Business News

Business

Congo's Bold Move: Criminal Complaints Against Apple Over Conflict Minerals

The Democratic Republic of Congo has filed criminal complaints against Apple subsidiaries in France and Belgium, accusing the tech firm of using conflict minerals in its supply cha...

Business

Sri Lanka's Innovative Debt Restructuring: Governance and Macroeconomic Linked Bonds

Sri Lanka's debt restructuring involves $12.55 billion in international bonds, introducing innovative instruments linked to economic growth and governance. These include Governance...

Business

Japan Aims for a Greener Future: 40-50% Renewable Energy by 2040

Japan aims for renewable energy to account for up to 50% of its electricity mix by 2040, according to a draft energy policy. The plan also includes reducing thermal power usage and...

Business

Alibaba Sells Intime Department Store Arm for $1 Billion Amid Restructuring

Alibaba Group sells its department store arm, Intime, to Youngor Fashion for 7.4 billion yuan ($1.02 billion) as part of its strategic business restructuring.

Business

Indian Stock Market Opens Lower Amid Global Uncertainty

Indian equity benchmarks, BSE Sensex and Nifty50, opened lower on Tuesday amid global uncertainty. Analysts note resistance near 24,800 for Nifty and fluctuations in the India VIX....

Business

Walmart China Joins Forces with Meituan to Boost E-commerce Growth

Walmart China partners with Meituan to accelerate e-commerce growth, connecting its stores to Meituan's delivery ecosystem and expanding its Sam's Club presence in China.

Business

Top Brokerages' Stock Picks for December 17: A Deep Dive

Brokerages provide insights on stock recommendations, including 'sell' calls for Indian IT majors and 'buy' recommendations for PI Industries and Aurobindo Pharma. Also, BEML's upg...

Business

Philippine Central Bank Set to Cut Rates, Further Easing Expected in 2025

The Philippine central bank is expected to cut its key policy rate by 25 basis points on December 19th, driven by controlled inflation and a weakening economy. Further cuts are for...