One bright spot in global trade in August was the appetite for chips. However, even that industry is facing headwinds. This comes on the back of the global economy looking more and more bleak.

Trade tariffs top global trade risks list | World Business Watch | WION

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. Federal Reserve holds rates steady amid high projections for 2024 rate cuts The US Federal Reserve has decided to maintain its benchmark interest rates at 5.

WION Business Wrap | The top stories from the world of business & economy

Corporate salary hike in India set to average 9 pc in 2024: Deloitte report Deloitte India's latest survey forecasts an average salary increase of 9 per cent for corporate executives in India in 2024, slightly lower than the 9.

WION Business Wrap | China's property crisis, India's rise in HDI and more

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. IBM announces job cuts amidst AI integration: Report Following a seven-minute meeting, International Business Machines Corp (IBM) disclosed plans for layoffs within its marketing and communications division, leaving employees grappling with uncertainty.

WION Business Wrap | Adidas' historic loss, India's economic surge and more

WION's Business Desk brings you this daily round-up of global stories from the world of business and economy. Moody's Bullish on India: GDP growth forecast skyrockets to 8 pc for FY24 Leading global rating agency, Moody's, has raised the bar for India's economic prowess, revising its GDP growth forecast for the fiscal year 2023-24 to an impressive 8 per cent.

WION Business Wrap | Top stories from the world of economy and business

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. Second mansion of Evergrande chairman hits market amid liquidation In the latest development surrounding China Evergrande Group's financial turmoil, a second mansion once owned by the company's chairman, Hui Ka Yan, has been listed for sale by receivers, as reported by property agent Savills.

WION Business Wrap | China's manufacturing slump, oil prices surge and more

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. Paramount global surprises with streaming growth despite missing revenue estimates Paramount Global's quarterly revenue disappointed Wall Street on Wednesday, even after posting a profit boosted by streaming gains that overshadowed a sluggish advertising market.

WION Business Wrap | From Japan to the U.S: Top business and economy stories of the day

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. Sony announces layoffs and studio closure while challenges loom in the gaming sector Sony has revealed plans to lay off approximately 900 employees from its PlayStation unit and shut down a London-based studio, according to an announcement made on Tuesday.

WION Business Wrap | The top business stories of the day summarised

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. Byju's investors forge ahead with CEO ousting amid legal hurdles and financial turmoil The meeting, organised by a consortium of shareholders including global tech investor Prosus, is poised to deliberate on Raveendran's removal amid a backdrop of profound financial distress and legal entanglements that have engulfed the company over the past year.

WION Business Wrap | Nvidia's soaring stock, Nikkei's resurgence and more

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. Ukraine refuses to remove Raiffeisen from "Sponsors of War" blacklist: Report In a move intensifying geopolitical tensions, Ukraine has stood firm on its decision not to remove Raiffeisen Bank International from its "sponsors of war" blacklist despite pressure from Austrian political leaders and the bank itself.

WION Business Wrap | Nvidia, Fed bank stress test, Paytm crisis and other stories

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. India to set up 'Bharat Mart' in Dubai: All you need to know about the warehouse facility As part of its ambition to displace China as the global supply chain hub, India is setting up a warehouse facility, named 'Bharat Mart', in the United Arab Emirates.

WION Business Wrap | Nvidia's valuation surge, Japan slips into recession & more

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. India nears landmark $100 bn investment pact with Switzerland, Norway India is on the brink of finalising a trade agreement that could potentially unleash a wave of investment worth $100 billion over 15 years from a select group of European nations.

WION Business Wrap | S&P 500's historic high, soaring cocoa prices & more

WION's Business Desk brings you this daily round-up of global stories from the world of business and economy. Red Sea crisis weighs on already disrupted global supply chains There is no respite for battered global supply chains.

Wion Business Wrap | Red Sea crisis, Toshiba delisting, Monsanto's legal woes & more

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. India's retail inflation hits four-month low in October, nearing RBI's target India's retail inflation experienced a downturn in October, reaching a four-month low and moving closer to the central bank's targeted 4 per cent, a level deemed necessary before considering interest rate reductions Read more here PRS Oberoi, pioneer of luxury hospitality, passes away at 94 Prithvi Raj Singh Oberoi, fondly known as PRS Oberoi and hailed as the doyen of Indian hospitality, passed away on Tuesday morning at the age of 94, leaving behind a legacy that transformed the landscape of luxury hotels in India and beyond.

Wion Business Wrap | China's economic woes, Argentinians opt for old clothes & more

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. FTX founder Sam Bankman-Fried found guilty of defrauding customers FTX founder Sam Bankman-Fried has been found guilty on all charges, including defrauding customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record.

WION Business Wrap | Sam Bankman-Fried convicted, Amazon's algorithm trouble & more

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. US Federal Reserve keeps interest rates unchanged at 22-year high, says economy is ‘strong’ The United States Federal Reserve voted to keep the interest rate, which currently stands at a 22-year high, unchanged for a second straight meeting.

WION Business Wrap | Japan's package, India's digitisation ambitions & much more

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. WeWork nears bankruptcy amidst crushing debt and plummeting value The embattled flexible workspace provider, WeWork, is reportedly on the verge of filing for bankruptcy in the coming week.

WION Business Wrap | WeWork's woes, fall in US consumer confidence

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. UAW reaches agreements with Detroit automakers, ending strikes After a six-week-long campaign of coordinated strikes, the United Auto Workers (UAW) and General Motors (GM) reached a tentative agreement on Monday, marking the end of the unprecedented strike against Detroit's "Big Three" automakers.

WION Business Wrap | The big global business stories summarised

In a world characterised by constant change and geopolitical unrest, global corporations are facing a tumultuous period as the Israel-Hamas conflict rages on. The conflict, ignited by a sudden attack by Hamas on Israeli towns, has led to the loss of thousands of lives and is leaving an indelible mark on the business landscape.

Earnings in the fog of war: Global companies dance to Israel-Hamas tune

Global mergers and acquisitions (M&A) activity experienced a significant 36 per cent year-on-year decline in the second quarter of 2023, Reuters reported. However, investment bankers and legal experts remain optimistic, citing the gradual restoration of chief executives' confidence in dealmaking, driven by the stock market's recovery.

Global mergers & acquisitions decline in Q2, but stock market recovery boosts optimism

The United States in January imposed sanctions on Venezuela`s most important global business - producing and selling crude oil - as the Trump administration ratcheted up its bid to force socialist president Nicolas Maduro out of power.

Explainer: US sanctions and Venezuela's exports and imports

Big business wanted to remain in the world's biggest trading bloc because of ease of access to 500 million European consumers

From beer to drugs to cars: Global business laments EU vote

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