business-economy
Japan ends 17-year stint of negative interest rates as BOJ initiates historic rate hike
This decision, unveiled after a two-day policy meeting, reflects the BOJs confidence in Japans evolving wage-price dynamics and its pursuit ...
Read Article→WION Business Wrap | Evergrande’s $78 bn fraud, Egypt’s economic resurgence, Nvidia’s B200 AI chip and more
WIONs Business Desk brings you this daily round up of global stories from the world of business and economy.
Read Article→European start-ups navigate complex debt deals amid funding downturn
The allure of convertible debt, which morphs into equity over time, has seen a surge in adoption among companies seeking cash injections wit...
Read Article→Apple asserts compliance with EU's digital markets act amidst scrutiny
The DMA, which came into effect on March 7, imposes a set of obligations and prohibitions on tech giants such as Apple, Google, Amazon, Byte...
Read Article→EU and Philippines rekindle free trade negotiations after seven-year hiatus
According to Bloomberg, the announcement, made by Manila’s Department of Trade and Industry, comes as both parties express optimism about th...
Read Article→Indian bonds to reshape the global bonds market?
While the upcoming elections dominate headlines, a quieter revolution is brewing in the financial markets. Indias inclusion in key global bo...
Read Article→IRS Commissioner outlines plans to boost workforce for modernisation goals
Internal Revenue Service (IRS) Commissioner Danny Werfel announced on Monday that the agencys intention to expand its workforce to over 100,...
Read Article→Nvidia expands collaborations with Chinese automakers
Tech giant Nvidia on Monday announced its plans to strengthen partnerships with Chinese automakers, including BYD, as they endeavor to devel...
Read Article→Fidelity International plans layoffs amid China market challenges
In response to a downturn in Chinas markets and as part of a global cost reduction initiative, fund manager Fidelity International (FIL) is ...
Read Article→Ethiopia bank glitch allows customers to withdraw millions. Here’s what happened
On Saturday (Mar 16) morning, customers of the state-owned Commercial Bank of Ethiopia (CBE) discovered that they were able to withdraw more...
Read Article→Commodity trading industry boasts second-best year ever with over $100 bn in profits
Although profits dipped from the previous years remarkable heights, the sectors earnings still surpassed historical benchmarks, including th...
Read Article→Nvidia unveils B200 AI chip, fortifying market dominance in the AI industry
With the introduction of the B200 flagship AI chip, Nvidia aims to maintain its 80 per cent market share dominance.
Read Article→Egypt's Economic Resurgence: World Bank unleashes $6 bn aid package
According to a Bloomberg report, this injection of funds propels Egypts global bailout efforts to over $50 billion in recent weeks, signalli...
Read Article→Evergrande’s Scandal: China's property giant accused of $78 bn fraud
According to reports, the allegations, accusing Evergrande of inflating revenues over two years, have prompted swift regulatory action, with...
Read Article→Four-month-old millionaire? Narayana Murthy gifts grandson Infosys shares worth $28.9 million
The four-month-old Ekagrah, son of Rohan Murty and Aparna Krishnan, is now the owner of a 0.04 per cent stake in Infosys
Read Article→WION Business Wrap | EU’s $8 bn package for Egypt, Uber to pay $178 mn to Australian taxi drivers and more
WIONs Business Desk brings you this daily round up of global stories from the world of business and economy.
Read Article→China's industrial output surges in early 2024, offers relief to policymakers
Industrial output in China surged by 7.0 per cent year-on-year during the January-February period, as revealed by data released on Monday.
Read Article→UBS eyes US expansion through wealth management M&A
Swiss banking powerhouse UBS is eyeing potential merger and acquisition opportunities in the United States in the coming years, according to...
Read Article→Venture Global LNG expands fleet and navigates challenges in LNG market
Venture Global LNG, headquartered in Arlington, Virginia, announced its acquisition of nine liquefied natural gas (LNG) transport vessels on...
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