
