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Business

Northrop Boosts 2025 Profit Forecast

Despite a downward sales revision on supply-chain fallouts from Trump's ...

RTX Raises 2025 Forecast on Demand for Patriot Missiles

Despite a large hit from tariffs, the defense giant is ...

GM Shares Surge on 2025 Profits Revision

The leading US carmaker raised its profit guidance on continuing ...

Takaichi Plan to Cheapen Yen Boosts Dollar

Japan's new prime ministers has signaled a willingness to let ...

Low Yen, Asia Demand Drive First Japan Export Growth in ...

US tariff impact was more than offset by a weak ...

Airbus Opens 2nd China Assembly Plant

The Anglo-French firm will open its 10th global final assembly ...

Asian Stocks Rise on Hope Trade Tensions Easing

The prospect of fruitful US-China trade talks sends Asia stocks ...

Apple Nears $4 Trillion on Surging iPhone 17 Sales

Apple appears likely to join Nvidia and Microsoft in the ...

Fed Rate Cut Expected Despite Data Vaccuum

A rate cut is expected on spotty Fed data showing ...

Tariffs Peaked in May, Now Declining

Major global companies estimate $35 billion in tariffs for Q3, ...

Vietnam Budget Carrier Stops Flying China's COMAC C909

The decision appears to have been due not to operational ...

China's Rare-Earth Squeeze Felt Around the World

A 6.1% drop in September shipment of rare earth magnets ...

Vietnam Targets 10% GDP Growth in 2026

20% US tariffs hasn't suppressed Vietnam's strong export momentum from ...

China Bought No US Soybeans in September

For the first time in seven years China fulfilled its ...

S. Korea Shows Off Unmanned AI Weaponry

The nation's largest-ever arms fair Friday features weapons promising AI ...

Carmakers Warn of US Disruptions from Nexperia Chip Conflict

US and Netherlands interference with operations of the Chinese Dutch ...

Chinese Dutch Chipmaker Nexperia Caught in US-China Trade War

BMW and other carmakers are being affected by US-imposed restrictions ...

Singles Day Extended to Weeks by Chinese Retailers

To entice consumer spending major Chinese retailers like Alibaba and ...

Meta's AI Glasses Drive Ray-Ban Sales Surge

EssilorLuxottica's Q3 revenues for North America jumped 12.1% on surging ...

Homebuilder Mood at 6-Month High on Mortgage Rate Hopes

Hope that the weakening economy will trigger a Fed interest ...

Electric Aircraft Maker Beta Technologies Plans IPO

The Vermont-based maker of eVTOL and eCTOL aircraft and advanced ...

Apple Unveils More Powerful Devices at Same Prices

Updates of MacBook Pro. iPad Pro and Vision Pro with ...

Nvidia Consortium Buys $40 Billion Data Center

The Artificial Intelligence Infrastructure Partnership led by Nvidia and Black ...

India Exports to US Plunged in August

Up to 50% Trump tariffs on goods from India caused ...

Superintelligence Startup Lila Science Scores $1.3 Billion Valuation

Nvidia's prominence in a new funding round lends investor credibility ...

Surge Biswas's Nabla Bio Inks Deal with Takeda Pharmaceutical

The Japanese pharmaceutical giant will provide capital for the US ...

Indian Textile Exporters Turn to Europe, Discounts Amid US Tariffs

Trump tariffs of up to 50% force Indian textile exporters ...

TSMC Q3 Profits Soar on AI Boom

Asia's most valuable company is projected to announce a whopping ...

OpenAI Pursues Custom Chips with Broadcom Deal

As Nvidia struggles to meet demand for AI GPUs OpenAI ...

Deals Making Up an Epic AI Boom Listed

Nvidia, OpenAI, Meta and Oracle are the bright stars anchoring ...

BYD's 3rd Europe Plant Likely to Be Spain

Spain is likely to join Hungary and Turkey as production ...

Google Plans $15 Billion India AI Data Center

A 1-gigawatt data center campus will be built in Visakhapatnam ...

China Car Sales Soared in September

With surging EVs making up well over half of all ...

Rupee to Get Central Bank Help Amid Rising US-China Tensions

The recent trade tiff between the world's two biggest economies ...

China Exports, Imports Surged to Record in September

Exports jumped 8.3% as Chinese manufacturers found alternative markets to ...

AI Boom Masks Consumer Weakness

A surge of new business investment is offsetting weakening consumer ...

Online Retailers Forced to Remove Millions of Chinese Electronics

An FCC crackdown on items like security cameras and phones ...

Qualcomm Faces China Antitrust Probe on Autotalks Acquisition

Buying the maker of Israeli chips that prevents car crashes ...

Space Startups Snag Record $3.5 Billion in Q3 Investments

Investors see opportunities to tap an expected boom in space-based ...

Major Chinese Humanoid Robot Firm Plans Hong Kong IPO

AgiBot seeks a valuation of over $5 billion with investments ...

Ferrari Teases 193 MPH EV Beast

The Electrica, Ferrari's first EV set for 2026 release, is ...

Golden Week Spending Dip Alarms China Planners

Spending by Chinese during one of the year's two biggest ...

10 Airtaxies Leading the Commercialization Race

Quiet, clean and financially viable flying cars are already flying ...

Toyota, Sumitomo Metal Develop New Cathode Material

The development will advance the quest for solid-state EV batteries ...

Cheap Model Y Faces Intense Price Competition in Europe

The new affordable Tesla Model Y faces little competition in ...

OpenAI, Anthropic Eye Investor Funds to Settle Copyright Suits

Massive publisher content used to train AI models has opened ...

Microsoft Strikes Deal with Harvard for Medical Advice

In a continuing effort to cut its dependence on OpenAI ...

China Adds Controls on Rare Earths, Magnet Technology

The new restrictions may have been precipitated by current US ...

Cisco Systems Unveils Router Chips to Link AI Data Centers

Data centers located at great distances to take advantage of ...

China Evaded Restrictions to Buy $38 Billion in Advanced Chipmaking ...

Regulations introduced in 2022 to block China's access to state-of-the-art ...