As central banks around the world embark on a synchronized approach to cutting interest rates, a real-time experiment is underway to assess how significantly the global financial landscape has transformed since the pandemic. The recent decision by the Federal Reserve to join the European Central...

Oil prices slipped on Wednesday, with global investors casting doubt on the effectiveness of China’s latest economic stimulus efforts to significantly boost fuel demand in the world’s largest crude importer. The drop comes despite China's recent announcement of aggressive economic measures, which...

The European Union (EU) has been at the forefront of developing comprehensive regulatory frameworks for technology, and artificial intelligence (AI) is no exception. In line with this goal, the EU introduced its landmark AI Act in 2023, which is expected to reshape how AI is governed across member...

Levi Strauss & Co.'s CEO Michelle Gass told the Financial Times that the company will not achieve its target of reaching $9-10 billion in annual turnover by 2027. Levi's will provide a more specific timeline for achieving that objective once it has reevaluated its plans, according to Gass. She...

The Ministry of Commerce and Industry reported that India's imports of liquefied natural gas grew by 57% to 2.784 million tons in July 2024 from 1.777 million tons in July 2023. This is the peak in the history of national trade data. The last high point occurred in February 2020 (2.672 million...

China's central bank took significant steps on Tuesday to revive an economy facing growing deflationary pressures, weak consumer demand, and the potential of missing its 2024 growth target. In a sweeping announcement, the People's Bank of China (PBOC) introduced a broad monetary stimulus and...

Europe is facing growing political and economic uncertainty as its two largest economies, Germany and France, struggle with internal woes that threaten the stability of the entire eurozone. With both countries seeing sharp declines in business activity and ongoing political challenges, the outlook...

The cryptocurrency market has experienced a whirlwind of activity over the years, with Bitcoin remaining at the forefront of the digital currency world. In 2024, Bitcoin continued to demonstrate its trademark volatility, soaring to remarkable highs while also facing sharp declines. As the world...

China is grappling with a significant milk surplus, a situation that has arisen from a confluence of economic factors, demographic changes, and a strategic misalignment in its dairy industry. As the world's top importer of dairy products, China's current surplus illustrates the unintended...