Latest business news and market updates
Siemens CEO Roland Busch urges an end to uncertainty surrounding US tariffs, highlighting their disruptive impact on European industry and calling for stable trade policies to support economic growth.
Following the EU's sanctions on Russia's Rosneft, an Indian refinery part-owned by the Russian giant has tightened its sales terms, requiring early payments, underscoring the sanctions' ripple effects on global energy trade and market stability.
The Japanese upper house election on July 20, 2025, has strengthened the yen and uplifted US stock futures as investors react to potential shifts in Japan's political landscape and its wider economic implications.
The EU has imposed sanctions on a leading Iranian oil tycoon and his companies for facilitating Russian oil trade, intensifying efforts to curb Moscow’s financial resources amid the Ukraine conflict.
India's renewable energy sector achieved unprecedented growth in early 2025, marking a crucial step towards its ambitious 2030 clean energy goals amid global climate commitments and domestic energy demands.
Siemens CEO Roland Busch urges Germany to harness extensive industrial data to accelerate artificial intelligence integration, emphasizing the country's potential to lead in AI-driven manufacturing innovation.
Iron ore and steel prices reached four-month highs driven by China’s ambitious mega dam initiative in Tibet and government measures to reduce industrial overcapacity, signaling stronger demand and improved market sentiment.
Deutsche Bank CEO Christian Sewing reveals a notable shift as clients seek European banking options over US institutions amid global geopolitical tensions, signaling a strategic realignment of capital flows.
Wendell Huang, TSMC's CFO, emphasizes currency fluctuations pose significant risks to profit margins, prompting constant hedging strategy reviews amid a volatile global economic environment.