Business

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Mbappe backlash shows shrinking margin for error in China

The episode highlights the mounting risks for international brands operating in China, where an offhand remark can quickly ignite consumer backlash.

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HK Dollar Peg Architect Says Narrower Band May Ease Speculation

Narrowing the Hong Kong dollar’s trading band against the US greenback may enhance stability and reassure the public if such a move were ever implemented, according to John Greenwood, the economist dubbed the father of the city’s currency…

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3 Wall Street firms agree to pay up to $100,000 a month to get Trump’s posts faster

Donald Trump's Truth API, a subscription-based social media service, is attracting a diverse clientele, including Bloomberg and various trading firms, by offering rapid access to his posts. This service's growing popularity raises ethical…

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China’s tech darlings are losing their shine. Here’s what’s behind the sell-off

China's tech rally is being tested as as investors question whether AI profits can justify lofty valuations.

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Samsung shares fall despite bullish outlook on AI spending

Third-quarter profits for world’s largest memory-chip maker fall just short of analyst estimates

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Labour releases manifesto collating policies ahead of election

The 101 page document states that 'better' means: lower power bills, affordable healthcare, good jobs, growing the economy, a fair go and "real action" on the cost of living.

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Seoul court dismisses lawsuit by Tesla owners seeking refunds for 'Full Self-Driving' tech

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Lynas Expects One-Month Shutdown at Malaysian Rare-Earths Plant

Lynas Rare Earths Ltd. said planned maintenance at its refinery in Malaysia would cut production this quarter, but expects stockpiles of the critical minerals will ensure that customer orders aren’t affected.

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Utah files criminal charges against prediction market Kalshi and company co-founders

Firm calls charges, which include violating state gambling ban and profiting from illegal activity, ‘crazy overreach’ Utah on Wednesday filed criminal charges against prediction market operator Kalshi and two of its executives, months…

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Chinese boy who donated US$1.5 to end power cuts now works for energy company

A boy in central China who donated 10 yuan (US$1.5) to the Three Gorges Dam project in the 1990s now works for the power grid, helping transmit the electricity it generates across the country. Wang Yu, 47, works for the State Grid…

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Nigeria: Dangote Cement Pre-Tax Profit Jumps 41.5 Percent to N1.47 Trillion

[Daba Finance] Dangote Cement Plc reported a significant increase in its pre-tax profit for the nine months ended September 30, 2026. The company's pre-tax profit jumped 41.5% to N1.47 trillion, up from N1.04 trillion in the same period a…

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As Iran war drags on, airlines pull back on fuel hedges and warn on fares

Jet fuel accounts for 30% to 40% of airlines' costs, with European and Asian carriers historically hedging more of their fuel needs than U.S. rivals.